XML 61 R45.htm IDEA: XBRL DOCUMENT v3.24.0.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Unrecorded Unconditional Purchase Obligations Disclosure

The following table presents the Registrants' future purchase obligations and commitments estimated for the next five years.

(In millions)

 

2024

 

 

2025

 

 

2026

 

 

2027

 

 

2028

 

 

Total

 

Purchase obligations and commitments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Minimum purchase commitments

 

$

118.4

 

 

$

100.5

 

 

$

69.7

 

 

$

56.9

 

 

$

46.6

 

 

$

392.1

 

Estimated wind power purchase commitments

 

 

56.6

 

 

 

56.9

 

 

 

57.3

 

 

 

57.8

 

 

 

58.4

 

 

 

287.0

 

Capacity commitments

 

 

32.4

 

 

 

33.0

 

 

 

40.2

 

 

 

41.4

 

 

 

 

 

 

147.0

 

Long-term service agreement commitments

 

 

14.8

 

 

 

16.6

 

 

 

16.6

 

 

 

9.9

 

 

 

3.0

 

 

 

60.9

 

Generation capacity construction commitments

 

 

126.5

 

 

 

137.8

 

 

 

38.3

 

 

 

 

 

 

 

 

 

302.6

 

Total purchase obligations and commitments

 

$

348.7

 

 

$

344.8

 

 

$

222.1

 

 

$

166.0

 

 

$

108.0

 

 

$

1,189.6

 

Schedule of Wind Purchased Power

The following table presents OG&E's wind purchased power contracts.

Company

Location

Original Term of
Contract

Expiration of
Contract

MWs

 

CPV Keenan

Woodward County, OK

20 years

2030

 

152.0

 

Edison Mission Energy

Dewey County, OK

20 years

2031

 

130.0

 

NextEra Energy

Blackwell, OK

20 years

2032

 

60.0

 

 

The following table presents a summary of OG&E's wind power purchases for the years ended December 31, 2023, 2022 and 2021.

Year Ended December 31 (In millions)

 

2023

 

 

2022

 

 

2021

 

CPV Keenan

 

$

23.0

 

 

$

25.8

 

 

$

27.3

 

Edison Mission Energy

 

 

20.5

 

 

 

24.9

 

 

 

21.7

 

NextEra Energy

 

 

5.3

 

 

 

7.3

 

 

 

6.8

 

Total wind power purchased

 

$

48.8

 

 

$

58.0

 

 

$

55.8