View source for L-2009-273, St. Lucie, Units 1 & 2, Turkey Point, Units 3 & 4, Seabrook, Duane Arnold, Point Beach, Units 1 & 2, 10 CFR 140.21 Licensee Guarantees of Payment of Deferred Premiums

{{Adams
| number = ML093620189
| issue date = 12/23/2009
| title = St. Lucie, Units 1 & 2, Turkey Point, Units 3 & 4, Seabrook, Duane Arnold, Point Beach, Units 1 & 2, 10 CFR 140.21 Licensee Guarantees of Payment of Deferred Premiums
| author name = Cornell M
| author affiliation = Florida Power &amp; Light Co
| addressee name = 
| addressee affiliation = NRC/Document Control Desk, NRC/NRR
| docket = 05000250, 05000251, 05000266, 05000301, 05000331, 05000335, 05000389, 05000443
| license number = 
| contact person = 
| case reference number = L-2009-273
| document type = Financial Assurance Document, Letter type:L
| page count = 9
}}

=Text=
{{#Wiki_filter:Florida Power & Light Company, 700 Universe Boulevard, P.O. Box 14000, Juno Beach, FL 33408-0420 FPL December 23, 2009 L-2009-273 10 CFR 140.21 U. S. Nuclear Regulatory Commission Attn: Document Control Desk Washington, DC 20555 Re: Florida Power and Light Company St. Lucie Units 1 and 2, Docket Nos. 50-335, 50-389 Turkey Point Units 3 and 4, Docket Nos. 50-250, 50-251 NextEraTM Energy Seabrook, LLC Seabrook Station, Docket No. 50-443 NextEraTM Energy Duane Arnold, LLC Duane Arnold Energy Center, Docket No. 50-331 NextEra T M Energy Point Beach, LLC Point Beach Units 1 and 2, Docket Nos. 50-266, 50-301 10 CFR 140.21 Licensee Guarantees of Payment of Deferred Premiums In accordance with 10 CFR 140.21, Florida Power and Light Company, the licensee for the St.Lucie Nuclear Plant, Units 1 and 2, and the Turkey Point Nuclear Plant, Units 3 and 4 (hereafter referred to as FPL) and its FPL Group affiliates, NextEra Energy Seabrook, LLC (NextEra Energy Seabrook) the licensee for Seabrook Station; NextEra Energy Duane Arnold, LLC (NextEra Energy Duane Arnold), the licensee for Duane Arnold Energy Center (DAEC); and NextEra Energy Point Beach, LLC (NextEra Energy Point Beach), the licensee for Point Beach Nuclear Plant, Units 1 and 2 (hereafter referred to collectively as NextEra Energy) hereby submit the attached certified financial statements.
Attachment 1 gives the Florida Power and Light Company internal cash flow for the 12 months ended September 30, 2009, and for the projected 12 months ended September 30, 2010.Attachments 2, 3, and 4 give the NextEra Energy Seabrook, NextEra Energy Duane Arnold, and NextEra Energy Point Beach internal cash flow for the 12 months ended September 30, 2009, and for the projected 12 months ended September 30, 2010, respectively.
Should there be any questions on this information, please contact Mark Dryden at (561) 694-4430.Very truly yours, Mc r rnel l Director, Licensing and Performance Improvement Attachments cOI an FPL Group company 0 Attachment 1
FLORIDA POWER & LIGHT COMPANY Internal Cash Flow Excluding Retained Earnings Actual 12 Months Ended September 30, 2009 Projected 12 Months Ended September 30, 2010$ Millions Depreciation and Amortization 957 1,122 Deferred Income Taxes and Investment Tax Credits Internal Cash Flow excluding Retained Earnings applied toward Requirements Average Quarterly Cash Flow excluding Retained Earnings Percentage Ownership of Operating Nuclear Units 373 117 1,330 1,239 333 310 Turkey Point No. 3 Turkey Point No. 4 St. Lucie No. 1 St. Lucie No. 2 100 %100 %100 %85.10449 % (1)Maximum Total Contingent Liability 70 70 (1) FPL sold 6.08951% of St. Lucie No. 2 to the Orlando Utilities Commission in January 1981 and 8.806% to the Florida Municipal Power Agency in May 1983.Certified by: Robert E. Barrett Vice President, Finance Attachment 2
NEX (NextEra Energy Se (Using Suggested TERA ENERGY SEABROOK, LLC abrook, LLC owns 88.22889%
of Seabrook Unit 1)Internal Cash Flow Simplified Format per NRC Regulatory Guide 9.4)Actual Projected 12 Months Ended 12 Months Ended September 30, 2009 September 30, 2010 308 269 0 0 308 269$ Millions Net Income After Taxes Less Dividends Paid Retained Earnings Adjustments:
Depreciation and Amortization Other Than Temporary Investment Impairments Deferred Income Taxes and Investment Tax Credits Allowance for Funds Used During Construction Total Adjustments Internal Cash Flow Average Quarterly Cash Flow Maximum Total Contingent Liability Certified by: 6_t_26 48 41 0 115 423 106 17.5 28 0 8 0 36 305 76 17.5 Vice President and Treasurer Attachment 3
NEXTERA ENERGY DUANE ARNOLD, LLC (NextEra Energy Duane Arnold, LLC owns 70% of Duane Arnold Unit 1)Internal Cash Flow (Using Suggested Simplified Format per NRC Regulatory Guide 9.4)$ Millions Net Income After Taxes Less Dividends Paid Retained Earnings Adjustments:
Depreciation and Amortization Other Than Temporary Investment Impairments Deferred Income Taxes and Investment Tax Credits Allowance for Funds Used During Construction Total Adjustments Internal Cash Flow Average Quarterly Cash Flow Maximum Total Contingent Liability Actual 12 Months Ended September 30, 2009 19 0 19 Projected 12 Months Ended September 30, 2010 34 0 34 21 37 (7)22 0 3 0 51 70 18 17.5 0 25 59 15 17.5 Certified b Mark R. Sorensen Vice President and Treasure!(>"I Attachment 4
NEXTERA ENERGY POINT BEACH, LLC (NextEra Energy Point Beach, LLC owns 100% of Point Beach Units 1 and 2)Internal Cash Flow (Using Suggested Simplified Format per NRC Regulatory Guide 9.4)Actual Projected 12 Months Ended 12 Months Ended September 30, 2009 September 30, 2010 r Taxes 38 48 nds Paid 0 0 as 38 48$ Millions Net Income Afte Less Divider Retained Earninc Adjustments:
Depreciation and Amortization Other Than Temporary Investment Impairments Deferred Income Taxes and Investment Tax Credits Allowance for Funds Used During Construction Total Adjustments Internal Cash Flow Average Quarterly Cash Flow Maximum Total Contingent Liability 11 56 0 0 67 105 30 0 32 0 62 110 28 35.0,(17.5 x 2 units)26 35.0 (17.5 x 2 units)Certified by: Mark R. Sorensen Vice President and Treasurer}}