ML19261B333

Requests Addl Financial Info to Continue Review of Facility Fsar.General & Financial Portions of Application Should Be Amended to Reflect Addl Info as Specified in Encl

ML19261B333
Person / Time
Site:	LaSalle
Issue date:	01/29/1979
From:	Parr O Office of Nuclear Reactor Regulation
To:	Brian Lee COMMONWEALTH EDISON CO.
References
NUDOCS 7902150338
Download: ML19261B333 (7)

Text

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f UNITED STATES

[g NUCLEAR REGULATORY COMMISSION

?>,$

j WASHINGTON, 0. C. 20555 o, 50%

JAN 2 b U79 Docket Nos.

50-373 and 50-374 Mr. Byron Lee, Jr.

Vice President Commonwealth Edison Company P. O. Box 767 Chicago, Illinois 60690

SUBJECT:

REQUESTS FOR ADDITIONAL FINANCIAL INFORMATION - LA SALLE COUNTY STATION, UNITS 1 & 2 As part of our continuing review of the La Salle Final Safety Analysis Report, we find that we need additional financial information to continue our evaluation.

You should amend the general and financial portion of your application with additional information as specified in the Enclosure.

Please inform us after receipt of this letter of the date you can supply the requested information so that we may factor that date into our review schedule.

Please contact us if you desire any discussions or clarification of the information requested.

Sincerely, arr D ef Light Water Reactors Branch No. 3 Division of Project Management

Enclosure:

As Stated cc w/ enclosure:

See next page

se Mr. Byron Lee, J r. -

cc: Richard E. Powell, Esq.

Isham, Lincoln & Beale One First National Plaza 2400 Chicago, Illinois 60670 Dean Hansell, Esq.

Assistant Attorney General State of Illinois 188 West Randolph Street Suite 2315 Chicago, Illinois 60601

_ ENCLOSURE REQUEST FOR ADDITIONAL INFORMATION LASALLE, UNIT NOS.1 AND 2 DOCKET NOS.

50-373 AND 50-374 410.1.a.

Indicate the estimated annual cost by year to operate each unit of the subject facility for the first five full years of commercial operation. The types of costs included in the estimates should be indicated and include (but not necessarily be limited to) operation and maintenance expense (with fuel costs shown separately), depre-ciation, taxes and a reasonable return on investment.

(Enclosed is a form which should be used for each year of the five year period.)

Indicate the projected plant capacity for each of the units for each of the above years.

b.

Indicate the unit price per kWh experienced by each applicant on system-wide sales of electric power to all customers for the most recent twelve month period.

410.2.

Indicate the estimated costs of permanently shutting down each unit of the facility, stating what is included in such costs, the assump-tions made in estimating the costs, the type of shutdown contemplated and the expected source of funds to cover these costs.

410.3.

Provide an estimate of the annual cost to maintain each unit of the facility in a safe shutdown condition.

Indicate what it included in the estimate, assumptions made in estimating costs and the expected source of funds to cover these costs.

410.4. a.

Provide copies of the prospectus for the most recent security issue and copies of the most recent SEC Form 10-K.

Provide copies of the preliminary prospectus for any pending security issue. Submit copies of the Annual Report to Stockholders each year as required by 10 CFR 50.71(b).

b.

Describe aspects of the applicant's regulatory environment including, but not necessarily limited to, the following:

prescribed treatment of allowance for funds used during con-struction and construction work in progress; form of rate base (original cost, fair value, other); accounting for de-ferred income taxes and investment tax credits; fuel adjust-ment clauses in effect or proposed; historical; partially projected, or fully projected test year.

c.

Describe the nature and amount of the applicant's most recent rate relief action (s).

In addition, indicate the nature and

' amount of any pending rate relief action (s). Use the attached form to provide this information. Provide copies of the submitted O

se 2-financially-related testimony and exhibits of the staff and company in the most recent rate relief action or pending action.

Furnish copies of the hearing examiner's report and recommendation, and final opinion last issued with respect to each participant, including all financial exhibits referred therei.i.

d.

Complete the enclosed form entitled, " Financial Statistics," for the most recently available period and the calendar years 1977, 1976 and 1975 referred to therein.

O

MP ATTACHMENT FOR ITEM NO.1.a.-

ESTIMATED ANNUAL COST OF OPERATING NUCLEAR GENERATING UNIT: La Salle, Unit No.

FOR THE CALENDAR YEAR 19_

(thousands of dollars)

Operation and maintenance expenses Nuclear power generation Nuclear fuel expense (plant factor

%)...........$

Other opera ting expenses.....................

Maintenance expenses.......................

Total nuclear power generation.............

Transmission expenses........................

Administrative and general expenses Property and liability insurance.................

Other A.&G. expenses.......................

Total A.&G. expenses....................

TOTAL O&M EXPENSES.....................

Deprecia tion expense.........................

Taxes other than income taxes P ro p e r ty t a x e s...........................

Other................................

Total taxes other than income taxes...........

Income taxes - Federal........................

Income taxes - other.........................

Deferred income taxes - net Investment tax credi t adjustments - net................

Return (rate of return:

%)..................

TOTAL ANNUAL COST OF OPERATION

s ATTACR4ENT FOR ITEM NO. 4A-RATE DEVELOPMENTS Electric Gas Steam Granted Test year utilized Annual amount of revenue increase requested-test year basis (000's)

Date petition filed Annual amount of revenue increase allowed-test year basis (000's)

Percent increase in revenues allowed Date of final order Effective date Rate base finding (000's)

Construction work in progress included in Rate base (000's)

Rate of return on rate base authorized Rate of return on common equity authorized Revenue Effect (000's)

Amount received in year granted

~

Amount received in subsequent year (If not available, annualize amounts received in year granted)

Pending Requests Test year utilized Amount (000's)

Percent increase Date petition filed Date by which decision must be issued Rate of return on rate base requested Rate of return on common equity requested Amount of rate base requested Amount of construction work in progress requested for inclusion in rate base 9

ATTACHMENT FOR ITEM N0. 4.d.

FINANCIAL STATISTICS e

12 months' endec 1977 1976 1975 (dollars in millions)

Earnings available to common equity Average common equity Rate of return on average common equity Times total interest earned before FIT:

Gross income (both including and excluding AFDC) + current and deferred FIT + total interest charges + amortization of debt discount and expense Times long-term interest earned before FIT:

Gross income (both including and excluding AFDC) + current and deferred FIT + long-term interest charges + amortization of debt discount and expense Bond ratings (end of period)

Standard and 'cor's Moody's Times interest and preferred dividends earned after FIT:

Gross income (both including and excluding AFDC) + total interest charges + amortization of debt discount and expense + preferred dividends.

AFUDC Net income after preferred dividends Market price of common Book value of common Market-book ratio (end of period)*

Earnings avail. for common less AFDC +

depreciation and amortization, deferred taxes, and invest. tax credit adjust.-

deferred.

Common dividends Ratio Short-term debt Bank loans Commercial paper Capitali:ation (Amount & Percent) long-term debt Preferred stock Common equity

• If subsidiary company, use parent's data.