L-10-016, Submittal of 2010 Internal Cash Flow Projection Premium Guarantee

From kanterella
Jump to navigation Jump to search
Submittal of 2010 Internal Cash Flow Projection Premium Guarantee
ML100830183
Person / Time
Site: Beaver Valley, Davis Besse, Perry
Issue date: 03/15/2010
From: Halnon G
FirstEnergy Nuclear Operating Co
To:
Document Control Desk, Office of Nuclear Reactor Regulation
References
L-10-016
Download: ML100830183 (4)


Text

FENOC FirstEnergy Nuclear Operating Company 76 South Main Street Akron, Ohio 44308 March 15, 2010 L-10-016 10 CFR 140.21 ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555-0001

SUBJECT:

Beaver Valley Power Station, Unit Nos. 1 and 2 Docket No. 50-334, License No. DPR-66 Docket No. 50-412, License No. NPF-73 Davis-Besse Nuclear Power Station, Unit No. 1 Docket No. 50-346, License No. NPF-3 Perry Nuclear Power Plant, Unit No. 1 Docket No. 50-440, License No. NPF-58 Retrospective Premium Guarantee In accordance with 10 CFR 140.21, FirstEnergy Nuclear Operating Company (FENOC) hereby submits to the Nuclear Regulatory Commission (NRC) a 2010 Internal Cash Flow Projection certified by the Assistant Treasurer for the FirstEnergy Corp. The enclosed document provides evidence of FENOC's guarantee of retrospective premiums that may be served against the Beaver Valley Power Station, Unit Nos. 1 and 2, the Davis-Besse Nuclear Power Station, Unit No. 1, and the Perry Nuclear Power Plant, Unit No. 1, reactor licenses.

There are no regulatory commitments contained in this letter. If there are any questions or if additional information is required, please contact Mr. Thomas A. Lentz, Manager -

Fleet Licensing, at (330) 761-6071.

Director, Fleet Regulatory Affairs pao&

Beaver Valley Power Station, Unit Nos. 1 and 2 Davis-Besse Nuclear Power Station, Unit No. 1 Perry Nuclear Power Plant, Unit No. 1 L-10-016 Page 2

Enclosure:

2010 Internal Cash Flow Projection for Davis-Besse Unit No. 1, Perry Unit No. 1, and Beaver Valley Unit Nos. 1 and 2 Nuclear Power Plants cc: NRC Region I Administrator NRC Region III Administrator NRC Resident Inspector (Beaver Valley)

NRC Resident Inspector (Davis-Besse)

NRC Resident inspector (Perry)

Nuclear Reactor Regulation Project Manager (Beaver Valley)

Nuclear Reactor Regulation Project Manager (Davis-Besse)

Nuclear Reactor Regulation Project Manager (Perry)

Director, Bureau of Radiation Protection/Department of Environmental Protection (BRP/DEP)

Site BRP/DEP Representative Utility Radiological Safety Board

Enclosure L-10-016 2010 Internal Cash Flow Projection for Davis-Besse Unit No. 1, Perry Unit No. 1, and Beaver Valley Unit Nos. 1 and 2 Nuclear Power Plants (1 page follows)

FIRSTENERGY CORP.

2010 INTERNAL CASH FLOW PROJECTION FOR DAVIS-BESSE UNIT NO. 1, PERRY UNIT NO. 1, AND BEAVER VALLEY UNIT NOS. 1 AND 2 NUCLEAR POWER PLANTS (Dollars in Thousands) 2010 Projected Cash Flows:

Retained Earnings, Depreciation and Amortization Deferred Income Taxes and Investment Tax Credits Allowance for Funds Used During Construction and Carrying Charges l)eferred Operating Expenses

$2,274,000 2,000 (170,000)

(151,000)

Net Cash Flows Internal Cash Flow

$1,955,000

$488,750 Average Quarterly Cash Flow Percentage Ownership in Units:

Davis-Besse Unit No. I Perry Unil No. I Beaver Valley Unit No. 2 Beaver Valley Unit No. I 100.00%

100.00%

100.00%

100.00%

Maximum Total Contingent Liability

$70,000 CERTIFICATION I, Randy Scilla, Assistant Treasurer of FirstEnergy Corp., hereby certify that the foregoing Internal Cash Flow Projection lfor calendar year 2010 is derived from reasonable assumptions and is a reasonable estimate.

Y1

/0 Date R a Sc i l l a

\\'(rp~ltrcasuryx'Vltcasuryv-(_0\\Stlt, "lRS\\Financiai SStUdies\\JMM\\NRC Filing - March 2010\\NRC Filing-IO - Cash Flow pnojcction.ltIdc