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{{#Wiki_filter:SOUTHERN CALIFORNIA EDISON An EDISON INTERNATIONAL Company May 23, 2013 ATTN: Document Control Desk U. S. Nuclear Regulatory Commission Washington, D.C. 20555-0001 . San Onofre Nuclear Generating Station Units 2 and 3 Docket Nos. 50-361, 50-362 Palo Verde Nuclear Generating Station Units 1, 2, and 3 . Docket Nos. 50-528, 50-529, and 50-530 | {{#Wiki_filter:SOUTHERN CALIFORNIA Richard J. St. Onge EDISON Director, Nuclear Regulatory Affairs and Emergency Planning An EDISON INTERNATIONAL Company 10 CFR 140.21 May 23, 2013 ATTN: Document Control Desk U. S. Nuclear Regulatory Commission Washington, D.C. 20555-0001 . | ||
San Onofre Nuclear Generating Station Units 2 and 3 Docket Nos. 50-361, 50-362 Palo Verde Nuclear Generating Station Units 1, 2, and 3 . | |||
Docket Nos. 50-528, 50-529, and 50-530 | |||
==Subject:== | ==Subject:== | ||
Annual Report of Guarantee of Payment of Deferred Premium | Annual Report of Guarantee of Payment of Deferred Premium | ||
==Dear Sir or Madam:== | ==Dear Sir or Madam:== | ||
10 CFR 140.21 requires Southern California Edison (SCE), as agent for the owners of the San Onofre Nuclear Generating Station Units 2 and 3 and SCE's 15.8% ownership share of Palo Verde Units 1, 2, and 3, to provide evidence that it maintains a guarantee of payment of deferred premium in an amount of $17.5 million for each reactor SCE is licensed to operate. In accordance with option (e) of 10 CFR 140.21 and with 10 CFR 50.71(b), SCE has provided its quarterly Form 10-0 report to the Securities and Exchange Commission in lieu of an annual certified financial statement. | 10 CFR 140.21 requires Southern California Edison (SCE), as agent for the owners of the San Onofre Nuclear Generating Station Units 2 and 3 and SCE's 15.8% ownership share of Palo Verde Units 1, 2, and 3, to provide evidence that it maintains a guarantee of payment of deferred premium in an amount of $17.5 million for each reactor SCE is licensed to operate. In accordance with option (e) of 10 CFR 140.21 and with 10 CFR 50.71(b), SCE has provided its quarterly Form 10-0 report to the Securities and Exchange Commission in lieu of an annual certified financial statement. | ||
SCE is providing the enclosed 2012 Internal Cash Flow statement which is from the consolidated financial statements included in SCE's 2012 annual report. There are no commitments contained in this letter or its enclosure. | SCE is providing the enclosed 2012 Internal Cash Flow statement which is from the consolidated financial statements included in SCE's 2012 annual report. | ||
Should you have any questions or require additional information, please contact Mr. Mark Morgan at 949-368-6745. Sincerely, P.O. Box 128 San Clemente, CA 92672 Document Control Desk Enclosure cc: A. T. Howell III, Regional Administrator, NRC Region IV R. Hall, NRC Project Manager, SONGS Units 2 and 3 B. Benney, NRC Project Manager, SONGS Units 2 and 3 | There are no commitments contained in this letter or its enclosure. | ||
Should you have any questions or require additional information, please contact Mr. Mark Morgan at 949-368-6745. | |||
Depreciation | Sincerely, P.O. Box 128 San Clemente, CA 92672 | ||
& Decommissioning Net Deferred Taxes & lTC Allowance for Funds Used During Construction Total Adjustments Internal Cash Flow Average Quarterly Cash Flow Percentage Ownership in All Nuclear Units: San Onofre Nuclear Generating Station Units 2 & 3 o Southern California Edison Company o San Diego Gas & Electric Company o City of Riverside Palo Verde Nuclear Generating Station Units 1,2. & 3 Maximum Total Contingent Liability: | |||
San Onofre Nuclear Generating Station Unit 2 San Onofre Nuclear Generating Station Unit 3 Palo Verde Nuclear Generating Station Unit 1 Palo Verde Nuclear Generating Station Unit 2. Palo Verde Nuclear Generating Station Unit 3 Total (1) The value represents 100% of the SONGS Annual Per Incident Contingent Liability. | Document Control Desk May 23, 2013 Enclosure cc: A. T. Howell III, Regional Administrator, NRC Region IV R. Hall, NRC Project Manager, SONGS Units 2 and 3 B. Benney, NRC Project Manager, SONGS Units 2 and 3 G. G. Warnick, NRC Senior Resident Inspector, SONGS Units 2 and 3 | ||
(2) The value represents 15.8% (SCE's Share) of the Palo Verde Annual Per Incident Contingent Liability | |||
SOUTHERN CALIFORNIA EDISON COMPANY 2012 Internal Cash Flow (Dollars in Millions) 2012 Actual Net Income After Taxes $1,660 Dividends Paid ru§11 Retained Earnings $1,109 Adjustments: | |||
Depreciation & Decommissioning $1,562 Net Deferred Taxes & lTC $256 Allowance for Funds Used During Construction i1:!1§l Total Adjustments $1,682 Internal Cash Flow $2,791 Average Quarterly Cash Flow $698 Percentage Ownership in All Nuclear Units: | |||
San Onofre Nuclear Generating Station Units 2 & 3 o Southern California Edison Company 78.21% | |||
o San Diego Gas & Electric Company 20.00% | |||
o City of Riverside 1.79% | |||
Palo Verde Nuclear Generating Station Units 1,2. & 3 15.80% | |||
Maximum Total Contingent Liability: | |||
(i) | |||
San Onofre Nuclear Generating Station Unit 2 $17.50 (1) | |||
San Onofre Nuclear Generating Station Unit 3 $17.50 (2) | |||
Palo Verde Nuclear Generating Station Unit 1 $2.77 (2) | |||
Palo Verde Nuclear Generating Station Unit 2. $2.77 (2) | |||
Palo Verde Nuclear Generating Station Unit 3 $2.77 Total $43.30 (1) The value represents 100% of the SONGS Annual Per Incident Contingent Liability. | |||
(2) The value represents 15.8% (SCE's Share) of the Palo Verde Annual Per Incident Contingent Liability}} | |||
Revision as of 17:37, 4 November 2019
| ML13148A059 | |
| Person / Time | |
|---|---|
| Site: | Palo Verde, San Onofre  |
| Issue date: | 05/23/2013 |
| From: | St.Onge R Southern California Edison Co |
| To: | Office of Nuclear Reactor Regulation, Document Control Desk |
| References | |
| Download: ML13148A059 (3) | |
Text
SOUTHERN CALIFORNIA Richard J. St. Onge EDISON Director, Nuclear Regulatory Affairs and Emergency Planning An EDISON INTERNATIONAL Company 10 CFR 140.21 May 23, 2013 ATTN: Document Control Desk U. S. Nuclear Regulatory Commission Washington, D.C. 20555-0001 .
San Onofre Nuclear Generating Station Units 2 and 3 Docket Nos. 50-361, 50-362 Palo Verde Nuclear Generating Station Units 1, 2, and 3 .
Docket Nos. 50-528, 50-529, and 50-530
Subject:
Annual Report of Guarantee of Payment of Deferred Premium
Dear Sir or Madam:
10 CFR 140.21 requires Southern California Edison (SCE), as agent for the owners of the San Onofre Nuclear Generating Station Units 2 and 3 and SCE's 15.8% ownership share of Palo Verde Units 1, 2, and 3, to provide evidence that it maintains a guarantee of payment of deferred premium in an amount of $17.5 million for each reactor SCE is licensed to operate. In accordance with option (e) of 10 CFR 140.21 and with 10 CFR 50.71(b), SCE has provided its quarterly Form 10-0 report to the Securities and Exchange Commission in lieu of an annual certified financial statement.
SCE is providing the enclosed 2012 Internal Cash Flow statement which is from the consolidated financial statements included in SCE's 2012 annual report.
There are no commitments contained in this letter or its enclosure.
Should you have any questions or require additional information, please contact Mr. Mark Morgan at 949-368-6745.
Sincerely, P.O. Box 128 San Clemente, CA 92672
Document Control Desk May 23, 2013 Enclosure cc: A. T. Howell III, Regional Administrator, NRC Region IV R. Hall, NRC Project Manager, SONGS Units 2 and 3 B. Benney, NRC Project Manager, SONGS Units 2 and 3 G. G. Warnick, NRC Senior Resident Inspector, SONGS Units 2 and 3
SOUTHERN CALIFORNIA EDISON COMPANY 2012 Internal Cash Flow (Dollars in Millions) 2012 Actual Net Income After Taxes $1,660 Dividends Paid ru§11 Retained Earnings $1,109 Adjustments:
Depreciation & Decommissioning $1,562 Net Deferred Taxes & lTC $256 Allowance for Funds Used During Construction i1:!1§l Total Adjustments $1,682 Internal Cash Flow $2,791 Average Quarterly Cash Flow $698 Percentage Ownership in All Nuclear Units:
San Onofre Nuclear Generating Station Units 2 & 3 o Southern California Edison Company 78.21%
o San Diego Gas & Electric Company 20.00%
o City of Riverside 1.79%
Palo Verde Nuclear Generating Station Units 1,2. & 3 15.80%
Maximum Total Contingent Liability:
(i)
San Onofre Nuclear Generating Station Unit 2 $17.50 (1)
San Onofre Nuclear Generating Station Unit 3 $17.50 (2)
Palo Verde Nuclear Generating Station Unit 1 $2.77 (2)
Palo Verde Nuclear Generating Station Unit 2. $2.77 (2)
Palo Verde Nuclear Generating Station Unit 3 $2.77 Total $43.30 (1) The value represents 100% of the SONGS Annual Per Incident Contingent Liability.
(2) The value represents 15.8% (SCE's Share) of the Palo Verde Annual Per Incident Contingent Liability