XML 39 R42.htm IDEA: XBRL DOCUMENT v2.4.0.6
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2012
Commitments And Contingencies Tables Disclosure [Line Items]  
Energy Commitments [Text Block]
 Net Capacity Power Transmission Rights Purchased Energy   
 Purchases (a)  Purchases (b)  Purchases (c)  from CENG Total 
                          
2012 $ 391   $ 61   $ 26   $ 677   $ 1,155  
2013   360     67     32     583     1,042  
2014   354     34     26     351     765  
2015   351     9     13         373  
2016   265     4     2         271  
Thereafter   668     6     36         710  
                          
Total $ 2,389   $ 181   $ 135   $ 1,611   $ 4,316  

 

(a)       Net capacity purchases include PPAs and other capacity contracts including those that are accounted for as operating leases. Amounts presented in the commitments represent Generation's expected payments under these arrangements at March 31, 2012, net of fixed capacity payments expected to be received by Generation under contracts to resell such acquired capacity to third parties under long-term capacity sale contracts. Expected payments include certain capacity charges which are contingent on plant availability.

(b)       Excludes renewable energy PPA contracts that are contingent in nature.

(c)       Transmission rights purchases include estimated commitments for additional transmission rights that will be required to fulfill firm sales contracts.

Utility Energy Purchase Commitments [Text Block]
    Expiration within
                   2017
 Total  2012 2013 2014 2015 2016 and beyond
                     
ComEd                    
Electric supply procurement (a)$ 1,182 $ 95 $ 367 $ 309 $ 134 $ 137 $ 140
Renewable energy and RECs (b)  1,697   36   71   74   74   81   1,361
PECO                    
Electric supply procurement (c)  1,208   675   416   93   24   -   -
AECs  39   7   11   9   2   2   8
Curtailment services  12   12   -   -   -   -   -
BGE                    
Electric supply procurement (d)  1,299   646   544   109   -   -   -
Curtailment services  144   31   49   46   18   -   -

 

(a)       ComEd entered into various contracts for the procurement of electricity that expire between 2012 and 2017. ComEd is permitted to recover its electric supply procurement costs from retail customers with no mark-up. See Note 4 - Regulatory Matters for additional information.

(b)       ComEd entered into various contracts for the procurement of renewable energy and RECs that expire between 2012 and 2032. ComEd is permitted to recover its renewable energy and REC costs from retail customers with no mark-up. See Note 4 - Regulatory Matters for additional information.

(c)       PECO entered into various contracts for the procurement of electric supply to serve its default service customers that expire between 2012 and 2015. PECO is permitted to recover its electric supply procurement costs from default service customers with no mark-up in accordance with its PAPUC-approved DSP Program. See Note 4 - Regulatory Matters for additional information.

(d)       BGE entered into various contracts for the procurement of electricity that expire between 2012 and 2014. The cost of power under these contracts is recoverable under MDPSC approved fuel clauses. See Note 4 - Regulatory Matters for additional information.

 

Fuel Purchase Commitments [Text Block]
    Expiration within
                   2017
 Total  2012 2013 2014 2015 2016 and beyond
                     
Generation$ 8,343 $ 975 $ 1,076 $ 1,097 $ 1,129 $ 732 $ 3,334
PECO  494   137   97   78   55   34   93
BGE  656   85   84   70   52   51   314

    Expiration within
                   2017
 Total  2012 2013 2014 2015 2016 and beyond
                     
Exelon$ 1,043 $ 525 $ 167 $ 127 $ 87 $ 25 $ 112
Generation  597   308   99   90   67   5   28
ComEd  90   85   5        
PECO  105   60   18   17   1   1   8
BGE  18   7   11        
Commercial Commitments [Text Block]
    Exelon  Generation  ComEd  PECO  BGE 
                  
Letters of credit (non-debt) (a) $2,623 $1,381 $23 $21 $1 
Guarantees  10,696(b) 1,448(c) 209(d) 181(e) 253(f)
Nuclear insurance premiums  2,098  2,098  0  0  0 
                  
Total commercial commitments $15,417 $4,927 $232 $202 $254 
Accrued environmental liabilities [Text Block]
 March 31, 2012Total Environmental Investigation and Remediation Reserve  Portion of Total Related to MGP Investigation and Remediation  
 Exelon$223 $163 
 Generation 51  0 
 ComEd 123  116 
 PECO 49  46 
 December 31, 2011Total Environmental Investigation and Remediation Reserve  Portion of Total Related to MGP Investigation and Remediation  
 Exelon$224 $168 
 Generation 47  0 
 ComEd 127  121 
 PECO 50  47