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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Planned Capital Expenditures
At December 31, 2013, estimated capital expenditures for 2014 through 2018 were as follows:

 
2014
 
2015
 
2016
 
2017
 
2018
 
Total
 
(millions)
FPL:
 
 
 
 
 
 
 
 
 
 
 
Generation:(a)
 
 
 
 
 
 
 
 
 
 
 
New(b)(c)
$
730

 
$
255

 
$
80

 
$

 
$

 
$
1,065

Existing
805

 
680

 
610

 
580

 
545

 
3,220

Transmission and distribution
1,370

 
1,200

 
1,125

 
955

 
1,020

 
5,670

Nuclear fuel
140

 
210

 
220

 
225

 
180

 
975

General and other
175

 
155

 
120

 
165

 
160

 
775

Total(d)
$
3,220

 
$
2,500

 
$
2,155

 
$
1,925

 
$
1,905

 
$
11,705

NEER:
 

 
 

 
 

 
 

 
 

 
 

Wind(e)
$
1,660

 
$
75

 
$
5

 
$
5

 
$
15

 
$
1,760

Solar(f)
570

 
740

 
530

 

 

 
1,840

Nuclear(g)
310

 
285

 
300

 
255

 
270

 
1,420

Other(h)
535

 
25

 
75

 
40

 
75

 
750

Total
$
3,075

 
$
1,125

 
$
910

 
$
300

 
$
360

 
$
5,770

Corporate and Other(i)
$
170

 
$
415

 
$
735

 
$
345

 
$
95

 
$
1,760

______________________
(a)
Includes AFUDC of approximately $45 million, $53 million and $28 million for 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 $1.5 billion to $2.5 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 1,390 MW, including approximately 465 MW in Canada, that have received applicable internal approvals.  NEER expects to add new U.S. wind generation of 2,000 MW to 2,500 MW in 2013 through 2015, including 250 MW added in 2013, at a total cost of approximately $3.5 billion to $4.5 billion.
(f)
Consists of capital expenditures for new solar projects and related transmission totaling approximately 765 MW that have received applicable internal approvals, including equity contributions associated with a 50% equity investment in a 550 MW solar project.  Includes approximately $1 billion of total estimated costs associated with the pending acquisition of the development rights for a 250 MW solar project that is expected to close in early 2014, subject to certain conditions precedent, and construction, which is expected to be completed in 2016.  Excludes solar projects requiring internal approvals with generation totaling 40 MW with an estimated cost of approximately $100 million.
(g)
Includes nuclear fuel.
(h)
Consists of capital expenditures that have received applicable internal approvals.
(i)
Includes capital expenditures totaling approximately $1.4 billion for 2014 through 2018 for construction of a natural gas pipeline system that has received applicable internal approvals, including approximately $880 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 $2 million, $8 million, $20 million and $11 million for 2014 through 2017, respectively. 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
The required capacity and/or minimum payments under the contracts discussed above as of December 31, 2013 were estimated as follows:

 
2014
 
2015
 
2016
 
2017
 
2018
 
Thereafter
 
(millions)
FPL:
 
 
 
 
 
 
 
 
 
 
 
Capacity charges:(a)
 
 
 
 
 
 
 
 
 
 
 
Qualifying facilities
$
285

 
$
290

 
$
250

 
$
255

 
$
260

 
$
1,965

JEA and Southern subsidiaries
$
215

 
$
195

 
$
70

 
$
50

 
$
10

 
$

Minimum charges, at projected prices:
 
 
 
 
 
 
 
 
 
 
 
Natural gas, including transportation and storage(b)
$
1,520

 
$
605

 
$
550

 
$
745

 
$
825

 
$
14,510

Coal(b)
$
65

 
$
40

 
$
20

 
$

 
$

 
$

NEER
$
1,220

 
$
145

 
$
170

 
$
100

 
$
105

 
$
490

Corporate and Other(c)(d)
$
90

 
$
220

 
$
460

 
$
180

 
$
20

 
$
55

______________________
(a)
Capacity charges under these contracts, substantially all of which are recoverable through the capacity clause, totaled approximately $487 million, $523 million and $511 million for the years ended December 31, 2013, 2012 and 2011, respectively.  Energy charges under these contracts, which are recoverable through the fuel clause, totaled approximately $263 million, $276 million and $403 million for the years ended December 31, 2013, 2012 and 2011, respectively.
(b)
Recoverable through the fuel clause. Includes approximately $198 million, $294 million and $8,528 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.
(c)
Includes an approximately $52 million commitment to invest in clean power and technology businesses through 2021.
(d)
Excludes approximately $68 million, in 2014, of joint obligations of NEECH and NEER which are included in NEER amounts above.