ML112380108
| ML112380108 | |
| Person / Time | |
|---|---|
| Site: | Surry  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112380108 (5) | |
Text
Datasheet 1 Signature: Jo Ann Simpson/ Mike Purdie Date: 06/20/2011 Secondary Review: K. Lois 7/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned: Category:
100.00%
1 3
4 2.00%
N Y
N N
Y 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 Virginia Electric and Power Company Licensee:
$270,700,000 Amount in Trust Fund:
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 Post-RAI Rates Determined (Y/N)
Y
$434,800,000 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
$270,700,000 Real Rate of Return PUC Verified (Y/N)
Total Trust Fund Balance Plant name:
Surry Power Station, Unit 2 50-281 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):
Escalation Rate Allowed through Decom (Y/N)
Datasheet 2 Signature: Jo Ann Simpson/ Mike Purdie Date: 06/20/2011 Secondary Review: K. Lois 7/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 1
PWR 2587
$97,765,600 112.8 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%
22.08 See Annuity Sheet See Annuity Sheet 2%
7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Surry Power Station, Unit 2 Docket Number:
Date of Operation:
Latest Month Fx
$432,982,333 Years remaining after annuity Px 50-281 29 31 Termination of Operations:
2033 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$434,682,511 NRC Minimum:
$434,682,511 Trust Fund Balance:
Step 1:
Fx Site Specific:
Total Step 2:
23 Years Left in License N/A Real Rate of Return per year Does Licensee Pass:
NO See Total Step 2
$32,189,134 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 Virginia Electric and Power Company Total Annuity:
Step 3:
$270,700,000 Amount in Trust Fund:
$13,839,938 Total Earnings:
$419,142,396 Real Rate of Return per year Total of Steps 1 thru 3:
See Annuity Sheet Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$270,700,000 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$270,700,000 Total Step 1 + Step 2
$432,982,333 NO Shortfall:
NO Does Licensee Pass:
Does Licensee Pass:
YES
$465,171,467
Datasheet 2 Signature: Jo Ann Simpson/ Mike Purdie Date: 06/20/2011 Secondary Review: K. Lois 7/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 1
2010 Year:
Surry Power Station, Unit 2 Docket Number:
Date of Operation:
50-281 29 31 Termination of Operations:
2033 Day Plant name:
2.00%
22.08 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
$13,839,938 Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License YES
$32,189,134 Total Step 5 Total of Steps 4 thru 6:
$465,171,467 Does Licensee Pass:
Total Earnings:
N/A 23
$432,982,333 See Annuity Sheet See Total Step 4 Decom Period:
Step 6:
$432,982,333 See Total Step 4 Does Licensee Pass:
Real Rate of Return per year NO Total Step 4 + Step 5 Total Earnings for Decom:
Decom Period:
Real Rate of Return per year Accumulation:
Value of Annuity per year
$270,700,000 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$419,142,396 NO If licensee is granted greater than 2% RRR
Datasheet 2 Signature: Jo Ann Simpson/ Mike Purdie Date: 06/20/2011 Secondary Review: K. Lois 7/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
29 2033 Year Annuity:
2011
$479,050 2%
$741,768 2012
$479,050 2%
$727,223 2013
$479,050 2%
$712,964 2014
$479,050 2%
$698,984 2015
$479,050 2%
$685,279 2016
$479,050 2%
$671,842 2017
$479,050 2%
$658,668 2018
$479,050 2%
$645,753 2019
$479,050 2%
$633,092 2020
$479,050 2%
$620,678 2021
$479,050 2%
$608,508 2022
$479,050 2%
$596,576 2023
$479,050 2%
$584,879 2024
$479,050 2%
$573,411 2025
$479,050 2%
$562,167 2026
$479,050 2%
$551,144 2027
$479,050 2%
$540,338 2028
$479,050 2%
$529,743 2029
$479,050 2%
$519,356 2030
$479,050 2%
$509,172 2031
$479,050 2%
$499,188 2032
$479,050 2%
$489,400 2033
$479,050 2%
$479,804 Total:
$13,839,938 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Jo Ann Simpson/ Mike Purdie Date: 06/20/2011 Secondary Review: K. Lois 7/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
29 2033 ANNUITY Termination of Operations:
Year Annuity:
2011
$479,050 2.00%
$741,768 2012
$479,050 2.00%
$727,223 2013
$479,050 2.00%
$712,964 2014
$479,050 2.00%
$698,984 2015
$479,050 2.00%
$685,279 2016
$479,050 2.00%
$671,842 2017
$479,050 2.00%
$658,668 2018
$479,050 2.00%
$645,753 2019
$479,050 2.00%
$633,092 2020
$479,050 2.00%
$620,678 2021
$479,050 2.00%
$608,508 2022
$479,050 2.00%
$596,576 2023
$479,050 2.00%
$584,879 2024
$479,050 2.00%
$573,411 2025
$479,050 2.00%
$562,167 2026
$479,050 2.00%
$551,144 2027
$479,050 2.00%
$540,338 2028
$479,050 2.00%
$529,743 2029
$479,050 2.00%
$519,356 2030
$479,050 2.00%
$509,172 2031
$479,050 2.00%
$499,188 2032
$479,050 2.00%
$489,400 2033
$479,050 2.00%
$479,804 Total:
$13,839,938 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation