ML112360126
| ML112360126 | |
| Person / Time | |
|---|---|
| Site: | Farley  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112360126 (5) | |
Text
Datasheet 1 Signature: Shawn Harwell Date: 7/26/2011 Signature: Jo Ann Simpson Date: 07/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
100.00%
1 3
4 7.00%
4.50%
2.50%
N Y
Y N
Y 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 Y1 Any material changes to trust agreements? (Y/N)
If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below)
N Post-RAI Rates Determined (Y/N)
Total Trust Fund Balance N
Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)
Any contracts upon which the licensee is relying? (Y/N)
Schedule of the annual amounts remaining to be collected: (provided/none)
Rate of Return on Earnings Allowed through Decom (Y/N)
Rate(s) of Other Factors Y
$435,256,000 The total amount of dollars accumulated at the end of the appropriate year: (see below)
Alabama Power Company Licensee:
$281,923,125 Amount in Trust Fund:
$281,923,125 Real Rate of Return PUC Verified (Y/N) 1 Executed Investment Management Agreement with Goldman Sachs, Fisher Investments, and Northern Trust in the Small/ Mid Asset Class for the Qualified Master Nuclear Decommissioning Trust.
Plant name:
Farley (Joseph M.) Nuclear Plant, Unit 1 50-348 RAI Needed (Y/N)
PUC Verified (Y/N)
Provided Docket Number:
Did the licensee identify the amount of estimated radiological funds? (Y/N)
The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c):
Escalation Rate Allowed through Decom (Y/N)
Datasheet 2 Signature: Shawn Harwell Date: 7/26/2011 Signature: Jo Ann Simpson Date: 07/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 6
PWR 2775
$99,420,000 112.8 1.98 0.65 2.23 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28
% Owned:
Category 100.00%
1 2%
26.48 See Annuity Sheet See Annuity Sheet 2%
7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Farley (Joseph M.) Nuclear Plant, Unit 1 Docket Number:
Date of Operation:
Latest Month Fx
$492,877,987 Years remaining after annuity Px 50-348 25 31 Termination of Operations:
2037 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$442,038,255 NRC Minimum:
$442,038,255 Trust Fund Balance:
Step 1:
Fx Site Specific:
Total Step 2:
27 Years Left in License N/A Real Rate of Return per year Does Licensee Pass:
YES See Total Step 2
$36,641,946 Total Earnings for Decom:
Decom Period:
Total Earnings:
Real Rate of Return per year Latest Month Px Amount of NRC Minimum/Site Specific:
BWR/PWR MWth Alabama Power Company Total Annuity:
Step 3:
$281,923,125 Amount in Trust Fund:
$16,563,402 Total Earnings:
$476,314,585 Real Rate of Return per year Total of Steps 1 thru 3:
See Annuity Sheet Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$281,923,125 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$281,923,125 Total Step 1 + Step 2
$492,877,987 NO Shortfall:
YES Does Licensee Pass:
Does Licensee Pass:
YES
$529,519,933
Datasheet 2 Signature: Shawn Harwell Date: 7/26/2011 Signature: Jo Ann Simpson Date: 07/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 6
2010 Year:
Farley (Joseph M.) Nuclear Plant, Unit 1 Docket Number:
Date of Operation:
50-348 25 31 Termination of Operations:
2037 Day Plant name:
2.50%
26.48 See Annuity Sheet See Annuity Sheet 2.00%
7 Earnings Credit:
Step 4:
Shortfall:
NO Real Rate of Return per year Years remaining after annuity
$17,808,892 Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License YES
$41,630,545 Total Step 5 Total of Steps 4 thru 6:
$601,611,145 Does Licensee Pass:
Total Earnings:
N/A 27
$559,980,600 See Annuity Sheet See Total Step 4 Decom Period:
Step 6:
$559,980,600 See Total Step 4 Does Licensee Pass:
Real Rate of Return per year YES Total Step 4 + Step 5 Total Earnings for Decom:
Decom Period:
Real Rate of Return per year Accumulation:
Value of Annuity per year
$281,923,125 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$542,171,708 YES If licensee is granted greater than 2% RRR
Datasheet 2 Signature: Shawn Harwell Date: 7/26/2011 Signature: Jo Ann Simpson Date: 07/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 6
25 2037 Year Annuity:
2011
$464,149 2%
$784,214 2012
$464,149 2%
$768,837 2013
$464,149 2%
$753,762 2014
$464,149 2%
$738,982 2015
$464,149 2%
$724,492 2016
$464,149 2%
$710,286 2017
$464,149 2%
$696,359 2018
$464,149 2%
$682,705 2019
$464,149 2%
$669,319 2020
$464,149 2%
$656,195 2021
$464,149 2%
$643,328 2022
$464,149 2%
$630,714 2023
$464,149 2%
$618,347 2024
$464,149 2%
$606,223 2025
$464,149 2%
$594,336 2026
$464,149 2%
$582,682 2027
$464,149 2%
$571,257 2028
$464,149 2%
$560,056 2029
$464,149 2%
$549,074 2030
$464,149 2%
$538,308 2031
$464,149 2%
$527,753 2032
$464,149 2%
$517,405 2033
$464,149 2%
$507,260 2034
$464,149 2%
$497,314 2035
$464,149 2%
$487,562 2036
$464,149 2%
$478,002 2037
$464,149 2%
$468,630 Total:
$16,563,402 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Shawn Harwell Date: 7/26/2011 Signature: Jo Ann Simpson Date: 07/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 6
25 2037 ANNUITY Termination of Operations:
Year Annuity:
2011
$464,149 2.50%
$892,649 2012
$464,149 2.50%
$870,877 2013
$464,149 2.50%
$849,636 2014
$464,149 2.50%
$828,913 2015
$464,149 2.50%
$808,696 2016
$464,149 2.50%
$788,972 2017
$464,149 2.50%
$769,728 2018
$464,149 2.50%
$750,955 2019
$464,149 2.50%
$732,639 2020
$464,149 2.50%
$714,769 2021
$464,149 2.50%
$697,336 2022
$464,149 2.50%
$680,328 2023
$464,149 2.50%
$663,734 2024
$464,149 2.50%
$647,546 2025
$464,149 2.50%
$631,752 2026
$464,149 2.50%
$616,343 2027
$464,149 2.50%
$601,311 2028
$464,149 2.50%
$586,644 2029
$464,149 2.50%
$572,336 2030
$464,149 2.50%
$558,377 2031
$464,149 2.50%
$544,758 2032
$464,149 2.50%
$531,471 2033
$464,149 2.50%
$518,508 2034
$464,149 2.50%
$505,862 2035
$464,149 2.50%
$493,524 2036
$464,149 2.50%
$481,486 2037
$464,149 2.50%
$469,743 Total:
$17,808,892 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation