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Nuclear Plant (Tables)
12 Months Ended
Dec. 31, 2011
Nuclear Plant [Abstract]  
Changes in nuclear decommissioning trust fund
      
December 31
2011
2010
Decommissioning Trust
(millions)
Beginning balance January 1
$129.2 $112.5 
Contributions
 3.4  3.7 
Earned income, net of fees
 4.8  2.0 
Net realized gains
 0.3  6.7 
Net unrealized gains (losses)
 (2.4) 4.3 
Ending balance
$135.3 $129.2 
       
Detail of assets held in nuclear decommissioning trust fund
                   
 
December 31
 
2011
 
2010
 
Cost
Unrealized
Unrealized
Fair
 
Cost
Unrealized
Unrealized
Fair
 
Basis
Gains
Losses
Value
 
Basis
Gains
Losses
Value
 
(millions)
Equity securities
$76.5 $12.3 $(4.5)$84.3  $73.4 $13.1 $(1.0)$85.5 
Debt securities
 44.2  4.5  (0.1) 48.6   38.1  2.6  (0.1) 40.6 
Other
 2.4  -  -  2.4   3.1  -  -  3.1 
Total
$123.1 $16.8 $(4.6)$135.3  $114.6 $15.7 $(1.1)$129.2 
                          
Gains and losses from the sale of securities by the nuclear decommissioning trust fund
        
 
2011
2010
2009
 
(millions)
Realized gains
$1.0 $7.3 $2.8 
Realized losses
 (0.7) (0.6) (8.3)
          
Nuclear Plant Decommissioning Costs
        
   
Total
KCP&L's
   
Station
47% Share
   
(millions)
Current cost of decommissioning (in 2011 dollars)
$630 $296 
Future cost of decommissioning (in 2045-2053 dollars) (a)
 2,455  1,154 
          
Annual escalation factor
3.73%
Annual return on trust assets (b)
6.89%
(a)
Total future cost over an eight year decommissioning period.
    
(b)
The 6.89% rate of return is through 2025. The rate then systematically decreases
 
 
through 2053 to 1.81% based on the assumption that the fund's investment mix
 
 
will become increasingly more conservative as the decommissioning period
 
 
approaches.