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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2014
Commitments And Contingencies Tables Disclosure [Line Items]  
Energy Commitments [Text Block]
 Net Capacity REC Transmission Rights Purchased Energy   
 Purchases (a)  Purchases (b)  Purchases (c)  from CENG Total 
                          
2014 $314   $100   $19   $640   $1,073  
2015  367    141    13    0    521  
2016  284    96    2    0    382  
2017  223    42    2    0    267  
2018  112    8    2    0    122  
Thereafter  414    4    32    0    450  
                          
Total $1,714   $391   $70   $640   $2,815  

 

(a)       Net capacity purchases include PPAs and other capacity contracts including those that are accounted for as operating leases. Amounts presented in the commitments represent Generation's expected payments under these arrangements at March 31, 2014, net of fixed capacity payments expected to be received by Generation under contracts to resell such acquired capacity to third parties under long-term capacity sale contracts. Expected payments include certain fixed capacity charges which may be reduced based on plant availability.

(b)       The table excludes renewable energy purchases that are contingent in nature.

(c)       Transmission rights purchases include estimated commitments for additional transmission rights that will be required to fulfill firm sales contracts.

Utility Energy Purchase Commitments [Text Block]
    Expiration within
                   2019
 Total  2014 2015 2016 2017 2018 and beyond
                     
ComEd                    
Electric supply procurement (a)$591 $178 $136 $137 $140 $0 $0
Renewable energy and RECs (b) 1,565  50  72  76  77  83  1,207
PECO                    
Electric supply procurement (c) 713  546  167  0  0  0  0
AECs (d) 14  2  2  2  2  2  4
BGE                    
Electric supply procurement (e) 1,026  541  409  76  0  0  0
Curtailment services (f) 120  33  40  34  13  0  0

(a)       ComEd entered into various contracts for the procurement of electricity that started to expire in 2012, and will continue to expire through 2017. ComEd is permitted to recover its electric supply procurement costs from retail customers with no mark-up.

(b)       ComEd entered into 20-year contracts for renewable energy and RECs beginning in June 2012. ComEd is permitted to recover its renewable energy and REC costs from retail customers with no mark-up. The commitments represent the maximum settlements with suppliers for renewable energy and RECs under the existing contract terms. Pursuant to the ICC's Order on December 19, 2012, ComEd's commitments under the existing long-term contracts were reduced for the June 2013 through May 2014 procurement period. In addition, the ICC's December 18, 2013 order approved the reduction of ComEd's commitments under those contracts for the June 2014 through May 2015 procurement period, and the amount of the reduction was approved by the ICC in March 2014.

(c)       PECO entered into various contracts for the procurement of electric supply to serve its default service customers that expire between 2014 and 2016. PECO is permitted to recover its electric supply procurement costs from default service customers with no mark-up in accordance with its PAPUC-approved DSP Programs. See Note 4 - Regulatory Matters for additional information.

(d)       PECO is subject to requirements related to the use of alternative energy resources established by the AEPS Act. See Note 4 - Regulatory Matters for additional information.

(e)       BGE entered into various contracts for the procurement of electricity that expire between 2014 through 2016. The cost of power under these contracts is recoverable under MDPSC approved fuel clauses. See Note 4 - Regulatory Matters for additional information.

(f)       BGE has entered into various contracts with curtailment services providers related to transactions in PJM's capacity market. See Note 4 - Regulatory Matters for additional information.

 

Fuel Purchase Commitments [Text Block]
    Expiration within
                   2019
 Total  2014 2015 2016 2017 2018 and beyond
                     
Generation$8,402 $1,036 $1,285 $1,039 $1,041 $780 $3,221
PECO 479  146  117  98  37  15  66
BGE 640  105  82  80  63  52  258
Commercial Commitments [Text Block]
    Exelon  Generation  ComEd  PECO  BGE 
                  
Letters of credit (non-debt) (a) $1,717 $1,675 $17 $22 $1 
Guarantees  4,644(b) 1,287(c) 205(d) 181(e) 259(f)
Nuclear insurance premiums (g)  3,529  3,529  0  0  0 
                  
Total commercial commitments $9,890 $6,491 $222 $203 $260 

 

(a)       Non-debt letters of credit maintained to provide credit support for certain transactions as requested by third parties.

(b)       Primarily reflects parental guarantees issued on behalf of Generation to allow the flexibility needed to conduct business with counterparties without having to post other forms of collateral. Also reflects guarantees issued to ensure performance under specific contracts, preferred securities of financing trusts, property leases, indemnifications, NRC minimum funding assurance requirements and $211 million on behalf of CENG nuclear generating facilities for credit support and miscellaneous guarantees. The estimated net exposure for obligations under commercial transactions covered by these guarantees was $0.5 billion at March 31, 2014, which represents the total amount Exelon could be required to fund based on March 31, 2014 market prices.

(c)       Primarily reflects guarantees issued to ensure performance under energy marketing and other specific contracts and $211 million on behalf of CENG nuclear generating facilities for credit support. The estimated net exposure for obligations under commercial transactions covered by these guarantees was $0.3 billion at March 31, 2014, which represents the total amount Generation could be required to fund based on March 31, 2014 market prices.

(d)       Primarily reflects full and unconditional guarantees of $200 million Trust Preferred Securities of ComEd Financing III, which is a 100% owned finance subsidiary of ComEd.

(e)       Primarily reflects full and unconditional guarantees of $178 million Trust Preferred Securities of PECO Trust III and IV, which are 100% owned finance subsidiaries of PECO.

(f)       Primarily reflects full and unconditional guarantees of $250 million Trust Preferred Securities of BGE Capital Trust II, which is a 100% owned finance subsidiary of BGE.

(g)       Represents the maximum amount that Generation would be required to pay for retrospective premiums in the event of nuclear disaster at any domestic site under the Secondary Financial Protection pool as required under the Price-Anderson Act as well as the current aggregate annual retrospective premium obligation that could be imposed by NEIL. See the Nuclear Insurance section within this note for additional details on Generation's nuclear insurance premiums.

 

Accrued environmental liabilities [Text Block]
 March 31, 2014Total Environmental Investigation and Remediation Reserve  Portion of Total Related to MGP Investigation and Remediation  
 Exelon$332 $267 
 Generation 56  0 
 ComEd 230  225 
 PECO 45  42 
 BGE 1  0 
 December 31, 2013Total Environmental Investigation and Remediation Reserve  Portion of Total Related to MGP Investigation and Remediation  
 Exelon$338 $273 
 Generation 56  0 
 ComEd 234  229 
 PECO 47  44 
 BGE 1  0 
Other Purchase Obligation [Table Text Block]
    Expiration within
                   2019
 Total  2014 2015 2016 2017 2018 and beyond
                     
Exelon$547 $150 $146 $58 $49 $36 $108
Generation 462  120  138  45  41  30  88
ComEd (a) 45  11  5  5  5  5  14
PECO (a) 28  16  1  3  1  1  6
BGE (a) 10  1  2  5  2  0  0

(a)        Purchase obligations include commitments related to smart meter installation. See Note 4 – Regulatory Matters for additional information.