NL-15-0577, Dalton Utilities Response on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))

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Dalton Utilities Response on Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))
ML15167A466
Person / Time
Site: Hatch  Southern Nuclear icon.png
Issue date: 03/26/2015
From:
Dalton Utilities
To:
Document Control Desk, Office of Nuclear Reactor Regulation
Shared Package
ML15167A507 List:
References
NL-15-0577
Download: ML15167A466 (3)
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Text

Edwin I. Hatch Nuclear Plant Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))

Enclosure 4 Dalton Utilities Response

Enclosure Edwin I. Hatch Nuclear Plant Dalton Utilities Ownership Percentage - 2.2%

10 CFR 50.75(f)(1) Requirement Unit 1 Unit 2 1 The NRC minimum decommissioning estimate, $14,222,000 $14,222,000 pursuant to 10 CFR 50.75(b) and (c). 1 2 The amount accumulated at the end of the calendar year preceding the date of the report for $18,213,368 $17,597,318 Items Included in 10 CFR 50.75(b) and (c).

3 A schedule of the annual amounts remaining to be See Schedule in See Schedule in collected; for items In 10 CFR 50.75(b) and (c). Attachment 1 Attachment 1 4 The assumptions used regarding:

(a) rates of escalation in decommissioning 2.41% 2.41%

costs; (b) rates of earnings on decommissioning 3.27% 3.27%

funds; (c) real rate of return; and .86% .86%

(d) rates of other factors used in funding N/A N/A projections.

5 Any contracts upon which the licensee Is relying pursuant to 10 CFR 50.75(e)(1)(v). None None 6 Any modifications to a licensee's current method None None of providing financial assurance occurring since the last submitted report.

7 Any material changes to trust agreements. None None NOTES:

The NRC formulas in section 10 CFR 50.75(c) Include only those decommissioning costs incurred by licensees to remove a facility or site safely from service and reduce residual radioactivity to levels that permit: (1) release of the property for unrestricted use and termination of the license; or (2) release of the property under restricted conditions and termination of the license. The cost of dismantling or demolishing non-radiological systems and structures is not Included in the NRC decommissioning cost estimates. The costs of managing and storing spent fuel on-site until transfer to DOE are not included in the cost formulas.

2 This amount Is based on NUREG-1307, Rev. 15, for the burial factor (Option 2) and the December 2014 BLS data for labor and energy.

The Water, Light and Sinking Fund Commission of The City of Dalton, GA DIBIA Dalton Utilities Nuclear Decommissioning Funds Investment Balances December 31, 2014 Morgan Stanley (formerly Bank of New York) Morgan Stanley (formerly Wachovia Bank) Total Funds Carryinq Valuf Market Value Par Value Carryina ValueMarket Value Par Value Carrying Value Market Value Par Value Plant Hatch Unit 1 11,417,193 12,151,911 12281,000 6,173,226 6,061,457 5,964,200 17,590,419 18,213,368 18,245,200 Unit 2 10.614,525 11,740,884 12,491,000 5,739,227 5,856,434 6,066,185 16,353,752 17,597,318 18,557,185 Total 22,031,719 23,892,795 24,772,000 11,912,452 11,917,891 12,030,385 33,944,171 35,810,686 36,802,385 Plant Voqtle Unit 1 5,585,257 5,983,747 5,601,000 3,019,924 2,984,734 2,720,095 8,605,181 8,968,481 8,321,095 Unit 2 5,760,006 5,768,327 5,760,000 3,114,409 2,877,282 2,797,312 8,874,415 8,645,609 8,557,312 Total 11,345,263 11,752,074 11,361,000 6,134,333 5,862,016 5,517,407 17,479,596 17,614,090 16,878,407 Grand Total 33,376,982 35,644,869 36,133,000 18,046,785 17,779,907 17,547,792 51,423,767 53,424,776 53,680,792 2014 Nuclear Decomm Funds-NRC Filing.xls

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