FPL Group, Inc. & Subsidiaries - Page 179

                                                - 64 -                                                  
            No. 148 Rev. 6 decreased the amount budgeted to $216 million.  BI                           
            No. 148 Rev. 7, approved in late 1988, again decreased the amount                           
            budgeted to the SJRPP project to $204 million.  Finally, BI No.                             
            148 Rev. 8 increased the amount budgeted to $207 million in late                            
            1989.                                                                                       
                  A 1986 BI No. 149 Rev. 4, approved in late 1985, authorized                           
            $166,453,000 to participate in the construction of Unit 2.  BI                              
            No. 149 Rev. 5 decreased the amount budgeted to this project to                             
            $148 million.  BI No. 149 Rev. 6 decreased the amount budgeted to                           
            $124 million.  BI No. 149 Rev. 7 again reduced the amount                                   
            budgeted to $121 million.                                                                   
                  ER No. 5736, approved in late 1982/early 1983, authorized                             
            the expenditure of $228,116,000 for the SJRPP Unit 1 “To                                    
            participate with * * * [the JEA] in the joint construction of the                           
            first of two coal-fired steam generating units.”  The estimated                             
            date of completion of construction, startup, and initial                                    
            operation of the plant was April 1, 1987.  The amount authorized                            
            was decreased to $214,535,000 in late 1986/early 1987.  In late                             
            1987/early 1988, the amount authorized was decreased again to                               
            $202,637,000.  The revision stated that the unit was operational                            
            at the time of the revision.  On June 30, 1988, ER No. 5736 was                             
            closed “To meet both regulatory and corporate accounting                                    
            requirements”.  The amount authorized in that revision was                                  
            apparently again decreased to $179,979,000.  In late 1988/early                             






Page:  Previous  54  55  56  57  58  59  60  61  62  63  64  65  66  67  68  69  70  71  72  73  Next

Last modified: May 25, 2011