ML20033A322
| ML20033A322 | |
| Person / Time | |
|---|---|
| Site: | Wolf Creek  |
| Issue date: | 11/13/1981 |
| From: | Youngblood B Office of Nuclear Reactor Regulation |
| To: | Koester G KANSAS GAS & ELECTRIC CO. |
| References | |
| NUDOCS 8111250183 | |
| Download: ML20033A322 (9) | |
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Dist.
Docket File JPetersen NOV 131981 i LB#1 Rdg JSaltzman DEisenhut Docket Ho.: ST?t 50 482 G
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Mr. Glenn L. Moester SHanauer NSIC vice President - t!uclear RVollmer TIC S'
Kansas Gas and Electric Company TMurley ACRS (16) d 0 IS8I'* 51 201 ?! orth fiarket Street RMattson
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/ pp Dear Mr. Koester OIE (3)
/
Request for Additional Infomation for the P,eview of the
Subject:
Molf Creek Diant, Unit 1 Regarding Financial Qualifications As a result of our continuing review of the Wolf Creek Plant, Unit 1 FSAR, we find that we need additional information to complete our evaluation. The specific information required is in the area of financial qualifications and is presented in the Enclosure.
To naintain our licensine review schedule for the Wolf Creek Plant FSAR, we will need responses to the onclosed request by December 31, 1981.
If you cannot meet this date, please inform us within seven days af tea receipt of this letter of tne dato you plan to submit your responses so that we nay review our schedule for any necessary changes.
Pleaso contact Dr. G. E. Edison, Wolf Creek Licensing Project Manager, if you desire any discussion or clarification of the enclosed request.
Sincerely, inal signeabf t
, youn@l0
- h. J. Youngblood, Chief Licensinq Branch 1:o. 1 Division of Licensing
Enclosure:
As stated cc: See next page o
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Mr. Glenn f.. Koester Vice President - Nuclear
. Kansas Gas and Electric Company.
201 North Market Street Post Office Box 208 Wichita, Kansas 67201
'cci 'Mr. Nicholas A. Petrick Ms. Wanda Christy Executive Director, SNUPPS 515 N. 1st Street
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5 Choke Cherry Road' Burlington, Kansas 66839 Rockville, Maryland 20750 Eric A. Eisen, Esq.
Mr. Jay Silberg, Esquire Birch,,Horton, Bittner & Moore Shaw, Pittman, Potts & Trowbridge 1140 Connecticut Avenue, N. W.
1800 M Street, N. W.
Washington, D. C.
20036 Washington, D. C.
20036 Kansans for. Sensible En'er'gy'~ -
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T Mr.' Donald T. McPhee Post Office Box 3192 Vice President - Production Wichita, Kansas 67201
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Kansas City Power and Light Company 1330 Baltimore Avenue Post Office Box 679 Kansas City, Misspuri 64141 Ms. Mary Ellen Salva.
Route 1, Box 56 Burlington, Kansas 66839
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'A. Scott Cauger, Esq.'
Ass.istant General Counsel Public Service Commissidn P. 0.- Box 360 Jefferson City, Missouri 65102 Mr. Tom Vandel Resident Inspector / Wolf Creek NPS c/o U.S.N.R.C.
Post Office Box 311 Burlington, Kansas 66839 Mr. Michael C. Kenner Wolf Creek Project Director State Corporation Commission State of Kansas Fourth Floor, State Office Bldg.
Topeka, Kansas 66612
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ENCLOSURE
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REQUEST FOR ADDITIONAL INFORMATION u:
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I 320.0WC Office of State Programs 320.1WC (a)
' Indicate thd e'stimated annual. cost by year to operate each:
Unit of the subject facility for the first seven full years of
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each unit'.s. commercial ~ operation.
The types of costs included in the estima~tes ihould be indicated and include (but not necessarily~be limited to)' operation and maintenance expense
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(with fuel costs shown separatelf), depreciatio~n,. taxes and a i
rsasonable : return on investment.
(Enclosed is a form which should be used for each year of the seven year period.)
Indicate th5 'projscted plant capacity factor (in pdrcent) for
' each unit -duridg each of the 's'even years.
Provide ~ separate estima.tes using 50 percent and 60 percent plant capacity factors.
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( b.)
Indicate the unit. price per kWh experienced by each applicant 4
on system-wide sales of electric power to all customers for the most r'ecent 12-month period.
320.2WC Indicate the estimated costs of permanently shutting down each unit of the facility, stating what is included in such costs, the assumptions O
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2 made in estimating the co'sts, the type of shutdown contemplated, and the intended source of funds to cover these costs.
l 320.3WC Provide an estimate of the annual cost to maintain each unit of the shutdown facility in a safe condition.
Indicate what is included
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in the estimate, assumptions made in estimating costs, and the, intended source of funds to cover.these costs.........
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320.4WC^
If the facility is jointly, owned provi,de, c,op,ie.s pf.the.jointi. participation.
agreement setting forth the procedures by which the applicants will share operating expenses and decommissioning costs.,,.,,
The following financia,1 information is r'equired for each investor. owned participant:
320.5WC Provide copies of the prospectus for the most recent security issue
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and copies of the most recent.SEC. Form 10-K and 10-Q: Provide l
copies of the preliminary prospectus for any pending security j
issue. Submit copies o'f the Annual Report to Stockholders each year 1
as.requi,redby10CFR50.71(b).
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320.6WC Describe aspects of its ragulatory environment including, but not necessarily limited to, the following: prescribed treatment of.
allowanceforfundsusedduringconstruction;ratebase(original l
cost,fairvalue,other);accou,ntingfordeferredincome~taxesand 4
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y, investment tax credits; fuel adjustment clauses in effect or proposed; historical, partially projected, or fully projected test year.
320.7WC Describe the' nature and amount of its most recent rate relief
- ' action (s): 'In addition, indicate the nature and amount of any k
pending rate relief action (s).
Use the attached form to provide this information. ' Provide copkes of the submitted, financially-related testi.mory 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 recominendation, and final opinion v
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last issued with res'p'ec't to each part.icipant, including all financially t
related exhibits referred to therein.
320.8WC Complete the enclosed form entitled, " Financial Statistics," for the most recent twelve-month period and for the previous three calendar years.
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.o ATTACHMEtiT FOR ITEM 110. 320.UIC(a)
ESTIMATED ANtiUAL-COST OF OPERATIliG fiUCIEAR GEfiERATING UNIT:
FOR THE CALEtiDAR YEAR 19
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(thousands of dollars)
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Operation and maintenance expenses ~
fiuclear power generation y)...........$
faclear fuel expense (plant factor Other operating. expenses.......................
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.Maint.enance expenses.......................
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~ Total nuclear power generation..............
Y Transmission expenses'..... ' ~.'..................
Administrative and gendral expenses Property and liability insurance.................
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'Other A.&G. expenses.......................
- Total A.&G. expenses...
TOTAL 0&M EXPENSES.....................
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Depreciation expense....................
Taxes other than income taxes
~ Property taxes...............
Other................................
Total taxes other than income taxes...........
Income taxes - Fed eral........................
I ncome taxes - other.........................
Deferred income tax'es - net.....................
Investmcat tax credit adjustments - net................
%)...................
Return (rate of return: __
TOTAL ANNUAL CO,ST OF OPERATION 9-t
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ATTACE*El'T FOR ITEM i 0. 320 7WC a.
.I RATE DEVELOPMEliTS_
Electric Gas Steam Granted Testi year utilized' Annual amount-of revenue inc. rease requested-test year basis (000's)
Date petition filed Annual amount of revenue increase allowed-E h ist' year: basis _ (000's) t Percent increase in revenues allowed Date of final order' Effective date
.c Rate base 'findihg' (000'.s) L.c.s n
Construction work in progress included in
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Rate base (.000s') p
- - ny.
Rate of return on rate base authorized Rate of return on comon equity authorized 2015
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Revenue Effect (000's)' _,.
Anount ; received.in : year.grantad Amount received i'n subsEqdent year '
(If not available, annualize amounts received in year granted)
-Pending Requests _ -
Test year utilized Amount (000's)
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Percent increase Date petition filed Date by which decision must be issued Rate of return on rate base requested Rate of return on comon equity requested
- Amount of rate base requested.
~ Amount of construction work in progress requested for inclusion in rate base e
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g FIriAfiCIAL STATISTICS 12 months' ended (dollars in millions 7 Earnings available to coanon equity Average comon equity Rate of return.on average comon equity Times total interest earned before FIT:
Gross income (both including and exclud.ng AFDC) + current and deferred FIT 4 total
. interest charges + amortizhtion of debt discount and expense Times long-term interest earned before FIT:
Gross ir.come (both including and excluding AFDC) + current and deferred FIT + long-
-term interest charges + amortization of
~ debt discount and expense i
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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 AFDC) + total interest charges + amortization of debt discount and expense + preferred dividends.
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Tiet income after preferred dividends I
Market price of comon i'
Book value of common Market-book ratio (end of period)*
Earnings avail, for comon less AFDC +
depreciation and amortization, deferred taxes, and invest. tax credit adjust.-
deferred.
Codrnon dividends Ratio Short-term debt Bank loans i
Ccmercial paper l
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l l Capitalization (Amount _& Percent)
I long-term debt l
Preferred stock l
Comon equity
- If subsidiary company, use parent's data.
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- * 'The followirig financial information is required for each cooperative -
epplicant:
320.9WC Is each participant's percentage ownership share in the facility equal to its percentage entitlement in the electrical capacity and
-output of the plant?
If not, explain the difference (s) and any
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. resultant effect on any participant's obligation to provide its share of. operating costs.
320.10WC Describe the rate-setting authority and rate covenants of the co-operatives and how that authority will be used to ensure the satisfaction of financial obligations in relation to operation and eventual shutdown of thp facility.
320.11WC Describe the nature and amount of the cooperative's most recent rate relief action (s) and its anticipated effect on net margins.
In addition, indicate the nature and amount of any pending rate reliefaction(s).
If membership cooperatives are involved, explain 'the contractual 320.12WC arrangements between the cooperative and its members that will provide funds for operation and eventual shutdown of the facility.
Provide representative copies 'of such contracts.
320.13WC Provide copies of the latest annual and interim financial statements.
Also provide copies of similar statements for the corresponding periods ended in,the previous year.
Continue to submit copies of the annual fina,ncial statements each year as required by 10 CFR 50.71(b).
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