ML20055J329
| ML20055J329 | |
| Person / Time | |
|---|---|
| Site: | Peach Bottom, Limerick  |
| Issue date: | 07/20/1990 |
| From: | Rimerman M PECO ENERGY CO., (FORMERLY PHILADELPHIA ELECTRIC |
| To: | |
| Shared Package | |
| ML18095A378 | List: |
| References | |
| NUDOCS 9008020103 | |
| Download: ML20055J329 (23) | |
Text
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- n,o BEFORE THE UNITED STATES NUCLEAR REGULATORY COMMISSION In The Matter Of Philadelphia Electric Company Docket Nos. 50-352 s
50-353 (Limerick Generr*.tng Station, Units 1 & 2)
Decommissioning Report of Philadelphia Electric Company In accordance with SS 50.33(k) and 50.75(b) of the Regulations of the Nuclear Regulatory Commission
(" Commission"), Philadelphia Electric Company (" Company") hereby submits this Decommissioning Report and states as follows:
- 1) The Company owns and operates Limerick Generating Station Units 1 and 2.
- 2) The Company hereby certifies that financial assurance for deccmmissioning Limerick Unit 1 is provided in the amount of $173.9 million.
The calculation of this amount is set forth in Exhibit A-1 and was performed in accordance with the formula set forth in 10CFR S50.75(c).
- 3) The Company hereby certifies that financial assurance for the decommissioning of Limerick Unit 2 is provided in the amount of
$173.9 million.
The calculation of this amount is set forth in Exhibit A-2 and was performed in accordance with the formula set forth in 10CFR S50.75(c).
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- 4) The Company will provide financial assurance for decommissioning Limerick Unit 1 by making payments at least annually into'an' external sinking fund which will be either a decommissioning escrow account or a nuclear decommissioning trust fund qualified under Section 468A of the. Internal Revenue Code of 1986.
5)'The Company presently makes and.will continue to make payments for Limerick Unit 1 into a-decommissioning escrow account established pursuant to a December 31, 1984 Escrow Agreement..
A-true and correct' copy of the 1984 Escrow Agreement is attached hereto as Exhibit B-1.
As of May 31, 1990, the Limerick Unit 1 Decommissioning Escrow' Account had a balance of $968,000.
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- 6) The Company presently makes and will continue to make payments-for Limerick Unit ~l into a qualified nuclear Jdecommissioning true. fund which.was., established,by anoinstrument dated March ~ 14, 1988, a true and correct copy of which is attached.
-hereto and marked Exhibit B-2. -As of May 31, 1990, the Limerick UnAt 1 qualified nuclear decommissioning-trust fund had a balance of
$13,492.000.
A certification of the authority of the signatory to execute the escrow and trust instruments on behalf of the Company is attached hereto and' marked Exhibit B-3.
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- 7) The Company will provide financial assurance for-
' decommissioning 1 Limerick Unit 2.by-making payments.at.least annually
.into an external sinking fund which will be either a decommissioning m..
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escrow account or a nuclear decommissioning trust fund qualified under Section 468A of the Internal Revenue Code of 1986.
- 3) The_ Company presently makes and will continue to make payments for Limerick Unit 2 into a decommissioning escrow account established pursuant to a December 31,.1984 Escrow Agreement.
A; true and correct copy oflthe 1984 Escrow Agreement is attached hereto as Exhibit B-1.
As of May 31, 1990, the Limerick Unit 2 Decommissioning' Escrow Account had a balance of $346,000.
- 9) The Company will, commencing no later than in 1991, make payments for Limerick Unit 2 into a qualified nuclear decommissioning trust-fund to be established-pursuant to an instrument.substantially in the form attached hereto as Exhibit B-2~.
i 10)'The Company anticipates that the vast majority of future payments to satisfy its-decommissioning financial assurance obligations for Limerick Units 1 and 2 will be made into the-qualified decommissioning trust funds.
The only circumstance under which payments will be made into the escrow accounts would arise "when;the total amount of a contribution in a given year would exceed
'the amount which the Company may pay into the qualified decommissioning trust fund without jeopardizing the qualification of
'thertrust fund under section 468A of the Internal-Revenue Code of J
1986.
In this case, the excess of the decommissioning payment would be deposited into the escrow account.
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- 11) Schedules-of payments for implementing the method of providing assurance of the availability of funds for decommissioning Limerick Units 1 and-2, including the application of previously made payments, are set-forth in Exhibits C-1 and C-2, respectively.
12)
The Company will annually adjust the certification amounts provided in Paragraphs 2 and 3 above using the formula Am S50.75(c)(2)..
Adjustments to the schedules of payments set forth in Exhibits C-1 and C-2'w111'be made at least once every five years to reflect the. adjustments to the certification amounts made in prior years.
PHILADELPHIA ELECTRIC COMPANY BYt f
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Vice President
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.f-i EXHIBIT A-1 Surarnary of Dat e, Fortnulas and Sources Used to Calculate NRC Minirnurn Decornrnissioning - Cost Lirnerick GeneratinD Stat ion, Unit i E2Cra91cn -
Dase Cost
$135MM for P ) 3400Mwt; ($104 + 0.OO9P)MM for 1200 ( P ( 3400 Mwt Dase Cost Escalation Escalation Factcc = 0.65L.+ 0.13E + 0.22D.
where L, E,
and B are escalation factors for labor energy and-waste burial charges, respectively.
Energy Cost Eecalation E=
).23x(pg P A + 0.77x(g/ g)4 whern P and F.are producer price: indexes for power
-and fuel, respectively.
-Data Labor, La 1986 = 130.5 9/1989 = 158.3 EscalatiortFactor = 1.213027 Energy, En 1986 P=111.9; F=82 12/1989 P = 115.4; F = 68.1 Escalation Factor = 0.876670 Burial, B: 1986 = 1 12/1989 = 1.814 Escalation Factor = 1.814 Dase Cost Escalation = 1.301515
$133,637,000 at 3293 Mwt Dane Cost: Lirnerick Unit 1 Escalated Cost: Lirnerick Unit 1 - $173,931,000 Philadelphia Electric Ownership Portion of Escalated Cost 100*/. x $173,931,000 = $173,931,000
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Spurge 5 10 CFR. Parts 50.33 and 50.75 NRC; Regulatory Guide DG-1003, " Assuring the Availability.of Funds-for Decornraissioning Nuclear Reactors" Mont:bly Labor Review, "Ernpl oyrnent Cost. Index, Private Nonf arrn Workers, Cornpensat ion" - Northeast Region Septernber 1989
' Proi5ucer Price Indexes, " Producer Price Indexes for Corntnodity Groupings and'Individuc1 Itercs" Codes 0543 and 0573 for industrial power and light fuel oils,- Mid-Atlantic Region Decernber ' 1989 NURIG-1307, " Report on Waste Burial Charges", Revision'l
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EXHIDIT A-2 Summary of-Data, Formulas and, Sources Used to Calculate NRC Minirnum Decommissionira Cost
, Limerick GeneratinD St a t i or.,
Unit 2 Egerjylgg Base Cost s
$135MM for P ) 3400Mwt; ($104.+ 0.009P)MM for 1200
<P
< 3400 Mwt Base Cost Eucalation Escalation Factor = 0.65L + 0.13E + 0.22B where L, E,
and B.are escalation factors for labor energy and waste burial charges, respectively.
Energy Cost Escalation E = O. 23x (%/Pf + 0. 77x (%gFy 4 ice j
where P and-F.are producer pr indexes for power and fuel, respectively.
'Dein Labor, L 1986 =.130.5 9/1989-= 158.3 Escalation Factor = 1.213027 Energy, Es 1986 P=111.9; F=82
'12/1989 P = 115.4; F = G8.1 Escalation Factor = 0.876670 Burial, D: 1986 = 1 12/1989.= 1.814 Escalation Factor = 1.814 Base Cost Escalation = 1.301515 Base Cost: Limerick Unit 2-
~$133,637,000 at 3293 Mwt Escalated Cost: Limerick Unit 2 - $173,931,000 Philadelphia Electric-Ownership Portion of Escalated Cost 100% x $173,931,000 = $173,931,000
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10 CFR Parts 50.33 and 50.75 n-NRC Regulatory Guide DG-1003, " Assuring the Availability of Funds
' for Decornraissioning Nuclear Reactors" Monthly' Labor Review, "Ernp l oyrnent Cost Index, Private Non f arrn g'
Workers,- Cornpensat ion" - Northeast Region Septernber 1989 Producer Price Indexes, " Producer Price Indexes for Cornrnodity Groupings and Individual I t erns" Codes:0543.and 0573 for industrial power and light fuel oils, Mid-Atlantic Region Decernber 1989 l'h t4 NUREG-1307, " Report on Waste Burial Charges", Revision 1
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EX11IBIT B-1 g;
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r ESCROW AGREEMENT FOR QUALIFIED DECOMMISSIONING FUND First Pennsylvania Bank N. A.
is hereby directed to. establish a Qualified Decommissioning Fund in the name of Philadelphia Electric Company, and-to= deposit therein and. hold in escrow such monies as shall be transmitted to it from time.
to time forJ this purpose by Philadelphia Electric Company.
It is. intended that this Fund shall comply with Section 468 A of the Internal Revenue 1 Code of 1954 to the fullest extent possible.
Accordingly, this Escrow Agreement may be amended or revoked at any time as may be necessary to permit Philadelphia Electric
. Company to comply with whatever requirements may hereaf ter be adopted by.the. Internal Revenue Service or the Department of the Treasury.
First' Pennsylvania Bank N. A. shall divide the Fund I )N g into subaccounts, with a ggparate subaccount.to be created for r
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jaA-each nuclear. generating p mat. which is to be decommissioned in the future by Philadelphia Electric Company.
First. Pennsylvania Bank N.A.
shall invest all monies.in the Fund, including income 0
onL the investments,- and shall otherwise1 deal with the Fund - as follows:
~ 1) Select and invest all funds in (tax free) securities issued bv-the Commonwealth of l
Pennsylvania,. its political subdivisions, agencies and authorities, with the limita-a tions that the securities purchased should at a minimum be rated ~ Single A with maturi-ties in the 8 to 12 year range.
- 2) Purchases.should be in-securities whose price is near par rather than discounted.
This approach is snggested in order to minimize the amount of capital' gains taxes to be paid on appreciation.
- 3) Provide safekeeping for ' securities in the account.
- 4) Register securities in nominee name or maintain in bearer form.
- 5) Collect the principal of all securities as they mature, are redeemed or sold.
- 6) Make transfers from income to principal of the fund account for reinve s tment.
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s ty; 7)r Maintain a record of securities held. including.
all purchases and sales thereof, and furnish the r
' Philadelphia Electric Company' Treasurer or Assis-tant Treasurer with a monthly statement'of receipts and disbursements of principal and income, and annually,.a list of securities held 11n:the account including approximate. market values.
- 8) Supply'the Treasurer or Assistant Treasurer of Philadelphia Electric Company,Leonfirmations of trades as soon.as possible after trade is completed.
- 9) Collect all-interest and other income from the securities held under this' agreement.
- 10) Except for taxes, bank fees and other expenses associated with the operation of the fund account First Pennsylvania Bank N. A. Will permit = funds to be paid out of.the account only upon presentation-Hby the Philadelphia Electric Company to First Pennsylvania, Bank N. A. of, a certificate signed by
,E its President or 'one of its Vice Presidents. and its Treasurer or an Assistant Treasurer requesting such payment.
Philadelphia Electric Company'willJindemnify and hold harmless the First Pennsylvania Bank N. A.
from and against all L11 abilities, losses and'other expenses arising in any way connected with.its reliance uponLthe above mentioned certificate, and First-Pennsylvania Bank N.A.
shall have no duty to verify signatures on such certificate.
First Pennsylvania Bank N.A.'s compensation for this service shall be based upon market values ~ at an annual rate of:
$6.50 per $1,000. on the first
$1,000,000.
S5.00 per $1,000. on the next S5,000,000.
$4.00 per $1,000. on the next
$10,000,000.
S2.50 per $1,000, on the balance.
to be taken quarter-annually at the end of each calendar quarter.
In'the event any special services are required, First Pennsylvania 5
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3 Bank N.A. shall be compensated in accordance with a separate agreement.
It is understood that this Agreement may be
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modified by mutual consent, in writing and this arrangement may be terminated by either party by giving written notice to-e the other party.
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PHILADELPHIA ELECTRIC COMPANY
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(Signature)
Treasurer-(Title) 2301 Market Street t
l Philadelphia, Pa.
19101
. ACCEPTED:
. t FIRST PENNSYLVANIA BANK N.A.
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.Date 12.'W'N i
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-EXHIBIT B-2 r ',.x m
LIMERICK GENERATING' STATION' UNIT-1 QUALIFIED NUCLEAR DECOMMISSIONING FUND
. PHILADELPHIA ELECTRIC COMPANY-("PECo"), intending to be legally bound, does hereby establish the following trust, to be known as the Limerick Generating Station Unic 1 Qualified-
' Nuclear Decommissioning Fund (the " Fund"), and PECo does hereby name FIRST PENNSYLVANIA BANK N.A.
as Trustee thereof:
I.
GENERAL DEFINITIONS A.
The f ollowing - terms wh'ich _-are used, herein shallhave the'same meaning as used'in Section-468A of the o-Internal Revenue Code of 1986, as amended (or the. corresponding provisions of-succeeding law),.and.the fin'al Treasury Regulations issued thereunder (hereinafter collectively referred to as "S468A"):
" administrative costs and'other incidental expenses"
" nuclear power plant"
" nuclear decommissioning fund"
" nuclear decommissioning costs"
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"self-dealing" B.
The words " written instrument" shall refer to any instrument issued to Trustee by PECs making appropriate f1
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i reference to this Fund and believed in good faith by the Trustee to be signed by any of the persons authorized to act on-4 PEco's. behalf hereunder.
t C.
The phrase "as "PEco may, direct" or any l
similar11anguage referring to instructions which PEco may give, shall include an oral communication to Trustee by a person or i
persons believed in good faith by the Trustee to be any of the
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persons authorized to act on,PEco's behalf hereunder.
-D.
For~ purposes of paragraphs B.and<C: hereof.,,
o PEco'shall1 provide touTrustee a written instrument stating.the-names of persons authorized from. time to time.to act on PEco's
! behalf'hereunderr and containing specimen.signaturessof such.
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authorized-persons.
Until notified in writing to the contrary by PEco, Trustee :shall' be fully protected -in relying upon and -
l acting in accordance with any oral or written notice,
,p instruction, direction, certificate or other communication believed by Trustee to be genuine and to be signed or given-by l
al any such. authorized person and Trustee shall be under no duty j
to make any investigation or inquiry as to the truth or accuracy' of any statement contained therein or to the. authority j
of the person signing or giving such ccamunication.
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PURPOSE PECo is the owner of a 100.0% interest in the nuclear power plant known as Limerick Generating Station,
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Unit 1.'(" Limerick Unit 1") and is establishing this Fund as the nuclear decommissioning fund for Limerick Unit 1, satisfying the' qualification requirements under 5468A, for the exclusive purpose of providing funds contemplated by PEco as-necessary'or appropriate.for decommissioning Limerick Unit 1.
This Fund is being established in order to avail PECo of.certain Federal income tax benefits arising under 5468A, and shall be operated and maintained in a manner consistent therewith.
III.
TRUST ASSETS-For the purpose hereinabove described,' PECo shall from time 1to time transfer-and assign to this Fund, by written
' instrument, such property as PECo deems appropriate, to be held,Ladministered and. distributed'.by Trustee in accordance with the provisions hereof.
IV.
DISTRIBUTIONS OF INCOME AND PRINCIPAL The income and principal of this Fund shan, except as provided in paragraph C hereof,-be used exclusively for the decommissioning costs of Limerick Unit 1 as identified In connection therewith, 'inIom and from time to time by PECo.
principal may also be used to pay the administrative costs and other incidental expenses of this Fund.
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1 A.
Until'otherwise directed.by PECo, Trustee-h' shall, after paying to persons or companies other than'PEco the 7
administrative costs and other incidental: expenses of this Fund, accumulate'all of the remaining. income,.'if'any, and add-
.it to the principal of this Fund annually 'or more frequently,~
l as PEco may direct from time to time.
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B.
To the extent of the assets held in.the
-Fund, Trustee shall pay nuclear decommissioning costs'of
' Limerick Unit-1 to such persons, in such amounts,;att.such1 times
.and in-such. manner as.it may from time to time.be'.directedihy_
o PECo.
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C.
Trustee shall distribute to PEco, to such 1,
persons,-in.such amounts, at such times:and in.such manner as o
y PECo..may fromLtime to time direct,.any assets of'.this. Fund a
ni determined by PEco to be unnecessary to effectuate-the purpose p
of this Fund.
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4 V.
POWERS OF TRUSTEE i
Trustee shall have the following powers in p,
7 addition to those vested.in it by law and granted to it 73.
/N4 elsewhere hereunder, which powers. shall continue until actual mn nl0 j distribution of the assets of this Fund:
j-1.
To retain all or any part of the assets held
".4 hereunder, and to invest, reinvest and keep invested any part a-
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of suchiassets as PEco may direct from. time'to time, but only in.the manner permitted under $46BA.
2.
To sell or exchange any asset held hereunder on~such terms and' conditions and'in such manner..as PECo may direct from time to time.
3.
To hold or register assets in street name, the name of its nominee or in bearer. form, or by any other title holding device, without disclosing any fiduciary relationship.
4.
- To retain and pay'from the. Fund attorneys, accountants ; and investment counsel. for advice' and other
._ pro f es sional : s ervices.
5.
.To compromise any claims,. including, claims
'for: taxes, by or: against;the Fundcon such terms: and conditions -
and in such manner as PEco may direct from time to time.
In carrying out its investment powers, Trustee shall not be liable for any losses sustained by the Fund by reason.of the purchase, retention, sale' or exchange of any investment made in good f aith and in - accordance with the
-provisions of this Fund.
VI.
DISQUALIFICATION This Fund shall not engage in, and Trustee shall not permit this Fund to engage in, any acts of self-dealing or i
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1 any other acts that are contrary-to the' purpose or. stated terms 7
of this Fund.
VII.
SITUS This Fund has been executed.in :the Commonwealth e
of Pennsylvania, which is hereby designated as the Fund's 4
situs, and all questions pertaining to the validity, construction and administration of this Fund shall be determined in accordance with the laws of Pennsylvania, regardless of Lthe: jurisdiction;in which the. Fund may~ at any.
time actually be administered, provided, however,-that this Fund > shall at all. times be. maintained in the ; United States,
VIII.
TRUSTEE
'PECo does hereby appoint;FIRST; PENNSYLVANIA' BANK N.A. as' Trustee hereunder, and it shal1+ receive compensation-for the performance of its services hereunder in acccrdance with the agreement entered into with PEco contemporaneously o
herewith relating to such compensation.
All such compensation shall constitute a charge against the Fund until paid.
Trustee shall have the right to resign without prior application to or approval by'or order of any court by
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written notice to.PECo.
PECo shall have the right at any time 1
and~from~ time-to time'-to-remove the Trustee then. serving 6-
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a hereunder and appoint a successor Trustee to serve. -Each such successor shall have the same powers, rights,. duties, discretions and'immunitiestas are conferred upon the original Trustee hereunder -
No. Trustee serving hereunder shall be required to file bond or enter security in any jurisdiction, any rule or law to the contrary notwithstanding.
Trustee shall not be responsible for the sufficiency of the trust assetscto effect the decommissioning of Limerick Unit 1,..for the use..or application:of any monies or property held.in the Fund. when disbursed.in conformity herewith,;or for the qualification of any costs, fees or expenses-paidcfrom the~ Fund as nuclear-decommissioningrcosts for purposes of 5468A.-
Trustee shall not be ' liable, except for gross negligence, for any acts, omissions or defaults of any agent-appointed or selected with reasonable care; Trustee shall also not be liable for-any acts taken or not taken at the direction of or upon the instruction of PECo, whether such directions or
-instructions are delivered orally or by written instrument.
IX.
POWER OF AMENDKENT AND REVOCATION PECo does hereby reserve the right, at any time or times, by written instrument, to alter, amend or revoke this i.
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L Fund in whole or in part; provided, however, that no such instrument shall modify the rights, duties or nenunities of the Trustee without its consent.
IN WITNESS WHEREOF, PECo has caused its duly authorized officers to sign and seal this instrument this -/4%
day of March, 1988.
Attest:
PHILADELPHIA EI,tClRIC COMPANY C
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.W. tl By.
Morton W.
Rimerman
Title:
Asamasse: Secretarv
Title:
.vice-President
'(Corporate-Seal)
Intending-to be' legally bound, Trustee-does hereby accept the trust hereinabove - set f 6rth d agrees to carry out its provisions.
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Attest:
FIRST PENNSYLVANIA SANKM m/ /,
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COMMONWEALTH OF PENNSYLVANIA :
SS.-
COUNTY OF PHILADELPHIA-
/ b day of March, 1988, belore me, the.
On the subscriber, a Notary Public in and for the. Commonwealth.and County af orestid, personally appeared the above-named Morton W.
O Rimerman and'
/.r Rincle e
, known to me or satisfactorily.
proved to be the Vice President and h Secretary of Philadelphia Electric Company, and in due form of law acknowledged the establishment.of the Limerick Generating, Station Unit 1 Qualified-Nuclear Decommissioning. Fund on. behalf of Philadelphia. Electric' Company and: desired that the: same -
might-be recorded as such..
WITNESS'my hand and seal the. day and year aforesaid.
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Notary Puy ic U My Commission expires:
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CERTIFICATION OF AUTHORITY PHILADELPHIA ELECTRIC COMPANY I, M. D. Lyons, Assistant Secretary of Philadelphia Electric Company (" Company"), do hereby certify that on June 25, 1990 Corbin A. McNeill, Jr., President and Chief Operating Officer of_the Company executed a certain document confirming and ratifying the authority of certain officers of the Company to execute on behalf of the Company documents relating to the establishment of funds for the decommissioning of the Company's nuclear facilities as follows:
This will confirm and ratify the authority of M. W.
'Rimerman as Treasurer of the Company to execute on behalf _of the Company a certain Escrow Agreement for Qualifying-
-Decommissioning Fund dated December 31, 1984.for the Company's
_ nuclear units, the authority of M. W. Rimerman as a Vice President of the Company to execute on behalf of the Company certain instruments datediMarch 14, 1988 relating to the-establishment of Nuclear: Decommissioning Trust Funds for Peach Bottom Units 2 and 3, Salem Units _IJand 2, and. Limerick Unit 1 and the authority of M. W. Rimerman as a Vice President of the Company to execute on behalf of the Company for Limerick Unit 2 a sim11ar-instrument for such purpose.
/s/
C.
A. McNeill, Jr.
President and Chief Operating Officer WITNESS, my hand and the seal of Philadelphia Electric Company this# N day of
}-
1990.
Y).
{P'A Assistant Secretary Exhibit 11-3
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'e of Payrnent s EXHIBIT C-1
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e-L'irneribk Generat ing St at ion, Unit 1 l ' =- ' '
(NRC.Minirnuini Arnount; (Exhibit A-1)
$173,931,000 Hornai ninD iYears for Collection of:
'Dacorntnissi oning Cost s 1990 - 2024 34 I
LMinirnurn Deposit - per Year
$5,115,618 / year (Actual. Deposit per Year
$5,334,000 / year Prepaid Balance-in External Funds at Decernbar 31, 1989 512,507,511 i
- Nurnber of--Years. of; Mi nirnurn Deposit s Included 2 in Prepaid Balance 2.44 3
1992 Deposit
$2,987,040' t
(Total. Deposits.
L1993" 2024-att55,334,OOO/ year
$165,354.000 Total.Dupositu Available-for
$180,848,551 Dacornini ns i oni ng '
o
' Adjustraent - A11'ocat ing 50% of (1)
Cornanon - Plant; to Lirnerick Unit 2
($5,326,276) iNatL-Deposits - Available for Decorntnissioning
$175,522,275-
=
For.' cost ' recovery purposes the PaPUC allocated.100% of Corarnon. Plant g( 1')
to Lirnerick Unit 1.
Th i s - adj ust rnent reflects'the true.-50-50 idivision of Cornrnon Plant between the two unita.
The cornbined
. deposits of; the two units will be available for decornrnissioning both; units.=.
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~ Gehedule of Payrnent s EXHIBIT C-2 it-l L Lirnerick GeneratinD Station, Unit 2
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>NRCi Minirnurn Arnount - (Exhi bit A-2)
$173,931,000-s R3rnsining Years for Collection of
, DscornraissioninD Costs -1990
- 2029 39 Minirnurn Deposit por Year
$4,459,769 / year i Act ual-- Deposit-per - Year
$4,364,000 / year Propaid;Dalance in External Funds
- at ' D3cernbar 31, 1989 SO Nurnbar of Years of Minirnurn Deposits Included,in Prepaid Balance O.00 Total Depostts
'1990 - 2029-atl$4,364,OOO/ year
$170,196,000:
Tota 1 Depos.1ts?Available'for
$170,196,OOCU Dacorntnissioning Adj untraentt-A11ocat ino 50% = of (1)
~ Cornrnon P,lant1 to Lirnerick Unit 2
.$5,326,276'
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.NatJ Deposits; Avmi1able for Decornrnisuioning S175;522,u?6
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31')it For costu recovery purposes the PaPUC allocated 100% of Cornrnon Plant to ' Lirnerick Uni t 1.
This adjustrnent reflects the true 50-50
' division' of Corornon Plant between the two units.
The cornbined '
deposits of the two units will be available for decornrnissioning, both: units.'
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