ML112371774
| ML112371774 | |
| Person / Time | |
|---|---|
| Site: | Palo Verde  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112371774 (4) | |
Text
Datasheet 1 Signature: Michael Purdie and JoAnn Simpson Date: 8/10/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
29.10%
1 17.49%
1 15.80%
1 15.80%
1 10.20%
1 5.91%
1 5.70%
1 3
4 Variable1 Variable1 Variable1 N
Y Y
N N2 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 1 Rates provided are considered variable because the rates are not consistent throughout the licensee(s) and/or years of operation.
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) 2 For EPE, year-to-year rates cannot be determined from the submitted information since they are determined by the FERC, the Public Utility Commission of Texas and the New Mexico Public Regulation commission, which have issued various orders and rules related to decommissioning funding, investment criteria, and/or fund operations.
Arizona Public Service Company (APS)
Licensee:
$136,871,000 Amount in Trust Fund:
N
$51,678,000
$50,022,000 Any material changes to trust agreements? (Y/N)
N
$250,567,000 Post-RAI Rates Determined (Y/N)
Los Angeles Department of Water and Power (LADWP)
$40,435,000 Salt River Project Agricultural Improvement and Power District (SRP)
Y
$469,000,000 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
$659,625,000 Real Rate of Return PUC Verified (Y/N)
$52,645,000 Southern California Public Power Authority (SCPPA)
Total Trust Fund Balance Plant name:
Palo Verde Nuclear Generating Station, Unit 1 50-528 RAI Needed (Y/N)
PUC Verified (Y/N)
$77,407,000 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)
El Paso Electric Company (EPE)
Public Service Company of New Mexico (PNM)
Southern California Edison Company (SCE)
Datasheet 2 Signature: Michael Purdie and JoAnn Simpson Date: 8/10/2011 Signature: Aaron L. Szabo Date: 8/22/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 6
PWR 3990
$105,000,000 112.5 2.06 0.65 2.32 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28
% Owned:
Category 29.10%
1 17.49%
1 15.80%
1 15.80%
1 10.20%
1 5.91%
1 5.70%
1 2%
14.42 See Annuity Sheet See Annuity Sheet 2%
7
$75,640,415 Total Earnings for Decom:
Decom Period:
Total Earnings:
Real Rate of Return per year Bx Ex Lx ECI Base Lx Base Px NRC Minimum:
$472,584,981 Southern California Edison Company (SCE)
Latest Month Px Amount of NRC Minimum/Site Specific:
BWR/PWR MWth Arizona Public Service Company (APS)
Salt River Project Agricultural Improvement and Power District (SRP)
El Paso Electric Company (EPE)
$83,618,656
$92,562,677 Total Annuity:
2010 Year:
Palo Verde Nuclear Generating Station, Unit 1 Docket Number:
Date of Operation:
Latest Month Fx
$1,017,454,016 Years remaining after annuity Px 50-528 1
31 Termination of Operations:
2025 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$154,006,512 Fx Site Specific:
$529,232,000 Total Step 2:
$31,277,611
$83,618,656 Years Left in License N/A
$250,567,000 Real Rate of Return per year Does Licensee Pass:
YES
$50,022,000
$52,645,000 See Total Step 2
$53,981,664 Step 3:
$77,407,000
$136,871,000 Amount in Trust Fund:
$139,861,857 Total Earnings:
$877,592,159 Real Rate of Return per year Los Angeles Department of Water and Power (LADWP)
$0
$40,435,000 Public Service Company of New Mexico (PNM)
Trust Fund Balance:
Step 1:
Total of Steps 1 thru 3:
$51,678,000 See Annuity Sheet Number of Annual Payments:
Southern California Public Power Authority (SCPPA)
Accumulation:
Step 2:
Earnings Credit:
$659,625,000 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$659,625,000 Total Step 1 + Step 2
$1,017,454,016 NO Shortfall:
YES Does Licensee Pass:
Does Licensee Pass:
YES
$1,093,094,431
Datasheet 2 Signature: Michael Purdie and JoAnn Simpson Date: 8/10/2011 Signature: Aaron L. Szabo Date: 8/22/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 6
2010 Year:
Palo Verde Nuclear Generating Station, Unit 1 Docket Number:
Date of Operation:
50-528 1
31 Termination of Operations:
2025 Day Plant name:
Owner APS 2.00%
14.42 SRP 2.00%
EPE 2.0375%
SCE 2.00%
PNM 4.50%
SCPPA 2.00%
LADWP 2.00%
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
$145,070,067 Total Annuity Real Rate of Return Real Rate of Return per year Accumulation:
Value of Annuity per year YES
$78,122,461 Total Step 5 Total of Steps 4 thru 6:
$1,128,962,969 Does Licensee Pass:
Total Earnings:
N/A 0
$1,050,840,508 See Annuity Sheet See Total Step 4 Decom Period:
Step 6:
$1,050,840,508 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:
Does Licensee Pass:
$136,871,000
$905,770,440 YES
$77,407,000
$52,645,000 Total Annuity:
Number of Annual Payments:
Step 5:
If licensee is granted greater than 2% RRR Years Left in License Trust Fund Balance:
Total Earnings:
$250,567,000
$50,022,000
$51,678,000
$40,435,000
Datasheet 2 Signature: Michael Purdie and JoAnn Simpson Date: 8/10/2011 Signature: Aaron L. Szabo Date: 8/22/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 6
1 2025 Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
2011
$2,044,352 2%
$2,719,976 2011
$1,608,000 2%
$2,139,417 2011
$2,980,838 2%
$3,965,955 2011
$0 2%
$0 2011
$1,361,000 2%
$1,810,788 2011
($1,570,384) 2%
($2,089,369) 2011
($917,826) 2%
($1,221,152) 2012
$2,044,352 2%
$2,666,643 2012
$1,704,000 2%
$2,222,689 2012
$3,317,760 2%
$4,328,844 2012
$0 2%
$0 2012
$1,361,000 2%
$1,775,282 2012
($1,570,384) 2%
($2,048,401) 2012
($917,826) 2%
($1,197,208) 2013
$2,044,352 2%
$2,614,356 2013
$1,804,000 2%
$2,306,989 2013
$3,449,163 2%
$4,412,051 2013
$0 2%
$0 2013
$1,361,000 2%
$1,740,472 2013
($1,570,384) 2%
($2,008,237) 2013
($917,826) 2%
($1,173,733) 2014
$2,044,352 2%
$2,563,094 2014
$1,911,000 2%
$2,395,905 2014
$3,585,771 2%
$4,496,858 2014
$0 2%
$0 2014
$1,361,000 2%
$1,706,346 2014
($1,570,384) 2%
($1,968,859) 2014
($917,826) 2%
($1,150,719) 2015
$2,044,352 2%
$2,512,837 2015
$2,024,000 2%
$2,487,821 2015
$4,065,222 2%
$4,998,167 2015
$0 2%
$0 2015
$1,361,000 2%
$1,672,888 2015
($1,570,384) 2%
($1,930,254) 2015
($917,826) 2%
($1,128,156) 2016
$2,044,352 2%
$2,463,566 2016
$2,144,000 2%
$2,583,648 2016
$4,226,229 2%
$5,094,239 2016
$0 2%
$0 2016
$1,361,000 2%
$1,640,086 2016
($1,570,384) 2%
($1,892,406) 2016
($917,826) 2%
($1,106,035) 2017
$2,044,352 2%
$2,415,261 2017
$2,271,000 2%
$2,683,030 2017
$4,393,613 2%
$5,192,159 2017
$0 2%
$0 2017
$1,361,000 2%
$1,607,928 2017
($1,570,384) 2%
($1,855,300) 2017
($917,826) 2%
($1,084,348) 2018
$2,044,352 2%
$2,367,903 2018
$2,406,000 2%
$2,786,787 2018
$5,138,776 2%
$5,953,682 2018
$0 2%
$0 2018
$1,361,000 2%
$1,576,400 2018
($1,570,384) 2%
($1,818,922) 2018
($917,826) 2%
($1,063,086) 2019
$2,044,352 2%
$2,321,473 2019
$2,548,000 2%
$2,893,393 2019
$5,342,302 2%
$6,068,121 2019
$0 2%
$0 2019
$1,361,000 2%
$1,545,490 2019
($1,570,384) 2%
($1,783,257) 2019
($917,826) 2%
($1,042,241) 2020
$2,044,352 2%
$2,275,954 2020
$2,699,000 2%
$3,004,766 2020
$5,553,889 2%
$6,184,760 2020
$0 2%
$0 2020
$1,361,000 2%
$1,515,186 2020
($1,570,384) 2%
($1,748,291) 2020
($917,826) 2%
($1,021,805) 2021
$2,044,352 2%
$2,231,328 2021
$2,859,000 2%
$3,120,483 2021
$6,957,220 2%
$7,595,585 2021
$0 2%
$0 2021
$1,361,000 2%
$1,485,476 2021
($1,570,384) 2%
($1,714,011) 2021 2%
$0 2022
$2,044,352 2%
$2,187,576 2022
$3,028,000 2%
$3,240,137 2022
$7,232,768 2%
$7,741,584 2022
$0 2%
$0 2022
$1,361,000 2%
$1,456,349 2022
($1,570,384) 2%
($1,680,403) 2022 2%
$0 2023
$2,044,352 2%
$2,144,682 2023
$3,207,000 2%
$3,364,390 2023
$7,519,229 2%
$7,890,389 2023
$0 2%
$0 2023
$1,361,000 2%
$1,427,794 2023
($1,570,384) 2%
($1,647,454) 2023 2%
$0 2024
$2,044,352 2%
$2,102,630 2024
$3,397,000 2%
$3,493,837 2024
$7,817,036 2%
$8,042,055 2024
$0 2%
$0 2024
$1,361,000 2%
$1,399,798 2024
($1,570,384) 2%
($1,615,151) 2024 2%
$0 2025
$2,044,352 2%
$2,061,402 2025
$0 2%
$0 Total:
$33,587,278 Total:
$38,723,292 Total:
$81,964,450 Total:
$0 Total:
$20,960,484 Total:
($24,185,164)
Total:
($11,188,484)
TOTAL:
$139,861,857 Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
2011
$2,044,352 2%
$2,719,976 2011
$1,608,000 2%
$2,139,417 2011
$2,980,838 2.0375%
$3,987,031 2011
$0 2%
$0 2011
$1,361,000 4.5%
$2,567,460 2011
($1,570,384) 2%
($2,089,369) 2011
($917,826) 2%
($1,221,152) 2012
$2,044,352 2%
$2,666,643 2012
$1,704,000 2%
$2,222,689 2012
$3,317,760 2.0375%
$4,349,070 2012
$0 2%
$0 2012
$1,361,000 4.5%
$2,456,900 2012
($1,570,384) 2%
($2,048,401) 2012
($917,826) 2%
($1,197,208) 2013
$2,044,352 2%
$2,614,356 2013
$1,804,000 2%
$2,306,989 2013
$3,449,163 2.0375%
$4,431,037 2013
$0 2%
$0 2013
$1,361,000 4.5%
$2,351,100 2013
($1,570,384) 2%
($2,008,237) 2013
($917,826) 2%
($1,173,733) 2014
$2,044,352 2%
$2,563,094 2014
$1,911,000 2%
$2,395,905 2014
$3,585,771 2.0375%
$4,514,549 2014
$0 2%
$0 2014
$1,361,000 4.5%
$2,249,856 2014
($1,570,384) 2%
($1,968,859) 2014
($917,826) 2%
($1,150,719) 2015
$2,044,352 2%
$2,512,837 2015
$2,024,000 2%
$2,487,821 2015
$4,065,222 2.0375%
$5,015,986 2015
$0 2%
$0 2015
$1,361,000 4.5%
$2,152,973 2015
($1,570,384) 2%
($1,930,254) 2015
($917,826) 2%
($1,128,156) 2016
$2,044,352 2%
$2,463,566 2016
$2,144,000 2%
$2,583,648 2016
$4,226,229 2.0375%
$5,110,522 2016
$0 2%
$0 2016
$1,361,000 4.5%
$2,060,261 2016
($1,570,384) 2%
($1,892,406) 2016
($917,826) 2%
($1,106,035) 2017
$2,044,352 2%
$2,415,261 2017
$2,271,000 2%
$2,683,030 2017
$4,393,613 2.0375%
$5,206,840 2017
$0 2%
$0 2017
$1,361,000 4.5%
$1,971,542 2017
($1,570,384) 2%
($1,855,300) 2017
($917,826) 2%
($1,084,348) 2018
$2,044,352 2%
$2,367,903 2018
$2,406,000 2%
$2,786,787 2018
$5,138,776 2.0375%
$5,968,322 2018
$0 2%
$0 2018
$1,361,000 4.5%
$1,886,643 2018
($1,570,384) 2%
($1,818,922) 2018
($917,826) 2%
($1,063,086) 2019
$2,044,352 2%
$2,321,473 2019
$2,548,000 2%
$2,893,393 2019
$5,342,302 2.0375%
$6,080,807 2019
$0 2%
$0 2019
$1,361,000 4.5%
$1,805,400 2019
($1,570,384) 2%
($1,783,257) 2019
($917,826) 2%
($1,042,241) 2020
$2,044,352 2%
$2,275,954 2020
$2,699,000 2%
$3,004,766 2020
$5,553,889 2.0375%
$6,195,412 2020
$0 2%
$0 2020
$1,361,000 4.5%
$1,727,655 2020
($1,570,384) 2%
($1,748,291) 2020
($917,826) 2%
($1,021,805) 2021
$2,044,352 2%
$2,231,328 2021
$2,859,000 2%
$3,120,483 2021
$6,957,220 2.0375%
$7,605,870 2021
$0 2%
$0 2021
$1,361,000 4.5%
$1,653,259 2021
($1,570,384) 2%
($1,713,918) 2022
$2,044,352 2%
$2,187,576 2022
$3,028,000 2%
$3,240,137 2022
$7,232,768 2.0375%
$7,749,218 2022
$0 2%
$0 2022
$1,361,000 4.5%
$1,582,066 2022
($1,570,384) 2%
($1,680,403) 2023
$2,044,352 2%
$2,144,682 2023
$3,207,000 2%
$3,364,390 2023
$7,519,229 2.0375%
$7,895,268 2023
$0 2%
$0 2023
$1,361,000 4.5%
$1,513,938 2023
($1,570,384) 2%
($1,647,454) 2024
$2,044,352 2%
$2,102,630 2024
$3,397,000 2%
$3,493,837 2024
$7,817,036 2.0375%
$8,044,070 2024
$0 2%
$0 2024
$1,361,000 4.5%
$1,448,745 2024
($1,570,384) 2%
($1,615,151) 2025
$2,044,352 2%
$2,061,402 2025
$0 2%
$0 Total:
$33,587,278 Total:
$38,723,292 Total:
$82,154,000 Total:
$0 Total:
$25,979,051 Total:
($24,185,071)
Total:
($11,188,484)
TOTAL:
$145,070,067 LADWP Real Rate of Return:
Total Accumulation:
Real Rate of Return:
Total Accumulation:
Real Rate of Return:
Total Accumulation:
Real Rate of Return:
Total Accumulation:
Real Rate of Return:
Total Accumulation:
Real Rate of Return:
Total Accumulation:
Real Rate of Return:
Total Accumulation:
SRP EPE SCE PNM SCPPA Real Rate of Return:
Total Accumulation:
Real Rate of Return:
Total Accumulation:
SCPPA LADWP Real Rate of Return:
Total Accumulation:
Real Rate of Return:
Total Accumulation:
PNM SCE Real Rate of Return:
Total Accumulation:
Real Rate of Return:
Total Accumulation:
EPE SRP APS ANNUITY Total Accumulation If licensee is granted greater than 2% RRR Termination of Operations:
Real Rate of Return: