ML112380102
| ML112380102 | |
| Person / Time | |
|---|---|
| Site: | Summer |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112380102 (5) | |
Text
Datasheet 1 Signature: Michael Purdie and Jo Ann Simpson Date: 08/09/2011 Secondary Review: Kosmas Lois 8/23/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned:
Category:
66.66%
1 33.34%
1 3
4 Variable1 Variable1 Variable1 Variable1 N
N Y
N Y
Y 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7
$95,662,377 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):
Y
$447,041,975 Total Trust Fund Balance
$91,242,951 Amount in Trust Fund:
Plant name:
Summer (Virgil C.) Nuclear Station 50-395 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
$186,905,328 Real Rate of Return PUC Verified (Y/N)
Santee Cooper SCE&G Licensee:
RAI Needed (Y/N)
PUC Verified (Y/N)
Escalation Rate Allowed through Decom (Y/N)
Post-RAI Rates Determined (Y/N)
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 N
1 Rates provided are considered variable because the rates are not consistent throughout the licensee(s) and/or years of operation/decommission.
Datasheet 2 Signature: Michael Purdie and Jo Ann Simpson Date: 08/09/2011 Secondary Review: Kosmas Lois 8/23/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 8
PWR 2900
$100,520,000 112.8 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 66.66%
1 33.34%
1 2%
31.60 See Annuity Sheet See Annuity Sheet 2%
7
$472,128,433 NO YES Shortfall:
NO Does Licensee Pass:
Does Licensee Pass:
Total of Steps 1 thru 3:
Decom Period:
Total Earnings:
Real Rate of Return per year Total Earnings for Decom:
See Annuity Sheet Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$186,905,328 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$186,905,328 Total Step 1 + Step 2
$439,457,889 Total Annuity:
Step 3:
$90,018,867 Total Earnings:
$349,439,022 Real Rate of Return per year Latest Month Px Amount of NRC Minimum/Site Specific:
BWR/PWR MWth SCE&G Santee Cooper
$149,006,143
$95,662,377
$91,242,951 Amount in Trust Fund:
Site Specific:
Total Step 2:
32 Years Left in License 0.00 Real Rate of Return per year Does Licensee Pass:
NO See Total Step 2
$439,457,889 Years remaining after annuity
$32,670,545 Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$297,922,900 NRC Minimum:
$446,929,043 Trust Fund Balance:
Step 1:
Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Summer (Virgil C.) Nuclear Station Docket Number:
Date of Operation:
Latest Month Fx Px 50-395 6
31 Termination of Operations:
2042 1986$
Day Base Fx Plant name:
Fx
Datasheet 2 Signature: Michael Purdie and Jo Ann Simpson Date: 08/09/2011 Secondary Review: Kosmas Lois 8/23/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 8
2010 Year:
Summer (Virgil C.) Nuclear Station Docket Number:
Date of Operation:
50-395 6
31 Termination of Operations:
2042 Day Plant name:
2.00%
31.60 2.00%
31.60 Total:
See Annuity Sheet See Annuity Sheet 2.00%
7 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return Total Earnings:
$170,588,222 Earnings Credit:
Step 4:
Does Licensee Pass:
Total Earnings:
0.00 32
$439,457,889 See Annuity Sheet See Total Step 4 Decom Period:
Step 6:
$439,457,889 See Total Step 4 NO Total Step 4 + Step 5 Total Earnings for Decom:
Decom Period:
Shortfall:
NO NO If licensee is granted greater than 2% RRR Licensee Name SCE&G Santee Cooper
$95,662,377
$178,850,800
$349,439,022 YES
$32,670,545 Total Step 5 Total of Steps 4 thru 6:
$472,128,433 Total Annuity Does Licensee Pass:
Real Rate of Return per year Real Rate of Return per year Does Licensee Pass:
Trust Fund Balance:
Years Left in Accumulation:
Value of Annuity per year
$91,242,951 Real Rate of Return per year Years remaining after annuity
$90,018,867
Datasheet 2 Signature: Michael Purdie and Jo Ann Simpson Date: 08/09/2011 Secondary Review: Kosmas Lois 8/23/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 8
6 2042 Year Annuity:
2011
$2,017,022 2%
$3,771,153 2012
$2,017,022 2%
$3,697,208 2013
$2,017,022 2%
$3,624,714 2014
$2,017,022 2%
$3,553,641 2015
$2,017,022 2%
$3,483,962 2016
$2,017,022 2%
$3,415,649 2017
$2,017,022 2%
$3,348,676 2018
$2,017,022 2%
$3,283,015 2019
$2,017,022 2%
$3,218,642 2020
$2,017,022 2%
$3,155,532 2021
$2,017,022 2%
$3,093,659 2022
$2,017,022 2%
$3,032,999 2023
$2,017,022 2%
$2,973,528 2024
$2,017,022 2%
$2,915,224 2025
$2,017,022 2%
$2,858,062 2026
$2,017,022 2%
$2,802,022 2027
$2,017,022 2%
$2,747,080 2028
$2,017,022 2%
$2,693,216 2029
$2,017,022 2%
$2,640,408 2030
$2,017,022 2%
$2,588,635 2031
$2,017,022 2%
$2,537,878 2032
$2,017,022 2%
$2,488,115 2033
$2,017,022 2%
$2,439,329 2034
$2,017,022 2%
$2,391,499 2035
$2,017,022 2%
$2,344,607 2036
$2,017,022 2%
$2,298,634 2037
$2,017,022 2%
$2,253,563 2038
$2,017,022 2%
$2,209,375 2039
$2,017,022 2%
$2,166,054 2040
$2,017,022 2%
$2,123,582 2041
$2,017,022 2%
$2,081,944 2042
$1,766,162 2%
$1,787,264 Total:
$90,018,867 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Michael Purdie and Jo Ann Simpson Date: 08/09/2011 Secondary Review: Kosmas Lois 8/23/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 8
6 2042 ANNUITY Termination of Operations:
Year Annuity:
2011
$2,017,022 2.00%
$3,771,153 2012
$2,017,022 2.00%
$3,697,208 2013
$2,017,022 2.00%
$3,624,714 2014
$2,017,022 2.00%
$3,553,641 2015
$2,017,022 2.00%
$3,483,962 2016
$2,017,022 2.00%
$3,415,649 2017
$2,017,022 2.00%
$3,348,676 2018
$2,017,022 2.00%
$3,283,015 2019
$2,017,022 2.00%
$3,218,642 2020
$2,017,022 2.00%
$3,155,532 2021
$2,017,022 2.00%
$3,093,659 2022
$2,017,022 2.00%
$3,032,999 2023
$2,017,022 2.00%
$2,973,528 2024
$2,017,022 2.00%
$2,915,224 2025
$2,017,022 2.00%
$2,858,062 2026
$2,017,022 2.00%
$2,802,022 2027
$2,017,022 2.00%
$2,747,080 2028
$2,017,022 2.00%
$2,693,216 2029
$2,017,022 2.00%
$2,640,408 2030
$2,017,022 2.00%
$2,588,635 2031
$2,017,022 2.00%
$2,537,878 2032
$2,017,022 2.00%
$2,488,115 2033
$2,017,022 2.00%
$2,439,329 2034
$2,017,022 2.00%
$2,391,499 2035
$2,017,022 2.00%
$2,344,607 2036
$2,017,022 2.00%
$2,298,634 2037
$2,017,022 2.00%
$2,253,563 2038
$2,017,022 2.00%
$2,209,375 2039
$2,017,022 2.00%
$2,166,054 2040
$2,017,022 2.00%
$2,123,582 2041
$2,017,022 2.00%
$2,081,944 2042
$1,766,162 2.00%
$1,787,264 Total:
$90,018,867 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation