ML091900452

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Duke Energy Carolinas, LLC - Oconee Nuclear Station Units 1,2, and 3; McGuire Nuclear Station Units 1 and 2; Catawba Nuclear Station Units 1 and 2 - Decommisionings Financial Assurance Reports
ML091900452
Person / Time
Site: Oconee, Mcguire, Catawba, McGuire  
Issue date: 03/30/2009
From: Rosalyn Jones
Duke Energy Carolinas, Duke Energy Corp
To:
Document Control Desk, Office of Nuclear Reactor Regulation
Thompson Jon, NRR/DORL/LPL 2-1, 415-1119
References
Download: ML091900452 (17)
v • d • e


Text

RONALD A. JONES A Duke 10CFR 50.75 SVP. Nuclear Operations

("Energy.

!Vuclear GeneralirJn Duke Enerey CrJrprJration 526 South Church St.

March 30. 2009 Charlotte, NC 28202 Mailing Address:

EC07H I PO 80)( 1006 ChiHlotte, NC 2820 I*] 006 U. S. Nuclear Regulatory Commission Attn:

Document Control Desk 704 382 8149

.Washington. DC 20555--0001 704 382 6056 fax rajones@duke-enercy.com SUbject:

Duke Energy Carolinas, LLC Oconee Nuclear Station, Units 1, 2, and 3 Docket Nos. 50-269, 50-270, 50-287 McGuire Nuclear Station, Units 1 and 2 Docket Nos. 50-369, 50-370 Catawba Nuclear Station, Units 1 and 2 Docket Nos. 50-413,50-414 Decommissioning Financ;~1 Assurance Reports Enclosed are the required Decommissioning Financial Assurance reports pursuant to 10 CFR 50.75(f)(1) for Oconee, McGuire, and Catawba Nuclear Stations. The report contains the following information for each nuclear plant:

(1) Amount of decommissioning funds estimated to be required pursuant to 10 CFR 50.75(b) and (e).

(2) Amount accumulated to the end of the calendar year preceding the date of the report.

(3) Schedule of annual amounts remaining to be collected.

(4) Assumptions used regarding rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections.

(5) Contracts upon which the licensee is relying pursuant to paragraph 10 CFR 50.75(e)(1)(v).

(6) Modifications occurring to a licensee's current method of prOViding financial assurance since the last submitted report.

(7) Material changes to trust agreements.

The adjustment factors used in Item 1 for the calculation in 10 CFR 50.75(c)(2) are detennined using the December 2008 indices from the U.S. Department of Labor, Bureau of Labor Statistics for labor, energy, and fuel and NUREG-1307, Revision 13, for burial.

If there are any questions concerning this infonnation, please contact Carl Council at

{704} 382-7387.

No regulatory commitments are included in this correspondence.

Attachments ww", dukr-ener8Y co'"

U. S. Nuclear Regulatory Commission Date Page 2 xc:

L. A. Reyes, Region II Administrator U.S. Nuclear Regulatory Commission Sam Nunn Atlanta Federal Center, 23 T85 61 Forsyth St., SW Atlanta, GA 30303-8931 J. F. Stang, Jr., Senior Project Manager (ONS)

U.S. Nuclear Regulatory Commission 11555 Rockville Pike Mail Stop 0-8 G9A Rockville, MD 20852-2738 J. H. Thompson, Project Manager (CNS & MNS)

U. S. Nuclear Regulatory Commission 11555 Rockville Pike Mail Stop 0-8 G9A Rockville, MD 20852-2738 A. Hutto, III NRC Senior Resident Inspector Oconee Nuclear Station J. 8. Brady NRC Senior Resident Inspector McGuire Nuclear Station A. T. Sabisch NRC Senior Resident Inspector Catawba Nuclear Station S. E. Jenkins, Section Manager Division of Waste Management South Carolina Department of Health and Environmental Control 2600 Bull St.

Columbia, SC 29201 B. O. Hall, Section Chief Division of Environmental Health, Radiation Protection Section North Carolina Department of Environment and Natural Resources 1645 Mail Service Center Raleigh, NC 27699

U. S. Nuclear Regulatory Commission Date Page 3 bxc:

R. L. Gill, Jr. - EC05P Oconee Regulatory Compliance Manager - ON03RC K. L. Ashe - MG01 RC R. D. Hart - CN01 RC J. E. Smith - ON03RC K. L. Crane - MG01 RC

1. K. Pasour - CN01 RC R. K. Nader - EC05Z D. V. Keiser - EC05Z NCMPA-1 PMPA NCEMC ONS Master File - ON02DM (File OS 801.01)

MNS Master File - MG01 OM (File MC 801.01)

CNS Master File - CN04DM (File CN 801.01)

RGC Date File - CN01 RC ELL

NRC Decommissioning Funding Status Report Report Dated as of December 31, 2008 Duke Energy Carolinas, LLC Oconee Nuclear Station 100% Ownership Unit #1 Oconee Unit 1

1. The minimum decommissioning fund estimate, pursuant to 10 CFR 50.75 (b) and (c).

372,088,044

2. The amount accumulated at the end of the calendar year preceding the date oflhe report for items included in 10 CFR 50.75 (b) and (c). (Alternatively, the total amount accumulated at the end of the calendar year preceding the date of the report can be reported here if the cover letter transmitting the report provides the total estimate and indicates what portion of that estimate is Qualified Non Qualified for items not included in 10 CFR 50.75 (b) and (c)).

136,024,295 2,~24,156

3. A schedule of the annual amounts remaining to be collected; Year Qualified Non Qualified for items in 10 CFR 50.75 (b) and (c). (Alternatively, the annual 2009 $

5,862,558 amounts remaining to be collected can include items beyond those 2010 $

5,862,558 required in 10 CFR 50.75 (b) and (c) if the cover letter 2011 $

5,862,558 $

transmitting the report provides a total cost estimale and 2012 $

5.862,558 indicates what portion of that estimate is for items that are not 2013 $

5,862,558 included in 10 CFR 50.75 (b) and (c).

2014 $

5,862,558 2015 $

5,862,558

  • Annual amounts are based on the likelihood that units will be 2016 $

5,862,558 shut down five years prior to the license expiration date.

2017 $

5,862,558 2018 $

5,862,558 $

2019 $

5,862,558 $

2020 $

5,862,558 $

2021 $

5,862,558 2022 $

5,862,558 2023 $

5,862,558 2024 $

5,862,558 2025 $

5,862,558 2026 $

5,862,558 2027 $

5,862,558 2028 $

5,862,558 Total 117,251,160

4. The assumptions used regarding escalation in decommissioning inflation - 4%

cost, rates of earnings on decommissioning funds, and rates of qualified rate of return - 6%

other factors used in funding projections; non-qualified rate of relurn - 5.5%

5. Any contracts upon which the licensee is relying pursuant to 10 CFR 50.75(e)(1)(v).

N/A

6. Any modifications to a licensee's current method providing financial assurance occurring since the last submitted report.

N/A

7. Any material changes to trust agreements.

The trustee in the Duke Energy Corporation's trust agreement was amended from Mellon Bank, N.A., to The Bank of New York Mellon. The change reflects a merger on July 2, 2007, between Mellon Financial Corporation, the parent company of Mellon Bank, N.A., and the Bank or New York Company, to form a new holding company, The Bank of New York Mellon Corporation.

NRC Decommissioning Funding Stalus Report Report Dated as of December 31. 2008 Duke Energy Carolinas, LlC Oconee Nuclear Station 100% Ownership Unit #2 Oconee Unit2

1. The minimum decommissioning fund estimate, pursuant to 10 CFR 50.75 (b) and (c).

372.088,044

2. The amount accumulated at the end of the calendar year preceding the date of the report for items Included in 10 CFR 50.75 (b) and (c). (Alternatively, the total amount accumulated at the end of the calendar year preceding the date of the report can be reported here if the cover letter transmitting the report provides the total estimate and indicates what portion of that estimate is Qualified Non Qualified for items not Included in 10 CFR 50.75 (b) and (c>>.

142.670.233 2,933,474

3. A schedule of the annual amounts remaining to be collected; Year Qualified Non Qualified for items in 10 CFR 50.75 (b) and (c). (Alternatively, the annual 2009 $

5,305,814 amounts remaining to be collected can include items beyond those 2010 $

5,305.814 required in 10 CFR 50.75 (b) and (c) if the cover letter 2011 $

5,305.814 transmitting the report provides a total cost estimate and 2012 $

5,305,814 indicates what portion of that estimate is for items that are not 2013 $

5,305,814 included in 10 CFR 50.75 (b) and (c).

2014 $

5.305,814 2015 $

5,305,814

  • Annual amounts are based on the likelihood that units will be 2016 $

5.305.814 shut down five years prior to the license expiration date.

2017 $

5,305.814 2018 $

5,305,814 $

2019 $

5,305,814 2020 $

5.305,814 $

2021 $

5,305,814 2022 $

5,305,814 2023 $

5,305.814 2024 $

5,305.814 2025 $

5.305.814 2026 $

5.305,814 2027 $

5.305,814 2028 $

5,305,814 Total 106,116.280

4. The assumptions used regarding escalation in decommissioning inflation - 4%

cost. rates of earnings on decommissioning funds. and rates of Qualified rate of retum - 6%

other factors used in funding projections; non-qualified rate of return* 5.5%

5. Any contracts upon which the licensee is relying pursuant to 10 CFR 50.75(e)(1)(v).

N/A

6. Any mOdifications to a licensee's current method providing financial assurance occurring since the last submitted report.

N/A

7. Any material changes to trust agreements.

The trustee in the Duke Energy Corporation's trust agreement was amended from Mellon Bank, N.A., to The Bank of New York Mellon. The change reflects a merger on July 2, 2007, between Mellon Financial Corporation, the parent company of Mellon Bank, NA. and The Bank of New York Company, to form a new holding company, The Bank of New York Mellon Corporation.

NRC Decommissioning Funding Status Report Report Dated as of December 31, 2008 Duke Energy Carolinas, LLC Oconee Nuclear Sialion 100% Ownership Unil#3 Oconee Unil 3

1. The minimum decommissioning fund estimate, pursuant to 10 CFR 50.75 (b) and (c).

372,088.044

2. The amount accumulated al the end of the calendar year preceding the date of the report for items included in 10 CFR 50.75 (b) and (c). (Alternatively, the tOlal amount accumulated althe end of Ihe calendar year preceding the dale or the report can be reported here if the cover leller transmilling the report provides the total estimate and indicates what portion of that estimate is Qualified Non Qualified for items not included in 10 CFR 50.75 (b) and (e)).

195,327,352 3,017,195

3. A schedule or the annual amounts remaining to be collected; Year Qualified Non Qualified for items in 10 CFR 50.75 (b) and (c). (Nternatively, the annual 2009 $

8,146,346 amounts remaining to be collected can include items beyond those 2010 $

8.146,346 required in 10 CFR 50.75 (b) and (c) if Ihe cover letter 2011 $

8,146,346 transmitting the report provides a lolal cost estimale and 2012 $

8,146,346 indicates what portion of that estimate is for items that are nol 2013 $

8,146,346 included in 10 CFR 50.75 (b) and (e).

2014 $

8,146,346 $

2015 $

8,146,346

  • Annual amounts are based on the likelihood that units will be 2016 $

8,146,346 shul down five years prior 10 the license expiration date.

2017 $

8,146,346 2018 $

8,146,346 2019 $

8.146,346 $

2020 $

8,146,346 $

2021 $

8,146.346 $

2022 $

8.146.346 2023 $

8.146,346 $

2024 $

8,146.346 $

2025 $

8,146,346 2026 $

8,146,346 $

2027 $

8,146,346 $

2028 $

8,146,346 $

2029 $

8,146,346 Tolal 171,073,266

4. The assumplions used regarding escalation in decommissioning innalion - 4%

cost, rates of earnings on decommissioning funds, and rales of qualified rate of return - 6%

olher factors used in funding projections; non-qualified rale of return - 5.5%

5. Any contracls upon which the licensee is relying pursuant 10 10 CFR 50.75(e)(1)(v).

N/A

6. Any modifications to a licensee's current method providing financial assurance occurring since the last submitted report.

N/A

7. Any material changes to trust agreements.

The trustee in Ihe Duke Energy Corporation's trust agreemenl was amended from Mellon Bank, NA, to The Bank of New York MeJlon. The change reflects a merger on July 2,2007. between Mellon Financial Corporation. the parent company of Mellon Bank, N.A., and The Bank of New York Company, to form a new holding company, The Bank of New York Mellon Corporation.

NRC Decommissioning FUnding Status Report Report Dated as of December 31, 2008 Duke Energy Carolinas. LlC McGuire Nuclear Station 100% Ownership Unit #1 McGuire Unit 1

1. The minimum decommissioning fund estimate, pursuant to 10 CFR 50.75 (b) and (c).

400.306,200

2. The amount accumulated at the end of the calendar year preCeding the dale of the report for items included in 10 CFR 50.75 (b) and (c). (Alternatively, the total amount accumulated at the end of the calendar year preceding the date of the report can be reported here if the cover leller lTansmilting the report provides the lotal estimate and indicates what portion of thai estimate is Qualified Non Qualified for ilems not included in 10 CFR 50.75 (b) and (c>>.

183,193,107 1,498,811

3. A schedule of the annual amounts remaining to be collected; Year Qualified Non Qualified for items in 10 CFR 50.75 (b) and (c). (Alternatively, the annual 2009 $

7,649,645 amounts remaining to be collected can include items beyond those 2010 S 7,649,645 required in 10 CFR 50.75 (b) and (c) if the cover leller 2011 7,649,645 transmilling the report provides a total cost estimate and 2012 $

7,649,645 indicates what portion of that estimate is for items that are not 2013 $

7,649,645 included in 10 CFR 50.75 (b) and (c).

2014 $

7,649,645 2015 S 7,649,645

  • Annual amounts are based on Ihe likelihood thai units will be 2016 S 7,649,645 shut down five years prior to the license expiralion date.

2017 S 7.649,645 2018 S 7.649,645 2019 $

7,649,645 2020 $

7,649,645 2021 7,649,645 2022 $

7,649.645 2023 $

7,649,645 2024 $

7.649,645 2025 $

7,649,645 2026 $

7,649,645 2027 $

7,649,645 2026 $

7,649,645 2029 $

7.649,645 2030 $

7,649,645 2031 7.649,645 2032 $

7,649,645 2033 $

7,649,645 2034 $

7,649,645 2035 $

7.649,645 S

2036 $

7,649.645 Total 214,190,060

4. The assumptions used regarding escalation in decommissioning inflation* 4%

cosl. rates of earnings on decommissioning funds, and rales of qualified rate of return - 6%

other factors used in funding projections; non-qualified rate of return* 5.5%

5. Any contracts upon which the licensee is relying pursuant to 10 CFR 50.75(e)(1)(v).

N/A

6. Any modifications to a licensee's current method providing financial assurance occurring since the last submitted report.

N/A

7. Any material changes to trust agreements.

The trustee in the Duke Energy Corporation's trust agreement was amended from Mellon Bank, N.A.. to The Bank of New York Mellon. The dlange reflects a merger on july 2.2007, between Mellon Financial Corporation, Ihe parent company of Mellon Bank, NA, and The Bank of New York Company, to form a new holding company, The Bank of New York Mellon Corporation.

NRC Decommissioning FUncling Status Report Report Dated as ot December 31, 2008 Duke Energy Carolinas, LLC McGuire Nuclear Slation 100% Ownership Unit #2 McGuire Unit 2

1. The minimum decommissioning fund estimate.

pursuant to 10 CFR 50.75 (b} and (c}.

400,306,200

2. The amount accumulated at lhe end of the calendar year preceding lhe dale ot lhe report tor items included in 10 CFR 50.75 (b) and (c). (Alternatively. the total amount accumulated at the end 01 the calendar year preceding the date ot the report can be reported here if the cover letter transmitting the report provides the total estimate and indicates what portion of that estimate is Non Qualified

~

for items not included in 10 CFR 50.75 (b} and (c>>).

216.883,390 840,280

3. A schedule of the annual amounts remaining to be collected; Qualified Non Qualified

~

tor items in 10 CFR 50.75 (b) and (c). (Alternatively, the annual 2009 $

10.150,481 amounts remaining to t>e collected can Include items beyond those 2010 $

10,150,481 required in 10 CFR 50.75 (b) and (c) it the cover letter 2011 $

10,150,481 transmitting the report prOVides a total cost estimate and 2012 $

10.150.481 indicates what portion of that estimate is for items that are not 2013 $

10,150.481 included in 10 CFR 50.75 (b) and (c).

2014 $

10.150,481 2015 $

10,150.481

  • Annual amounts are based on the likelihood that units will be 2016 $

10,150,481 shut down five years prior \\0 the license expiration date.

2017 $

10,150,481 2018 $

10,150,481 2019 $

10.150.481 2020 $

10.150.481 2021 $

10,150,481 2022 $

10,150,481 2023 $

10.150,481 2024 $

10,150,481 2025 $

10.150,481 2026 $

10,150,481 2027 S 10,150,481 2028 $

10.150,481 2029 $

10,150,481 2030 $

10,150,481 2031 $

10,150,481 2032 $

10,150.481 2033 $

10.150,481 2034 $

10.150,481 2035 S 10,150,481 2036 $

10,150,481 2037 $

10,150.481 2038 $

10,150,481 Total 304,514,430

4. The assumptions used regarding escalation in decommissioning inflation - 4%

cost. rates of earnings on decommissioning funds. and rates of qualified rate of return - 6%

other factors used in funding projections; non-qualified rate ot return. 5.5%

5. Any contracts upon which the licensee is relying pursuant to 10 CFR 50.75(e)(1)(v).

N/A

6. Any modifications to a licensee's current method providing financial assurance occurring since the last submitted report.

N/A

7. Any material changes to trust agreements.

The trustee in the Duke Energy Corporation's trust agreement was amended from Mellon Bank. N.A.* to The Bank of New York Mellon. The cMnge reflects a merger on July 2. 2007, between Mellon Financial Corporation. the parent rompany of Mellon Bank. N.A.. and The Bank of New York Company, to form a new holding company, The Bank of New York Mellon Corporation.

NRC Decommissioning Funding Status Report Report Dated as of December 31, 2008 Duke Energy Carolinas. LLC Catawba Nuclear Station 19.246% Ownership Unit #1 Catawba Unit 1

1. The minimum decommissioning lund estimate, pursuant to 10 CFR 50.75 (b) and (c).

s 77.042.931

2. The amount aCOJmulated at the end of the calendar year preceding the date of the report lor items included in 10 CFR 50.75 (b) and (c). (Alternatively, the total amount accumulated at the end of the calendar year preceding the date of the report can be reported here if the cover letter transmitting the report provides the total estimate and indicates what portion of that estimate is Qualified Non Qualified for items not included in 10 CFR 50.75 (b) and (cl).

S 28,220,398 S

13,045,624

3. A schedule of the annual amounts remaining to be collected:

Year Qualified Non Qualified for items in 10 CFR 50.75 (b) and (cl. (Alternatively, the annual 2009 S 997,941 S

amounts remaining to be collected can include items beyond those 2010 S 997,941 required in 10 CFR 50.75 (b) and (c) if the cover letter 2011 S 997,941 transmitting the report provides a total cost estimate and 2012 S 997,941 indicates what portion of that estimate is for items that are not 2013 S 997,941 included in 10 CFR 50.75 (bl and (c).

2014 S 997,941 2015 $

997,941

  • Annual amounts are based on the likelihood lhat umts will be 2016 S 997,941 shut down fIVe years prior to the license expiration date.

2017 S 997,941 S

2018 $

997,941 20Hi $

997,941 2020 $

997,941 2021 $

997,941 S

2022 $

997,941 2023 $

997,941 2024 $

997,941 2025 $

997,941 2026 $

997.941 S

2027 $

997,941 2028 $

997,941 2029 $

997,941 2030 $

997,941 2031 $

997,941 2032 $

997,941 2033 $

997,941 2034 $

997.941 S

2035 $

997,941 2036 $

997,941 S

2037 $

997,941 2038 $

997,941 Total 29,938,230

4. The assumptions used regarding escalation in decommissioning innation - 4%

cost, rates of earnings on decommissioning funds, and rates of qualified rate of return - 6%

other factors used in funding projections; non-qualilied rate of return* 5.5%

5. Any contracts upon which the licensee is relying pursuant to 10 CFR 50.75(e)(1)(v).

N/A

6. Any modifICations to a licensee's current method providing financial assurance occurring since the last submitted report.

N/A

7. Any material changes to trust agreements.

The Irustee in the Duke Energy Corporation's trust agreement was amended from Mellon Bank, NA, to The Bank of New York Mellon. The change renects a merger on July 2. 2007, between Mellon Financial Corporatioo, the parent company of Mellon Bank. NA, and The Bank 01 New York Company, to form a new holding company, The Bank of New York Mellon Corporation.

NRC Decommissioning Funding Slatus Report Report Daled as of December 31, 2008 Duke Energy Carolinas, LLC Catawba Nuclear Stalion 19.246% Ownership Unit #2 Catawba Unit 2

1. The minimum decommissioning fund estimate, pursuanlto 10 CFR 50.75 (b) and (c).

77,042,931

2. The amount accumulated at the end of the calendar year preceding the date of the report for Hems included in 10 CFR 50.75 (b) and (c). (Alternatively, the total amount accumulated at the end of lhe calendar year preceding lhe date of the report can be reported here if lhe cover lelter lransmilling lhe report provides the lolal estimate and indicates what portion of that eslimate is Qualified Non Qualified for ilems not included in 10 CFR 50.75 (b) and (c)l.

30,533,336 S

12,549,226

3. A schedule of lhe annual amounts remaining to be collecled:

Year Qualified Non Qualified for items in 10 CFR 50.75 (b) and (c). (Alternatively, the annual 2009 $

1,294,217 S amounts remaining to be collected can include items beyond those 2010 $

1,294,217 required in 10 CFR 50,75 (b) and (c) if the cover leller 2011 $

1,294,217 transmilling ltle report provides a total cosl estimale and 2012 $

1,294,217 indicates what portion of that estimate is for items that are nol 2013 $

1.294,217 induded in 10 CFR 50.75 (b) and (c).

2014 $

1,294,217 2015 $

1,294,217

  • Annual amounts are based on the likelihood ltlat units w~1 be 2016 $

1,294,217 shut down rrve years prior to the license expiration date.

2017 $

1,294,217 S 2018 $

1,294,217 S 2019 $

1,294,217 S 2020 $

1.294.217 S 2021 $

1.294,217 2022 $

1,294.217 2023 $

1,294,217 2024 $

1,294,217 2025 $

1,294,217 2026 $

1,294,217 2027 $

1,294,217 $

2028 $

1,294,217 2029 $

1,294,217 S 2030 $

1,294,217 2031 $

1,294,217 S 2032 $

1,294,217 S 2033 $

1,294,217 2034 $

1,294,217 2035 $

1,294,217 2036 $

1,294.217 2037 $

1,294.217 2038 $

1,294,217 Total 38,826,510

4. The assumptions used regarding escalation in decommissioning inflation* 4%

cost, rates of earnings on decommissioning funds, and rates of qualified rate of return* 6%

other factors used in funding projections:

non..qualified rate of return* 5.5%

5. Any contracts upon which the licensee is relying pursuant to 10 CFR SO.75(e}(1}(v).

N/A

6. Any modifications 10 a licensee's current method providing financial assurance occuning since the last submilled report.

N/A

7. Any material changes to trust agreements.

The trustee in the Duke Energy Corporation's trust agreement was amended from Mellon Bank, N,A., to The Bank of New York Mellon. The change reflects a merger on July 2,2007, between Mellon Financial Corporation, the parent company of Mellon Bank, N.A., and The Bank of New York Company, to form a new holding company, The Bank of New York Mellon Corporation.

NRC Decommissioring F...-.cling Stalll$ Report Report Daled as 01 December 3', 2008 North Carolina Electric Membership Corporation Calawba Nuclear Station 30.754% Ownership Unill#l

,. The minimum decommissioning lund eslimale, pursuanlto 10 CFR 50.75 (b) and leI.

123,110,169 2, The amounl accumulated al the end of the calendar year preceding the dale ot tile report tor items included in 10 CFR 50.75 (b) and (c). (AllernalNely, the lotal amount accumulated althe end of the calendar year preceding the date 01 the report can be reported here if the covet tener trilnsmllting the repet\\ provides the lolal estimate and indicales what portion of that estimate is for items not included in 10 CFR SO. 75 (b) and (c>>.

60.076,188

3. A schedule of the annual amounts remaining 10 be collecled:

for items in 10 CFR 50.75 (b) and (e), (Alternatively, the annual amounts remaining to be coUec.ted can include items beyond those required in 10 CFR 50.75 (b) and (c) it the cover lener lTansmilting the report provides a total cost estimate and indicates what portion 01 that estimate is for itelTl$ that are not included in 10 CFR 50.75 (b) and (c).)

Yw Aa:!llll!!I 2009 1,800,971 2010 S

1.800.971 2011 1.800.971 2012 1.800.971 2013 S

1.800.971 2014 1,800,971 2015 S

1,800,971 2016 1,800,971 2017 1,800,97\\

2018 S

1,800,971 2019 S

1,800,97\\

2020 S

1,800.971 2021 1,800.971 2022 1,800.971 2023 S

1,800,971 2024 S

1,800,971 2025 S

1,800,971 2026 1.800,971 2027 S

1.8oo.97t 2028 S

1,800,971 2029 S

1,800,971 2030 1.800,971 2031 1,800.971 2032 1,800,971 2033 1,800.971 2034 1,800,97t 2035 1,800.971 2036 1.800,971 2037 S

1.800,971 2038 1,800,971 2039 1,800.971 2040 S

1,800.971 2041 1,800,971 2O'l2 1,800,971 2043 S

1.800,971 Total 63,033.985

4. The assumptions used regarding escalation in deOommissioning inflaliQf1 -

2.46 %

cost, rales of eamings on decommissioning funds, and rates 01 rale of retum

  • 4.85 %

other factors used in funding projections:

5. Any contracts upon which the lic8n$Ce is relying pursuant to Not ApPlicable 10 CFR 5O.75(eX1Xv).

6, Any modifications to a licer1$ee 's current method providing No financ;lal assurance occurring since ll'1e Iasl subfnjtted report, 7, Any material changes to If\\l$t agreements.

The trustee in the North Carolina Eleclric Membership Corporation's trust agreement was amended from Wachlrvia Bank and TNS' Company 10 U.S. Bank National A5SOCiation.

NRC Decommissioning Funding Status Report Report Daled as of December 31, 2008 North Carolina Electric Membership Corporation Calawba Nuclear Slatioo 30.754% ONnership UNl1l2

1. The minimum derommissioning IUI1d eslimate, pursuanlto 10 CFR 5C.75 (b) and (c).

123.110.169

2. The amounl accumulated allhe end of the calendar year preceding lhe date of the report lor items inc'ude~ in 10 CFR 50.75 (b) and (e). (Mematively, the IotaI amounl ae<:ul1lulated allhe end 01 lhe calendar year pl"ece~ing the date of lhe report can be reported here if the tover Ieller transmitting the report plovides the 10lai esllmale and indicates w/lal portion of thaI estimate is lor ilema not included in 10 CFR 5C.75 (b) and (c>>.

60.076.188

3. A schedule of the annual amounts remaining to be collected; for items in 10 CFR 50.75 (b) and (c), (Alternatively, lhe annual amounts ~maining to be collected can include items beyond those required in 10 CFR 50.75 (b) and (c) if the toverlelter transmitting the report provides a lolal COSI estimale and Indicales what portion of that estimate is lor ilems that are not included in 10 CFR 50.75 (b) and (c).)

Year Amount 2009 S

1,800.971 2010 S

1,800.971 2011 S

1.800.971 2012 1.800,9'71 2013 S

1.800.971 2014 1.800.971 2015 S

1.800.971 2016 S

1.800.971 2017 S

1.800.971 2018 1.800.971 2019 S

1,800.971 2020 1,800.971 2021 S

1.800.971 2022 S

1.800.971 2023 1,800,971 2024 1,800,971 2025 1.800.971 2026 S

1,800.971 2027 S

1,800.971 2028 S

1,800.971 2029 S

1.800,971 2030 S

1.800.971 2031 S

1.800.971 2032 1,800.971 2033 S

1,800.971 2034 S

1.800.971 2035 S

1.800,971 2036 S

1.800.971 2037 S

1,800,971 2038 S

1.800,971 2039 S

1.800,971 2040 S

1.800.971 2041 S

1.800.971 2042 S

1,800.971 2043 1.800.971 TOlaI S

63.033.985

4. The as:lumplions used regarding escalation in decommissionlnll inflation.

2.46 'Y.

cost rates of earnings on decommissioning funds. and rales of rate of return

  • 4.85 'Y.

other faclors used in funding projeclions:

5. Any contracts upon which the licensee is relymg purSUilntlo Nol Applicable 10CFR 5O.75(eX1Xv).
6. Any modiflcalions 10 a licensee '5 curren! method providing No financial aSliurance occurring slnco the Ill:;l submilled rePQl1.
1. Any malerial Changes 10 lrusl agreements.

The lrv:>lce in the NOf\\h Carolina EIDClric Membership C01POtation's lrv:>18C}reement was amended from Wachovia Bank and Trusl COmpany to U.S. Bank Nallonal Association.

NRC Decommissionil19 Funding Status Report Report Dated as of December 3I, 2008 North Carolina Municipal Power Agency 1 Catawba Nuclear Station 37.5% Ownership Unit 111

1. 1he minimum decommissionil19 fund esllmale, pursuant 10 10 CFR 50.75 (b) and (c).
2. The amount accumulaTed althe end 01 the calendar year preceding the date 01 the report lor ilems induded in 10 CFR 50.75 (b) and (c). (Alternatively, the tolal amounl accumulated at !he end 01 the calendar year preceding the date of the report can be reported here if the cover Ieller transmitting \\he report provides

!he total estimate and indicates wI1at portion of that estimate is for items not included in 10 CFR 50.75 (b) and (c)).

3. A schedule of \\he annual amounts remaining to be collected; for items in 10 CFR 50.75 (b) and (c). (Alternatively, the annual amounts remaining to be collected can include ilems beyond those required in 10 CFR 50.75 (b) and (c) if rhe cover leller ITansmllling the report provides a total cost estimate and indicates whal portion of !hat estimate is lor ilems !hat are not Included In 10 CFR 50.75 (b) and (c).

Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032

  • TOlal 1/ of years to collecl
  • 2032 is lhe last year of the CUlTent Participant Project Power Sales Agreement.
4. The assumptions used regarding escalation in decommissioning cost, rates of earnings on decommissioning funds, and rates of other faclors used in lundlng projections;
5. Any conlracts upon which the licensee is relying pursuanlto 10 CFR 50.75(e)(1)(v).
6. Any modifICations to a licensee's CUrTenl me!hod proWling financial assurance occurring since the last submilled report,
7. Any material changes to trusl agreements.

150,114.825 110,176.997 Amount 437.500 437,500 437,500 437,500 437.500 437.500 437,500 437,500 437,500 437.500 437.500 437.500 437,500 437,500 437.500 437,500 437,500 437,500 437,500 437,500 437,500 437,500 437,500 S

437,500 S

10,SOO,OOO S

24 escalation rate 01 relum None None 4%

6%

The trustee in !he Norlh Carolina Municipal Power Agency's trusl agreement was amended from Wachovia Bank and Trusl Company 10 Stale Slreet Bank and Trust Company.

NRC Decommissioning Funding Status Report Report Daled as of December 31, 2008 North Carolina Municipal Power Agency 1 Catawba Nuclear Station 37.5% Ownership Unil#2

1. The minimum decommissioning lund estimate.

pursuant to 10 CFR SO. 75 (b) and (c).

5 lSO,l14,825

2. The amount accumulated at the end nf the r.alendar year preceding the date of the report for ilems induded in 10 CFR 50.75 (b) and (c). (Alternatively. Ihe total amount accumulated at the end of the calendar year preceding the date of the report can be reported here If the cover letter lransmitting the report provides the tolal estimale and indicates whal portion of thai eSlimate is for items not Induded in 10 CFR 50.75 (b) and (c).

5 105,701,391

3. A schedule of the annual amounts remaining 10 be collected; for items in 10 CFR 50.75 (b) and (c). (Altematively, the annual amounls remaining 10 be collected can Indude Items beyond those required in 10 CFR SO. 75 (b) and (c) if the cover letter transmitting lhe report provides a total cosl estimate and indicates whal portion of that estimate is for ilems thai are not IndUded in 10 CFR SO.75 (b) and (c).

Amount

~ 2009 437,500 2010 5

437.500 2011 5

437.500 2012 S

437,500 2013 437,500 20'4 437,500 2015 437,500 2016 437,500 2017 437,500 2018 437,500 2019 5

437,500 2020 5

437,500 2021 437,500 2022 437,500 2023 5

437,500 2024 437,500 2025 437,500 2026 437.500 2027 437,500 2028 437,500 2029 437,500 2030 437.500 2031 437.500 2032

  • 437.500 Tolal 10,500,000
  1. of years 10 coIlecl S

24

  • 2032 is the last year of the current Participant Project Power Sales Agreement.
4. The assumptions used regarding escalation in decommissioning escalation -

4%

cosl, rates of earnings on decommissioning funds, and rates of rate of return

  • 6%

other factors used in funding projections;

5. Any contracts upon which the licensee is relying pursuant to None 10 CFR 50.75(e}(l}(v).
6. Any modilications 10 a ~censee's aJfTent melhod providing None financial assurance occurring since the last submitted report.
7. Any malerial changes to trust agreements.

The trustee In the North CaroUna Municipal Power Agency's trust agreement was amended from WaChovia Bank and Trusl Company to State Street Bank and Trusl Company.

NRC Decommissioning Funding Status Report Report Daled as of December 31, 2008 Piedmonl MurVcipal Power Agency Catawba Nudear Stalion 12.5'10 Ownership Unit 1#1

1. The minimum decommissioning fund eSlirnate.

pursuanllo 10 CFR 50.75 (b) and (c).

50.038,275

2. The amount accumulated al the end of the calendar year preceding the dale of lhe report for items included in 10 CFR 50.75 (b) and (c). (Alternatively, the lotal amount accumulated at the end of lIle calendar year preceding Ihe dale of the report can be reported here if the cover leller lran~l1ing the report provides the to\\al estimate and indicates what portion of thaI estimale is for items not Included in 10 CFR 50.75 (b) and (cll.

24,865,520 J. A schedule of the annual amounts remaining to be collecled; for items in 10 CFR 50.75 (b) and (e). (Allernatively, the annual amounts remaining 10 be collected \\:an Include ilems beyond those required in 10 CFR 50.75 (b) and (c) if the cover leller transmilling the report provides a tolal cosl estimate and indicates what portion of that eslimate Is for items thaI are not included in 10 CFR 50.75 (b) and (c).

4. The assumplioos used regarding escalation in decommissioning cosl, rales of eamings on decQll1tTljssionJng funds, and rates of other faclors used in funding projeclions;
5. Any contracts upon which the licensee Is relying pursuanllo Amount 2009

$157,249 2010

$157,249 2011

$157,249 2012

$157,249 2013

$157,249 2014

$157,249 2015

$157,249 2016

$157,249 2017

$157,249 2018

$157,249 2019

$157,249 2020

$157,249 2021

$157,249 2022

$157,249 2023

$157,249 2024

$157,249 2025

$157,249 2026

$157,249 2027 5157.249 2028 5157,249 2029

$157,249 2030

$157,249 2031

$157.249 2032 5157,249 2033

$157,249 2034

$12,309,372 2035

$157,249 2036

$157,249 2037

$157,249 2038 5157,249 2039

$157,249 2040

$157,249 2041

$157,249 2042 5t57,249 2043 5157,249

~

Tolal 17,655,838 inflation rate of relum 10 CFR 5O.75(e)(1)(v),

6. Any rnodif1callons to a licensee's current melhod providing No rlflanciat assurance ocoming since the Iasl submilled report.
7. Any matenal changes 10 lrust agreemenlS.

rna trustee in the Piedmont Municipal Power Agency's IruSI agreemenl was amended from Ihe Cilizens and Soolhem National Bank of South Carolina to Deutsche Bank Trust Company Americas.

4.000/.

5.50%

NRC Decommissioning Funding Status Report Report Daled as of December 31, 2008 Piedmont Municipal Power Agency Catawba Nuclear Station 12.5% Ownership Unit #2

1. The minimum decommissioning fund estimate, pursuanlto 10 CFR 50.75 (b) and (c),

50,038,275

2. The amount accumulated at the end 01 the calendar year preceding the date 01 the repon lor items InCluded in 10 CFR 50.75 (b) and (C). (Ahernativety. the 10lal amount accumulated atlhe enu 01 the calendar year preceding the date of the report can be reported h9re if the cover leUer transmitting the report provides the lotal estimate and indicates what portion of that estimate is for items not included in 10 CFR 50.75 (b) and (c>>,

26,458,363

3. A schedule of Ihe annual amounts remaining to be collected; for items in 10 CFR 50.75 (b) and (c). (Anematively, tha annual amounts remaining to be coHected can include items beyond those required in 10 CFR 50.75 (b) and (c) ilthe cover letter transmitting the report provides a total cost estimate and indicates what portion 01 that estimate is lor items that are not included in 10 CFR 50.75 (b) and (c).

Amount 2009

$56,340 2010

$56,340 2011

$56.340 2012

$56,340 2013

$56,340 2014

$56,340 2015

$56,340 2016

$56,340 2017

$56,340 2018

$56,340 201g

$56,340 2020

$56,340 2021

$56,340 2022

$56,340 2023

$56,340 2024

$56,340 2025

$56,340 2026

$56,340 2027

$56,340 2028

$56,340 2029

$56,340 2030

$56,340 2031

$56,340 2032

$56,340 2033

$56,340 2034

$12,208,463 2035

$56,340 2036

$56,340 2037

$56,340 2036

$56,340 2039

$56,340 2040

$56,340 2041

$56,340 2042

$56,340 2043

$56,340

~

Total 14,124,023

4. The assumptions used regarding escalation in decommissioning innation 4.0%

cost, ratas of eamings on decommissioning funds, and rates 01 rate of retum 5.5%

other lactors used in funding proje<:tions;

5. Any contracts upon WhiCh the licensee is relying pursuant to 10 CFR 5O.75(e)(1)(v).

No

6. Any modifICations to a licensees current method providing financiar assurance occumng since the last submitted report.

No

7. Any material changes to trust agreements.

The trustee In the Piedmont Municipal Power Agency's trust agreement was amended from the Citizens and Southern National Bank of South Carolina to DeutsChe Bank Trust Company Americas.

VERIFY HARD COpy AGAINST WEB SITE IMMEDIATELY PRIOR TO EACH USE Nuclear Policy Manual-Volume 2 NSD 227 APPENDIX H. NRC CORRESPONDENCE REVIEW AND CONCURRENCE FORM ADDlicable Site{s)

ONS 181 MNS 181 CNS 18I LNS 0

Decommissioning Financial Assurance Reports Submittal TitJeJSubjed:

Biennial report to NRC required per 10 CFR 5O.75(f)(1)

Background Information:

Scheduled Submittal Date:

PORC Approval Date:

UFSAR Revision? (YIN)

Licensing Lead Name 3130109 Mandatory Submittal Date?(yIN)

NSRB Approval Date:

Y I Commitments Made? (YIN)

NlA N/A I

(Required to satisfy RG 1.70, 10 CFR 50.34 (b) or 10 CFR 50.71 (e}?)

N R. K. Nader Phone 2-0979 I

I N

TECHNICAL TEAM (Attach additional Information as needed){See attached notes for guidance)

Name Signature Nature of Review

. Date Jean LeMaster Originated calculation and Duke submittal numbers Technical lead (Originator)

Catawba Owners Additional Contributors Originated CNS owner submittal numbers Lesa PerKins Checked calculation and Duke/CNS submittal numbers Checker Checked calculation and Duke/CNS submittal numbers Debbie Keiser Checker Carl Council Technical Manager Technical Sponsor (Optional)

Terry Dimmery v

V 0

REGULATORY TEAM (Attach additional Information as needed)(See attached notes for guidance)

Licensing Lead Licensing Reviewer RGC Fundion Manager SA Manager Name R. L. Gill, Jr.

K. D. Thomas Signature Nature of Review

. Date Site Vice President (as NlA necessary for multi-site submittals)

OPTIONAL REVIEWS (Attach additional Information as needed)

Name GroupILocation Signature Nature of Review Date ThIs completed form must be presented with the original submittal for slgnature. The form may be filled in with refefence to emailed information in place of actual signatures and required infonnation so Ic)ng as the emai1ed infonnation is maIntained with the copy of this fonn as required by Section 227.9.10.

REVISION 5 45 VERIFY HARD COpy AGAINST WEB SITE IMMEDlATELY PRIOR TO EACH USE

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