ML12090A562

(Vcsns), Guarantee of Payment of Deferred Premiums Annual 10CFR140.21(e) Report

ML12090A562
Person / Time
Site:	Summer
Issue date:	03/28/2012
From:	Gatlin T South Carolina Electric & Gas Co
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
Download: ML12090A562 (4)

Text

Attachment 2 Contains SCE&G Proprietary Information A SCANA COMPANY Thomas D. Gatlin Vice President, Nuclear Operations 803.345.4342 March 28, 2012 U. S. Nuclear Regulatory Commission Document Control Desk Washington, DC 20555

Subject:

VIRGIL C. SUMMER NUCLEAR STATION (VCSNS)

DOCKET NO. 50/395 OPERATING LICENSE NO. NPF-12 GUARANTEE OF PAYMENT OF DEFERRED PREMIUMS ANNUAL 10CFR140.21(e) REPORT In accordance with 10CFR140.21 (e), South Carolina Electric & Gas Company (SCE&G) is hereby submitting the required 2011 actual and 2012 projected cash flow statements.

Portions of the 2012 cash flow information are considered company confidential, and as such, we request that it be withheld from public disclosure pursuant to 10CFR2.390(b)(1). The affidavit to support this request is provided as Attachment 1. Proprietary and non-proprietary versions of the cash flow information are provided by Attachment 2 and Attachment 3 respectively.

Should you have any questions, please contact Mrs. Donna Railey at (803) 345-4107.

Very truly yours, Thomas D. Gatlin DWR/TDG/sr Attachments (3)

1. SCE&G Affidavit to Request Withholding of Proprietary Information from Public Disclosure

2. SCE&G's 2011 Actual Cash Flow and 2012 Projected Cash Flow (Proprietary Version)

3. SCE&G's 2011 Actual Cash Flow and 2012 Projected Cash Flow (Non-Proprietary Version) c:

K. B. Marsh S. A. Byrne J. B. Archie N. S. Cams J. H. Hamilton R. J. White W. M. Cherry V. M. McCree R. E. Martin NRC Resident Inspector K. M. Sutton NSRC RTS (LTD 202)

File (818.02-4, RR 8175)

DMS (RC-12-0053) Contains SCE&G Proprietary Information This letter forwards Proprietary Information in accordance with 10 CFR 2.390. The balance of this letter may be considered non-proprietary upon removal of Attachment 2.

Virgil C. Summer Station. Post Office Box 88 - Jenkinsville, SC. 29065 - F (803) 345-5209

~Q~t

Document Control Desk, USNRC LTD 202 RC-12-0053 Page 1 of 2 UNITED STATES NUCLEAR REGULATORY COMMISSION SOUTH CAROLINA ELECTRIC & GAS COMPANY OPERATING LICENSE NO. NPF-12 VIRGIL C. SUMMER NUCLEAR STATION DOCKET NO. 50/395 Request to Withhold Proprietary Information from Public Disclosure South Carolina Electric & Gas Company, a South Carolina corporation, hereby requests that to the letter entitled "Guarantee of Payment of Deferred Premiums Annual 10CFR140,21 (e) Report" dated March 28, 2012, be withheld from public disclosure due to its proprietary nature. The details of this request are provided in the following affidavit:

AFFIDAVIT I, Thomas D. Gatlin, being duly sworn, depose and state as follows:

(1)

I am Vice President, Nuclear Operations, South Carolina Electric & Gas Company (SCE&G) and have been delegated the function of reviewing the information described in paragraph (2) which is sought to be withheld, and have been authorized to apply for its withholding.

(2)

The information sought to be withheld consists of portions of the 2012 Projected Cash Flow that is included in Attachment 2 to SCE&G's March 28, 2012 letter to the NRC entitled "Guarantee of Payment of Deferred Premiums Annual 10CFR140.21(e) Report"., a one-page document, has the words "Proprietary Version" on the top and bottom of the page.

(3)

In making this application for withholding of proprietary information of which it is the owner, SCE&G relies upon the exemption from disclosure set forth in the NRC regulation 10 CFR 2.390(b)(1) for confidential financial information.

(4)

Justification for the request for withholding from public disclosure is provided by addressing the five items identified in 10 CFR 2.390(b)(4).

To the best of my knowledge and belief:

a.

This information is considered company confidential and has been held in confidence by SCE&G.

b.

This information is of the type customarily held in confidence by SCE&G and the rationale basis is that it would provide an unfair advantage to competitors if it were disclosed.

Document Control Desk, USNRC LTD 202 RC-12-0053 Page 2 of 2

c.

This information is transmitted in confidence to the NRC and the purpose of this request is to maintain its confidentiality.

d.

The 2012 projected cash flow information is not available from public sources.

e.

Public disclosure of the information sought to be withheld is likely to cause harm to SCE&G's competitive position and reduce the availability of profit-making opportunities.

This letter contains no restricted or other defense information.

I certify under penalty of perjury that the foregoing is true and correct.

SOUTH CAROLINA ELECTRIC & GAS COMPANY

[2

, 2-By______

Executedi on Thomas D. Gatlin Vice President, Nuclear Operations

Document Control Desk, USNRC LTD 202 RC-12-0053 Page 1 of 1 NON-PROPRIETARY VERSION SOUTH CAROLINA ELECTRIC & GAS COMPANY INTERNAL CASH FLOW PROJECTION FOR V. C. SUMMER NUCLEAR POWER STATION Excludes SC Generating Company (MILLIONS OF DOLLARS)

PRIOR YEAR 2011 ACTUAL TOTAL 306 (198) 108 PROJECTION YEAR 2012 TOTAL NET INCOME AFTER TAXES LESS DIVIDENDS PAID RETAINED EARNINGS ADJUSTMENTS DEPRECIATION AND AMORTIZATION DEFERRED INCOME TAXES AND INVESTMENT TAX CREDITS ALLOWANCE FOR FUNDS USED DURING CONSTRUCTION TOTAL ADJUSTMENTS INTERNAL CASH FLOW AVERAGE QUARTERLY CASH FLOW 309 75 Withheld from public disclosure per Affidavit (21) 363 471 118 NON-PROPRIETARY VERSION