ML111600210

Exhibit D (Part 1): Excerpt from the Millstone License Transfer Application Part 2, August 31, 2000

ML111600210
Person / Time
Site:	Millstone
Issue date:	06/13/2011
From:	Dominion Resources
To:	Office of Nuclear Reactor Regulation
Fredrichs, T L, NRR/DPR, 415-5971
Shared Package
ML111600168	List: L-05-080, Exhibit D (Part 4): Excerpt from the Beaver Valley and Perry 2005 License Transfer Application ML111600210 ML111600216 ML111600220
References
Download: ML111600210 (2)

Text

from ML003747539 Millstone License Transfer Application Part 2, August 31, 2000 pages 309 - 310 of pdf file EXHIBIT L Unit 1 permanently Decommissioning Funding Worksheet for Unit 1 shutdown in 1998, 28 years premature MILLSTONE UNIT 1 Balances at Transaction Closing Unit 1 Qualified Fund Balance as of 4/01/2001 $263,177,000 Unit 1 Non-Qualified Fund Balance as of 4/01/2001 $5,111,000 Unit 1 Guarantee Amount $25,423,666 Total Fund Balances at Closing $293,711,666 Millstone Unit 1 Decommissioning Expenditures

$700,580,827 TLG Site-specific area-by-area decommissioning cost estimate in 1999 Includes costs to store spent fuel and to restore site to greenfield condition.

$126,100,000 Expenditures made to bring Unit 1 to "Cold and Dark" SAFSTOR condition

$70,000,000 Avoided expenditures for Independent Spent Fuel Storage Facility

$504,480,827 Estimated Decommissioning Cost ("Cold and Dark")

$2,947,285 Annual monitoring cost during SAFSTOR (2000 $)

4.50% Inflation rate 6.50% After Tax Earnings Year Beginning of Year Earnings (1) Unit 1 Expenditures End of Year Balance Balance 2001 $293,711,666 $14,318,444 $2,309,935 $305,720,175 2002 $305,720,175 $19,871,811 $3,218,509 $322,373,477 2003 $322,373,477 $20,954,276 $3,363,342 $339,964,411 2004 $339,964,411 $22,097,687 $3,514,692 $358,547,406 2005 $358,547,406 $23,305,581 $3,672,853 $378,180,134 2006 $378,180,134 $24,581,709 $3,838,132 $398,923,711 2007 $398,923,711 $25,930,041 $4,010,848 $420,842,904 2008 $420,842,904 $27,354,789 $4,191,336 $444,006,357 2009 $444,006,357 $28,860,413 $4,379,946 $468,486,825 2010 $468,486,825 $30,451,644 $4,577,043 $494,361,425 2011 $494,361,425 $32,133,493 $4,783,010 $521,711,907 2012 $521,711,907 $33,911,274 $4,998,246 $550,624,935 2013 $550,624,935 $35,790,621 $5,223,167 $581,192,389 2014 $581,192,389 $37,777,505 $5,458,209 $613,511,685 2015 $613,511,685 $39,878,260 $5,703,829 $647,686,115 2016 $647,686,115 $42,099,597 $5,960,501 $683,825,212 2017 $683,825,212 $44,448,639 $6,228,724 $722,045,127 2018 $722,045,127 $46,932,933 $6,509,016 $762,469,043 2019 $762,469,043 $49,560,488 $6,801,922 $805,227,609 2020 $805,227,609 $52,339,795 $7,108,009 $850,459,395 2021 $850,459,395 $55,279,861 $7,427,869 $898,311,387 2022 $898,311,387 $58,390,240 $7,762,123 $948,939,504 2023 $948,939,504 $61,681,068 $8,111,419 $1,002,509,153 2024 $1,002,509,153 $65,163,095 $8,476,432 $1,059,195,816 2025 $1,059,195,816 $68,847,728 $8,857,872 $1,119,185,672 2026 $1,119,185,672 $72,747,069 $9,256,476 $1,182,676,264 2027 $1,182,676,264 $76,873,957 $9,673,018 $1,249,877,204 2028 $1,249,877,204 $81,242,018 $10,108,303 $1,321,010,919 2029 $1,321,010,919 $85,865,710 $10,563,177 $1,396,313,452 2030 $1,396,313,452 $90,760,374 $11,038,520 $1,476,035,306

2031 $1,476,035,306 $95,942,295 $11,535,253 $1,560,442,348 2032 $1,560,442,348 $101,428,753 $12,054,340 $1,649,816,761 2033 $1,649,816,761 $107,238,089 $12,596,785 $1,744,458,065 2034 $1,744,458,065 $113,389,774 $13,163,640 $1,844,684,199 2035 $1,844,684,199 $119,904,473 $13,756,004 $1,950,832,668 2036 $1,950,832,668 $126,804,123 $14,375,024 $2,063,261,767 2037 $2,063,261,767 $134,112,015 $15,021,900 $2,182,351,881 2038 $2,182,351,881 $141,852,872 $15,697,886 $2,308,506,867 2039 $2,308,506,867 $150,052,946 $16,404,291 $2,442,155,523 2040 $2,442,155,523 $158,740,109 $17,142,484 $2,583,753,148 2041 $2,583,753,148 $167,943,955 $17,913,896 $2,733,783,207 2042 $2,733,783,207 $177,695,908 $18,720,021 $2,892,759,094 2043 $2,892,759,094 $188,029,341 $19,562,422 $3,061,226,013 2044 $3,061,226,013 $198,979,691 $20,442,731 $3,239,762,973 2045 $3,239,762,973 $210,584,593 $21,362,654 $3,428,984,912 2046 $3,428,984,912 $222,884,019 $22,323,973 $3,629,544,958 2047 $3,629,544,958 $235,920,422 $23,328,552 $3,842,136,829 2048 $3,842,136,829 $249,738,894 $24,378,337 $4,067,497,385 2049 $4,067,497,385 $264,387,330 $25,475,362 $4,306,409,353 2050 $4,306,409,353 $279,916,608 $952,369,490 $3,633,956,472 2051 $3,633,956,472 $236,207,171 $995,226,117 $2,874,937,526 2052 $2,874,937,526 $186,870,939 $1,040,011,292 $2,021,797,173 2053 $2,021,797,173 $131,416,816 $1,086,811,800 $1,066,402,189 2054 $1,066,402,189 $69,316,142 $1,135,718,331 $0

( Year 2001 pro rata earnings for 9 month period.

L-2