NL-17-0433, Financial Assurance Requirements for Decommissioning Nuclear Power Reactors
| ML17089A523 | |
| Person / Time | |
|---|---|
| Site: | Hatch  |
| Issue date: | 03/30/2017 |
| From: | Hutto J Southern Nuclear Operating Co |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| References | |
| NL-17-0433 | |
| Download: ML17089A523 (23) | |
Text
A Southern Nuclear March 30, 2017 Docket Nos.: 50-321 50-366 U. S. Nuclear Regulatory Commission ATIN: Document Control Desk Washington, D. C. 20555-0001 J.J.Huno Regulatory Affairs Director Edwin I. Hatch Nuclear Plant Financial Assurance Requirements for Decommissioning Nuclear Power Reactors Ladies and Gentlemen:
40 tnvemoss Center Parkway Post Olflce Box 1295 Birmingham, AL 35242 205 992 5872 tel 205 992 7601 tax UhuttoC&outhernco.com NL-17-0433 10 CFR 50.75(f)(1)
Pursuant to 10 CFR 50.75(f)(1), each power reactor licensee is required to report to the NRC the status of its decommissioning funding for each reactor or part of each reactor it owns on a calendar year basis, beginning on March 31, 1999, and every two years thereafter. Southern Nuclear Operating Company (Southern Nuclear) holds operating licenses DPR-57 and NPF-5 for the Edwin I. Hatch Nuclear Plant Unit 1 and Unit 2, respectively, owned by Georgia Power Company, Oglethorpe Power Corporation, Municipal Electric Authority of Georgia, and Dalton Utilities. Accordingly, Southern Nuclear provides the enclosed submittals In accordance with the requirements of 10 CFR 50.75(f)(1).
This letter contains no NRC commitments. If you have any questions, please contact Ken McElroy at 205.992.7369.
Respectfully submitted, J. J. Hutto Regulatory Affairs Director JJH/eb/lac
Enclosures:
- 1. Georgia Power Company Response
- 2. Oglethorpe Power Corporation Response
- 3. Municipal Electric Authority of Georgia Response
- 4. Dalton Utilities Response
U.S. Nuclear Regulatory Commission NL-17-0433 Page2 cc:
Southern Nuclear Operating Company Mr. S. E. Kuczynski, Chairman, President & CEO Mr. D. G. Bost, Executive Vice President & Chief Nuclear Officer Mr. D. R. Vineyard, Vice President-Hatch Mr. M. D. Meier, Vice President-Regulatory Affairs Mr. B. J. Adams, Vice President-Engineering Mr. G. L. Johnson, Regulatory Affairs Manager-Hatch RType: CHA02.004 Georgia Power Ms. A. P. Daiss, Comptroller, GAO, and Senior V. P.
Oglethorpe Power Ms. A. F. Appleby, Vice President, Teasurer Municipal Electric Authority of Georgia Mr. E. E. Easterlin, Sr., Senior V.P. and CFO City of Dalton Mr. Tom Bundros, CEO and President, Dalton Utilities U.S. Nuclear Regulatory Commission Ms. C. Haney, Regional Administrator Mr. R. Hall, NRR Project Manager-Hatch Mr. D. H. Hardage, Senior Resident Inspector-Hatch
Edwin I. Hatch Nuclear Plant Financial Assurance Requirements for Decommissioning Nuclear Power Reactors Georgia Power Company Response
~ Georgia Power March 7, 2017 Docket Nos.: 50-321 50-366 U.S. Nuclear Regulatory Commission A TIN: Document Control Desk Washington, D.C. 20555 David Poroch Vice President & Comptroller Edwin I. Hatch Nuclear Plant Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(l))
Dear Ladies and Gentlemen:
241 Ralph McGill Blvd, NE Atlanta, GA 30308 404 506 0997 tel dporoch@ southernco.com Pursuantto 10 CFR 50. 75(f)(l ), each power reactor licensee is required to report to the NRC the status of its decommissioning funding for each reactor or part of each reactor it owns on a calendar year basis, beginning on March 31, 1999, and every two years thereafter. Georgia Power Company (GPC) hereby submits the enclosed information in accordance with 10 CFR 50.75(f)(l) for operating licenses DPR-57 and NPF-5 issued for Edwin I. Hatch Nuclear Plant Units 1 and 2, respectively.
Southern Nuclear Operating Company, as the operating licensee and as an agent for the owners of the Edwin I. Hatch Nuclear Plant, is providing this information to the NRC on behalf of GPC.
Based on the information presented herein, there is reasonable assurance that the funding necessary for decommissioning the Edwin I. Hatch Nuclear Plant, consistent with the NRC prescribed minimum set forth in 10 CFR 50.75(c), will be available on the expiration date of operating licenses DPR-57 and NPF-5.
Please advise if you have any questions or comments regarding the information provided herein.
Respectfully submitted, GEORGIA POWER COMPANY, by,
~~-
David Poroch Vice President & Comptroller Enclosure
1 2
3 4
5 6
7 NOTES:
Enclosure Edwin I. Hatch Nuclear Plant Georgia Power Company Ownership Percentage - 50.1%
10 CFA 50.75(f)(1) Requirement Unit 1 The NRC minimum decommissioning estimate,
$290,887,000 2 pursuant to 10 CFR 50.75(b) and (c). 1 The amount accumulated at the end of the
$256,846,668 3 calendar year preceding the date of the report for items included In 10 CFR 50.75(b) and (c).
A schedule of the annual amounts remaining to be See Schedule in collected; for items in 10 CFR 50.75(b) and (c).
The assumptions used regarding:
(a) rates of escalation In decommissioning 2.49%
costs; (b) rates of earnings on decommissioning 4.49%
funds; (c) real rate of return; and 2.00%
(d) rates of other factors used in funding None projections.
Any contracts upon which the licensee Is relying pursuant to 10 CFR 50.75(e)(1 )(v).
None Any modifications to a licensee's current method No modifications since the of providing financial assurance occurring since last report. Funding is to an the last submitted report.
external sinking fund with the sources of funds from traditional cost of service ratemaking as ordered by the GPSC.
Any material changes to trust agreements.
None Unit2
$290,887,000 2
$237,524,936 3 See Schedule in 2.49%
4.49%
2.00%
None None No modifications since the last report. Funding Is to an external sinking fund with the sources of funds from traditional cost of service ratemaking as ordered by the GPSC.
None 1 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. 16, for the burial factor (Option 2) and the December 2016 BLS data for labor and energy.
3 This amount represents the December 31, 2016 balance of funds In the external trust designated for license termination and does not Include funds identified and held In subaccounts within the external trusts for spent
fuel management and decommissioning of spent fuel storage facilities of $14,373,155 for Unit 1 and
$21,145,391 for Unit 2, which are funded through rates in accordance with Georgia Public Service Commission Orders.
Schedule of the Annual Amounts Remaining to be Collected
BEG OF GEORGIA POWER COMPANY NUCLEAR DECOMMISSIONING Based on 12131/2016 Fund Balances (Amounts In Thousands)
HATCH1 YEAR FUND FUND YEAR FUND BAL EARNINGS CONTRIB Adjusted Annual Expend END OF YEAR FUND BAL 2017
$ 256,847 $
11,532 268,379 2018 268,379 12,050 280,429 2019 280,429 12,591 293,021 2020 293,021 13,157 306,177 2021 306,177 13,747 319,925 2022 319,925 14,365 334,289 2023 334,289 15,010 349,299 2024 349,299 15,684 364,982 2025 364,982 16,388 381,370 2028 381,370 17,124 398,493 2027 398,493 17,892 416,386 2028 416,386 18,696 435,082 2029 435,082 19,535 454,617 2030 454,617 20,412 475,029 2031 475,029 21,329 496,358 2032 496,358 22,286 518,644 2033 518,644 23,287 541,931 2034 541,931 13,494 555,42§_
~-
YEAR 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 BEG OF GEORGIA POWER COMPANY NUCLEAR DECOMMISSIONING Based on 12/31/2016 Fund Balances (Amounts in Thousands)
HATCH2 YEAR FUND FUND Adjusted Annual Expend FUND BAL EARNINGS CONTRIB 237,525 $
10,665 248,190 11,144 259,334 11,644 270,978 12,167 283,144 12,713 295,858 13,284 309,142 13,880 323,022 14,504 337,526 15,155 352,681 15,835 368,516 16,546 385,063 17,289 402,352 18,066 420,417 18,877 439,294 19,724 459,018 20,610 479,628 21,535 501,164 22,502 523,666 23,513 547,179 24,568 571,747 25,671 597,418 14,876 END OF YEAR FUNDBAL 248,190 259,334 270,978 283,144 295,858 309,142 323,022 337,526 352,681 368,516 385,063 402,352 420,417 439,294 459,018 479,628 501,164 523,666 547,179 571,747 597,418 612,294
Edwin I. Hatch Nuclear Plant Financial Assurance Requirements for Decommissioning Nuclear Power Reactors Oglethorpe Power Corporation Response
OglethorpePower An Electric Membership Corporation March 9, 2017 Docket Nos.: 50-321 50-366 U. S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, D.C. 20555 Edwin I. Hatch Nuclear Plant Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))
Dear Ladies and Gentlemen:
Pursuant to 10 CFR 50.75(f)(1), each power reactor licensee is required to report to the NRC the status of its decommissioning funding for each reactor or part of each reactor it owns on a calendar year basis, beginning on March 31, 1999, and every two years thereafter. Oglethorpe Power Corporation (OPC) hereby submits the enclosed information in accordance with 10 CFR 50.75(f)(1) for operating licenses DPR-57 and NPF-5 issued for Edwin I. Hatch Nuclear Plant Unit 1 and 2, respectively. Southern Nuclear Operating Company, as the operating licensee and as an agent for the owners of the Edwin I. Hatch Nuclear Plant, is providing this information to the NRC on behalf ofOPC.
Based on the information presented herein, there is reasonable assurance that the funding necessary for decommissioning the Edwin I. Hatch Nuclear Plant, consistent with the NRC prescribed minimum set forth in 10 CFR 50.75(c), will be available on the expiration date of operating licenses DPR-57 and NPF-5.
Please advise if you have any questions or comments regarding the information provided herein.
Respectfully submitted,
~J - ~
Anne F. Appleby Vice President, Treasurer Oglethorpe Power Corporation Enclosure Oglethorpe Power Corporation
- 21 00 East Exchange Place
- Tucker, GA 30084-5336 Phone 770-270-7600 Fax 770-270-7872 e A member of the National Rural Electric Cooperative Association
1 2
3 4
5 6
7 Enclosure Edwin I. Hatch Nuclear Plant Oglethorpe Power Corporation Ownership Percentage - 30.0%
10 CFR 50.75(f)(1) Requirement Unit 1 The NRC minimum decommissioning estimate,
$174,184,000 2 pursuant to 10 CFR 50.75(b) and (c). 1 The amount accumulated at the end of the
$135,393,000 calendar year preceding the date of the report for items included in 10 CFR 50.75(b) and (c).
A schedule of the annual amounts remaining to be See Schedule in collected; for items in 10 CFR 50.75(b) and (c).
The assumptions used regarding:
(a) rates of escalation in decommissioning 2.49%
costs; (b) rates of earnings on decommissioning 5.00%
funds; *
(c) real rate of return; and 2.51%
(d) rates of other factors used in funding None projections.
Any contracts upon which the licensee is relying None pursuant to 10 CFR 50.75(e)(1)(v).
Any modifications to a licensee's current method None of providing financial assurance occurring since the last submitted report.
Any material changes to trust agreements.
In May 2015 replaced the large cap equity manager with another large cap equity manager. In February 2017 replaced the small cap equity manager with a small/mid cap equity manager Unit 2
$174,184,000 2
$106,443,000 See Schedule in 2.49%
5.00%
2.51%
None None None In May 2015 replaced the large cap equity manager with another large cap equity manager. In February 2017 replaced the small cap equity manager with a small/mid cap equity manager 0
- As a rural electnc cooperative, OPC s budget IS approved by 1ts Board of D1rectors annually. The budget includes a 5% rate of earnings assumption for the Hatch and Vogtle Nuclear Decommissioning Trust Funds.
The 5% rate of earnings assumption less the 2.49% escalation rate results in a real rate of return of 2.51%
NOTES:
1 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. 16, for the burial factor (Option 2} and the December 2016 BLS data for labor and energy.
Schedule of the Annual Amounts Remaining to be Collected Oglethorpe Power Corporation 2016 NRC MINIMUM Hatch 1 Hatch 2 Earnings Rate:
5 Earnings Rate:
5 Balance Balance Balance Balance Year Begin Year Earnings Contribution End Year Year Begin Year l*:arnings Contribution End Year 2016 125,941,229 6,297,()(i1 0
135,392,810 2016 99,0\\2,113 4,950,(.06 0
1 06,442,730 2017 135,392,810 6,769,(>41 0
142,162,451 2017 106,442,730 5,322,137 0
111,764,867 2018 142,162,451 7,108,12) 0 149,270,573 2018 111,764,867 5,588,243 0
117,353,110 2019 149,270,573 7,461,529 0
156,734,102 2019 117,353,110 5,867,655 0
123,220,765 2020 156,734,102 7,8.%,70')
0 164,570,807 2020 123,220,765 6,161,038 0
129,381,804 2021 164,570,807 8,228,540 0
172,799,3 *~7 2021 129,381,804 6,469,090 0
13'),850,894 2022 172,799,347 8,639,967 0
181,439,314 2022 135,850,894 6,792,545 0
142,643,438 2023 181,H9,314 9,071,966 0
190,511,280 2023 142,643,438 7,132,172 0
149,775,610 2024 190,511,280 9,525,564 0
200,036,844 2024 149,775,610 7,488,781 0
157,264,391 2025 200,036,844 10,001,842 0
210,038,686 2025 157,264,391 7,863,220 0
Hi5,127,610 2026 210,038,686 10,501,934 0
220,540,621 2026 165,127,610 8,256,381 0
173,383,991 2027 220,540,621 11,027,031 0
23 t,567,652 2027 173,383,991 8,669,200 0
182,053,191 2028 231,567,652 11,578,)113 0
243,146,034 2028 182,053,191 9,102,660 0
191,155,850 2029 243,146,034 12,157,302 0
255,303,336 2029 191,155,850 9,557,793 0
200,713,643 2030 255,303,336 12,765,167 0
268,068,503 2030 200,713,643 10,035,682 0
210,749,325 2031 268,068,503 13,403,425 0
281,471,928 203\\
210,749,325 10,537,466 0
221,286,791 2032 281,471,928 14,073,596 0
295,545,524 2032 221,286,791 11,064,340 0
2)2,351,130 2033 295,545,524 14,777,276 0
310,322,801 2033 232,351,130 11,617,557 0
243,968,687 2034 310,322,801 15,516,140 0
325,838,941 2034 243,968,687 12,198,434 0
256,167,121 2035 256,167,121 12,808,356 0
268,975,477 2036 268,975,477 13,448,774 0
282,424,251 2037 282,424,251 14,121,213 0
296,145,464 2038 296,545,464 14,827,273 0
311,372,737 277,944,000 306,678,000 NRC Min NRC Mm from 2/17 letter from 2/17 letter
Edwin I. Hatch Nuclear Plant Financial Assurance Requirements for Decommissioning Nuclear Power Reactors Municipal Electric Authority of Georgia Response
March 23, 2017 Docket Nos.: 50-321 50-366 U. S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, D.C. 20555 Edwin I. Hatch Nuclear Plant Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))
Dear Ladies and Gentlemen:
Pursuant to 10 CFR 50.75(f)(1 ), each power reactor licensee is required to report to the NRC the status of its decommissioning funding for each reactor or part of each reactor it owns on a calendar year basis, beginning on March 31, 1999, and every two years thereafter. Accordingly, the Municipal Electric Authority of Georgia (MEAG) hereby submits the enclosed information in accordance with 10 CFR 50.75(f)(1) for operating licenses DPR-57 and NPF-5 issued for Edwin I. Hatch Nuclear Plant Unit 1 and 2, respectively. Southern Nuclear Operating Company, as the operating licensee and as an agent for the owners of the Edwin I. Hatch Nuclear Plant, is providing this information to the NRC on behalf of MEAG.
Based on the information presented herein, there is reasonable assurance that the funding necessary for decommissioning the Edwin I. Hatch Nuclear Plant, consistent with the NRC prescribed minimum set forth in 1 0 CFR 50.75(c), will be available on the expiration date of operating licenses DPR-57 and NPF-5.
Please advise if you have any questions or comments regarding the information provided herein.
Respectfully submitted, Enclosure Municipal Electl'ic Authol'ity of Georgia 1470 Riveredge Parkway NW Atlanta, Georgia 30328 4640 1-800-333-MEAG 770-563-0:lOO Fax 770-953-3141
1 2
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7 Enclosure Edwin I. Hatch Nuclear Plant Municipal Electric Authority of Georgia Ownership Percentage-17.7%
10 CFR 50.75(f)(1) Requirement Unit 1 The NRC minimum decommissioning estimate, pursuant to 10 CFR 50.75(b) and (c). 1
$102,769,000 2 The amount accumulated at the end of the calendar year preceding the date of the report for
$110,640,440 items included in 10 CFR 50.75(b) and (c).
A schedule of the annual amounts remaining to be See Schedule in collected; for items in 10 CFR 50.75(b) and (c).
The assumptions used regarding:
(a) rates of escalation in decommissioning 2.49%
costs; (b) rates of earnings on decommissioning 4.15%
funds; (c) real rate of return; and 1.66%
(d) rates of other factors used in funding None projections.
Any contracts upon which the licensee is relying MEAG Power Sales pursuant to 10 CFR 50.75(e)(1 )(v).
Contracts Any modifications to a licensee's current method None of providing financial assurance occurring since the last submitted report.
Any material changes to trust agreements.
None NOTES:
Unit2
$102,769,000 2
$110,172,122 See Schedule in 2.49%
4.15%
1.66%
None MEAG Power Sales Contracts None None 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. 16, for the burial factor (Option 2) and the December 2016 BLS data for labor and energy.
Schedule of the Annual Amounts Remaining to be Collected
Calendar Year 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 Total MEAGPOWER Decommissioning Funding Plan Nuclear Decommissioning Fund -Hatch I (Dollars in tho11sands)
Balance at Less:
Balance at Be~. of Year Contributions (I)
Eamin~s Fees End of Year (A)
(8)
(C)
(D)
(E) 110,640 110,640 4,589 (171) 115,058 115,058 4,772 (178) 119,652 119,652 4,963 (185) 124,430 124,430 5,161 (192) 129,399 129,399 5,367 (200) 134,566 134,566 5,581 (208) 139,939 139,939 5,804 (216) 145,528 145,528 6,036 (224) 151,339 151,339 6,277 (233) 157,383 157,383 6,527 (242) 163,668 163,668 6,788 (252) 170,204 170,204 7,059 (262) 177,001 177,001 7,341 (272) 184,070 184,070 7,634 (283) 191,421 191,421 7,939 (294) 199,066 199,066 8,256 (306) 207,017 207,017 8,586 (318) 215,285 215,285 5,953 (220) 221,017 114,633 (4,256)
Footnotes:
(I)- Based on the current funding levels and decommissioning forecast, the decommissioning contributions for Hatch Unit One are being suspended.
Date: 3/23/2017; Time: 9:52AM
Calendar Year 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 Total MEAGPOWER Decommissioning Funding Plan Nuclear Decommissioning Fund-Hatch 2 (Dollars in thousands)
Balance at Less:
Balance at Beg. ofYear Contributions (I)
Earnings Fees End of Year (A)
(B)
(C)
(D)
(E) 110,172 110,172 4,569 (170) 114,571 114,571 4,752 (177) 119,146 119,146 4,942 (184) 123,904 123,904 5,139 (191) 128,851 128,851 5,344 (199) 133,997 133,997 5,558 (207) 139,348 139,348 5,779 (215) 144,912 144,912 6,010 (223) 150,699 150,699 6,250 (232) 156,717 156,717 6,500 (241) 162,976 162,976 6,759 (251) 169,484 169,484 7,029 (261) 176,253 176,253 7,310 (271) 183,292 183,292 7,602 (282) 190,612 190,612 7,906 (293) 198,225 198,225 8,221 (305) 206,141 206,141 8,550 (317) 214,374 214,374 8,891 (329) 222,936 222,936 9,246 (342) 231,840 231,840 9,616 (358) 241,098 241,098 10,000 (373) 250,725 250,725 5,199 (194) 255,730 151,173 (5,614)
Footnotes:
(I)- Based on the current funding levels and decommissioning forecast, the decommissioning contributions for Hatch Unit Two are being suspended.
Date: 3/23/20 17; Time: 9:52 AM
Edwin I. Hatch Nuclear Plant Financial Assurance Requirements for Decommissioning Nuclear Power Reactors Dalton Utilities Response
Docket Nos.: 50-321 50-366
~
Dalton UTILITIES U. S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, D.C. 20555 Edwin I. Hatch Nuclear Plant Financial Assurance Requirements for Decommissioning Nuclear Power Reactors (10 CFR 50.75(f)(1))
Dear Ladies and Gentlemen:
Pursuant to 10 CFR 50.75(f)(1 ), each power reactor licensee is required to report to the NRC the status of its decommissioning funding for each reactor or part of each reactor it owns on a calendar year basis, beginning on March 31, 1999, and every two years thereafter. Dalton Utilities (Dalton) hereby submits the enclosed information in accordance with 10 CFR 50.75(f)(1) for operating licenses DPR-57 and NPF-5 issued for Edwin I. Hatch Nuclear Plant Unit 1 and 2, respectively. Southern Nuclear Operating Company, as the operating licensee and as an agent for the owners of the Edwin I. Hatch Nuclear Plant, is providing this information to the NRC on behalf of Dalton.
Based on the information presented herein, there is reasonable assurance that the funding necessary for decommissioning the Edwin I. Hatch Nuclear Plant, consistent with the NRC prescribed minimum set forth in 10 CFR 50.75(c), will be available on the expiration date of operating licenses DPR-57 and NPF-5.
Please advise if you have any questions or comments regarding the information provided herein.
Respectfully submitted, Dalton Utilities, by, Enclosure 1200 V.D. Parrott, Jr. Parkway + P.O. Box 869 -"' Dalton, GA 30722 " 706.278.1313 *' 706.278.7230 Fax "" www.dutil.com ffptilinR What is P 0 S S IB L E:
1 2
3 4
5 6
7 Enclosure Edwin 1. Hatch Nuclear Plant Dalton Utilities Ownership Percentage - 2.2%
1 0 CFR 50.75(1)(1) Requirement Unlt1 The NRC minimum decommissioning estimate, pursuant to 10 CFR 50.75(b) and (c). 1
$14,222,000 2 The amoll\\1 accumulated at the end of the
$18,213,368 calendar year preceding the data of the report for Items Included In 10 CFR 50.75(b) and (c).
A schedule of the annual amounts remaining to be Sea Schedule In coDectad; for Items In 10 CFR 50.75(b) and (c).
The assumptions used regarding:
(a) rates of escalation In decommissioning 2.4U costs; (b) rates of earnings on decommissioning 3.27%
funds; (c) real rate of return; and
.86%
(d) rates of other factors used In funding N/A projections.
Any contracts upon which the licensee Is relying None purauant t~ 10 CFA 50.75(a)(1)(v).
Any modftcatlona to a Dcenaee'a CII'Tenl method None o I providing financial assurance occurring since the laataubmlttad report.
Any material changes to trust agreements.
None NOTES:
Unlt2
$1 4,222,000 2
$17,597,318 Sea Schedule In 2.41%
3.27%
.86%
N/A None None None 1 The NRC formulas In aactlon 10 CFR 50.75(c) Include only those decommissioning coats lncurrad by licensees to remove a facility or site safely from service and reduce residual radioactivity to levels that permit: (1) release of the property lor 11\\restr!cted usa and termination of the llcanse; or (2) release of the property under rasirictad conditions and termination of the license. The cost of dismantling or demolishing non-radiological systems and structures t. not Included In the NRC decommissioning cost estimates. The costa of managing and storing spent fuel on*alle untD transfer to DOE are not Included In the coat formulas.
2 This amount Ia baaed on NUREG*1307, Rev. 15, for the burial factor(OpUon 2) and the Decamber2014 BLS data lor labor and energy.
f': *~
Schedule of the Annual Amounts Remaining to be Collected Schedule of the Annual Amounts Remaining to be Collected Dalton Utilities 2016 NRC MINIMUM Hatch 1 Hatch 2 Earnings Rate 2.269 Earnings Rate 2.269 Balance Balance Balance Balance Year Beginning of Year Earnings Contribution End of Year Year Beginning of Year Earnings Contribution End of Year 2016 19,257,118 436,944 0
19,694,062 2016 19,142,931 434,353 0
19,577,284 2017 19,694,062 446,858 0
20,140,920 2017 19,577,284 444,209 0
20,021,493 2018 20,140,920 456,997 0
20,597,918 2018 20,021,493 454,288 0
20,475,780 2019 20,597,918 467,367 0
21,065,285 2019 20,475,780 464,595 0
20,940,376 2020 21,065,285 477,971 0
21,543,256 2020 20,940,376 475,137 0
21,415,513 2021 21,543,256 488,816 0
22,032,072 2021 21,415,513 485,918 0
21,901,431 2022 22,032,072 499,908 0
22,531,980 2022 21,901,431 496,943 0
22,398,374 2023 22,531,980 511,251 0
23,043,231 2023 22,398,374 508,219 0
22,906,593 2024 23,043,231 522,851 0
23,566,082 2024 22,906,593 519,751 0
23,426,344 2025 23,566,082 534,714 0
24,100,796 2025 23,426,344 531,544 0
23,957,888 2026 24,100,796 546,847 0
24,647,643 2026 23,957,888 543,604 0
24,501,492 2027 24,647,643 559,255 0
25,206,898 2027 24,501,492 555,939 0
25,057,431 2028 25,206,898 571,945 0
25,778,843 2028 25,057,431 568,553 0
25,625,984 2029 25,778,843 584,922 0
26,363,764 2029 25,625,984 581,454 0
26,207,438 2030 26,363,764 598,194 0
26,961,958 2030 26,207,438 594,647 0
26,802,085 2031 26,961,958 611,767 0
27,573,725 2031 26,802,085 608,139 0
27,410,224 2032 27,573,725 625,648 0
28,199,373 2032 27,410,224 621,938 0
28,032,162 2033 28,199,373 639,844 0
28,839,217 2033 28,032,162 636,050 0
28,668,212 2034 28,839,217 654,362 0
29,493,579 2034 28,668,212 650,482 0
29,318,693 2035 29,318,693 665,241 0
29,983,934 19,886,566 2036 29,983,934 680,335 0
30,664,270 NRC Minimum 2037 30,664,270 695,772 0
31,360,042 from 2/17 letter 2038 31,360,042 711,559 0
32,071,602 21,942,483 NRC Minimum from 2/171etter