Utility Plant and Nonutility Property	6 Months Ended
Jun. 30, 2019
Utility Plant And Non Utility Property [Abstract]
Utility Plant and Nonutility Property	9. UTILITY PLANT AND NONUTILITY PROPERTY Sale of Warranty Service Contract Assets In May 2019, DESC entered into an agreement to sell certain warranty service contract assets for total consideration of $7 million. DESC expects the transaction to close in the third quarter of 2019 and estimates the transaction to result in a $7 million ($5 million after-tax) gain. Pursuant to the agreement, upon closing DESC expects to enter into a commission agreement with the buyer under which the buyer will compensate DESC in connection with the right to use DESC’s brand in marketing materials and other services over a ten-year term. Jointly Owned Utility Plant DESC jointly owns and is the operator of Summer. Each joint owner provides its own financing and shares the direct expenses and generation output in proportion to its ownership. DESC’s share of the direct expenses in Summer is 66.7%. In May 2019, DESC and Santee Cooper entered into an agreement in which DESC agreed to purchase 11.7% of Santee Cooper’s ownership interest in the NND Project nuclear fuel for $8 million to true up the ownership percentage from the 55% ownership percentage that was applicable for the NND Project to the 66.7% ownership percentage applicable for Summer.

Utility Plant and Nonutility Property

6 Months Ended

Jun. 30, 2019

Utility Plant And Non Utility Property [Abstract]

9. UTILITY PLANT AND NONUTILITY PROPERTY

Sale of Warranty Service Contract Assets

In May 2019, DESC entered into an agreement to sell certain warranty service contract assets for total consideration of $7 million. DESC expects the transaction to close in the third quarter of 2019 and estimates the transaction to result in a $7 million ($5 million after-tax) gain. Pursuant to the agreement, upon closing DESC expects to enter into a commission agreement with the buyer under which the buyer will compensate DESC in connection with the right to use DESC’s brand in marketing materials and other services over a ten-year term.

Jointly Owned Utility Plant

DESC jointly owns and is the operator of Summer. Each joint owner provides its own financing and shares the direct expenses and generation output in proportion to its ownership. DESC’s share of the direct expenses in Summer is 66.7%. In May 2019, DESC and Santee Cooper entered into an agreement in which DESC agreed to purchase 11.7% of Santee Cooper’s ownership interest in the NND Project nuclear fuel for $8 million to true up the ownership percentage from the 55% ownership percentage that was applicable for the NND Project to the 66.7% ownership percentage applicable for Summer.