ML20039A664
| ML20039A664 | |
| Person / Time | |
|---|---|
| Site: | Byron  |
| Issue date: | 11/20/1981 |
| From: | Youngblood B Office of Nuclear Reactor Regulation |
| To: | Delgeorge L COMMONWEALTH EDISON CO. |
| References | |
| NUDOCS 8112210095 | |
| Download: ML20039A664 (8) | |
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BJYoungblood NRC/PDR 1
MRushbrook L/PDR Docket Hos.: STN 50-454
.RLTedesco NSIC and STN 50-455 WKane TIC KKiper ACRS (16)
RVollmer Mr. Louis 0. DelGeorge.
TMurley Director of Nuclear Licensing RMattson i
Comonwealth Edison Company RHartfield, MPA Post Office Box 767 SHanauer Chicago, Illinois 60690 0 ELD OIE (3)
Dear Mr. DelGeorge:
JPeterson i
Subject:
Request for Financial Informatien - Byron i
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-In order to evaluate the financial qualifications of Comonwealth Edison i
Company to. operate the Byron ~ facility, we need updated financial information.
This request for additional information is included as Enclosure 1.
We l
request that you respond to the enclosed request by December 7,1981 or j
infom us, within seven days of receipt of this letter, of your schedule for response.
If you need further information, contact the Byron Project Manager.
Sincerely, Original sign'ed by:
Spottswood Burwell i
B. J. Youngblood, Chief i
Licensing Branch No. 1 Division of Licensing i
Enclosure:
As stated
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/ NRC FORM 318 (10-80) NRCM 0240 OFFICIAL RECORD COPY usa m in> #,eo
1 Mr. Louis 0. De1 George
' Director of Nuclear Licensing 4
Commonwealth Edison Company Post Office Box 767
. Chicago, Illinois 60690 ccs:
j Mr. William Kortier U. S. Nuclear Regulatory Commission Atomic Power Distribution Resident Inspectors Office Westinghouse Electric Corporation 4448. German Church. Road 1
P. O. Box 355 Byron, Illinois 61010
-Pittsburgh, Pennsylvania 15230 Ms. Diane Chavez 4
Paul M. Murphy, Esq.
602 Oak Street Isham, Lincoln & Beale Rockford, Illinois 61104 One First National Plaza 42nd Floor i
Chicago, Illinois 60603 Mrs. Phillip B. Johnson 1907 Stratford Lane Rockford, Illinois 61107 Ms. Bridget Little Rorem Appleseed Coordinator 117 North Linden Street
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Essex, Illinois 60935 Dr. Bruce von Zellin Department of Biological Sciences Northern Illinois University DeKalb, Illinois 61107 Mr. Edward R. Crass Nutlear Safeguards and Licensing Division Sargent & Lundy Engineers 55 East Monroe Street l
Chicago, Illinois 60603 l
Nuclear Regulatory Commission Region III i
Office of Inspection and Enforcement 4
799 Roosevelt Rnad l
Glen Ellyn, Illinois 60137 Myron Cherry, Esq.
Cherry,'Flynn and Kanter 1 IBM Plaza, Sui'te 4501 Chicago, Illinois 60611 1'
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ENCLOSURE l
REQUEST FOR FINANCIAL INFORMATION 1.
a.
Indicate the estimated annual cost by year to operate each unit of the subject facility for the first seven full years of each unit's 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 t
(with fuel costs shown separately), depreciation, taxes and a reasonable return on investment.
(Enclosed is a. form which should be used for each year of the seven year period.)
Indicate the projected plant capacity factor (in percent) for each unit during each of the seven years.
Provide separate estimates using 5s percent and 60 percent plant capacity factors.
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 12-month period.
2.
Indicate the estimated costs of permanently shutting down each unit of the~ facility, stating what is included in such costs, the assumptions
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made in estimating the costs, the type of shutdorin contemplated, and the intended source of funds to cover these costs.
I 3.
Provide an estimate of the annual cost to maintain each unit of the i
shutdown facility in a safe condition.
Indicate what is included.
.in the estimate, assumptions made in estimating costs, and the intended source of funds to cover these costs.
4.
If the facility is jointly-owned provide copies of the joint participation agreement sett.ing forth the procedures by which the applicants will share operating expenses and decommissioning costs.
The following financial information is required for each investor-owned participant:
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5.
Provide copies of the prospectus for the most recent security issue and copics of the most recent SEC Form 10-K and.10-Q.
Provide-copies of the preliminary prospectus for any pending security issue. Submit copies o'f the Annual Report to Stockholders each year as required by 10 CFR 50.71(b).
6.
Describe aspects of its regulatory environment including, but not necessarily limited to, the following:
prescribed treatment of allowance for funds.used during construction; rate base (original f:
cost,fairvalue,other);accou,ntingfordeferredincometaxesand 1
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investment tax.credi.s; fuel adjustment clauses in effect or proposed;-
historical, partially projected, or fully projected test year.
4' 7.
Describe the nature and amount of its most recent rate relief-action (s). In addition, indicate the nature and amount of any 4
pending rate relief action (s).
Use the attached form to provide this information.
Provide copies of the submitted, financially related testimony and exhibits of the staff and company in the rest recent rate relief action or pending action.
Furnish copies of' the hearing examiner's report and recommendation, and final opinion t
last issued with respect to each participant, including all financially related exhibits referred to therein.
8.
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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ATTACHMENT FOR ITEM NO.
ESTIMATED ANNUAL COST OF OPERATING NUCIEAR GEliERATING UNIT:
FOR THE CALENDAR YEAR 19.--
(thousands of dollars)
Operation and maintenance expenses Nuclear power generation _
%)...........$
huclear fuel expense (plant factor Other operating expenses.....................
Maintenance expenses.......................
Total nuclear power generation.............
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Transmission expenses.........................
Administrative and genefal expenses Property and liability insurance.................
Other A.&G. expenses.......................
Total A.&G. expenses....................
TOTAL O&M EXPENSES.....................
Depreciation expense.........................
Taxes other than income taxes _
Property taxes...............
Other................................
Total taxes other than income taxes...........
I ncome ta xe s - Fe de ra l........................
Income ta xes - other.........................
Deferred income taxes - net.....................
Investment tax credit adjustments - net................
Return (rate of return:
%)..................-
TOTAL ANNUAL COST OF OPERATION w
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7 ATTACK'Ef.'T FOR ITEM t;0.
RATE DEVELOF".E1;TS Electric Gas Steam Granted Test year utilized 1
Annual amount of revenue increase requested-test year basis (000's)
Date petition filed i
Annual amount of revenue increase allowed-l test year basis (000's) i Percent increase in revenues allowed Date of final order Effective date Rate base finding (000's)
Construction work in progress ir.cluded in Rate base (000's)
Rate of return on ra"te base authorized Rate of return on common equity authorized Revenue Effect (000's)'
Amount received in year granted Amount received in subsequent year 0
(If not available, annualize amounts received in year granted) o Pending Requests 8
Test year utilized Amount (000's)
Percent increase a
Date petition filed 0
Date by which decision must be issued g
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 6
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ATTACH'4ENT FOR 11LM NO.
8 FIliANCIAL STATISTICS 12 ranths' ended (dollars in riilTioris)~
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Earnings available to comon equity Average co=on equity Rate of return on average comon equity Times total interest earned before FIT:
Gross income (t,-th including and excluding AFDC) + current and deferred FIT + total interest charges + amortizatici 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
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debf discount and expense t
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.
AFUDC Ket income after preferred dividends Market price of comon Book value of comon I arket-book ratio (end of period)*
Earnings avail. for comon less AFDC +
depreciation' and amortization, deferred taxes, and invest. tax credit adjust.-
deferred.
Coman dividends Ratio Short-tenn debt Bank loans Comercial paper Lapitalization (Amount & Percent) l Long-term debt Preferred stock Comon equity
- If subsidiary company, use parent's data.
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