XML 95 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
Risk Management and Derivative Financial Instruments (Details 3) (Electric)
6 Months Ended
Jun. 30, 2013
Dth
Natural Gas Usage - Remainder 2013
 
Volumes and percentage of anticipated volume of natural gas usage  
% Hedged 64.00%
Physical 1,090,000
Financial 2,690,000
Average Price (in dollars per dth) 5.024
Minimum Percentage Hedged for Electric Segment  
End of Year Minimum % Hedged 64.00%
Natural Gas Usage - 2014
 
Volumes and percentage of anticipated volume of natural gas usage  
% Hedged 39.00%
Physical 460,000
Financial 3,540,000
Average Price (in dollars per dth) 4.741
Minimum Percentage Hedged for Electric Segment  
End of Year Minimum % Hedged 39.00%
Natural Gas Usage - 2015
 
Volumes and percentage of anticipated volume of natural gas usage  
% Hedged 31.00%
Financial 3,010,000
Average Price (in dollars per dth) 4.708
Minimum Percentage Hedged for Electric Segment  
End of Year Minimum % Hedged 31.00%
Natural Gas Usage - 2016
 
Volumes and percentage of anticipated volume of natural gas usage  
% Hedged 21.00%
Financial 2,100,000
Average Price (in dollars per dth) 4.415
Minimum Percentage Hedged for Electric Segment  
End of Year Minimum % Hedged 21.00%
Natural Gas Usage - 2017
 
Volumes and percentage of anticipated volume of natural gas usage  
% Hedged 10.00%
Financial 1,050,000
Average Price (in dollars per dth) 4.430
Minimum Percentage Hedged for Electric Segment  
End of Year Minimum % Hedged 10.00%
Current Year Procurement Guidelines
 
Procurement guidelines  
Maximum flexibility to hedge any future year's expected requirements (as a percent) 80.00%
Maximum percentage of volume to be hedged in any given month 100.00%
First Year Procurement Guidelines
 
Volumes and percentage of anticipated volume of natural gas usage  
% Hedged 60.00%
Minimum Percentage Hedged for Electric Segment  
End of Year Minimum % Hedged 60.00%
Second Year Procurement Guidelines
 
Volumes and percentage of anticipated volume of natural gas usage  
% Hedged 40.00%
Minimum Percentage Hedged for Electric Segment  
End of Year Minimum % Hedged 40.00%
Third Year Procurement Guidelines
 
Volumes and percentage of anticipated volume of natural gas usage  
% Hedged 20.00%
Minimum Percentage Hedged for Electric Segment  
End of Year Minimum % Hedged 20.00%
Fourth Year Procurement Guidelines
 
Volumes and percentage of anticipated volume of natural gas usage  
% Hedged 10.00%
Minimum Percentage Hedged for Electric Segment  
End of Year Minimum % Hedged 10.00%
Maximum | Current Year Procurement Guidelines
 
Volumes and percentage of anticipated volume of natural gas usage  
% Hedged 100.00%
Minimum Percentage Hedged for Electric Segment  
End of Year Minimum % Hedged 100.00%