XML 60 R48.htm IDEA: XBRL DOCUMENT v3.3.1.900
Commitments and Guarantees (Tables)
12 Months Ended
Dec. 31, 2015
Long-term Purchase Commitment [Line Items]  
Unrecorded Unconditional Purchase Obligations Disclosure [Table Text Block]
As of December 31, 2015, PGE’s estimated future minimum payments pursuant to purchase obligations for the following five years and thereafter are as follows (in millions):
 
 
Payments Due
 
2016
 
2017
 
2018
 
2019
 
2020
 
Thereafter
 
Total
Capital and other purchase commitments
$
85

 
$
2

 
$
2

 
$
2

 
$
9

 
$
27

 
$
127

Purchased power and fuel:
 
 
 
 
 
 
 
 
 
 
 
 
 
Electricity purchases
226

 
204

 
147

 
150

 
190

 
852

 
1,769

Capacity contracts
26

 
6

 
6

 
5

 
4

 
16

 
63

Public utility districts
6

 
5

 
5

 
1

 
1

 
12

 
30

Natural gas
67

 
41

 
38

 
37

 
32

 
221

 
436

Coal and transportation
14

 
11

 
5

 
5

 

 

 
35

Operating leases
10

 
10

 
9

 
7

 
6

 
180

 
222

Total
$
434

 
$
279

 
$
212

 
$
207

 
$
242

 
$
1,308

 
$
2,682

Schedule of Long-term Contracts for Purchase of Electric Power [Table Text Block]
PGE has long-term power purchase agreements with certain public utility districts in the state of Washington and with the City of Portland, Oregon. Under the agreements, the Company is required to pay its proportionate share of the operating and debt service costs of the hydroelectric projects whether or not they are operable. The future minimum payments for the public utility districts in the preceding table reflect the principal payment only and do not include interest, operation, or maintenance expenses. Selected information regarding these projects is summarized as follows (dollars in millions):
 
 
Revenue Bonds as of December 31, 2015
 
PGE’s Share as of December 31, 2015
 
Contract
Expiration
 
PGE Cost,
including Debt Service
 
Output
 
Capacity
 
 
2015
 
2014
 
2013
 
 
 
 
 
(in MW)
 
 
 
 
 
 
 
 
Priest Rapids and Wanapum
$
1,191

 
8.6
%
 
163

 
2052
 
$
18

 
$
14

 
$
14

Wells
207

 
19.4

 
150

 
2018
 
10

 
10

 
10

Portland Hydro
2

 
100.0

 
36

 
2017
 
2

 
4

 
4