ML17146A905
| ML17146A905 | |
| Person / Time | |
|---|---|
| Site: | Palo Verde, San Onofre  |
| Issue date: | 05/24/2017 |
| From: | Morgan M Southern California Edison Co |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| References | |
| Download: ML17146A905 (4) | |
Text
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An EDISON INTERNATIONAL~* Company May 24, 2017 A TIN: Document Control Desk U. S. Nuclear Regulatory Commission Washington, D.C. 20555-0001
Subject:
Annual Report of Guarantee of Payment of Deferred Premium San Onofre Nuclear Generating Station Units 2 and 3 Docket Nos. 50-361, 50-362 Palo Verde Nuclear Generating Station Units 1, 2, and 3 Docket Nos. 50-528, 50-529, and 50-530
Dear Sir or Madam:
Mark Morgan Regulatory Affairs 10 CFR 140.21 10 CFR 140.21 requires Southern California Edison (SCE), as agent for the participants of the San Onofre Nuclear Generating Station Units 2 and 3 and SCE's 15.8% ownership share of Palo Verde Units 1, 2, and 3, to provid~ evidence that it maintains a guarantee of payment of deferred premium in an amount of $18.963 million for each reactor SCE is licensed to operate.
In accordance with option (e) of 10 CFR 140.21 and with 10 CFR 50.71(b), SCE has provided its quarterly Form 10-Q report to the Securities arid Exchange Commission in lieu of an annual certified financial statement.
SCE is providing the enclosed 2016 Internal Cash Flow Statement which is from the consolidated financial statements included in SCE's 2016 Annual Report.
There are no commitments contained in this letter or its enclosure.
Should you have any questions or require additional information, please contact me at (949) 368-6745.
Sincerely, A,;__~
Enclosure:
2016 Internal ca*sh Flow Statement cc:
K. Kennedy, Regional Administrator, NRC Region IV M. G. Vaaler, NRC Project Manager, SONGS Units 1, 2 and 3
Enclosure 2016 Internal Cash Flow Statement
SOUTHERN CALIFORNIA EDISON COMPANY Net Income After Taxes Dividends Paid Retained Earnings Adjustments:
2016 Internal Cash Flow (Dollars in Millions)
Depreciation & Decommissioning Net Deferred Taxes & ITC Allowance for Funds Used During Construction Total Adjustments Internal Cash Flow Average Quarterly Cash Flow Percentage Participation in All Nuclear Units:
San Onofre Nuclear Generating Station Units 2 & 3 Southern California Edison Company San Diego Gas & Electric Company City of Anaheim City of Riverside Percentage Ownership in All Nuclear Units:
Palo Verde Nuclear Generating Station Units 1, 2 & 3 Southern California Edison Company Maximum Total Contingent Liability:
San Onofre. Nuclear Generating Station Unit 2 Southern California Edison Company San Diego Gas & Electric Company City of Anaheim City of Riverside TOTAL San Onofre Nuclear Generating Station Unit 3 Southern California Edison Company San Diego Gas & Electric Company City of Anaheim City of Riverside TOTAL 2016 Actual
$1,499
($824)
$675
$2,085
$88 am
$2,076
$2,751
$688 75.7419%
20.0000%
2.4681%
1.7900%
15.8000%
14.363 3.793 0.468 0.339 18.963 <1>
14.363 3.793 0.468 0.339 18.963 <1>
Palo Verde Nuclear Generating Station Unit 1 Southern California Edison Company Other Co-Owners TOTAL Palo Verde Nuclear Generating Station Unit 2 Southern California Edison Company Other Co-Owners TOTAL Palo Verde Nuclear Generating Station Unit 3 Southern California Edison Company Other Co-Owners TOTAL Total Southern California Edison Company Contingent Liability 2.996 <2>
15.967 18.963 2.996 <2>
15.967 18.963 2.996 <2>
15.967 18.963 37.714
<1> The value represents 100% of the San Onofre Annual Per Incident Contingent Liability. The Maximum Total Contingent Liability was increased to $18.963 (Dollars in Millions) per reactor, as announced in the Federal Register, Volume 78, No.134: Friday July 12, 2013, Pages 41835-36 and became effective on September 10, 2013.
<2> The value represents 15.8% (SCE's Share) of the Palo Verde Annual Per Incident Contingent Liability.