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Category:Financial Assurance Document
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American Nuclear Insurers, Notification of Change in the Number of Power Reactors in the Secondary Financial Protection (SFP) Program
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ML18319A0922018-10-29029 October 2018
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Units 1 and 2 - Nuclear Property Insurance Coverage as of April 1, 2016
NL-15-0581, Dalton Utilities Response on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))2015-03-26026 March 2015
Dalton Utilities Response on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))
NL-15-0604, E.I. Hatch, J. M. Farley and Vogtle, Units 1 and 2 - Submits Nuclear Property Insurance Coverage as of April 1, 20152015-03-26026 March 2015
E.I. Hatch, J. M. Farley and Vogtle, Units 1 and 2 - Submits Nuclear Property Insurance Coverage as of April 1, 2015
NL-15-0581, Vogtle, Units 1 and 2 - Georgia Power Company Response on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))2015-03-16016 March 2015
Vogtle, Units 1 and 2 - Georgia Power Company Response on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))
ML16048A1292015-03-16016 March 2015
Georgia Power Company Response on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))
ML16048A1312015-03-0909 March 2015
Municipal Electric Authority of Georgia Response on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))
NL-15-0581, Vogtle, Units 1 and 2 - Municipal Electric Authority of Georgia Response on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))2015-03-0909 March 2015
Vogtle, Units 1 and 2 - Municipal Electric Authority of Georgia Response on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))
NL-15-0581, Vogtle, Units 1 and 2 - Oglethorpe Power Corporation Response on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))2015-03-0303 March 2015
Vogtle, Units 1 and 2 - Oglethorpe Power Corporation Response on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))
ML16048A1302015-03-0303 March 2015
Oglethorpe Power Corporation Response on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))
NL-14-0290, Units 1 & 2 and ISFSI - Decommissioning Funding Plan2014-03-31031 March 2014
Units 1 & 2 and ISFSI - Decommissioning Funding Plan
NL-14-0441, Edwin I Hatch, Joseph M. Farley and Vogtle, Units 1 & 2 - Nuclear Property Insurance Coverage as of April 1, 20142014-03-24024 March 2014
Edwin I Hatch, Joseph M. Farley and Vogtle, Units 1 & 2 - Nuclear Property Insurance Coverage as of April 1, 2014
NL-13-0677, Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(0(1))2013-03-29029 March 2013
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ML1123800182011-11-14014 November 2011
2010 DFS Report Analysis for Vogtle (Alvin W.) Nuclear Plant, Unit 1
ML1123800202011-11-14014 November 2011
2010 DFS Report Analysis for Vogtle (Alvin W.) Nuclear Plant, Unit 2
NL-11-1013, Edwin I Hatch, Joseph M. Farley, and Vogtle, Nuclear Property Insurance Coverage as of April 1, 20112011-05-27027 May 2011
Edwin I Hatch, Joseph M. Farley, and Vogtle, Nuclear Property Insurance Coverage as of April 1, 2011
NL-11-0449, Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))2011-03-29029 March 2011
Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))
NL-10-0665, Nuclear Property Insurance Coverage as of April 1, 20102010-03-30030 March 2010
Nuclear Property Insurance Coverage as of April 1, 2010
NL-09-1150, Licensee Guarantees of Payment of Deferred Premiums (10 CFR 140.21)2009-07-29029 July 2009
Licensee Guarantees of Payment of Deferred Premiums (10 CFR 140.21)
ML0909007192009-03-30030 March 2009
Vogtle Electric Generating Plant, Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1)
NL-09-0430, Vogtle Electric Generating Plant, Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1)2009-03-30030 March 2009
Vogtle Electric Generating Plant, Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1)
NL-09-0268, Nuclear Property Insurance Coverage as of April 1, 20092009-02-19019 February 2009
Nuclear Property Insurance Coverage as of April 1, 2009
NL-08-0209, Nuclear Property Insurance Coverage as of April 1, 20082008-02-28028 February 2008
Nuclear Property Insurance Coverage as of April 1, 2008
NL-04-0978, Licensee Guarantees of Payment of Deferred Premiums (10 CFR 140.21)2004-07-30030 July 2004
Licensee Guarantees of Payment of Deferred Premiums (10 CFR 140.21)
NL-03-0694, Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))2003-03-28028 March 2003
Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))
2023-08-10
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Datasheet 1 Plant name: Vogtle (Alvin W.) Nuclear Plant, Unit 1 Docket Number: 50-424 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $459,684,000 Did the licensee identify the amount of estimated radiological funds? (Y/N) Y 2 The total amount of dollars accumulated at the end of the appropriate year: (see below)
Licensee: % Owned: Category: Amount in Trust Fund:
Georgia Power Company 45.70% 1 $104,335,000 Oglethorpe Power Corporation 30.00% 1 $53,650,686 Municipal Electric Authority 22.70% 1 $81,287,554 Dalton Utilities 1.60% 1 $8,705,177 Total Trust Fund Balance $247,978,417 3 Schedule of the annual amounts remaining to be collected: (provided/none) None 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)
Post-RAI Rate of Rate(s) of PUC RAI PUC Allowed Rates Real Rate Allowed through Neede Return on Escalation Rate Other Verified Verified through Determined of Return Decom (Y/N) d Earnings Factors (Y/N) (Y/N) Decom (Y/N) (Y/N)
(Y/N) variable1 variable1 variable 1
N N Y N N N 2
3 5 Any contracts upon which the licensee is relying? (Y/N) Y 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) N 7 Any material changes to trust agreements? (Y/N) Y4 If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below) 1 Rates provided are variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission (See "Notes" for additional comments).
2 Rates for Oglethorpe could not be determined based upon submitted information.
3 Municipal Electric Authority is relying upon a PPA, which was included in Attachments 2 & 3 of the DFS report.
4 Oglethorpe Power Corporation executed a revised Trust Agreement in August 2010, which was provided to the NRC in March 2010 (ML101090080).
Signature: Michael Purdie, Jo Ann Simpson Date: 07/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Secondary Review: Kosmas Lois, 8/5/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Vogtle (Alvin W.) Nuclear Plant, Unit 1 Docket Number: 50-424 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 1 16 2047 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx PWR 3625 $105,000,000 112.8 1.98 0.65 2.23 1.675 191.3 114.2 3.074 252.1 82.0 0.13 2.263 0.22 12.28 NRC Minimum: $466,987,774 Site Specific:
Amount of NRC Minimum/Site Licensee: % Owned: Category Specific: Amount in Trust Fund:
Georgia Power Company 45.70% 1 $213,413,413 $104,335,000 Oglethorpe Power Corporation 30.00% 1 $140,096,332 $53,650,686 Municipal Electric Authority 22.70% 1 $106,006,225 $81,287,554 Dalton Utilities 1.60% 1 $7,471,804 $8,705,177 Total Fund Balance: $247,978,417 Step 1:
Earnings Credit:
Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:
$247,978,417 2% 36.04 $506,271,309 YES Step 2:
Accumulation:
Value of Annuity per year (amount/See Annuity Real Rate of Return Number of Annual Sheet) per year Payments: Total Annuity:
2% $0 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 2:
$0 2% 36.04 $0 Total Step 1 + Step 2 Does Licensee Pass:
$506,271,309 YES Step 3:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$506,271,309 2% 7 $37,637,644 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:
$543,908,953 YES NO Signature: Michael Purdie, Jo Ann Simpson Date: 07/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Secondary Review: Kosmas Lois, 8/5/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Vogtle (Alvin W.) Nuclear Plant, Unit 1 Docket Number: 50-424 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 1 16 2047 If licensee is granted greater than 2% RRR Step 4:
Earnings Credit:
Real Rate Years Left Owner Trust Fund Balance: of Return in License Total Earnings: Does Licensee Pass:
Georgia Power Company $104,335,000 2.00% 36.04 $506,271,309 YES Oglethorpe Power Corporation $53,650,686 2.00%
Municipal Electric Authority $81,287,554 2.00%
Dalton Utilities $8,705,177 2.00%
Step 5:
Accumulation:
Real Rate of Return Number of Annual Value of Annuity per year per year Payments: Total Annuity:
$0 0.00% 0 #DIV/0!
Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 5
$0 0.00% 36.04 $0 Total Step 4 + Step 5 Does Licensee Pass:
$506,271,309 YES Step 6:
Decom Period:
Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:
$506,271,309 2.00% 7 $37,637,644 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:
$543,908,953 YES NO Signature: Michael Purdie, Jo Ann Simpson Date: 07/18/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Secondary Review: Kosmas Lois, 8/5/2011 Formulas verified by: Clayton Pittiglio
