ML112380014

2010 DFS Report Analysis for Turkey Point Station, Unit 3

ML112380014
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: ML112380014 (3)

Text

Datasheet 1Signature: Aaron Szabo Date: 6/14/2011Signature: Shawn Harwell Date: 7/25/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 1 2% Owned:Category:100.00%1 3 43.90%2.95%0.95%N N Y N N Y 5 6Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7The total amount of dollars accumulated at the end of the appropriate year: (see below)

NAssumptions 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 EarningsAllowed through Decom (Y/N)Rate(s) of Other Factors$583,819,707Real Rate of ReturnPUC Verified (Y/N)FPLLicensee:$583,819,707Amount in Trust Fund:Plant name:Turkey Point Station, Unit 350-250RAI Needed (Y/N)PUC Verified (Y/N)none 1Docket 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 Y$423,579,900Allowed through Decom (Y/N)Total Trust Fund BalancePost-RAIRates Determined (Y/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 N 1 Pursuant to FPSC Order No. PSC-05-0902-S-El, customer contributions to the DTF were suspsended effective 9/1/2005Rates provided are non-approved rates by the PUC but were filed with Florida Public Service Commission in December 2010 Datasheet 2Signature: Aaron Szabo Date: 6/14/2011 Signature: Shawn Harwell Date: 7/25/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:12 7PWR 2300$95,240,000112.81.980.652.231.676191.4114.23.049250.082.00.132.2530.2212.28% Owned:Category:100.00%1 2%21.55 2%2%2%7 Bx Ex LxECIBase LxBase Px2010Year:Turkey Point Station, Unit 3Docket Number:Date of Operation:Latest Month Fx$894,574,221Years remaining after annuity Px50-2501931Termination of Operations:2032 1986$DayBase FxPlant name:Value of Annuity per year (amount/See Annuity Sheet)Licensee:$423,453,263NRC Minimum:$423,453,263Trust Fund Balance:Step 1: FxSite Specific:Total Step 2:Years Left in License21.55Real Rate of Return per yearDoes Licensee Pass:YES$0$66,505,183Total Earnings for Decom:Decom Period:Total Earnings:Real Rate of Return per yearLatest Month PxAmount of NRC Minimum/Site Specific:BWR/PWRMWthFPLTotal Annuity:Step 3:$583,819,707Amount in Trust Fund:

$0Total Earnings:$894,574,221Real Rate of Return per yearTotal of Steps 1 thru 3:Number of Annual Payments:Accumulation:Step 2:Earnings Credit:$583,819,707Decom Period:

$0Total AnnuityReal Rate of Return per yearTotal Fund Balance:$583,819,707Total Step 1 + Step 2$894,574,221 NOShortfall:YESDoes Licensee Pass:Does Licensee Pass:YES$961,079,404 Datasheet 2Signature: Aaron Szabo Date: 6/14/2011Signature: Shawn HarwellDate: 7/25/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:12 72010Year:Turkey Point Station, Unit 3Docket Number:Date of Operation:50-2501931Termination of Operations:2032DayPlant name:2.00%21.552.00%2.00%2.00%7Earnings Credit:Step 4:Shortfall:

NOReal Rate of Return per yearYears remaining after annuity$0Total AnnuityDoes Licensee Pass:Trust Fund Balance:Years Left in LicenseYES$66,505,183Total Step 5Total of Steps 4 thru 6:$961,079,404Does Licensee Pass:Total Earnings:21.55 0$894,574,221

$0$0Decom Period:Step 6:$894,574,221

$0Does Licensee Pass:Real Rate of Return per yearYESTotal Step 4 + Step 5Total Earnings for Decom:Decom Period:Real Rate of Return per yearAccumulation:Value of Annuity per year$583,819,707Total Annuity:Number of Annual Payments:Step 5:Real Rate of Return per yearTotal Earnings:$894,574,221YESIf licensee is granted greater than 2% RRR