APS 2013 Annual Report Download - page 127
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Table of Contents
PINNACLE WEST CAPITAL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Percent
Owned
Plant in
Service
Accumulated
Depreciation
Construction
Work in
Progress
Generating facilities:
Palo Verde Units 1 and 3 29.1%$1,701,844 $1,027,523 $22,400
Palo Verde Unit 2 (a) 16.8%543,972 338,918 10,095
Palo Verde Common 28.0% (b) 538,818 219,801 81,599
Palo Verde Sale Leaseback (a) 351,050 225,925 —
Four Corners Units 4, 5 and Common (d) 63.0%809,946 608,194 14,434
Navajo Generating Station Units 1, 2 and 3 14.0%270,448 150,501 2,864
Cholla common facilities (c) 63.3% (b) 148,299 47,851 7,159
Transmission facilities:
ANPP 500kV System 34.2% (b) 98,145 32,350 1,095
Navajo Southern System 22.2% (b) 58,702 16,937 518
Palo Verde — Yuma 500kV System 18.0% (b) 12,115 4,656 11,786
Four Corners Switchyards 48.1% (b) 33,460 9,052 185
Phoenix — Mead System 17.1% (b) 39,758 12,140 —
Palo Verde — Estrella 500kV System 50.0% (b) 89,571 14,883 21
Morgan — Pinnacle Peak System 64.5% (b) 130,132 6,651 1,042
Round Valley System 50.0% (b) 488 268 —
Palo Verde — Morgan System 90.0% (b) — — 36,601
(a) See Note 19.
(b) Weighted-average of interests.
(c) PacifiCorp owns Cholla Unit 4 and APS operates the unit for PacifiCorp. The common facilities at Cholla are jointly-owned.
(d) See Note 3.
11. Commitments and Contingencies
Palo Verde Nuclear Generating Station
Spent Nuclear Fuel and Waste Disposal
On December 19, 2012, APS, acting on behalf of itself and the participant owners of Palo Verde, filed a breach of contract lawsuit against the DOE
in the United States Court of Federal Claims. The lawsuit seeks to recover damages incurred due to DOE’s breach of the Standard Contract for failing to
accept Palo Verde spent nuclear fuel and high level waste from January 1, 2007 through June 30, 2011, as it was required to do pursuant to the terms of the
Standard Contract and the NWPA. This lawsuit is currently pending in the Court of Federal Claims.
APS currently estimates it will incur $122 million over the current life of Palo Verde for its share of the costs related to the on-site interim storage of
spent nuclear fuel. At December 31, 2013,
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