ML112371917
| ML112371917 | |
| Person / Time | |
|---|---|
| Site: | Surry  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112371917 (5) | |
Text
Datasheet 1 Signature: Michael Purdie/ Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois Date: 7/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 1
2
% Owned: Category:
100.00%
1 3
4 2.00%
N Y
N N
Y 5
6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7 N
Any material changes to trust agreements? (Y/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)
N Post-RAI Rates Determined (Y/N)
Total Trust Fund Balance N
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)
Any contracts upon which the licensee is relying? (Y/N)
Schedule of the annual amounts remaining to be collected: (provided/none)
Rate of Return on Earnings Allowed through Decom (Y/N)
Rate(s) of Other Factors Y
$434,800,000 The total amount of dollars accumulated at the end of the appropriate year: (see below)
Virginia Electric and Power Company Licensee:
$269,900,000 Amount in Trust Fund:
$269,900,000 Real Rate of Return PUC Verified (Y/N)
Plant name:
Surry Power Station, Unit 1 50-280 RAI Needed (Y/N)
PUC Verified (Y/N)
Provided Docket Number:
Did the licensee identify the amount of estimated radiological funds? (Y/N)
The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c):
Escalation Rate Allowed through Decom (Y/N)
Datasheet 2 Signature: Michael Purdie/ Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois Date: 7/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 5
PWR 2587
$97,765,600 112.8 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
% Owned:
Category 100.00%
1 2%
21.40 See Annuity Sheet See Annuity Sheet 2%
7 Bx Ex Lx ECI Base Lx Base Px 2010 Year:
Surry Power Station, Unit 1 Docket Number:
Date of Operation:
Latest Month Fx
$424,270,315 Years remaining after annuity Px 50-280 25 31 Termination of Operations:
2032 1986$
Day Base Fx Plant name:
Value of Annuity per year (amount/See Annuity Sheet)
Licensee:
$434,682,511 NRC Minimum:
$434,682,511 Trust Fund Balance:
Step 1:
Fx Site Specific:
Total Step 2:
Years Left in License N/A Real Rate of Return per year Does Licensee Pass:
NO See Total Step 2
$31,541,458 Total Earnings for Decom:
Decom Period:
Total Earnings:
Real Rate of Return per year Latest Month Px Amount of NRC Minimum/Site Specific:
BWR/PWR MWth Virginia Electric and Power Company Total Annuity:
Step 3:
$269,900,000 Amount in Trust Fund:
$11,936,907 Total Earnings:
$412,333,408 Real Rate of Return per year Total of Steps 1 thru 3:
See Annuity Sheet Number of Annual Payments:
Accumulation:
Step 2:
Earnings Credit:
$269,900,000 Decom Period:
See Total Step 2 Total Annuity Real Rate of Return per year Total Fund Balance:
$269,900,000 Total Step 1 + Step 2
$424,270,315 NO Shortfall:
NO Does Licensee Pass:
Does Licensee Pass:
YES
$455,811,772
Datasheet 2 Signature: Michael Purdie/ Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois Date: 7/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio Month:
12 5
2010 Year:
Surry Power Station, Unit 1 Docket Number:
Date of Operation:
50-280 25 31 Termination of Operations:
2032 Day Plant name:
2.00%
21.40 See Annuity Sheet See Annuity Sheet 2.00%
7 Earnings Credit:
Step 4:
Shortfall:
NO Real Rate of Return per year Years remaining after annuity
$11,936,907 Total Annuity Does Licensee Pass:
Trust Fund Balance:
Years Left in License YES
$31,541,458 Total Step 5 Total of Steps 4 thru 6:
$455,811,772 Does Licensee Pass:
Total Earnings:
N/A 22
$424,270,315 See Annuity Sheet See Total Step 4 Decom Period:
Step 6:
$424,270,315 See Total Step 4 Does Licensee Pass:
Real Rate of Return per year NO Total Step 4 + Step 5 Total Earnings for Decom:
Decom Period:
Real Rate of Return per year Accumulation:
Value of Annuity per year
$269,900,000 Total Annuity:
Number of Annual Payments:
Step 5:
Real Rate of Return per year Total Earnings:
$412,333,408 NO If licensee is granted greater than 2% RRR
Datasheet 2 Signature: Michael Purdie/ Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois Date: 7/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 5
25 2032 Year Annuity:
2011
$433,800 2%
$662,749 2012
$433,800 2%
$649,754 2013
$433,800 2%
$637,013 2014
$433,800 2%
$624,523 2015
$433,800 2%
$612,277 2016
$433,800 2%
$600,272 2017
$433,800 2%
$588,502 2018
$433,800 2%
$576,963 2019
$433,800 2%
$565,650 2020
$433,800 2%
$554,559 2021
$433,800 2%
$543,685 2022
$433,800 2%
$533,024 2023
$433,800 2%
$522,573 2024
$433,800 2%
$512,326 2025
$433,800 2%
$502,281 2026
$433,800 2%
$492,432 2027
$433,800 2%
$482,777 2028
$433,800 2%
$473,310 2029
$433,800 2%
$464,030 2030
$433,800 2%
$454,931 2031
$433,800 2%
$446,011 2032
$433,800 2%
$437,266 Total:
$11,936,907 ANNUITY Total Accumulation Termination of Operations:
Real Rate of Return:
Datasheet 2 Signature: Michael Purdie/ Jo Ann Simpson Date: 06/20/2011 Secondary Review: Kosmas Lois Date: 7/28/2011 Spreadsheet created by: Aaron Szabo, Shawn Harwell Formulas verified by: Clayton Pittiglio 5
25 2032 ANNUITY Termination of Operations:
Year Annuity:
2011
$433,800 2.00%
$662,749 2012
$433,800 2.00%
$649,754 2013
$433,800 2.00%
$637,013 2014
$433,800 2.00%
$624,523 2015
$433,800 2.00%
$612,277 2016
$433,800 2.00%
$600,272 2017
$433,800 2.00%
$588,502 2018
$433,800 2.00%
$576,963 2019
$433,800 2.00%
$565,650 2020
$433,800 2.00%
$554,559 2021
$433,800 2.00%
$543,685 2022
$433,800 2.00%
$533,024 2023
$433,800 2.00%
$522,573 2024
$433,800 2.00%
$512,326 2025
$433,800 2.00%
$502,281 2026
$433,800 2.00%
$492,432 2027
$433,800 2.00%
$482,777 2028
$433,800 2.00%
$473,310 2029
$433,800 2.00%
$464,030 2030
$433,800 2.00%
$454,931 2031
$433,800 2.00%
$446,011 2032
$433,800 2.00%
$437,266 Total:
$11,936,907 If licensee is granted greater than 2% RRR Real Rate of Return:
Total Accumulation