ML112371779
| ML112371779 | |
| 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: ML112371779 (4) | |
Text
Datasheet 1 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 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 Salt River Project Agricultural Improvement and Power District (SRP)
Total Trust Fund Balance
$263,898,000 Post-RAI Rates Determined (Y/N)
Los Angeles Department of Water and Power (LADWP)
$57,397,000
$46,123,000 Public Service Company of New Mexico (PNM)
Southern California Edison Company (SCE)
$39,875,000
$676,975,000
$48,601,000 Southern California Public Power Authority (SCPPA)
El Paso Electric Company (EPE)
Arizona Public Service Company (APS)
Plant name:
Palo Verde Nuclear Generating Station, Unit 3 Licensee:
$140,976,000 Amount in Trust Fund:
50-530 RAI Needed (Y/N)
PUC Verified (Y/N)
$80,105,000 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 Y
$469,000,000 The total amount of dollars accumulated at the end of the appropriate year: (see below)
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 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 1 Rates provided are considered variable because the rates are not consistent throughout the licensee(s) and/or years of operation.
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.
N N
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 Real Rate of Return PUC Verified (Y/N)
Allowed through Decom (Y/N)
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 11 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%
16.90 See Annuity Sheet See Annuity Sheet 2%
7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Palo Verde Nuclear Generating Station, Unit 3 Docket Number:
Date of Operation:
Latest Month Fx
$1,277,084,302 Years remaining after annuity Px 50-530 25 31 Termination of Operations:
2027 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$186,358,146 NRC Minimum:
$472,584,981 Southern California Edison Company (SCE)
Public Service Company of New Mexico (PNM)
Trust Fund Balance:
Step 1:
Fx Site Specific:
$640,406,000 Total Step 2:
$37,847,995
$101,184,148 Years Left in License N/A
$263,898,000 Real Rate of Return per year Does Licensee Pass:
YES
$46,123,000
$48,601,000 See Total Step 2
$65,321,412 Total Earnings:
Real Rate of Return per year 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)
$101,184,148
$112,007,009 Total Annuity:
Step 3:
$80,105,000
$140,976,000 Amount in Trust Fund:
$331,026,880 Total Earnings:
$946,057,422 Real Rate of Return per year Los Angeles Department of Water and Power (LADWP)
$36,503,142
$39,875,000 Total of Steps 1 thru 3:
$57,397,000 see annuity sheet Number of Annual Payments:
Southern California Public Power Authority (SCPPA)
Accumulation:
Step 2:
Earnings Credit:
$676,975,000 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$676,975,000 Total Step 1 + Step 2
$1,277,084,302
$94,942,066
$1,372,026,369 YES NO Total Earnings for Decom:
Decom Period:
Shortfall:
YES Does Licensee Pass:
Does Licensee Pass:
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 11 2010 Year:
Palo Verde Nuclear Generating Station, Unit 3 Docket Number:
Date of Operation:
50-530 25 31 Termination of Operations:
2027 Day Plant name:
2.00%
16.90 2.0375%
16.90 4.50%
16.90 Total:
$979,072,939 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
$353,288,810 Total Annuity Does Licensee Pass:
Trust Fund Balance:
YES
$99,051,548 Total Step 5 Total of Steps 4 thru 6:
$1,431,413,298 Does Licensee Pass:
Total Earnings:
N/A 0
$1,332,361,749 see annuity sheet See Total Step 4 Decom Period:
Step 6:
$1,332,361,749 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
$582,251,000 Total Annuity:
Number of Annual Payments:
Step 5:
Total Earnings:
$813,682,751 If licensee is granted greater than 2% RRR
$48,601,000
$46,123,000
$68,342,047
$97,048,141 Real Rate of Return per year Years Left in License Licensee:
All other Licensees:
El Paso Electric Company Public Service Company of New Mexico YES
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 11 25 2027 Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
2011
$3,719,574 2%
$5,198,186 2011
$2,283,000 2%
$3,190,542 2011
$2,907,844 2%
$4,063,776 2011
$0 2%
$0 2011
$4,910,000 2%
$6,861,832 2011
($1,176,842) 2%
($1,644,662) 2011
($76,366) 2%
($106,723) 2012
$3,719,574 2%
$5,096,261 2012
$2,418,000 2%
$3,312,949 2012
$3,183,853 2%
$4,362,259 2012
$0 2%
$0 2012
$4,910,000 2%
$6,727,287 2012
($1,176,842) 2%
($1,612,414) 2012
($76,366) 2%
($104,631) 2013
$3,719,574 2%
$4,996,334 2013
$2,561,000 2%
$3,440,074 2013
$3,309,953 2%
$4,446,109 2013
$0 2%
$0 2013
$4,910,000 2%
$6,595,379 2013
($1,176,842) 2%
($1,580,798) 2013
($76,366) 2%
($102,579) 2014
$3,719,574 2%
$4,898,367 2014
$2,713,000 2%
$3,572,793 2014
$3,441,047 2%
$4,531,570 2014
$0 2%
$0 2014
$4,910,000 2%
$6,466,058 2014
($1,176,842) 2%
($1,549,802) 2014
($76,366) 2%
($100,568) 2015
$3,719,574 2%
$4,802,320 2015
$2,873,000 2%
$3,709,314 2015
$3,814,940 2%
$4,925,447 2015
$0 2%
$0 2015
$4,910,000 2%
$6,339,272 2015
($1,176,842) 2%
($1,519,414) 2015
($76,366) 2%
($98,596) 2016
$3,719,574 2%
$4,708,157 2016
$3,044,000 2%
$3,853,030 2016
$3,966,035 2%
$5,020,122 2016
$0 2%
$0 2016
$4,910,000 2%
$6,214,973 2016
($1,176,842) 2%
($1,489,621) 2016
($76,366) 2%
($96,662) 2017
$3,719,574 2%
$4,615,840 2017
$3,224,000 2%
$4,000,853 2017
$4,123,113 2%
$5,116,616 2017
$0 2%
$0 2017
$4,910,000 2%
$6,093,111 2017
($1,176,842) 2%
($1,460,413) 2017
($76,366) 2%
($94,767) 2018
$3,719,574 2%
$4,525,334 2018
$3,415,000 2%
$4,154,781 2018
$4,659,502 2%
$5,668,875 2018
$0 2%
$0 2018
$4,910,000 2%
$5,973,638 2018
($1,176,842) 2%
($1,431,778) 2018
($76,366) 2%
($92,909) 2019
$3,719,574 2%
$4,436,602 2019
$3,617,000 2%
$4,314,254 2019
$4,844,046 2%
$5,777,840 2019
$0 2%
$0 2019
$4,910,000 2%
$5,856,508 2019
($1,176,842) 2%
($1,403,704) 2019
($76,366) 2%
($91,087) 2020
$3,719,574 2%
$4,349,609 2020
$3,831,000 2%
$4,479,909 2020
$5,035,900 2%
$5,888,900 2020
$0 2%
$0 2020
$4,910,000 2%
$5,741,674 2020
($1,176,842) 2%
($1,376,180) 2020
($76,366) 2%
($89,301) 2021
$3,719,574 2%
$4,264,323 2021
$4,058,000 2%
$4,652,313 2021
$5,889,479 2%
$6,752,021 2021
$0 2%
$0 2021
$4,910,000 2%
$5,629,093 2021
($1,176,842) 2%
($1,349,196) 2021
($76,366) 2%
($87,550) 2022
$3,719,574 2%
$4,180,709 2022
$4,298,000 2%
$4,830,845 2022
$6,122,738 2%
$6,881,806 2022
$0 2%
$0 2022
$4,910,000 2%
$5,518,718 2022
($1,176,842) 2%
($1,322,741) 2022
($76,366) 2%
($85,833) 2023
$3,719,574 2%
$4,098,734 2023
$4,552,000 2%
$5,016,015 2023
$6,365,235 2%
$7,014,084 2023
$0 2%
$0 2023
$4,910,000 2%
$5,410,508 2023
$0 2%
$0 2023
$0 2%
$0 2024
$3,719,574 2%
$4,018,367 2024
$4,822,000 2%
$5,209,351 2024
$8,106,273 2%
$8,757,449 2024
$0 2%
$0 2024
$4,910,000 2%
$5,304,420 2024
$0 2%
$0 2024
$0 2%
$0 2025
$3,719,574 2%
$3,939,575 2025
$5,107,000 2%
$5,409,063 2025
$8,427,330 2%
$8,925,781 2025
$0 2%
$0 2025
$4,910,000 2%
$5,200,411 2025
$0 2%
$0 2025
$0 2%
$0 2026
$3,719,574 2%
$3,862,329 2026
$5,410,000 2%
$5,617,632 2026
$8,761,103 2%
$9,097,348 2026
$0 2%
$0 2026
$4,910,000 2%
$5,098,443 2026
$0 2%
$0 2026
$0 2%
$0 2027
$3,719,574 2%
$3,786,597 2027
$5,730,000 2%
$5,833,249 2027
$2,243,965 2%
$2,284,399 2027
$0 2%
$0 2027
$4,910,000 2%
$4,998,473 2027
$0 2%
$0 2027
$0 2%
$0 Total:
$75,777,644 Total:
$74,596,968 Total:
$99,514,401 Total:
$0 Total:
$100,029,797 Total:
($17,740,724)
Total:
($1,151,206)
Total:
$331,026,880 Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
Year Annuity:
2011
$3,719,574 2%
$5,198,186 2011
$2,283,000 2%
$3,190,542 2011
$2,907,844 2.0375%
$4,089,101 2011
$0 2%
$0 2011
$4,910,000 4.5%
$10,331,936 2011
($1,176,842) 2%
($1,644,662) 2011
($76,366) 2%
($106,723) 2012
$3,719,574 2%
$5,096,261 2012
$2,418,000 2%
$3,312,949 2012
$3,183,853 2.0375%
$4,387,832 2012
$0 2%
$0 2012
$4,910,000 4.5%
$9,887,020 2012
($1,176,842) 2%
($1,612,414) 2012
($76,366) 2%
($104,631) 2013
$3,719,574 2%
$4,996,334 2013
$2,561,000 2%
$3,440,074 2013
$3,309,953 2.0375%
$4,470,530 2013
$0 2%
$0 2013
$4,910,000 4.5%
$9,461,263 2013
($1,176,842) 2%
($1,580,798) 2013
($76,366) 2%
($102,579) 2014
$3,719,574 2%
$4,898,367 2014
$2,713,000 2%
$3,572,793 2014
$3,441,047 2.0375%
$4,554,786 2014
$0 2%
$0 2014
$4,910,000 4.5%
$9,053,841 2014
($1,176,842) 2%
($1,549,802) 2014
($76,366) 2%
($100,568) 2015
$3,719,574 2%
$4,802,320 2015
$2,873,000 2%
$3,709,314 2015
$3,814,940 2.0375%
$4,948,861 2015
$0 2%
$0 2015
$4,910,000 4.5%
$8,663,962 2015
($1,176,842) 2%
($1,519,414) 2015
($76,366) 2%
($98,596) 2016
$3,719,574 2%
$4,708,157 2016
$3,044,000 2%
$3,853,030 2016
$3,966,035 2.0375%
$5,042,133 2016
$0 2%
$0 2016
$4,910,000 4.5%
$8,290,873 2016
($1,176,842) 2%
($1,489,621) 2016
($76,366) 2%
($96,662) 2017
$3,719,574 2%
$4,615,840 2017
$3,224,000 2%
$4,000,853 2017
$4,123,113 2.0375%
$5,137,161 2017
$0 2%
$0 2017
$4,910,000 4.5%
$7,933,850 2017
($1,176,842) 2%
($1,460,413) 2017
($76,366) 2%
($94,767) 2018
$3,719,574 2%
$4,525,334 2018
$3,415,000 2%
$4,154,781 2018
$4,659,502 2.0375%
$5,689,546 2018
$0 2%
$0 2018
$4,910,000 4.5%
$7,592,201 2018
($1,176,842) 2%
($1,431,778) 2018
($76,366) 2%
($92,909) 2019
$3,719,574 2%
$4,436,602 2019
$3,617,000 2%
$4,314,254 2019
$4,844,046 2.0375%
$5,796,777 2019
$0 2%
$0 2019
$4,910,000 4.5%
$7,265,264 2019
($1,176,842) 2%
($1,403,704) 2019
($76,366) 2%
($91,087) 2020
$3,719,574 2%
$4,349,609 2020
$3,831,000 2%
$4,479,909 2020
$5,035,900 2.0375%
$5,906,029 2020
$0 2%
$0 2020
$4,910,000 4.5%
$6,952,406 2020
($1,176,842) 2%
($1,376,180) 2020
($76,366) 2%
($89,301) 2021
$3,719,574 2%
$4,264,323 2021
$4,058,000 2%
$4,652,313 2021
$5,889,479 2.0375%
$6,769,172 2021
$0 2%
$0 2021
$4,910,000 4.5%
$6,653,020 2021
($1,176,842) 2%
($1,349,196) 2021
($76,366) 2%
($87,550) 2022
$3,719,574 2%
$4,180,709 2022
$4,298,000 2%
$4,830,845 2022
$6,122,738 2.0375%
$6,896,751 2022
$0 2%
$0 2022
$4,910,000 4.5%
$6,366,526 2022
($588,421) 2%
($661,371) 2022
($38,183) 2%
($42,917) 2023
$3,719,574 2%
$4,098,734 2023
$4,552,000 2%
$5,016,015 2023
$6,365,235 2.0375%
$7,026,734 2023
$0 2%
$0 2023
$4,910,000 4.5%
$6,092,369 2024
$3,719,574 2%
$4,018,367 2024
$4,822,000 2%
$5,209,351 2024
$8,106,273 2.0375%
$8,770,018 2024
$0 2%
$0 2024
$4,910,000 4.5%
$5,830,019 2025
$3,719,574 2%
$3,939,575 2025
$5,107,000 2%
$5,409,063 2025
$8,427,330 2.0375%
$8,935,306 2025
$0 2%
$0 2025
$4,910,000 4.5%
$5,578,965 2026
$3,719,574 2%
$3,862,329 2026
$5,410,000 2%
$5,617,632 2026
$8,761,103 2.0375%
$9,103,710 2026
$0 2%
$0 2026
$4,910,000 4.5%
$5,338,723 2027
$3,719,574 2%
$3,786,597 2027
$5,730,000 2%
$5,833,249 2027
$2,243,965 2.0375%
$2,285,156 2027
$0 2%
$0 Total:
$75,777,644 Total:
$74,596,968 Total:
$99,809,603 Total:
$0 Total:
$121,292,238 Total:
($17,079,353)
Total:
($1,108,290)
Total:
$353,288,810 Real Rate of Return:
PNM SCPPA LADWP If licensee is granted greater than 2% RRR If licensee is granted greater than 2% RRR If licensee is granted greater than 2% RRR If licensee is granted greater than 2% RRR APS SRP EPE SCE Total Accumulation:
Real Rate of Return:
Total Accumulation:
Total Accumulation:
ANNUITY Total Accumulation Total Accumulation Real Rate of Return:
Total Accumulation Termination of Operations:
Real Rate of Return:
Total Accumulation APS SRP EPE Real Rate of Return:
Real Rate of Return:
Total Accumulation Real Rate of Return:
SCE Real Rate of Return:
Real Rate of Return:
Total Accumulation:
Real Rate of Return:
Total Accumulation:
PNM SCPPA LADWP Real Rate of Return:
Total Accumulation:
Total Accumulation Real Rate of Return:
Total Accumulation:
Real Rate of Return:
Total Accumulation Real Rate of Return: