View source for RA-10-010, Submittal of Biennial Decommissioning Funding Status Report Correction

{{Adams
| number = ML101450394
| issue date = 05/18/2010
| title = Submittal of Biennial Decommissioning Funding Status Report Correction
| author name = Mccabe B
| author affiliation = Progress Energy Carolinas, Inc
| addressee name = 
| addressee affiliation = NRC/Document Control Desk, NRC/NRR
| docket = 05000325
| license number = DPR-071
| contact person = 
| case reference number = RA-10-010
| document type = Decommissioning Funding Plan DKTs 30, 40, 50, 70, Financial Assurance Document, Letter type:RA, Status Report
| page count = 7
}}

=Text=
{{#Wiki_filter:Progress Energy                                                                10 CFR 50.75(f)(1)
PO Box 1551 411 Fayetteville Street Mall Raleigh NC 27602 Serial: RA-10-010 May 18, 2010 United States Nuclear Regulatory Commission ATTENTION: Document Control Desk Washington, DC 20555-0001 BRUNSWICK STEAM ELECTRIC PLANT, UNIT NO. 1 DOCKET NO. 50-325 / LICENSE NO. DPR-71 BIENNIAL DECOMMISSIONING FUNDING STATUS REPORT CORRECTION Ladies and Gentlemen:
Pursuant to 10 CFR 50.75(f)(1), Carolina Power & Light Company, now doing business as Progress Energy Carolinas, Inc. (PEC), submitted the biennial status report for funding the decommissioning of Brunswick Steam Electric Plant, Unit No. 1, by letter dated March 25, 2009. As a convenience to the NRC, the North Carolina Eastern Municipal Power Agency (NCEMPA) biennial status report for Brunswick Steam Electric Plant, Unit No. 1, was enclosed in the March 25, 2009, letter.
On May 12, 2010, ElectriCities of North Carolina, Inc., notified PEC that a clerical error had been discovered regarding the NCEMPA fund balance reported for Brunswick Steam Electric Plant, Unit No. 1. Enclosure 1 contains additional detail regarding the clerical error.
The clerical error appeared on Page 1 of 3 of the NCEMPA Enclosure in the March 25, 2009, letter.
Please replace the page containing the clerical error with the corrected page provided in Enclosure 2 of this letter.
PEC assumes no responsibility for the NCEMPA information contained in Enclosures 1 and 2.
This document contains no new regulatory commitment.
Please contact me at (919) 546-4579 if you need additional information concerning this correction.
Sincerely, Brian McCabe Manager - Nuclear Regulatory Affairs DBM Ac._

United States Nuclear Regulatory Commission RA-10-010 Page 2

==Enclosures:==
: 1. ElectriCities Letter, Amended - North Carolina Eastern Municipal Power Agency, 2009 NRC Financial Decommissioning Funding Status Report, Brunswick Steam Electric Plant, Unit 1 (BNP), Dated May 12, 2010
: 2. Replacement Page c:
USNRC Region II USNRC Resident Inspector - BSEP F. Saba, NRR Project Manager - BSEP E. S. Finley, Jr. - Chairman, North Carolina Utilities Commission R. Vance - North Carolina Utilities Commission S. Watson - North Carolina Utilities Commission

United States Nuclear Regulatory Commission  to RA- 10-010 ENCLOSURE 1 ELECTRICITIES LETTER, AMENDED - NORTH CAROLINA EASTERN MUNICIPAL POWER AGENCY 2009 NRC FINANCIAL DECOMMISSIONING FUNDING STATUS REPORT BRUNSWICK STEAM ELECTRIC PLANT, UNIT 1 (BNP),
DATED MAY 12, 2010

                                      ,,_ELECTRICHI1ES1 Serving Public Power Communities Since 1965 May 12, 2010 Ms. Cheryl Gaffney, CPA                                  VIA EMAIL Regulatory Accounting Progress Energy Carolinas 412 S. Wilmington Street Raleigh, NC 27601

==SUBJECT:==
AMENDED -
North Carolina Eastern Municipal Power Agency 2009 NRC Financial Decommissioning Funding Status Report Brunswick Steam Electric Plant, Unit 1 (BNP)

==Dear Cheryl:==

'Attached is the amended 2009 NRC Financial Decommissioning Funding Status Report, Status of Financial Assurance for Brunswick Steam Electric Plant, Unit 1 related to NCEMPA's ownership share of the jointly owned unit. The amendment reflects a correction of a clerical error in the December 31, 2008 fund balance for Brunswick Steam Electric Plant, Unit 1. The corrected amount is $68,088,393. No other items on the document were changed. NCEMPA continues to be adequately funded with this correction.
Based on your e-mail, we will have Progress Energy file this correction with the NRC on behalf of NCEMPA. Once the filing is complete, I would appreciate a copy of the filing.
If you should have any questions regarding the attached please call Carol McCrary at (919) 760-6332.
Thank you for making the filing on NCEMPA's behalf.
Sincerely, F. Timothy Tunis Chief Financial Officer Assistant Secretary and Assistant Secretary-Treasurer
:FIT Attachments cc: Carol McCrary ElectriCities of North Carolina, Inc.
North Carolina Municipal Power Agency Number I - North Carolina Eastern Municipal Power Agency 1427 Meadow Wood Blvd., Raleigh, North Carolina 27604 - P.O. Box 29513, Raleigh, North Carolina 27626-0513 9191760-6000
* Fax: 9191760-6050' http://www.electricities.com

United States Nuclear Regulatory Commission RA-09-002 Enclosure Page 1 of 3 Amended May 12, 2010 NORTH CAROLINA EASTERN MUNICIPAL POWER AGENCY SUBMITTAL Attachment 2 Status of Financial Assurance Mechanism Brunswick Steam Electric Plant, Unit No. I (BNP)                           Docket No. 50-325 / License No. DPR-71 The following information is submitted in accordance with 10 CFR 50.75(c ):
* Amount of decommissioning funds estimated to be required pursuant to 10 CFR 50.75(b), (c) and NUREG-1307, Rev. 13:
  *'       $549.7 million; NCEMPA Share (18.33%) =            $100.8 million
* The fund balance for the amount accumulated as of December 31, 2008:
             $68,088,393 Sum of the annual amounts remaining to be collected:
            $6,945,000    (through September 8, 2b&#xfd;36)'
Assumptions:
Escalation rate in decommissioning costs =                 4.0%
Earnings rate on decommissioning funds =                   6.0%
* Contracts upon which the licensee is relying pursuant to 10 CFR 50.75(e)(1)(v).
None
* Modifications occurring to a licensee's current method of providing financial assurance since the last submitted report.
None
* Material changes to trust agreements.
None
                                                     'I.   :;
* Att 2 B1 Sub Sum              DecomNRCMin Mar2009 (extended Harris) (PEC Filing) (NRC visit)        5/12/2010 2:07 PM

United States Nuclear Regulatory Commission  to RA- 10-010 ENCLOSURE 2 REPLACEMENT PAGE

United States Nuclear Regulatory Commission RA-09-002 Enclosure Page 1 of 3 NORTH CAROLINA EASTERN MUNICIPAL POWER AGENCY SUBMITTAL Status of Financial Assurance Mechanism Brunswick Steam Electric Plant, Unit No. 1 (BNP) Docket No. 50-325 1 License No. DPR-71 The following information is submitted in accordance with 10 CFR 50.75(c):
   " Amount of decommissioning funds estimated to be required pursuant to 10 CFR 50.75(b), (c) and NUREG-1307, Rev. 13:
        $549.7 million; NCEMPA Share (18.33%) = $100.8 million
   "    The fund balance for the amount accumulated as of December 31, 2008:
Corrected via letter
        $68,088,393                                                                        IRA-10-0 10, dated May 18, 2010.
   "    Sum of the annual amounts remaining to be collected:
        $ 6,945,000 (through September 8, 2036)
   "    Assumptions:
Escalation rate in decommissioning costs = 4.0%
Earnings rate on decommissioning funds = 6.0%
   "    Contracts upon which the licensee is relying pursuant to 10 CFR 50.75(e)(1)(v).
None
   "    Modifications occurring to a licensee's current method of providing financial assurance since the last submitted report.
None
* Material changes to trust agreements.
None}}