ML19270F263
| ML19270F263 | |
| Person / Time | |
|---|---|
| Site: | Shoreham File:Long Island Lighting Company icon.png |
| Issue date: | 01/23/1979 |
| From: | Varga S Office of Nuclear Reactor Regulation |
| To: | Wofford A LONG ISLAND LIGHTING CO. |
| References | |
| NUDOCS 7902060075 | |
| Download: ML19270F263 (7) | |
Text
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E' UNITED STATES
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NUCLEAR REGULATORY CCMMISSION 3
WASHINGTON, D. C. 20555
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JAN 2 31979 Docket No:
50-322 Long Island Lighting Company ATTN:
Mr. Andrew W. Wofford Vice President 175 East Old Country Road Hicksville, New York 11801 Gentlemen:
SUBJECT:
REQUEST FOR ADDITIONAL INFORMATION - SHOREHAM NUCLEAR POWER STATION In order to complete our review of the Shoreham application, we require adequate responses to the enclosed requests for additional information.
If you have any questions on this matter, please contact us.
Sin c e r e ly,.,
/
CUttL l1 Limit even A. Varga, Chie4~
Light Water Reactors) Branch No. 4 Division of Project Management
Enclosure:
Request for Additional Information cc:
See next page 790206CO7f
!AN 2 31979 Long Island Lighting Company Howard L. Blau Blau and Cohn, P.C.
380 North Broadway Jericho, New York
- 11753, Jeffrey Cohen, Esq.
Deputy Commissioner and Counsel New York State Energy Office Agency Building 2 Dnpire State Plaza Albany, New York 12223 Energy Research Group, Inc.
400-1 Totten Pond Road Waltham, Mass. 02154 Irving Like, Esq.
Reilly, Like and Schnieder 200 West Main Street Babylong, New York i.1702 J. P. Novarro Project Manager Shoreham Nuclear Power Station P. O. Box 618 Wading River, New York 11792 W. Taylor Reveley, III, Esq.
Hunton & Williams P. O. Box 1535 Richmond, VA 23212 Ralph Shapiro, Esq.
Cammer & Shapiro No. 9 East 40th Street New York, New York 10016 Edward J. Walsh, Esq.
General Attorney Long Island Lighting Company 250 Old Country Road Mineola, New York 11501 s
JAN 2 3 ;g79 SHOREHAM NUCLEAR POWER STATION, UNIT NO. 1 DOCKET NO. STN 50-322 REQUEST FOR ADDITIONAL FINANCIAL INFORMATION 1.
a.
Indicate the estimated annual cost by year to operate 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 pro ~ acted plant capacity of the unit 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.
2.
Indicate the estimated costs of permanently shutting down the facility, stating what is included in such costs, the assumptions made in esti-mating the costs, the type of shutdown contemplated and the expected source of fuilds to cover these costs.
3.
Provide an estimate of the annual cost to maintain the shutdown of the facility in a safe condition.
Indicate what is included in the estimate, assumptions made in estimating costs and the expected source of funds to cover these costs.
Provide copies of the prospectus for the most recent security 4.
a.
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.
Describe the nature and amount of the applicant's most recent c.
rate relief action (s).
In addition, indicate the nature acd amount of any pending rate relief action (s). Use the attached form to provide this information. Provide copies of the submitted
JAN 2 01979 2-financially-related testimony and exhibits of the staff and company in the most rece.it 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 therein.
d.
Complete the enclosed fom entitled, " Financial Statistics," for the most recently available period and the calendar years 1977,1976 and 1975.
O
JAN 2 31979 ATTACHMENT FOR ITEM NO.
1.a.
ESTIMATED ANNUAL COST OF OPERATING NUCLEAR GENERATING UNIT: SHOREHAM NUCLEAR POWER STATION, UNIT NO.1 FOR THE CALENDAR YEAR 19 _
(thousands of dollars)
Operation and maintenance expenses Nuclear oower generation Nuclear fuel expense (plant factor
%)...........$
Other operating expenses.....................
Maintenance exoenses.......................
Total uclear power generation.............
Transmission expenses........................
Administrative and general exoenses Property and liability insurance.................
Other A.&G. expenses.......................
Total A.&G. expenses....................
TOTAL O&M EX PENSES.....................
Depreciation expense.........................
Taxes other than income taxes Property taxes...........................
Other................................
Total taxes other than income taxes...........
Income taxes - Federal........................
Income taxes - other.........................
Deferred income taxes - net Investment tax credit adjustments - net..
Return (rate of return:
%)..................
TOTAL ANNUAL COST OF OPERATION
JAN 231979 ATTACHMENT FOR ITEM NO. 4.c.
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 Cate 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)
Pendino Recuests 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 bate requested Amount of construction work in progress requested for inclusion in rate base
ATTACHMENT FOR ITEM NO. 4.d.
FINANCIAL STATISTICS
- 9 3 1979
~
12 months' ended 1977 1976 1975 (collars in millions)
Earnings available to ccamon 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 inccme (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 Poor's Moody's Times interest and preferred dividends earned after FIT:
Gross income (both including and excluding AFCC) + 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.
Ccmmon dividends Ratio Short-term debt Bank leans Commercial paper Caci:ali:ation (Amour.- & Percent)
Long-term debt Preferred stock C mmen equity
- If subsidiary company, use parent's data.
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