ML112380023
| ML112380023 | |
| Person / Time | |
|---|---|
| Site: | Watts Bar  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112380023 (5) | |
Text
Datasheet 1 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/7/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
100.00%
1 3
4 9.00%
4.00%
5.00%
N Y
Y Y
Y Y
5 6
Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 Allowed through Decom (Y/N)
Total Trust Fund Balance Post-RAI Rates Determined (Y/N)
Any material changes to trust agreements? (Y/N)
Plant name:
Watts Bar Nuclear Plant, Unit 1 50-390 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):
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)
Escalation Rate N
N Y
$467,000,000 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
$105,790,000 Real Rate of Return PUC Verified (Y/N)
TVA Licensee:
$105,790,000 Amount in Trust Fund:
Datasheet 2 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/7/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 11 PWR 3459
$105,000,000 112.8 1.98 0.65 2.23 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28
% Owned:
Category 100.00%
1 2%
24.86 See Annuity Sheet See Annuity Sheet 2%
7
$276,936,203
($189,911,683)
Shortfall:
NO Does Licensee Pass:
Does Licensee Pass:
NO Total of Steps 1 thru 3:
See Annuity Sheet Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$105,790,000 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$105,790,000 Total Step 1 + Step 2
$257,772,654
$19,163,550 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 TVA Total Annuity:
Step 3:
$105,790,000 Amount in Trust Fund:
$84,705,814 Total Earnings:
$173,066,840 Real Rate of Return per year Fx Site Specific:
Total Step 2:
Years Left in License N/A Real Rate of Return per year Does Licensee Pass:
NO See Total Step 2
$257,772,654 Years remaining after annuity Px 50-390 9
31 Termination of Operations:
2035 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$466,847,886 NRC Minimum:
$466,847,886 Trust Fund Balance:
Step 1:
Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Watts Bar Nuclear Plant, Unit 1 Docket Number:
Date of Operation:
Latest Month Fx
Datasheet 2 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/7/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 11 50-390 9
31 Termination of Operations:
2035 Day Plant name:
2010 Year:
Watts Bar Nuclear Plant, Unit 1 Docket Number:
Date of Operation:
5.00%
24.86 See Annuity Sheet See Annuity Sheet 5.00%
7 Real Rate of Return per year Accumulation:
Value of Annuity per year
$105,790,000 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$355,741,192 NO If licensee is granted greater than 2% RRR YES
$98,749,642 Total Step 5 Total of Steps 4 thru 6:
$583,886,166 Does Licensee Pass:
Total Earnings:
N/A 0
$485,136,524 See Annuity Sheet See Total Step 4 Decom Period:
Step 6:
$485,136,524 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:
Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License Shortfall:
NO Real Rate of Return per year Years remaining after annuity
$129,395,332 Earnings Credit:
Step 4:
Datasheet 2 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/7/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 11 9
2035 Year Annuity:
2011
$2,600,000 2%
$4,253,597 2012
$2,600,000 2%
$4,170,193 2013
$2,600,000 2%
$4,088,425 2014
$2,600,000 2%
$4,008,259 2015
$2,600,000 2%
$3,929,666 2016
$2,600,000 2%
$3,852,614 2017
$2,600,000 2%
$3,777,072 2018
$2,600,000 2%
$3,703,012 2019
$2,600,000 2%
$3,630,404 2020
$2,600,000 2%
$3,559,220 2021
$2,600,000 2%
$3,489,431 2022
$2,600,000 2%
$3,421,011 2023
$2,600,000 2%
$3,353,932 2024
$2,600,000 2%
$3,288,169 2025
$2,600,000 2%
$3,223,695 2026
$2,600,000 2%
$3,160,485 2027
$2,600,000 2%
$3,098,515 2028
$2,600,000 2%
$3,037,760 2029
$2,600,000 2%
$2,978,196 2030
$2,600,000 2%
$2,919,800 2031
$2,600,000 2%
$2,862,549 2032
$2,600,000 2%
$2,806,420 2033
$2,600,000 2%
$2,751,393 2034
$2,600,000 2%
$2,697,444 2035
$2,600,000 2%
$2,644,553 Total:
$84,705,814 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/7/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 11 9
2035 ANNUITY Termination of Operations:
Year Annuity:
2011
$2,600,000 5.00%
$8,743,730 2012
$2,600,000 5.00%
$8,327,362 2013
$2,600,000 5.00%
$7,930,821 2014
$2,600,000 5.00%
$7,553,163 2015
$2,600,000 5.00%
$7,193,489 2016
$2,600,000 5.00%
$6,850,941 2017
$2,600,000 5.00%
$6,524,706 2018
$2,600,000 5.00%
$6,214,006 2019
$2,600,000 5.00%
$5,918,101 2020
$2,600,000 5.00%
$5,636,286 2021
$2,600,000 5.00%
$5,367,892 2022
$2,600,000 5.00%
$5,112,278 2023
$2,600,000 5.00%
$4,868,836 2024
$2,600,000 5.00%
$4,636,987 2025
$2,600,000 5.00%
$4,416,178 2026
$2,600,000 5.00%
$4,205,884 2027
$2,600,000 5.00%
$4,005,604 2028
$2,600,000 5.00%
$3,814,861 2029
$2,600,000 5.00%
$3,633,201 2030
$2,600,000 5.00%
$3,460,191 2031
$2,600,000 5.00%
$3,295,420 2032
$2,600,000 5.00%
$3,138,495 2033
$2,600,000 5.00%
$2,989,043 2034
$2,600,000 5.00%
$2,846,708 2035
$2,600,000 5.00%
$2,711,150 Total:
$129,395,332 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation