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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Planned Capital Expenditures
At December 31, 2014, estimated capital expenditures for 2015 through 2019 were as follows:

 
2015
 
2016
 
2017
 
2018
 
2019
 
Total
 
(millions)
FPL:
 
 
 
 
 
 
 
 
 
 
 
Generation:(a)
 
 
 
 
 
 
 
 
 
 
 
New(b)(c)
$
395

 
$
400

 
$
5

 
$
5

 
$

 
$
805

Existing
785

 
635

 
640

 
495

 
440

 
2,995

Transmission and distribution
1,725

 
1,965

 
1,760

 
1,625

 
1,680

 
8,755

Nuclear fuel
205

 
220

 
125

 
150

 
175

 
875

General and other
325

 
230

 
215

 
160

 
130

 
1,060

Total(d)
$
3,435

 
$
3,450

 
$
2,745

 
$
2,435

 
$
2,425

 
$
14,490

NEER:(e)
 

 
 

 
 

 
 

 
 

 
 

Wind
$
1,345

 
$
275

 
$
10

 
$
15

 
$
10

 
$
1,655

Solar
1,210

 
555

 

 

 

 
1,765

Nuclear, including nuclear fuel
270

 
295

 
245

 
240

 
280

 
1,330

Other
275

 
60

 
50

 
120

 
100

 
605

Total
$
3,100

 
$
1,185

 
$
305

 
$
375

 
$
390

 
$
5,355

Corporate and Other(f)
$
510

 
$
1,200

 
$
695

 
$
455

 
$
145

 
$
3,005

______________________
(a)
Includes AFUDC of approximately $54 million and $17 million for 2015 and 2016, respectively.
(b)
Includes land, generating structures, transmission interconnection and integration and licensing.
(c)
Consists of projects that have received FPSC approval or applicable internal approvals. 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 $800 million to $1.1 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 and solar projects and related transmission totaling approximately 1,760 MW and gas infrastructure investments that have received applicable internal approvals. Excludes new wind and solar projects in advanced development requiring internal approvals.
(f)
Includes capital expenditures totaling approximately $2.5 billion for construction of three natural gas pipelines that have received applicable internal approvals, including $2.0 billion of equity contributions associated with equity investments in joint ventures for two pipelines and $515 million, which includes AFUDC of approximately $3 million, $17 million, and $11 million for 2015 through 2017, respectively, associated with the third pipeline. The natural gas pipelines are subject to certain conditions, including FERC approval. See Contracts below.

Required Capacity and/or Minimum Payments
The required capacity and/or minimum payments under the contracts discussed above as of December 31, 2014 were estimated as follows:
 
2015
 
2016
 
2017
 
2018
 
2019
 
Thereafter
 
(millions)
FPL:
 
 
 
 
 
 
 
 
 
 
 
Capacity charges:(a)
 
 
 
 
 
 
 
 
 
 
 
Qualifying facilities
$
290

 
$
250

 
$
255

 
$
260

 
$
265

 
$
1,700

JEA and Southern subsidiaries
$
195

 
$
70

 
$
50

 
$
10

 
$

 
$

Minimum charges, at projected prices:(b)
 
 
 
 
 
 
 
 
 
 
 
Natural gas, including transportation and storage(c)
$
1,175

 
$
760

 
$
750

 
$
830

 
$
830

 
$
13,780

Coal, including transportation
$
115

 
$
50

 
$
35

 
$

 
$

 
$

NEER
$
1,770

 
$
860

 
$
140

 
$
135

 
$
85

 
$
390

Corporate and Other(d)(e)
$
370

 
$
880

 
$
445

 
$
385

 
$
70

 
$
40

______________________
(a)
Capacity charges under these contracts, substantially all of which are recoverable through the capacity clause, totaled approximately $485 million, $487 million and $523 million for the years ended December 31, 2014, 2013 and 2012, respectively. Energy charges under these contracts, which are recoverable through the fuel clause, totaled approximately $299 million, $263 million and $276 million for the years ended December 31, 2014, 2013 and 2012, respectively.
(b)
Recoverable through the fuel clause.
(c)
Includes approximately $200 million, $295 million, $290 million and $8,245 million in 2017, 2018, 2019 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 $555 million, in 2015, of joint obligations of NEECH and NEER which are included in the NEER amounts above.