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{{#Wiki_filter:Progress Enegy 10 CFR 140.21(e)PO Box 1551 411 Fayetteville Street Mall Raleigh NC 27602 Serial: PE&RAS-07-019 April 16, 2007 Director, Office of Nuclear Reactor Regulation United States Nuclear Regulatory Commission ATTENTION:
{{#Wiki_filter:Progress Enegy                                                                   10 CFR 140.21(e)
Document Control Desk Washington, DC 20555-0001 BRUNSWICK STEAM ELECTRIC PLANT, UNIT NOS. 1 AND 2 DOCKET NOS. 50-325 AND 50-324 / LICENSE NOS. DPR-71 AND DPR-62 CRYSTAL RIVER UNIT 3 NUCLEAR GENERATING PLANT DOCKET NO. 50-302 / LICENSE NO. DPR-72 SHEARON HARRIS NUCLEAR POWER PLANT, UNIT NO. 1 DOCKET NO. 50-400 / LICENSE NO. NPF-63 H. B. ROBINSON STEAM ELECTRIC PLANT, UNIT NO. 2 DOCKET NO. 50-261 / LICENSE NO. DPR-23 EVIDENCE OF GUARANTEE OF PAYMENT OF DEFERRED PREMIUMS Ladies and Gentlemen:
PO Box 1551 411 Fayetteville Street Mall Raleigh NC 27602 Serial: PE&RAS-07-019 April 16, 2007 Director, Office of Nuclear Reactor Regulation United States Nuclear Regulatory Commission ATTENTION: Document Control Desk Washington, DC 20555-0001 BRUNSWICK STEAM ELECTRIC PLANT, UNIT NOS. 1 AND 2 DOCKET NOS. 50-325 AND 50-324 / LICENSE NOS. DPR-71 AND DPR-62 CRYSTAL RIVER UNIT 3 NUCLEAR GENERATING PLANT DOCKET NO. 50-302 / LICENSE NO. DPR-72 SHEARON HARRIS NUCLEAR POWER PLANT, UNIT NO. 1 DOCKET NO. 50-400 / LICENSE NO. NPF-63 H. B. ROBINSON STEAM ELECTRIC PLANT, UNIT NO. 2 DOCKET NO. 50-261 / LICENSE NO. DPR-23 EVIDENCE OF GUARANTEE OF PAYMENT OF DEFERRED PREMIUMS Ladies and Gentlemen:
Pursuant to 10 CFR 140.21(e), enclosed are 2006 actual and 2007 projected cash flow statements as evidence of guarantee of payment of deferred premiums for the above listed plants belonging to Carolina Power & Light Company, now doing business as Progress Energy Carolinas, Inc. (PEC), and Florida Power Corporation, now doing business as Progress Energy Florida, Inc. (PEF).Enclosure 1 provides evidence of guarantee of payment of deferred premiums for the principal owner-licensee and other owners-licensees of Brunswick Units 1 and 2, Harris Unit 1, and Robinson Unit 2.Enclosure 2 provides evidence of guarantee of payment of deferred premiums for the principal owner-licensee and other owners-licensees of Crystal River Unit 3.This document contains no new regulatory commitment.
Pursuant to 10 CFR 140.21(e), enclosed are 2006 actual and 2007 projected cash flow statements as evidence of guarantee of payment of deferred premiums for the above listed plants belonging to Carolina Power & Light Company, now doing business as Progress Energy Carolinas, Inc. (PEC),
If you have additional questions, please call me at (919) 546-6901.Sincerel, J. aul Fulford (dmager -Perf mance v-Evaluation  
and Florida Power Corporation, now doing business as Progress Energy Florida, Inc. (PEF). provides evidence of guarantee of payment of deferred premiums for the principal owner-licensee and other owners-licensees of Brunswick Units 1 and 2, Harris Unit 1, and Robinson Unit 2. provides evidence of guarantee of payment of deferred premiums for the principal owner-licensee and other owners-licensees of Crystal River Unit 3.
& Regulatory Affairs DMF Enclosures (2)Iqo United States Nuclear Regulatory Commission PE&RAS-07-019 Page 2 c: W. D. Travers, Regional Administrator  
This document contains no new regulatory commitment.
-Region II USNRC Resident Inspector  
If you have additional questions, please call me at (919) 546-6901.
-BSEP, Unit Nos. 1 and 2 USNRC Resident Inspector  
Sincerel, J. aul Fulford (dmager - Perf mance v-Evaluation & Regulatory Affairs DMF Enclosures (2)
-CR3 USNRC Resident Inspector  
Iqo
-SHNPP, Unit No. 1 USNRC Resident Inspector  
 
-HBRSEP, Unit No. 2 S. N. Bailey, NRR Project Manager -BSEP, Unit Nos. 1 and 2; CR3 C. P. Patel, NRR Project Manager -SHNPP, Unit No. 1; HBRSEP, Unit No. 2 E. S. Finley, Jr. -Chairman, North Carolina Utilities Commission R. Vance -North Carolina Utilities Commission S. Watson -North Carolina Utilities Commission B. 0. Hall -North Carolina Department of Environment and Natural Resources  
United States Nuclear Regulatory Commission PE&RAS-07-019 Page 2 c:     W. D. Travers, Regional Administrator - Region II USNRC Resident Inspector - BSEP, Unit Nos. 1 and 2 USNRC Resident Inspector - CR3 USNRC Resident Inspector - SHNPP, Unit No. 1 USNRC Resident Inspector - HBRSEP, Unit No. 2 S. N. Bailey, NRR Project Manager - BSEP, Unit Nos. 1 and 2; CR3 C. P. Patel, NRR Project Manager - SHNPP, Unit No. 1; HBRSEP, Unit No. 2 E. S. Finley, Jr. - Chairman, North Carolina Utilities Commission R. Vance - North Carolina Utilities Commission S. Watson - North Carolina Utilities Commission B. 0. Hall - North Carolina Department of Environment and Natural Resources
' 4United States Nuclear Regulatory Commission PE&RAS-07-019 Enclosure 1 Page 1 Carolina Power & Light 2007 Internal Cash Flow Projection for H.B. Robinson, Unit 2; Brunswick Units 1 and 2; Shearon Harris, Unit 1 (Dollars in Millions)Year Ended December 31, 2006 Actual$ 457 (339)118 Year Ended December 31, 2007 Projected$ 481 (143)338 Net Income After Taxes Less Dividend Paid Retained Earnings Adjustments:
 
Depreciation and Amortization Deferred Income Taxes and Investment Tax Credits AFUDC Total Adjustments Internal Cash Flow Average Quarterly Cash Flow 656 600 (59)(6)591$ 709$ 177 (5)(18)577$ 915$ 229 Percentage Ownership in Robinson, Brunswick 1 & 2 and Harris plants 100% *Maximum Total Contingent Liability$ 60* Carolina Power & Light is the principal licensee as owner of 100%, 83.83% and 81.67% of the Robinson, Harris and Brunswick nuclear units, respectively.
' 4United States Nuclear Regulatory Commission                                                     Enclosure 1 PE&RAS-07-019                                                                                 Page 1 Carolina Power & Light 2007 Internal Cash Flow Projection for H.B. Robinson, Unit 2; Brunswick Units 1 and 2; Shearon Harris, Unit 1 (Dollars in Millions)
This certified cash flow statement is made as of April 9, 2007, and covers all of the owners of this unit.I do certify the above to be correct and accurate.Thomas R. Sullivan Treasurer Prepared by: S. Daughtridge T:\CashMgmt\Compliance\[01  
Year Ended                        Year Ended December 31, 2006                 December 31, 2007 Actual                          Projected Net Income After Taxes                             $                457              $            481 Less Dividend Paid                                                 (339)                          (143)
-041 NRCCash Flow Projection_2007 4-4-07.xls]PEF07  
Retained Earnings                                                   118                            338 Adjustments:
'*United States Nuclear Regulatory Commission PE&RAS-07-019 Florida Power Corporation 2007 Internal Cash Flow Projection for Crystal River Unit 3 (Dollars in Millions)Enclosure 2 Page 1 Year Ended December 31, 2006 Actual$ 328 (234)94 Year Ended December 31, 2007 Projected Net Income After Taxes Less Dividend Paid Retained Earnings Adjustments:
Depreciation and Amortization                                     656                            600 Deferred Income Taxes and Investment Tax Credits                                           (59)                               (5)
Depreciation and Amortization Deferred Income Taxes and Investment Tax Credits AFUDC Total Adjustments Internal Cash Flow Average Quarterly Cash Flow Percentage Ownership in Crystal River Unit No. 3 Maximum Total Contingent Liability$357 0 357_433 369 (48)(22)363$ 457$ 114 (9)(71)289$ 646$ 162 100% *$ 15* Florida Power Corporation is the principal licensee as owner of 91.8% of the unit.This certified cash flow statement is made as of April 9, 2007, and covers all of the owners of this unit.I do certify the above to be correct and accurate.Thomas R. Sullivan Treasurer Prepared by: S. Daughtridge T:\CashMgmt\Compliance\[01  
AFUDC                                                                (6)                           (18)
-041 NRCCash Flow Projection_2007 4-4-07.xis]PEF07}}
Total Adjustments                                                  591                            577 Internal Cash Flow                                $                709              $             915 Average Quarterly Cash Flow                      $                177              $             229 Percentage Ownership in Robinson, Brunswick 1 & 2 and Harris plants                                               100%
* Maximum Total Contingent Liability               $                 60
* Carolina Power & Light is the principal licensee as owner of 100%, 83.83% and 81.67% of the Robinson, Harris and Brunswick nuclear units, respectively.
This certified cash flow statement is made as of April 9, 2007, and covers all of the owners of this unit.
I do certify the above to be correct and accurate.
Thomas R. Sullivan Treasurer Prepared by: S. Daughtridge T:\CashMgmt\Compliance\[01 -041 NRCCash Flow Projection_2007 4-4-07.xls]PEF07
 
'*United States Nuclear Regulatory Commission                                                   Enclosure 2 PE&RAS-07-019                                                                                 Page 1 Florida Power Corporation 2007 Internal Cash Flow Projection for Crystal River Unit 3 (Dollars in Millions)
Year Ended                        Year Ended December 31, 2006                 December 31, 2007 Actual                          Projected Net Income After Taxes                           $                328              $            357 Less Dividend Paid                                               (234)                                0 Retained Earnings                                                     94                            357_
Adjustments:
Depreciation and Amortization                                     433                              369 Deferred Income Taxes and Investment Tax Credits                                             (48)                              (9)
AFUDC                                                               (22)                            (71)
Total Adjustments                                                   363                            289 Internal Cash Flow                               $                457                $            646 Average Quarterly Cash Flow                       $                114              $              162 Percentage Ownership in Crystal River Unit No. 3                                               100%
* Maximum Total Contingent Liability                     $             15
* Florida Power Corporation is the principal licensee as owner of 91.8% of the unit.
This certified cash flow statement is made as of April 9, 2007, and covers all of the owners of this unit.
I do certify the above to be correct and accurate.
Thomas R. Sullivan Treasurer Prepared by: S. Daughtridge T:\CashMgmt\Compliance\[01 -041 NRCCash Flow Projection_2007 4-4-07.xis]PEF07}}

Latest revision as of 06:53, 23 November 2019

Evidence of Guarantee of Payment of Deferred Premiums
ML071210237
Person / Time
Site: Harris, Brunswick, Crystal River, Robinson  Duke Energy icon.png
Issue date: 04/16/2007
From: Fulford J
Progress Energy Co
To:
Document Control Desk, Office of Nuclear Reactor Regulation
References
PE&RAS-07-019
Download: ML071210237 (4)


Text

Progress Enegy 10 CFR 140.21(e)

PO Box 1551 411 Fayetteville Street Mall Raleigh NC 27602 Serial: PE&RAS-07-019 April 16, 2007 Director, Office of Nuclear Reactor Regulation United States Nuclear Regulatory Commission ATTENTION: Document Control Desk Washington, DC 20555-0001 BRUNSWICK STEAM ELECTRIC PLANT, UNIT NOS. 1 AND 2 DOCKET NOS. 50-325 AND 50-324 / LICENSE NOS. DPR-71 AND DPR-62 CRYSTAL RIVER UNIT 3 NUCLEAR GENERATING PLANT DOCKET NO. 50-302 / LICENSE NO. DPR-72 SHEARON HARRIS NUCLEAR POWER PLANT, UNIT NO. 1 DOCKET NO. 50-400 / LICENSE NO. NPF-63 H. B. ROBINSON STEAM ELECTRIC PLANT, UNIT NO. 2 DOCKET NO. 50-261 / LICENSE NO. DPR-23 EVIDENCE OF GUARANTEE OF PAYMENT OF DEFERRED PREMIUMS Ladies and Gentlemen:

Pursuant to 10 CFR 140.21(e), enclosed are 2006 actual and 2007 projected cash flow statements as evidence of guarantee of payment of deferred premiums for the above listed plants belonging to Carolina Power & Light Company, now doing business as Progress Energy Carolinas, Inc. (PEC),

and Florida Power Corporation, now doing business as Progress Energy Florida, Inc. (PEF). provides evidence of guarantee of payment of deferred premiums for the principal owner-licensee and other owners-licensees of Brunswick Units 1 and 2, Harris Unit 1, and Robinson Unit 2. provides evidence of guarantee of payment of deferred premiums for the principal owner-licensee and other owners-licensees of Crystal River Unit 3.

This document contains no new regulatory commitment.

If you have additional questions, please call me at (919) 546-6901.

Sincerel, J. aul Fulford (dmager - Perf mance v-Evaluation & Regulatory Affairs DMF Enclosures (2)

Iqo

United States Nuclear Regulatory Commission PE&RAS-07-019 Page 2 c: W. D. Travers, Regional Administrator - Region II USNRC Resident Inspector - BSEP, Unit Nos. 1 and 2 USNRC Resident Inspector - CR3 USNRC Resident Inspector - SHNPP, Unit No. 1 USNRC Resident Inspector - HBRSEP, Unit No. 2 S. N. Bailey, NRR Project Manager - BSEP, Unit Nos. 1 and 2; CR3 C. P. Patel, NRR Project Manager - SHNPP, Unit No. 1; HBRSEP, Unit No. 2 E. S. Finley, Jr. - Chairman, North Carolina Utilities Commission R. Vance - North Carolina Utilities Commission S. Watson - North Carolina Utilities Commission B. 0. Hall - North Carolina Department of Environment and Natural Resources

' 4United States Nuclear Regulatory Commission Enclosure 1 PE&RAS-07-019 Page 1 Carolina Power & Light 2007 Internal Cash Flow Projection for H.B. Robinson, Unit 2; Brunswick Units 1 and 2; Shearon Harris, Unit 1 (Dollars in Millions)

Year Ended Year Ended December 31, 2006 December 31, 2007 Actual Projected Net Income After Taxes $ 457 $ 481 Less Dividend Paid (339) (143)

Retained Earnings 118 338 Adjustments:

Depreciation and Amortization 656 600 Deferred Income Taxes and Investment Tax Credits (59) (5)

AFUDC (6) (18)

Total Adjustments 591 577 Internal Cash Flow $ 709 $ 915 Average Quarterly Cash Flow $ 177 $ 229 Percentage Ownership in Robinson, Brunswick 1 & 2 and Harris plants 100%

  • Maximum Total Contingent Liability $ 60
  • Carolina Power & Light is the principal licensee as owner of 100%, 83.83% and 81.67% of the Robinson, Harris and Brunswick nuclear units, respectively.

This certified cash flow statement is made as of April 9, 2007, and covers all of the owners of this unit.

I do certify the above to be correct and accurate.

Thomas R. Sullivan Treasurer Prepared by: S. Daughtridge T:\CashMgmt\Compliance\[01 -041 NRCCash Flow Projection_2007 4-4-07.xls]PEF07

'*United States Nuclear Regulatory Commission Enclosure 2 PE&RAS-07-019 Page 1 Florida Power Corporation 2007 Internal Cash Flow Projection for Crystal River Unit 3 (Dollars in Millions)

Year Ended Year Ended December 31, 2006 December 31, 2007 Actual Projected Net Income After Taxes $ 328 $ 357 Less Dividend Paid (234) 0 Retained Earnings 94 357_

Adjustments:

Depreciation and Amortization 433 369 Deferred Income Taxes and Investment Tax Credits (48) (9)

AFUDC (22) (71)

Total Adjustments 363 289 Internal Cash Flow $ 457 $ 646 Average Quarterly Cash Flow $ 114 $ 162 Percentage Ownership in Crystal River Unit No. 3 100%

  • Maximum Total Contingent Liability $ 15
  • Florida Power Corporation is the principal licensee as owner of 91.8% of the unit.

This certified cash flow statement is made as of April 9, 2007, and covers all of the owners of this unit.

I do certify the above to be correct and accurate.

Thomas R. Sullivan Treasurer Prepared by: S. Daughtridge T:\CashMgmt\Compliance\[01 -041 NRCCash Flow Projection_2007 4-4-07.xis]PEF07