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| issue date = 03/28/2019 | | issue date = 03/28/2019 | ||
| title = Guarantee of Payment of Deferred Premiums Annual 10CFR140.21(e) Report | | title = Guarantee of Payment of Deferred Premiums Annual 10CFR140.21(e) Report | ||
| author name = Lippard G | | author name = Lippard G | ||
| author affiliation = South Carolina Electric & Gas Co | | author affiliation = South Carolina Electric & Gas Co | ||
| addressee name = | | addressee name = | ||
| Line 17: | Line 17: | ||
=Text= | =Text= | ||
{{#Wiki_filter: | {{#Wiki_filter:Attachment 2 Contains SCE&G Proprietary Information March 28, 2019 | ||
REPORT In accordance with | < scE&G. A SCANA COMPANY Serial No. 19-140 Document Control Desk VCS LIC/SL/Rev 0 U.S . Nuclear Regulatory Commission Docket No. 50-395 Washington, DC 20555-0001 License No. NPF-12 SOUTH CAROLINA ELECTRIC & GAS COMPANY VIRGIL C. SUMMER NUCLEAR STATION (VCSNS) UNIT 1 GUARANTEE OF PAYMENT OF DEFERRED PREMIUMS ANNUAL 10CFR140.21(e) | ||
The affidavit to support this request is provided as Attachment | REPORT In accordance with 10CFR140.21 (e), South Carolina Electric & Gas Company (SCE&G) is hereby submitting the required 2016, 2017, 2018 actual and 2019 projected cash flow statements . | ||
Portions of the 2019 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. | |||
The timeliness of the 2017 and 2018 submittals has been entered in the station's corrective action program under CR-19-00827. | The timeliness of the 2017 and 2018 submittals has been entered in the station 's corrective action program under CR-19-00827. | ||
No new commitments are intended by this letter. If you have questions regarding this information, please contact Mr. Michael S. Moore at (803) 345-4752. George A. Lippard Vice President, Nuclear Operations V.C. Summer Nuclear Station Attachments: | No new commitments are intended by this letter. | ||
: 1. SCE&G Affidavit to Request Withholding of Proprietary Information from Public Disclosure | If you have questions regarding this information, please contact Mr. Michael S. Moore at (803) 345-4752 . | ||
: 2. SCE&G's 2016, 2017 and 2018 Actual Cash Flow and 2019 Projected Cash Flow (Proprietary Version) 3. SCE&G's 2016, 2017 and 2018 Actual Cash Flow and 2019 Projected Cash Flow Proprietary Version) cc: Without Attachments unless otherwise indicated G. J. Lindamood C. Haney S. A Williams NRC Resident Inspector Attachment 2 Contains SCE&G Proprietary Information This letter forwards Proprietary Information in accordance with 10 CFR 2.390. The balance of this letter may be considered non-proprietary upon removal of Attachment | ~~ | ||
George A. Lippard Vice President, Nuclear Operations V .C. Summer Nuclear Station Attachments: | |||
* | : 1. SCE&G Affidavit to Request Withholding of Proprietary Information from Public Disclosure | ||
* F (803) 941-9776 | : 2. SCE&G's 2016, 2017 and 2018 Actual Cash Flow and 2019 Projected Cash Flow (Proprietary Version) | ||
* www. | : 3. SCE&G's 2016, 2017 and 2018 Actual Cash Flow and 2019 Projected Cash Flow (Non-Proprietary Version) cc: Without Attachments unless otherwise indicated G. J. Lindamood C. Haney S. A Williams NRC Resident Inspector Attachment 2 Contains SCE&G Proprietary Information This letter forwards Proprietary Information in accordance with 10 CFR 2.390. The balance of this letter may be considered non-proprietary upon removal of Attachment 2. | ||
Report" dated March 28, 2019 be withheld from public disclosure due to its proprietary nature. The details of this request are provided in the following affidavit: | V. C. Summer Nuclear Station* P. 0. Box 88 | ||
AFFIDAVIT I, George A. Lippard, being duly sworn, depose and state as follows: (1) I am Vice President, Nuclear Operations, South Carol | * Jenkinsville, South Carolina* 29065 | ||
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 NRG 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). | * F(803) 941-9776 | ||
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. | * www.sceg.com | ||
Serial No. 19-140 Docket No. 50-395 Attachment 1 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 2019 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. | Serial No. 19-140 Docket No. 50-395 Attachment 1 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 28, 2019 be withheld from public disclosure due to its proprietary nature. The details of this request are provided in the following affidavit: | ||
AFFIDAVIT I, George A. Lippard, being duly sworn, depose and state as follows: | |||
(1) I am Vice President, Nuclear Operations, South Carol ina 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 2019 Projected Cash Flow that is included in Attachment 2 to SCE&G's March 28, 2019 letter to the NRG 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 NRG 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). | |||
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. | |||
Serial No. 19-140 Docket No. 50-395 Attachment 1 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 2019 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. | 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 Executed on Vice President, Nuclear Operations | I certify under penalty of perjury that the foregoing is true and correct. | ||
$ | SOUTH CAROLINA ELECTRIC & GAS COMPANY Executed on By~~ | ||
$ INTERNAL CASH FLOW $ AVERAGE QUARTERLY CASH FLOW $ Source: 2016,2017 , 2018 10K and | Vice President, Nuclear Operations | ||
Serial No. 19-140 Docket No. 50-395 Attachment 3 Page 1 of 1 NON-PROPRIETARY VERSION SOUTH CAROLINA ELECTRIC & GAS COMPANY INTERNAL CASH FLOW PROJECTION FORV. C. SUMMER NUCLEAR POWER STATION Excludes SC Generating Company (MILLIONS OF DOLLARS) | |||
PROJECTlON YEAR 2016 2017 2018 2019 ACTUAL TOTAL ACTUAL TOTAL ACTUAL TOTAL TOTAL NET INCOME AFTER TAXES A $ 513 A $ (185) $ (589) | |||
LESS DIVIDENDS PAID B $ (293) B $ (310) $ (164) | |||
RETAINED EARNINGS $ 220 $ (495) $ (753) | |||
ADJUSTMENTS IMPAIRMENT $ $ 1, 118 $ 1,376 DEPRECIATlON AND AMORTlZATlON c $ 348 c $ 348 $ 369 DEFERRED INCOME TAXES AND Withheld from public INVESTMENT TAX CREDITS D $ 183 D $ 1, 187 $ 92 disclosure per Affidavit ALLOWANCE FOR FUNDS USED DURING CONSTRUCTlON E $ 8 E $ (30) $ (20) | |||
TOTAL ADJUSTMENTS $ 539 $ 2,623 $ 1,817 INTERNAL CASH FLOW $ 759 $ 2,128 $ 1,064 AVERAGE QUARTERLY CASH FLOW $ 190 $ 532 $ 266 Source: 2016,2017,2018 10K and 2019 Forecast (2019 Board Budget) | |||
: Per NRC regulation 10 CFR 140.21 (e). | |||
NON-PROPRIETARY VERSION}} | |||
Latest revision as of 05:41, 6 November 2019
| ML19093B828 | |
| Person / Time | |
|---|---|
| Site: | Summer  |
| Issue date: | 03/28/2019 |
| From: | Lippard G South Carolina Electric & Gas Co |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| Shared Package | |
| ML19093B827 | List: |
| References | |
| 19-140 | |
| Download: ML19093B828 (4) | |
Text
Attachment 2 Contains SCE&G Proprietary Information March 28, 2019
< scE&G. A SCANA COMPANY Serial No.19-140 Document Control Desk VCS LIC/SL/Rev 0 U.S . Nuclear Regulatory Commission Docket No. 50-395 Washington, DC 20555-0001 License No. NPF-12 SOUTH CAROLINA ELECTRIC & GAS COMPANY VIRGIL C. SUMMER NUCLEAR STATION (VCSNS) UNIT 1 GUARANTEE OF PAYMENT OF DEFERRED PREMIUMS ANNUAL 10CFR140.21(e)
REPORT In accordance with 10CFR140.21 (e), South Carolina Electric & Gas Company (SCE&G) is hereby submitting the required 2016, 2017, 2018 actual and 2019 projected cash flow statements .
Portions of the 2019 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.
The timeliness of the 2017 and 2018 submittals has been entered in the station 's corrective action program under CR-19-00827.
No new commitments are intended by this letter.
If you have questions regarding this information, please contact Mr. Michael S. Moore at (803) 345-4752 .
~~
George A. Lippard Vice President, Nuclear Operations V .C. Summer Nuclear Station Attachments:
- 1. SCE&G Affidavit to Request Withholding of Proprietary Information from Public Disclosure
- 2. SCE&G's 2016, 2017 and 2018 Actual Cash Flow and 2019 Projected Cash Flow (Proprietary Version)
- 3. SCE&G's 2016, 2017 and 2018 Actual Cash Flow and 2019 Projected Cash Flow (Non-Proprietary Version) cc: Without Attachments unless otherwise indicated G. J. Lindamood C. Haney S. A Williams NRC Resident Inspector Attachment 2 Contains SCE&G Proprietary Information This letter forwards Proprietary Information in accordance with 10 CFR 2.390. The balance of this letter may be considered non-proprietary upon removal of Attachment 2.
V. C. Summer Nuclear Station* P. 0. Box 88
- Jenkinsville, South Carolina* 29065
- F(803) 941-9776
- www.sceg.com
Serial No.19-140 Docket No. 50-395 Attachment 1 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 28, 2019 be withheld from public disclosure due to its proprietary nature. The details of this request are provided in the following affidavit:
AFFIDAVIT I, George A. Lippard, being duly sworn, depose and state as follows:
(1) I am Vice President, Nuclear Operations, South Carol ina 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 2019 Projected Cash Flow that is included in Attachment 2 to SCE&G's March 28, 2019 letter to the NRG 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 NRG 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).
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.
Serial No.19-140 Docket No. 50-395 Attachment 1 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 2019 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 Executed on By~~
Vice President, Nuclear Operations
Serial No.19-140 Docket No. 50-395 Attachment 3 Page 1 of 1 NON-PROPRIETARY VERSION SOUTH CAROLINA ELECTRIC & GAS COMPANY INTERNAL CASH FLOW PROJECTION FORV. C. SUMMER NUCLEAR POWER STATION Excludes SC Generating Company (MILLIONS OF DOLLARS)
PROJECTlON YEAR 2016 2017 2018 2019 ACTUAL TOTAL ACTUAL TOTAL ACTUAL TOTAL TOTAL NET INCOME AFTER TAXES A $ 513 A $ (185) $ (589)
LESS DIVIDENDS PAID B $ (293) B $ (310) $ (164)
RETAINED EARNINGS $ 220 $ (495) $ (753)
ADJUSTMENTS IMPAIRMENT $ $ 1, 118 $ 1,376 DEPRECIATlON AND AMORTlZATlON c $ 348 c $ 348 $ 369 DEFERRED INCOME TAXES AND Withheld from public INVESTMENT TAX CREDITS D $ 183 D $ 1, 187 $ 92 disclosure per Affidavit ALLOWANCE FOR FUNDS USED DURING CONSTRUCTlON E $ 8 E $ (30) $ (20)
TOTAL ADJUSTMENTS $ 539 $ 2,623 $ 1,817 INTERNAL CASH FLOW $ 759 $ 2,128 $ 1,064 AVERAGE QUARTERLY CASH FLOW $ 190 $ 532 $ 266 Source: 2016,2017,2018 10K and 2019 Forecast (2019 Board Budget)
- Per NRC regulation 10 CFR 140.21 (e).
NON-PROPRIETARY VERSION