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Regulatory Assets and Liabilities (Tables)
12 Months Ended
Dec. 31, 2022
7. Regulatory Assets and Liabilities  
Regulatory Assets
As at
December 31
December 31
millions of dollars
 
2022
2021
Regulatory assets
Deferred income tax regulatory assets
$
 
1,166
$
 
1,045
Cost recovery clauses
 
707
 
114
Tampa Electric capital cost recovery for early retired assets
 
 
674
 
657
Pension and post-retirement medical plan
 
369
 
291
FAM
 
307
 
145
Storm reserve
 
 
103
-
 
NMGC winter event gas cost recovery
 
69
 
117
Storm restoration
 
35
 
35
Deferrals related to derivative instruments
 
30
 
23
Environmental remediations
 
27
 
27
Stranded cost recovery
 
27
 
26
Other
 
106
 
86
$
 
3,620
$
 
2,566
Current
$
 
602
$
 
253
Long-term
 
3,018
 
2,313
Total regulatory assets
 
$
 
3,620
$
 
2,566
Regulatory liabilities
Accumulated reserve - cost of remova
l
 
895
 
819
Deferred income tax regulatory liabilities
 
877
 
863
Deferrals related to derivative instruments
 
230
 
241
NMGC gas hedge settlements (note 18)
 
162
-
 
Cost recovery clauses
 
 
70
 
35
Self-insurance fund (note 32)
 
30
 
28
Storm reserve
-
 
 
58
Other
 
9
 
11
$
 
2,273
$
 
2,055
Current
$
 
495
$
 
290
Long-term
 
1,778
 
1,765
Total regulatory liabilities
$
 
2,273
$
 
2,055
Regulatory Liabilities
As at
December 31
December 31
millions of dollars
 
2022
2021
Regulatory assets
Deferred income tax regulatory assets
$
 
1,166
$
 
1,045
Cost recovery clauses
 
707
 
114
Tampa Electric capital cost recovery for early retired assets
 
 
674
 
657
Pension and post-retirement medical plan
 
369
 
291
FAM
 
307
 
145
Storm reserve
 
 
103
-
 
NMGC winter event gas cost recovery
 
69
 
117
Storm restoration
 
35
 
35
Deferrals related to derivative instruments
 
30
 
23
Environmental remediations
 
27
 
27
Stranded cost recovery
 
27
 
26
Other
 
106
 
86
$
 
3,620
$
 
2,566
Current
$
 
602
$
 
253
Long-term
 
3,018
 
2,313
Total regulatory assets
 
$
 
3,620
$
 
2,566
Regulatory liabilities
Accumulated reserve - cost of remova
l
 
895
 
819
Deferred income tax regulatory liabilities
 
877
 
863
Deferrals related to derivative instruments
 
230
 
241
NMGC gas hedge settlements (note 18)
 
162
-
 
Cost recovery clauses
 
 
70
 
35
Self-insurance fund (note 32)
 
30
 
28
Storm reserve
-
 
 
58
Other
 
9
 
11
$
 
2,273
$
 
2,055
Current
$
 
495
$
 
290
Long-term
 
1,778
 
1,765
Total regulatory liabilities
$
 
2,273
$
 
2,055