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Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2013
Commitments and Contingencies [Abstract]  
Schedule of Planned Capital Expenditures
At June 30, 2013, estimated capital expenditures for the remainder of 2013 through 2017 were as follows:

 
Remainder of 2013
 
2014
 
2015
 
2016
 
2017
 
Total
 
(millions)
FPL:
 
 
 
 
 
 
 
 
 
 
 
Generation:(a)
 
 
 
 
 
 
 
 
 
 
 
New(b)(c)
$
335

 
$
790

 
$
255

 
$
80

 
$
—

 
$
1,460

Existing
375

 
760

 
735

 
600

 
550

 
3,020

Transmission and distribution
440

 
1,170

 
1,085

 
1,055

 
795

 
4,545

Nuclear fuel
190

 
140

 
210

 
220

 
225

 
985

General and other
95

 
160

 
110

 
125

 
120

 
610

Total(d)
$
1,435

 
$
3,020

 
$
2,395

 
$
2,080

 
$
1,690

 
$
10,620

NEER:
 

 
 

 
 

 
 

 
 

 
 

Wind(e)
$
425

 
$
80

 
$
15

 
$
5

 
$
5

 
$
530

Solar(f)
325

 
140

 
—

 
—

 
—

 
465

Nuclear(g)
160

 
290

 
245

 
325

 
295

 
1,315

Other(h)
65

 
40

 
100

 
80

 
40

 
325

Total
$
975

 
$
550

 
$
360

 
$
410

 
$
340

 
$
2,635

Corporate and Other
$
55

 
$
80

 
$
70

 
$
70

 
$
70

 
$
345

————————————
(a)
Includes allowance for funds used during construction (AFUDC) of approximately $35 million, $57 million, $50 million and $27 million for the remainder of 2013 through 2016, respectively.
(b)
Includes land, generating structures, transmission interconnection and integration and licensing.
(c)
Consists of projects that have received FPSC approval. Excludes capital expenditures for the construction costs for the two additional nuclear units at FPL's Turkey Point site beyond what is required to receive an NRC license for each unit.
(d)
FPL has identified $1.5 billion to $2.5 billion in potential incremental capital expenditures through 2016 in addition to what is included in the table above. Excludes potential incremental capital expenditures totaling approximately $1.6 billion for the natural gas pipeline system. See Part II, Item 5. (c)(i).
(e)
Consists of capital expenditures for new wind projects and related transmission totaling approximately 450 mw, including approximately 125 mw in Canada, that have received applicable internal approvals.  Excludes new Canadian wind projects requiring internal approvals with generation totaling approximately 470 mw in 2014 and 2015, with an estimated total cost of approximately $1.3 billion to $1.7 billion. NEER expects to add up to 1,500 mw of new U.S. wind generation through 2014 at a total cost of up to $3 billion.
(f)
Consists of capital expenditures for new solar projects and related transmission totaling 545 mw that have received applicable internal approvals, including equity contributions associated with a 50% equity investment in a 550 mw solar project.  Excludes a solar project requiring internal approval with generation totaling 250 mw with an estimated cost of approximately $600 million to $800 million.  Additionally, NEER expects to add up to 300 mw of incremental solar generation at a cost of up to $1 billion through 2016.
(g)
Includes nuclear fuel.
(h)
Consists of capital expenditures that have received applicable internal approvals.  
Required capacity and/or minimum payments under contracts
The required capacity and/or minimum payments under the contracts discussed above as of June 30, 2013 were estimated as follows:

 
Remainder of 2013
 
2014
 
2015
 
2016
 
2017
 
Thereafter
 
(millions)
FPL:
 
 
 
 
 
 
 
 
 
 
 
Capacity charges:(a)
 
 
 
 
 
 
 
 
 
 
 
Qualifying facilities
$
140

 
$
285

 
$
290

 
$
250

 
$
255

 
$
2,225

JEA and Southern subsidiaries
$
115

 
$
215

 
$
195

 
$
70

 
$
50

 
$
10

Minimum charges, at projected prices:
 

 
 

 
 

 
 

 
 

 
 

Natural gas, including transportation and storage(b)
$
1,130

 
$
1,295

 
$
570

 
$
535

 
$
530

 
$
6,405

Coal(b)
$
50

 
$
30

 
$
5

 
$
5

 
$
—

 
$
—

NEER
$
745

 
$
390

 
$
140

 
$
145

 
$
70

 
$
585

Corporate and Other(c)(d)
$
30

 
$
10

 
$
10

 
$
10

 
$
10

 
$
10

————————————
(a)
Capacity charges under these contracts, substantially all of which are recoverable through the capacity clause, totaled approximately $119 million and $129 million for the three months ended June 30, 2013 and 2012, respectively, and approximately $244 million and $262 million for the six months ended June 30, 2013 and 2012, respectively.  Energy charges under these contracts, which are recoverable through the fuel clause, totaled approximately $86 million and $82 million for the three months ended June 30, 2013 and 2012, respectively, and approximately $109 million and $121 million for the six months ended June 30, 2013 and 2012, respectively.
(b)
Recoverable through the fuel clause.
(c)
Includes an approximately $65 million commitment to invest in clean power and technology businesses through 2021.
(d)
Excludes approximately $145 million, in 2013, of joint obligations of NEECH and NEER which are included in the NEER amounts above.