ML112371817
| ML112371817 | |
| Person / Time | |
|---|---|
| Site: | Quad Cities  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112371817 (3) | |
Text
Datasheet 1 Signature: Shawn Harwell Date: 8/4/2011 Signature: Aaron L. Szabo Date: 8/16/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
75.00%
2 25.00%
1 3
4 2.00%
2.00%
N N
Y N
N Y
5 6
Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 3 Changes were made to trust agreements in 3/2009 to accommodate a transfer of assets from the non-qualified trusts to the qualified trusts permitted under IRC Section 468A and related Treasury Regulations. No additional changes were needed. 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.
MidAmerican Energy Company Exelon Generation Company, LLC Licensee:
$301,270,000 Amount in Trust Fund:
Y3 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)
Y2 Post-RAI Rates Determined (Y/N) 2 EGC-financial assurnance is provided by prepayment method coupled with an external trust fund; MidAmerican - continues to use an external sinking fund. No further review required.
Y
$600,974,699 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
$448,466,522 Real Rate of Return PUC Verified (Y/N)
RAI Needed (Y/N)
PUC Verified (Y/N)
$147,196,522 provided Did the licensee identify the amount of estimated radiological funds? (Y/N)
Escalation Rate Allowed through Decom (Y/N)
Total Trust Fund Balance Plant name:
Quad Cities Station, Unit 1 50-254 Docket Number:
The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c):1
Datasheet 2 Signature: Shawn Harwell Date: 8/4/2011 Signature: Aaron L. Szabo Date: 8/16/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 12 BWR 2957
$130,613,000 111.3 2.08 0.65 2.32 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.307 0.22 12.54
% Owned:
Category 75.00%
2 25.00%
1 2%
21.95 2%
2%
2%
7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Quad Cities Station, Unit 1 Docket Number:
Date of Operation:
Latest Month Fx
$714,405,488 Years remaining after annuity Px 50-254 14 31 Termination of Operations:
2032 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$447,044,096 NRC Minimum:
$596,058,795 Trust Fund Balance:
Step 1:
Fx Site Specific:
Total Step 2:
21.95 Years Left in License 0.00 Real Rate of Return per year Does Licensee Pass:
YES
$21,723,053
$53,110,929 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 MidAmerican Energy Company
$149,014,699 Total Annuity:
Step 3:
$147,196,522
$301,270,000 Amount in Trust Fund:
$21,724,526 Total Earnings:
$692,680,962 Real Rate of Return per year Total of Steps 1 thru 3:
$797,982 Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$448,466,522 Decom Period:
$21,723,053 Total Annuity Real Rate of Return per year Total Fund Balance:
$448,466,522 Total Step 1 + Step 2
$714,405,488 NO Shortfall:
YES Does Licensee Pass:
Does Licensee Pass:
YES
$767,516,417
Datasheet 2 Signature: Shawn Harwell Date: 8/4/2011 Signature: Aaron L. Szabo Date: 8/16/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 12 2010 Year:
Quad Cities Station, Unit 1 Docket Number:
Date of Operation:
50-254 14 31 Termination of Operations:
2032 Day Plant name:
2.00%
21.95 2.00%
2.00%
2.00%
7 Earnings Credit:
Step 4:
Shortfall:
NO Real Rate of Return per year Years remaining after annuity
$21,724,526 Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License YES
$53,110,929 Total Step 5 Total of Steps 4 thru 6:
$767,516,417 Does Licensee Pass:
Total Earnings:
0.00 21.95
$714,405,488
$797,982
$21,723,053 Decom Period:
Step 6:
$714,405,488
$21,723,053 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
$448,466,522 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$692,680,962 YES If licensee is granted greater than 2% RRR