APS 2015 Annual Report Download - page 131

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Table of Contents
9. Jointly-Owned Facilities
APS shares ownership of some of its generating and transmission facilities with other companies. We are responsible for our
share of operating costs which are included in the corresponding operating expenses on our consolidated statement of income. We are
also responsible for providing our own financing. Our share of operating expenses and utility plant costs related to these facilities is
accounted for using proportional consolidation. The following table shows APS’s interests in those jointly-owned facilities recorded on
the Consolidated Balance Sheets at December 31, 2015 (dollars in thousands):
Percent
Owned
Plant in
Service
Accumulated
Depreciation
Construction
Work in
Progress
Generating facilities:
Palo Verde Units 1 and 3
29.1%
$ 1,744,137
$ 1,067,376
$ 22,228
Palo Verde Unit 2 (a)
16.8%
583,633
356,767
4,142
Palo Verde Common
28.0%
(b)
643,201
231,609
64,069
Palo Verde Sale Leaseback
(a)
351,050
233,665
—
Four Corners Generating Station
63.0%
857,555
577,321
77,317
Navajo Generating Station Units 1, 2 and 3
14.0%
274,640
168,132
4,460
Cholla common facilities (c)
63.3%
(b)
158,623
53,777
1,390
Transmission facilities:
ANPP 500kV System
33.4%
(b)
109,348
36,576
1,594
Navajo Southern System
22.7%
(b)
62,139
19,361
397
Palo Verde — Yuma 500kV System
19.3%
(b)
14,043
5,226
133
Four Corners Switchyards
49.8%
(b)
38,420
9,833
1,687
Phoenix — Mead System
17.1%
(b)
39,089
13,173
151
Palo Verde — Estrella 500kV System
50.0%
(b)
89,832
18,359
1,008
Morgan — Pinnacle Peak System
64.6%
(b)
129,855
11,087
2,592
Round Valley System
50.0%
(b)
703
286
—
Palo Verde — Morgan System
87.7%
(b)
12
—
133,813
Hassayampa - North Gila System
80.0%
(b)
164,854
1,159
—
Cholla 500 Switchyard
85.7%
(b)
547
15
—
Saguaro 500 Switchyard
75.0%
(b)
773
26
—
(a) See Note 18.
(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.
10. 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 second breach of
contract lawsuit against DOE in the United States Court of Federal Claims ("Court of Federal Claims"). The lawsuit sought to recover
damages incurred due to DOE’s breach of the Contract for Disposal of Spent Nuclear Fuel and/or High Level Radioactive Waste
("Standard Contract") for failing to accept Palo
126