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VARIABLE INTEREST ENTITIES
12 Months Ended
Dec. 31, 2011
Notes To Consolidated Financial Statements [Abstract]  
Schedule Of Variable Interest Entities Text Block

22.       VARIABLE INTEREST ENTITIES

 

The Company's variable interests outside of the consolidated group are not material and consist of contracts that are required by regulation and provide for regulatory recovery of contract costs and benefits through customer rates. NU holds variable interests in variable interest entities (VIEs) through agreements with certain entities that own single renewable energy or peaking generation power plants and with other independent power producers. NU does not control the activities that are economically significant to these VIEs or provide financial or other support to these VIEs. Therefore, NU does not consolidate any power plant VIEs.