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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2014
Commitments and Contingencies [Abstract]  
Schedule of Planned Capital Expenditures
At September 30, 2014, estimated capital expenditures for the remainder of 2014 through 2018 were as follows:

 
Remainder of 2014
 
2015
 
2016
 
2017
 
2018
 
Total
 
(millions)
FPL:
 
 
 
 
 
 
 
 
 
 
 
Generation:(a)
 
 
 
 
 
 
 
 
 
 
 
New(b)(c)
$
180

 
$
300

 
$
80

 
$
5

 
$

 
$
565

Existing
230

 
710

 
590

 
600

 
490

 
2,620

Transmission and distribution
445

 
1,565

 
1,840

 
1,315

 
1,335

 
6,500

Nuclear fuel
35

 
205

 
220

 
125

 
150

 
735

General and other
55

 
215

 
175

 
185

 
160

 
790

Total(d)
$
945

 
$
2,995

 
$
2,905

 
$
2,230

 
$
2,135

 
$
11,210

NEER:
 

 
 

 
 

 
 

 
 

 
 

Wind(e)
$
375

 
$
1,175

 
$
135

 
$
10

 
$
15

 
$
1,710

Solar(f)
260

 
835

 
495

 

 

 
1,590

Nuclear(g)
105

 
275

 
290

 
245

 
240

 
1,155

Other(h)
185

 
240

 
55

 
50

 
115

 
645

Total
$
925

 
$
2,525

 
$
975

 
$
305

 
$
370

 
$
5,100

Corporate and Other(i)
$
75

 
$
365

 
$
855

 
$
270

 
$
110

 
$
1,675

————————————
(a)
Includes allowance for funds used during construction (AFUDC) of approximately $12 million, $59 million and $17 million for the remainder of 2014 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 $750 million to $1 billion in potential incremental capital expenditures through 2016 in addition to what is included in the table above.
(e)
Consists of capital expenditures for new wind projects and related transmission totaling approximately 1,740 MW, including approximately 325 MW in Canada, that have received applicable internal approvals.  NEER expects to add new U.S. wind generation of approximately 2,500 MW in 2013 through 2015, including approximately 525 MW added to date, at a total cost of $4.5 billion to $5 billion, and new Canadian wind generation of 640 MW in 2013 through 2016, including 315 MW added to date, at a total cost of $2 billion to $2.5 billion.
(f)
Consists of capital expenditures for new solar projects and related transmission totaling approximately 515 MW that have received applicable internal approvals, including equity contributions associated with a 50% equity investment in a 550 MW solar project.  NEER expects to add new U.S. solar generation of 1,600 MW to 1,800 MW in 2013 through 2016, including approximately 530 MW added to date, at a total cost of $4.5 billion to $5.5 billion.
(g)
Includes nuclear fuel.
(h)
Consists of capital expenditures that have received applicable internal approvals.
(i)
Includes capital expenditures totaling approximately $1.3 billion for the remainder of 2014 through 2018 for construction of a natural gas pipeline system that has received applicable internal approvals, including approximately $825 million of equity contributions associated with a 33% equity investment in the northern portion of the natural gas pipeline system and $520 million for the southern portion, which includes AFUDC of approximately $3 million, $17 million and $10 million for 2015 through 2017, respectively.  Construction of the natural gas pipeline system is subject to certain conditions, including FERC approval.  A FERC decision is expected in 2015.  See Contracts below.

Required capacity and/or minimum payments under contracts
The required capacity and/or minimum payments under the contracts discussed above as of September 30, 2014 were estimated as follows:

 
Remainder of 2014
 
2015
 
2016
 
2017
 
2018
 
Thereafter
 
(millions)
FPL:
 
 
 
 
 
 
 
 
 
 
 
Capacity charges:(a)
 
 
 
 
 
 
 
 
 
 
 
Qualifying facilities
$
70

 
$
290

 
$
250

 
$
255

 
$
260

 
$
1,965

JEA and Southern subsidiaries
$
55

 
$
195

 
$
70

 
$
50

 
$
10

 
$
5

Minimum charges, at projected prices:(b)
 

 
 

 
 

 
 

 
 

 
 

Natural gas, including transportation and storage(c)
$
415

 
$
1,250

 
$
755

 
$
745

 
$
825

 
$
14,520

Coal
$
20

 
$
70

 
$
40

 
$
35

 
$

 
$

NEER
$
485

 
$
1,335

 
$
655

 
$
135

 
$
130

 
$
480

Corporate and Other(d)(e)
$
70

 
$
250

 
$
505

 
$
50

 
$
25

 
$
70

————————————
(a)
Capacity charges under these contracts, substantially all of which are recoverable through the capacity cost recovery clause, totaled approximately $123 million and $121 million for the three months ended September 30, 2014 and 2013, respectively, and approximately $369 million and $365 million for the nine months ended September 30, 2014 and 2013, respectively.  Energy charges under these contracts, which are recoverable through the fuel clause, totaled approximately $110 million and $93 million for the three months ended September 30, 2014 and 2013, respectively, and approximately $242 million and $202 million for the nine months ended September 30, 2014 and 2013, respectively.
(b)
Recoverable through the fuel clause.
(c)
Includes approximately $200 million, $295 million and $8,535 million in 2017, 2018 and thereafter, respectively, of firm commitments, subject to certain conditions as noted above, related to the natural gas transportation agreements with Sabal Trail and Florida Southeast Connection.
(d)
Includes an approximately $45 million commitment to invest in clean power and technology businesses through 2021.
(e)
Excludes approximately $325 million in 2015 of joint obligations of NEECH and NEER which are included in the NEER amounts above.