View source for RC-10-0037, Guarantee of Payment of Deferred Premium Annual 10CFR140.21(e) Report

{{Adams
| number = ML100920070
| issue date = 03/30/2010
| title = Guarantee of Payment of Deferred Premium Annual 10CFR140.21(e) Report
| author name = Gatlin T
| author affiliation = South Carolina Electric &amp; Gas Co
| addressee name = 
| addressee affiliation = NRC/Document Control Desk, NRC/NRR
| docket = 05000395
| license number = NPF-012
| contact person = 
| case reference number = RC-10-0037
| document type = Financial Assurance Document, Legal-Affidavit, Letter type:RC
| page count = 4
}}

=Text=
{{#Wiki_filter:Attachment 2 Contains SCE&G Thomas D. Gatlin Proprietary Information                                    Vice President,NuclearOperations 803.345.4342 March 30, 2010 A SCANA COMPANY U. S. Nuclear Regulatory Commission Document Control Desk Washington, DC 20555

==Dear Sir / Madam:==

==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 10CFR1 40.21 (e), South Carolina Electric & Gas Company (SCE&G) is hereby submitting the required 2009 actual and 2010 projected cash flow statements.
Portions of the 2010 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, Thomas D. Gatlin DWR/TDG/sr Attachments (3)
: 1. SCE&G Affidavit to Request Withholding of Proprietary Information from Public Disclosure
: 2. SCE&G's 2009 Actual Cash Flow and 2010 Projected Cash Flow (Proprietary Version)
: 3. SCE&G's 2009 Actual Cash Flow and 2010 Projected Cash Flow (Non-Proprietary Version) c:   K. B. Marsh                                                                               R. E. Martin S. A. Byrne                                                                               NRC Resident Inspector J. B. Archie                                                                              K. M. Sutton N. S. Carns                                                                               NSRC J. H. Hamilton                                                                            RTS (LTD 202)
R. J. White                                                                              File       (818.02-4, RR 8175)
W. M. Cherry                                                                              DMS (RC-10-0037)
L. A. Reyes Attachment 2 Contains SCE&G Proprietary Information This letterforwards ProprietaryInformation in accordancewith IOCFR 2.390. The balance of this letter may be considerednon-proprietaryupon removal of Attachment 2.
Virgil C.Summer Station
* Post Office Box 88 *Jenkinsville, SC .29065 *T(803) 345-5209

Document Control Desk, USNRC LTD 202 RC-10-0037 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, 2010, 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 Vice President, Nuclear 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 2010 Projected Cash Flow that is included in Attachment 2 to SCE&G's March 30, 2010 letter to the NRC entitled "Guarantee of Payment of Deferred Premiums Annual 10CFR140.21 (e) Report".
Attachment 2, a one-page document, has the words "Proprietary Version" on the top and 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 10 CFR 2.390(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 10 CFR 2.390(b)(4).
: 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- 10-0037 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 2010 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.
I certify under penalty of perjury that the foregoing is true and correct.
SOUTH CAROLINA ELECTRIC & GAS COMPANY 5 on/o Eec.3e                               By                d       &#xfd; E ecuied on                                        Thomas D. Gatlin Vice President, Nuclear Operations

Document Control Desk, USNRC LTD 202 RC- 10-0037 Page 1 of 1 NON-PROPRIETARY VERSION 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      PROJECTION YEAR 2009                 2010 ACTUAL TOTAL             TOTAL NET INCOME AFTER TAXES                     $             281 LESS DIVIDENDS PAID                        $            (176)
RETAINED EARNINGS                          $             105 ADJUSTMENTS DEPRECIATION AND AMORTIZATION           $             272 DEFERRED INCOME TAXES AND                                      Withheld from INVESTMENT TAX CREDITS                $               82    public disclosure ALLOWANCE FOR FUNDS USED                                        per Affidavit DURING CONSTRUCTION                   $              (39)
TOTAL ADJUSTMENTS                          $             315 INTERNAL CASH FLOW                         $             419 AVERAGE QUARTERLY CASH FLOW                $           104.75 NON-PROPRIETARY VERSION}}