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{{#Wiki_filter:Datasheet 1Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo
{{#Wiki_filter:Datasheet 1 Plant name:                        Limerick Generating Station, Unit 1                                                  Docket Number:                                  50-352 1      The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c):1                                                            $634,961,000 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:
Exelon Generation 100.00%            1                          $248,238,000 Company, LLC Total Trust Fund Balance        $248,238,000 3      Schedule of the annual amounts remaining to be collected: (provided/none)                                                                        provided 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) 3.00%                                    3.00%          Y                    N                    N 5      Any contracts upon which the licensee is relying? (Y/N)                                                                                              N 2
6      Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N)                                                      Y 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 Licensee calculated MFA higher than NRC calculations. Justification, including factors used, were provided to NRC for review. No further review required.
2 Financial Assurance is provided by the external sinking fund method coupled with an external trust fund. No further review required.
Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo                                                                                                                       Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/15/2011                                                                                                                                              Formulas verified by: Clayton Pittiglio


Date: 8/15/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 1 2% Owned:Category:100.00%1 3 43.00%3.00%Y N N 5 6Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7Plant name:Limerick Generating Station, Unit 150-352RAI Needed (Y/N)PUC Verified (Y/N)providedDocket 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):
Datasheet 2 Plant name:                       Limerick Generating Station, Unit 1                                      Docket Number:                 50-352 Month:                 Day                    Year:
1 Escalation RateAllowed through Decom (Y/N)
Date of Operation:                                   12                  31                      2010 Termination of Operations:                                 10                  26                      2024 Latest                    Latest BWR/PWR          MWth          1986$             ECI      Base Lx                      Lx          Px                Base Px    Fx            Base Fx      Ex                Bx Month Px                  Month Fx BWR          3458       $135,000,000        113.6        2.16        0.65        2.45        1.676      191.4    114.2    3.049  250.0    82.0  0.13 2.307 0.22      12.54 NRC Minimum:                               $628,251,763                                Site Specific:
Y$634,961,000The total amount of dollars accumulated at the end of the appropriate year: (see below)
Amount of NRC Minimum/Site Licensee:             % Owned:        Category                  Specific:                Amount in Trust Fund:
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)
Exelon Generation 100.00%            1                   $628,251,763                    $248,238,000 Company, LLC Total Fund Balance:         $248,238,000 Step 1:
Rate of Return on EarningsAllowed through Decom (Y/N)Rate(s) of Other Factors$248,238,000 Real Rate of Return PUC Verified (Y/N)Total Trust Fund Balance 2  Financial Assurance is provided by the external sinking fund method coupled with an external trust fund. No further review required.
Earnings Credit:
1  Licensee calculated MFA higher than NRC calculations. Justification, including factors used, were provided to NRC for review. No further review required.Exelon Generation Company, LLCLicensee:$248,238,000Amount in Trust Fund:
Real Rate of Return Years Left Trust Fund Balance:        per year      in License      Total Earnings:         Does Licensee Pass:
NAny 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)
      $248,238,000                2%            13.82          $326,376,962                  NO Step 2:
Y 2Post-RAI Rates Determined (Y/N)
Accumulation:
Datasheet 2Signature:  Shawn HarwellDate:  8/3/2011Signature: Aaron L. Szabo Date: 8/15/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:1210BWR 3458$135,000,000113.62.160.652.451.676191.4114.23.049250.082.00.132.3070.2212.54% Owned:Category100.00%1 2%13.82See Annuity SheetSee Annuity Sheet 2%7$467,876,705($160,375,058)Shortfall:
Value of Annuity per year (amount/See Annuity    Real Rate of Return   Number of Annual Sheet)              per year             Payments:              Total Annuity:
NODoes Licensee Pass:Does Licensee Pass:
see annuity sheet      See Annuity Sheet                                See Total Step 2 Real Rate of Return Years remaining after Total Annuity            per year                annuity                Total Step 2:
NOTotal of Steps 1 thru 3:see annuity sheetNumber of Annual Payments:Accumulation:Step 2:Earnings Credit:$248,238,000Decom Period:See Total Step 2Total AnnuityReal Rate of Return per yearTotal Fund Balance:$248,238,000Total Step 1 + Step 2$435,500,374$32,376,332Total Earnings for Decom:Decom Period:Total Earnings:Real Rate of Return per yearLatest Month PxAmount of NRC Minimum/Site Specific:BWR/PWRMWthExelon Generation Company, LLCTotal Annuity:Step 3:$248,238,000Amount in Trust Fund:$109,123,411Total Earnings:$326,376,962Real Rate of Return per year FxSite Specific:Total Step 2:Years Left in LicenseN/AReal Rate of Return per yearDoes Licensee Pass:
See Total Step 2      See Annuity Sheet            N/A                  $109,123,411 Total Step 1 + Step 2     Does Licensee Pass:
NOSee Total Step 2$435,500,374Years remaining after annuity Px50-3522631Termination of Operations:2024 1986$DayBase FxPlant name:Value of Annuity per year (amount/See Annuity Sheet)Licensee:$628,251,763NRC Minimum:$628,251,763Trust Fund Balance:Step 1: Bx Ex LxECIBase LxBase Px2010Year:Limerick Generating Station, Unit 1Docket Number:Date of Operation:Latest Month Fx Datasheet 2Signature:  Shawn HarwellDate:  8/3/2011Signature: Aaron L. Szabo Date: 8/15/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:121050-3522631Termination of Operations:2024DayPlant name:2010Year:Limerick Generating Station, Unit 1Docket Number:Date of Operation:3.00%13.82See Annuity SheetSee Annuity Sheet2.00%7Real Rate of Return per yearAccumulation:Value of Annuity per year$248,238,000Total Annuity:Number of Annual Payments:Step 5:Real Rate of Return per yearTotal Earnings:$373,485,736 NOIf licensee is granted greater than 2% RRR NO$36,551,305Total Step 5Total of Steps 4 thru 6:$528,210,057Does Licensee Pass:Total Earnings:N/A 0$491,658,752see annuity sheetSee Total Step 4Decom Period:Step 6:$491,658,752See Total Step 4Does Licensee Pass:Real Rate of Return per year NOTotal Step 4 + Step 5Total Earnings for Decom:Decom Period:Total AnnuityDoes Licensee Pass:Trust Fund Balance:Years Left in LicenseShortfall:($100,041,706)Real Rate of Return per yearYears remaining after annuity$118,173,017Earnings Credit:Step 4:
                                                                              $435,500,374                  NO Step 3:
Datasheet 2Signature: Shawn HarwellDate: 8/3/2011 Signature: Aaron L. SzaboDate: 8/15/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 10 26 2024YearAnnuity: 2011$7,170,000 2%$9,427,231 2012$7,170,000 2%$9,242,383 2013$7,170,000 2%$9,061,160 2014$7,170,000 2%$8,883,490 2015$7,170,000 2%$8,709,304 2016$7,170,000 2%$8,538,533 2017$7,170,000 2%$8,371,111 2018$7,170,000 2%$8,206,972 2019$7,170,000 2%$8,046,051 2020$7,170,000 2%$7,888,285 2021$7,170,000 2%$7,733,613 2022$7,170,000 2%$7,581,973 2023$7,170,000 2%$7,433,307 2024$0 2%$0Total:$109,123,411ANNUITYTotal AccumulationTermination of Operations:Real Rate of Return:
Decom Period:
Datasheet 2Signature:  Shawn HarwellDate: 8/3/2011 Signature: Aaron L. SzaboDate: 8/15/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 10 26 2024ANNUITYTermination of Operations:YearAnnuity: 2011$7,170,0003.00%$10,788,112 2012$7,170,0003.00%$10,473,895 2013$7,170,0003.00%$10,168,830 2014$7,170,0003.00%$9,872,650 2015$7,170,0003.00%$9,585,097 2016$7,170,0003.00%$9,305,920 2017$7,170,0003.00%$9,034,874 2018$7,170,0003.00%$8,771,722 2019$7,170,0003.00%$8,516,235 2020$7,170,0003.00%$8,268,189 2021$7,170,0003.00%$8,027,368 2022$7,170,0003.00%$7,793,561 2023$7,170,0003.00%$7,566,564 2024$03.00%$0Total:$118,173,017If licensee is granted greater than 2% RRRReal Rate of Return:Total Accumulation}}
Real Rate of Return  Decom        Total Earnings for Total Earnings:          per year         Period:          Decom:
      $435,500,374                2%              7            $32,376,332 Total of Steps 1 thru 3:   Does Licensee Pass:     Shortfall:
                                                                              $467,876,705                  NO            ($160,375,058)
Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo                                                                                                                                               Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/15/2011                                                                                                                                                                        Formulas verified by: Clayton Pittiglio
 
Datasheet 2 Plant name:                             Limerick Generating Station, Unit 1                                      Docket Number:           50-352 Month:                Day                    Year:
Date of Operation:                                       12                  31                      2010 Termination of Operations:                                      10                  26                      2024 If licensee is granted greater than 2% RRR Step 4:
Earnings Credit:
Real Rate of Return Years Left Trust Fund Balance:             per year       in License      Total Earnings:        Does Licensee Pass:
      $248,238,000                  3.00%            13.82          $373,485,736                  NO Step 5:
Accumulation:
Real Rate of Return    Number of Annual Value of Annuity per year          per year              Payments:               Total Annuity:
see annuity sheet          See Annuity Sheet              0                See Total Step 4 Real Rate of Return Years remaining after Total Annuity                per year                annuity                Total Step 5 See Total Step 4         See Annuity Sheet            N/A                 $118,173,017 Total Step 4 + Step 5    Does Licensee Pass:
                                                                                  $491,658,752                  NO Step 6:
Decom Period:
Real Rate of Return   Decom        Total Earnings for Total Earnings:              per year         Period:           Decom:
      $491,658,752                  2.00%              7            $36,551,305 Total of Steps 4 thru 6:  Does Licensee Pass:     Shortfall:
                                                                                  $528,210,057                  NO            ($100,041,706)
Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo                                                                                                                            Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/15/2011                                                                                                                                                    Formulas verified by: Clayton Pittiglio
 
Datasheet 2 ANNUITY Termination of Operations:            10           26 2024 Real Rate    Total Year          Annuity:  of Return: Accumulation 2011       $7,170,000     2%     $9,427,231 2012       $7,170,000     2%     $9,242,383 2013       $7,170,000     2%     $9,061,160 2014       $7,170,000     2%     $8,883,490 2015       $7,170,000     2%     $8,709,304 2016       $7,170,000     2%     $8,538,533 2017       $7,170,000     2%     $8,371,111 2018       $7,170,000     2%     $8,206,972 2019       $7,170,000     2%     $8,046,051 2020       $7,170,000     2%     $7,888,285 2021       $7,170,000     2%     $7,733,613 2022       $7,170,000     2%     $7,581,973 2023       $7,170,000     2%     $7,433,307 2024           $0         2%         $0 Total:     $109,123,411 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo                                  Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/15/2011                                                          Formulas verified by: Clayton Pittiglio
 
Datasheet 2 ANNUITY Termination of Operations:                      10           26 2024 If licensee is granted greater than 2% RRR Real Rate      Total Year          Annuity:      of Return: Accumulation 2011         $7,170,000        3.00%     $10,788,112 2012         $7,170,000        3.00%     $10,473,895 2013         $7,170,000        3.00%     $10,168,830 2014         $7,170,000        3.00%       $9,872,650 2015         $7,170,000        3.00%       $9,585,097 2016         $7,170,000        3.00%       $9,305,920 2017         $7,170,000        3.00%       $9,034,874 2018         $7,170,000        3.00%       $8,771,722 2019         $7,170,000        3.00%       $8,516,235 2020         $7,170,000        3.00%       $8,268,189 2021         $7,170,000        3.00%       $8,027,368 2022         $7,170,000        3.00%       $7,793,561 2023         $7,170,000        3.00%       $7,566,564 2024             $0            3.00%           $0 Total:     $118,173,017 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo                                            Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/15/2011                                                                    Formulas verified by: Clayton Pittiglio}}

Revision as of 15:38, 12 November 2019

2010 DFS Report Analysis for Limerick Generating Station, Unit 1
ML112370045
Person / Time
Site: Limerick Constellation icon.png
Issue date: 11/14/2011
From: Szabo A
Division of Inspection and Regional Support
To:
Szabo, A L, NRR/DPR, 415-1985
References
Download: ML112370045 (5)


Text

Datasheet 1 Plant name: Limerick Generating Station, Unit 1 Docket Number: 50-352 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c):1 $634,961,000 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:

Exelon Generation 100.00% 1 $248,238,000 Company, LLC Total Trust Fund Balance $248,238,000 3 Schedule of the annual amounts remaining to be collected: (provided/none) provided 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) 3.00% 3.00% Y N N 5 Any contracts upon which the licensee is relying? (Y/N) N 2

6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) Y 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 Licensee calculated MFA higher than NRC calculations. Justification, including factors used, were provided to NRC for review. No further review required.

2 Financial Assurance is provided by the external sinking fund method coupled with an external trust fund. No further review required.

Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/15/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 Plant name: Limerick Generating Station, Unit 1 Docket Number: 50-352 Month: Day Year:

Date of Operation: 12 31 2010 Termination of Operations: 10 26 2024 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx BWR 3458 $135,000,000 113.6 2.16 0.65 2.45 1.676 191.4 114.2 3.049 250.0 82.0 0.13 2.307 0.22 12.54 NRC Minimum: $628,251,763 Site Specific:

Amount of NRC Minimum/Site Licensee:  % Owned: Category Specific: Amount in Trust Fund:

Exelon Generation 100.00% 1 $628,251,763 $248,238,000 Company, LLC Total Fund Balance: $248,238,000 Step 1:

Earnings Credit:

Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:

$248,238,000 2% 13.82 $326,376,962 NO Step 2:

Accumulation:

Value of Annuity per year (amount/See Annuity Real Rate of Return Number of Annual Sheet) per year Payments: Total Annuity:

see annuity sheet See Annuity Sheet See Total Step 2 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 2:

See Total Step 2 See Annuity Sheet N/A $109,123,411 Total Step 1 + Step 2 Does Licensee Pass:

$435,500,374 NO Step 3:

Decom Period:

Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:

$435,500,374 2% 7 $32,376,332 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:

$467,876,705 NO ($160,375,058)

Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/15/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 Plant name: Limerick Generating Station, Unit 1 Docket Number: 50-352 Month: Day Year:

Date of Operation: 12 31 2010 Termination of Operations: 10 26 2024 If licensee is granted greater than 2% RRR Step 4:

Earnings Credit:

Real Rate of Return Years Left Trust Fund Balance: per year in License Total Earnings: Does Licensee Pass:

$248,238,000 3.00% 13.82 $373,485,736 NO Step 5:

Accumulation:

Real Rate of Return Number of Annual Value of Annuity per year per year Payments: Total Annuity:

see annuity sheet See Annuity Sheet 0 See Total Step 4 Real Rate of Return Years remaining after Total Annuity per year annuity Total Step 5 See Total Step 4 See Annuity Sheet N/A $118,173,017 Total Step 4 + Step 5 Does Licensee Pass:

$491,658,752 NO Step 6:

Decom Period:

Real Rate of Return Decom Total Earnings for Total Earnings: per year Period: Decom:

$491,658,752 2.00% 7 $36,551,305 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:

$528,210,057 NO ($100,041,706)

Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/15/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 ANNUITY Termination of Operations: 10 26 2024 Real Rate Total Year Annuity: of Return: Accumulation 2011 $7,170,000 2% $9,427,231 2012 $7,170,000 2% $9,242,383 2013 $7,170,000 2% $9,061,160 2014 $7,170,000 2% $8,883,490 2015 $7,170,000 2% $8,709,304 2016 $7,170,000 2% $8,538,533 2017 $7,170,000 2% $8,371,111 2018 $7,170,000 2% $8,206,972 2019 $7,170,000 2% $8,046,051 2020 $7,170,000 2% $7,888,285 2021 $7,170,000 2% $7,733,613 2022 $7,170,000 2% $7,581,973 2023 $7,170,000 2% $7,433,307 2024 $0 2% $0 Total: $109,123,411 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/15/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 ANNUITY Termination of Operations: 10 26 2024 If licensee is granted greater than 2% RRR Real Rate Total Year Annuity: of Return: Accumulation 2011 $7,170,000 3.00% $10,788,112 2012 $7,170,000 3.00% $10,473,895 2013 $7,170,000 3.00% $10,168,830 2014 $7,170,000 3.00% $9,872,650 2015 $7,170,000 3.00% $9,585,097 2016 $7,170,000 3.00% $9,305,920 2017 $7,170,000 3.00% $9,034,874 2018 $7,170,000 3.00% $8,771,722 2019 $7,170,000 3.00% $8,516,235 2020 $7,170,000 3.00% $8,268,189 2021 $7,170,000 3.00% $8,027,368 2022 $7,170,000 3.00% $7,793,561 2023 $7,170,000 3.00% $7,566,564 2024 $0 3.00% $0 Total: $118,173,017 Signature: Shawn Harwell Date: 8/3/2011 Signature: Aaron L. Szabo Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 8/15/2011 Formulas verified by: Clayton Pittiglio