RC-07-0047, Guarantee of Payment of Deferred Premiums Annual 10CFR140.21(e) Report

Guarantee of Payment of Deferred Premiums Annual 10CFR140.21(e) Report

ML070930603
Person / Time
Site:	Summer
Issue date:	03/30/2007
From:	Archie J South Carolina Electric & Gas Co
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
LTD 202, RC-07-0047
Download: ML070930603 (4)

Text

Jeffrey B. Archie Vice President, Nuclear Operations 803.345.4214 March 30, 2007 A SCANA COMPANY U. S. Nuclear Regulatory Commission Document Control Desk Washington, DC 20555

Subject:

VIRGIL C. SUMMER NUCLEAR STATION (VCSNS)

DOCKET NO. 50/395 OPERATING LICENSE NO. NPF-12 GUARANTEE OF PAYMENT OF DEFERRED PREMIUMS ANNUAL 10CFR140.21(e) REPORT In accordance with 10CFR140.21(e), South Carolina Electric & Gas Company (SCE&G), acting for itself and as agent for South Carolina Public Service Authority, is hereby submitting the required 2006 actual and 2007 projected cash flow statements.

Portions of the 2007 cash flow information are considered company confidential, and as such we request that it be withheld from public disclosure pursuant to 10CFR2.390(b)(1). The affidavit to support this request is provided as Attachment 1. Proprietary and non-proprietary versions of the cash flow information are provided by Attachment 2 and Attachment 3 respectively.

Should you have any questions, please contact Mrs. Donna Railey at (803) 345-4107.

Very truly yours, Jeffrey B. Archie DWR/JBA/dr Attachments (3)

1. SCE&G Affidavit to Request Withholding of Proprietary Information from Public Disclosure

2. SCE&G's 2006 Actual Cash Flow and 2007 Projected Cash Flow (Proprietary Version)

3. SCE&G's 2006 Actual Cash Flow and 2007 Projected Cash Flow (Non-Proprietary Version) c:

K. B. Marsh NRC Resident Inspector S. A. Byrne K. M. Sutton N. S. Carns NSRC J. H. Hamilton RTS (LTD 202)

R. J. White File (818.02-4, RR 8175)

W. D. Travers DMS (RC-07-0047)

R. E. Martin Contains SCE&G Proprietary Information SCE&G I Virgil C. Summer Nuclear Station

• P.0. Box 88. Jenkinsville, South Carolina 29065 aT (803) 345.5209 www.scana.com

Document Control Desk, USNRC LTD 202 RC-07-0047 Page 1 of 2 UNITED STATES NUCLEAR REGULATORY COMMISSION SOUTH CAROLINA ELECTRIC & GAS COMPANY OPERATING LICENSE NO. NPF-12 VIRGIL C. SUMMER NUCLEAR STATION DOCKET NO. 50/395 Request to Withhold Proprietary Information from Public Disclosure South Carolina Electric & Gas Company, a South Carolina corporation, hereby requests that to the letter entitled "Guarantee of Payment of Deferred Premiums Annual 10CFR140.21(e) Report" dated March 30, 2007, be withheld from public disclosure due to its proprietary nature. The details of this request are provided in the following affidavit:

AFFIDAVIT I, Thomas D. Gatlin, being duly sworn, depose and state as follows:

(1)

I am General Manager, Nuclear Plant Operations, South Carolina Electric & Gas Company (SCE&G) and have been delegated the function of reviewing the information described in paragraph (2) which is sought to be withheld, and have been authorized to apply for its withholding.

(2)

The information sought to be withheld consists of portions of the 2007 Projected Cash Flow that is included in Attachment 2 to SCE&G's March 30, 2007 letter to the NRC entitled "Guarantee of Payment of Deferred Premiums Annual 10CFR140.21 (e) Report"., a one-page document, has the words "SCE&G Proprietary Information" on the bottom of the page.

(3)

In making this application for withholding of proprietary information of which it is the owner, SCE&G relies upon the exemption from disclosure set forth in the NRC regulation 10CFR2.390(b)(1) for confidential financial information.

(4)

Justification for the request for withholding from public disclosure is provided by addressing the five items identified in 10CFR2.390(b)(4).

To the best of my knowledge and belief:

a.

This information is considered company confidential and has been held in confidence by SCE&G.

b.

This information is of the type customarily held in confidence by SCE&G and the rationale basis is that it would provide an unfair advantage to competitors if it were disclosed.

Document Control Desk, USNRC LTD 202 RC-07-0047 Page 2 of 2

c.

This information is transmitted in confidence to the NRC and the purpose of this request is to maintain its confidentiality.

d.

The 2007 projected cash flow information is not available from public sources.

e.

Public disclosure of the information sought to be withheld is likely to cause harm to SCE&G's competitive position and reduce the availability of profit-making opportunities.

This letter contains no restricted or other defense information.

I certify under penalty of perjury that the foregoing is true and correct.

SOUTH CAROLINA ELECTRIC & GAS COMPANY C)~3 O

By____ ____ ____

Executed on Thomas D. Gatlin General Manager, Nuclear Plant Operations

i Document Control Desk, USNRC LTD 202 RC-07-0047 Page 1 of 1 SOUTH CAROLINA ELECTRIC & GAS COMPANY INTERNAL CASH FLOW PROJECTION FOR V. C. SUMMER NUCLEAR POWER STATION Excludes SC Generating Company (MILLIONS OF DOLLARS)

PRIOR YEAR 2006 ACTUAL TOTAL 234 (159) 75 PROJECTION YEAR 2007 TOTAL NET INCOME AFTER TAXES LESS DIVIDENDS PAID RETAINED EARNINGS ADJUSTMENTS DEPRECIATION AND AMORTIZATION DEFERRED INCOME TAXES AND INVESTMENT TAX CREDITS ALLOWANCE FOR FUNDS USED DURING CONSTRUCTION TOTAL ADJUSTMENTS INTERNAL CASH FLOW AVERAGE QUARTERLY CASH FLOW 291 (35)

Withheld from public disclosure per Affidavit (8) 248 323 81 NON-PROPRIETARY