ML021210514

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Evidence of Guarantee of Payment of Deferred Premiums
ML021210514
Person / Time
Site: Harris, Brunswick, Crystal River, Robinson  Duke Energy icon.png
Issue date: 04/27/2002
From: Morton T
Carolina Power & Light Co, Florida Power Corp
To:
Office of Nuclear Reactor Regulation
References
PE&RAS02-035
Download: ML021210514 (5)


Text

10 CFR 140.21 SCP&L Florida Power A Progress Energy Company A Progress Energy Company PO Box 1551 Raleigh NC 27602 PE&RAS02-035 April 27, 2002 Director of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Washington, DC 20555 BRUNSWICK STEAM ELECTRIC PLANT, UNIT NOS. 1 AND 2 DOCKET NOS. 50-325 AND 50-324 / LICENSE NOS. DPR-71 AND DPR-62 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 CRYSTAL RIVER UNIT 3 NUCLEAR GENERATING PLANT DOCKET NO. 50-302 / LICENSE NO. DPR-72 Evidence of Guarantee of Payment of Deferred Premiums Ladies and Gentlemen:

In accordance with 10 CFR 140.21, Carolina Power & Light (CP&L) Company and Florida Power Corporation (FPC) submit the attached cash flow statements as evidence of guarantee of payment of deferred premiums for the above listed plants. The certified statements provide the 2000 Actual and 2001 Internal Cash Flow Projections for each company.

CP&L is the principal licensee for the H. B. Robinson Steam Electric Plant, Unit No.2; the Brunswick Steam Electric Plant, Unit Nos. 1 and 2; and the Shearon Harris Nuclear Power Plant, Unit No. 1. FPC is the principal licensee for the Crystal River Unit 3 Nuclear Generating Plant. provides evidence of guarantee of payment of deferred premiums for CP&L and the other owner-licensees of Brunswick Units 1 and 2 and Harris Unit 1. provides evidence of guarantee of payment of deferred premiums for FPC and the other owner-licensees of Crystal River Unit 3.

U. S. Nuclear Regulatory Commission PE&RAS02-035 Page 2 No new commitments have been made in this submittal. If you have questions, please notify Tony Groblewski at (919) 546-4579.

Sincerely, Terry C. Morton Manager, Performance Evaluation &

Regulatory Affairs RGH Attachments (2) c (w/att.):

L. A. Reyes, Regional Administrator - Region 1I T. A. Easlick, USNRC Senior Resident Inspector - BSEP, Unit Nos. 1 and 2 B. L. Mozafari, NRR Project Manager - BSEP, Unit Nos. 1 and 2 J. B. Brady, USNRC Senior Resident Inspector - SHNPP, Unit No. 1 USNRC Resident Inspector - CR-3 J. Goshen, NRR Project Manager - SHNPP, Unit No. 1 and CR-3 USNRC Resident Inspector - HBRSEP, Unit No. 2 R. Subbaratnam, NRR Project Manager - HBRSEP, Unit No. 2 J. Sanford, North Carolina Utilities Commission

U. S. Nuclear Regulatory Commission PE&RAS02-035 bc (w/att.):

C. T. Baucom (For RNP Licensing/Nuclear Records Files)

L. R. Belier (For BNP Licensing/Nuclear Records Files)

J. R. Caves (For HNP Licensing/Nuclear Records Files)

F. Frando (For CR3 Licensing/Nuclear Records Files)

File: X-X-0935 (Corporate) (T. Hardy)

W. F. Conway (NSOC)

G. W. Davis (NSOC)

S. D. Ebneter (NSRC)

D. Eisenhut (NSRC)

K. N. Harris (NSOC)

G. E. Kane (NSRC)

J. M. Taylor (NSOC)

R. D. Martin (NSRC)

Page 3

U. S. Nuclear Regulatory Commission PE&RAS02-035 Carolina Power & Light 2002 Internal Cash Flow Projection for H.B. Robinson, Unit 2; Brunswick Units 1 and 2; Shearon Harris, Unit 1 (Dollars in Thousands)

Page 1 of I Net Income After Taxes Less Dividend Paid Retained Earnings Adjustments:

Depreciation, Amortization & Impairment Deferred Income Taxes and Investment Tax Credits AFUDC Total Adjustments Internal Cash Flow Average Quarterly Cash Flow Year Ended December 31, 2001 Acutal 364,200 (255,600) 108,600 766,400 (165,000)

(24,500) 576,900 685,500 171,375 Year Ended December 31, 2002 Projected 486,400 (243,200) 243,200 673,800 (78,900)

(23,900) 571,000 814,200 203,550 Percentage Ownership in Robinson, Brunswick 1 & 2 and Harris plants Maximum Total Contingent Liability 40,000

  • 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 26, 2002, 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: C. Greg Beuris 100%

  • U. S. Nuclear Regulatory Commission PE&RAS02-035 Florida Power Corporation 2002 Internal Cash Flow Projection for Crystal River Unit 3 (Dollars in Thousands)

Page 1 of 1 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 Percentage Ownership in Crystal River Unit No. 3 Maximum Total Contingent Liability Year Ended December 31, 2001 Acutal 311,088 (248,804) 62,284 467,025 (41,080)

(1,164) 424,781 487,065 121,766 Year Ended December 31, 2002 Projected 296,600 (259,400) 37,200 455,800 (64,500)

(5,500) 385,800 423,000 105,750 100%

  • 10,000
  • 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 26, 2002, 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: C. Greg Beuris