ML112380015
| ML112380015 | |
| Person / Time | |
|---|---|
| Site: | Turkey Point  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112380015 (3) | |
Text
Datasheet 1 Plant name: Turkey Point Station, Unit 4 Docket Number: 50-251 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $423,579,900 Did the licensee identify the amount of estimated radiological funds? (Y/N) Y 2 The total amount of dollars accumulated at the end of the appropriate year: (see below)
Licensee: % Owned: Category: Amount in Trust Fund:
FPL 100.00% 1 $657,399,673 Total Trust Fund Balance $657,399,673 3 Schedule of the annual amounts remaining to be collected: (provided/none) none1 4 Assumptions used in determining rates of escalation in decommissioning costs, rates of earnings on decommissioning funds, and rates of other factors used in funding projections: (see below)
Post-RAI Rate of Rate(s) of PUC RAI PUC Allowed Rates Escalation Real Rate Allowed through Decom Return on Other Verified Needed Verified through Determined Rate of Return (Y/N)
Earnings Factors (Y/N) (Y/N) (Y/N) Decom (Y/N) (Y/N) 3.90% 2.95% 0.00% 0.95% N N Y N N Y 5 Any contracts upon which the licensee is relying? (Y/N) N 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) N 7 Any material changes to trust agreements? (Y/N) N If a change has occurred, the reviewer will document on this sheet that a change has occurred and identify the reviewer who will evaluate the change: (see below) 1 Pursuant to FPSC Order No. PSC-05-0902-S-El, customer contributions to the DTF were suspsended effective 9/1/2005 Rates provided are non-approved rates by the PUC but were filed with Florida Public Service Commission in December 2010 Signature: Aaron Szabo Date: 6/14/2011 Signature: Shawn Harwell Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/25/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Turkey Point Station, Unit 4 Docket Number: 50-251 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 4 10 2033 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx PWR 2300 $95,240,000 112.8 1.98 0.65 2.23 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.253 0.22 12.28 NRC Minimum: $423,453,263 Site Specific:
Amount of NRC Minimum/Site Licensee: % Owned: Category: Specific: Amount in Trust Fund:
FPL 100.00% 1 $423,453,263 $657,399,673 Total Fund Balance: $657,399,673 Step 1:
Earnings Credit:
Real Rate of Years Left in Trust Fund Balance: Return per year License Total Earnings: Does Licensee Pass:
$657,399,673 2% 22.28 $1,021,892,430 YES Step 2:
Accumulation:
Value of Annuity per year (amount/See Annuity Real Rate of Number of Annual Sheet) Return per year Payments: Total Annuity:
$0 2% 0 $0 Real Rate of Years remaining after Total Annuity Return per year annuity Total Step 2:
$0 2% 22.28 $0 Total Step 1 + Step 2 Does Licensee Pass:
$1,021,892,430 YES Step 3:
Decom Period:
Real Rate of Total Earnings for Total Earnings: Return per year Decom Period: Decom:
$1,021,892,430 2% 7 $75,970,379 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:
$1,097,862,809 YES NO Signature: Aaron Szabo Date: 6/14/2011 Signature: Shawn Harwell Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/25/2011 Formulas verified by: Clayton Pittiglio
Datasheet 2 Plant name: Turkey Point Station, Unit 4 Docket Number: 50-251 Month: Day Year:
Date of Operation: 12 31 2010 Termination of Operations: 4 10 2033 If licensee is granted greater than 2% RRR Step 4:
Earnings Credit:
Real Rate of Years Left in Trust Fund Balance: Return per year License Total Earnings: Does Licensee Pass:
$657,399,673 2.00% 22.28 $1,021,892,430 YES Step 5:
Accumulation:
Real Rate of Number of Annual Value of Annuity per year Return per year Payments: Total Annuity:
$0 2.00% 0 $0 Real Rate of Years remaining after Total Annuity Return per year annuity Total Step 5
$0 2.00% 22.28 $0 Total Step 4 + Step 5 Does Licensee Pass:
$1,021,892,430 YES Step 6:
Decom Period:
Real Rate of Total Earnings for Total Earnings: Return per year Decom Period: Decom:
$1,021,892,430 2.00% 7 $75,970,379 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:
$1,097,862,809 YES NO Signature: Aaron Szabo Date: 6/14/2011 Signature: Shawn Harwell Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/25/2011 Formulas verified by: Clayton Pittiglio