ML112370048
| ML112370048 | |
| Person / Time | |
|---|---|
| Site: | Limerick  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112370048 (5) | |
Text
Datasheet 1 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
100.00%
1 3
4 3.00%
3.00%
Y N
N 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 The total amount of dollars accumulated at the end of the appropriate year: (see below)
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
$249,578,000 Real Rate of Return PUC Verified (Y/N)
Exelon Generation Company, LLC Licensee:
$249,578,000 Amount in Trust Fund:
Plant name:
Limerick Generating Station, Unit 2 50-353 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):1 Escalation Rate Y
$634,961,000 2 Financial assurance is provided by external sinking fund method, coupled with an external trust fund. No further review required.
1 Licensee calculated MFA higher than NRC calculations. Justification, including factors used, were provided to NRC for review. No further review required.
Allowed through Decom (Y/N)
Total Trust Fund Balance Post-RAI Rates Determined (Y/N)
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)
Y1 N
Datasheet 2 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 6
BWR 3458
$135,000,000 113.6 2.16 0.65 2.45 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.307 0.22 12.54
% Owned:
Category 100.00%
1 2%
18.48 See Annuity Sheet See Annuity Sheet 2%
7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Limerick Generating Station, Unit 2 Docket Number:
Date of Operation:
Latest Month Fx
$618,825,699 Years remaining after annuity Px 50-353 22 31 Termination of Operations:
2029 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$628,251,763 NRC Minimum:
$628,251,763 Trust Fund Balance:
Step 1:
Fx Site Specific:
Total Step 2:
18 Years Left in License N/A Real Rate of Return per year Does Licensee Pass:
NO See Total Step 2
$46,005,256 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 Exelon Generation Company, LLC Total Annuity:
Step 3:
$249,578,000 Amount in Trust Fund:
$258,995,658 Total Earnings:
$359,830,041 Real Rate of Return per year Total of Steps 1 thru 3:
See Annuity Sheet Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$249,578,000 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$249,578,000 Total Step 1 + Step 2
$618,825,699 NO Shortfall:
NO Does Licensee Pass:
Does Licensee Pass:
YES
$664,830,955
Datasheet 2 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 6
2010 Year:
Limerick Generating Station, Unit 2 Docket Number:
Date of Operation:
50-353 22 31 Termination of Operations:
2029 Day Plant name:
3.00%
18.48 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
$287,323,056 Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License YES
$53,394,880 Total Step 5 Total of Steps 4 thru 6:
$771,619,849 Does Licensee Pass:
Total Earnings:
N/A 18
$718,224,970 See Annuity Sheet See Total Step 4 Decom Period:
Step 6:
$718,224,970 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
$249,578,000 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$430,901,914 NO If licensee is granted greater than 2% RRR
Datasheet 2 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 6
22 2029 Year Annuity:
2011
$11,747,000 2%
$16,936,818 2012
$11,747,000 2%
$16,604,724 2013
$11,747,000 2%
$16,279,141 2014
$11,747,000 2%
$15,959,942 2015
$11,747,000 2%
$15,647,002 2016
$11,747,000 2%
$15,340,198 2017
$11,747,000 2%
$15,039,410 2018
$11,747,000 2%
$14,744,520 2019
$11,747,000 2%
$14,455,411 2020
$11,747,000 2%
$14,171,972 2021
$11,747,000 2%
$13,894,090 2022
$11,747,000 2%
$13,621,657 2023
$11,747,000 2%
$13,354,566 2024
$11,747,000 2%
$13,092,712 2025
$11,747,000 2%
$12,835,992 2026
$11,747,000 2%
$12,584,306 2027
$11,747,000 2%
$12,337,554 2028
$11,747,000 2%
$12,095,642 2029 2%
$0 Total:
$258,995,658 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Date: 8/15/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 6
22 2029 ANNUITY Termination of Operations:
Year Annuity:
2011
$11,747,000 3.00%
$20,282,412 2012
$11,747,000 3.00%
$19,691,662 2013
$11,747,000 3.00%
$19,118,119 2014
$11,747,000 3.00%
$18,561,280 2015
$11,747,000 3.00%
$18,020,661 2016
$11,747,000 3.00%
$17,495,787 2017
$11,747,000 3.00%
$16,986,201 2018
$11,747,000 3.00%
$16,491,457 2019
$11,747,000 3.00%
$16,011,124 2020
$11,747,000 3.00%
$15,544,780 2021
$11,747,000 3.00%
$15,092,020 2022
$11,747,000 3.00%
$14,652,446 2023
$11,747,000 3.00%
$14,225,676 2024
$11,747,000 3.00%
$13,811,336 2025
$11,747,000 3.00%
$13,409,064 2026
$11,747,000 3.00%
$13,018,509 2027
$11,747,000 3.00%
$12,639,329 2028
$11,747,000 3.00%
$12,271,193 2029
$0 3.00%
$0 Total:
$287,323,056 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation