XML 72 R45.htm IDEA: XBRL DOCUMENT v3.20.4
Notes Payable to Banks, Commercial Paper, and Lines of Credit (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Short-Term Borrowings Information concerning short-term borrowings is shown below:

 

(In thousands)

 

MGE Energy(a)

 

 

 

MGE

 

 

 

As of December 31,

 

2020

 

 

2019

 

 

 

2020

 

 

2019

 

 

 

Available capacity under line of credit

$

96,815

 

$

150,000

 

 

$

46,815

 

$

100,000

 

 

 

Short-term debt outstanding

$

52,500

 

$

-

 

 

$

52,500

 

$

-

 

 

 

Letters of credit issued inside credit facilities

$

685

 

$

-

 

 

$

685

 

$

-

 

 

 

Weighted-average interest rate

 

0.15

%

 

-

%

 

 

0.15

%

 

-

%

 

 

Year Ended December 31,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maximum short-term borrowings

$

52,500

 

$

56,000

 

 

$

52,500

 

$

56,000

 

 

 

Average short-term borrowings

$

6,393

 

$

18,364

 

 

$

6,393

 

$

18,364

 

 

 

Weighted-average interest rate

 

0.43

%

 

2.16

%

 

 

0.43

%

 

2.16

%

 

(a) MGE Energy short-term borrowings include MGE Energy and MGE lines of credit and MGE commercial paper.