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 1 Plant name: Turkey Point Station, Unit 3 Docket Number: 50-250 1 The minimum financial assurance (MFA) estimate pursuant to 10 CFR 50.75(b) & (c): $423,579,900 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:

FPL 100.00% 1 $583,819,707 Total Trust Fund Balance $583,819,707 3 Schedule of the annual amounts remaining to be collected: (provided/none) none1 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) 3.90% 2.95% 0.95% N N Y N N Y 5 Any contracts upon which the licensee is relying? (Y/N) N 6 Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) N 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 Pursuant to FPSC Order No. PSC-05-0902-S-El, customer contributions to the DTF were suspsended effective 9/1/2005 Rates provided are non-approved rates by the PUC but were filed with Florida Public Service Commission in December 2010 Signature: Aaron Szabo Date: 6/14/2011 Signature: Shawn Harwell Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/25/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 Plant name: Turkey Point Station, Unit 3 Docket Number: 50-250 Month: Day Year:

Date of Operation: 12 31 2010 Termination of Operations: 7 19 2032 Latest Latest BWR/PWR MWth 1986$ ECI Base Lx Lx Px Base Px Fx Base Fx Ex Bx Month Px Month Fx PWR 2300 $95,240,000 112.8 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 NRC Minimum: $423,453,263 Site Specific:

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

FPL 100.00% 1 $423,453,263 $583,819,707 Total Fund Balance: $583,819,707 Step 1:

Earnings Credit:

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

$583,819,707 2% 21.55 $894,574,221 YES Step 2:

Accumulation:

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

2% $0 Real Rate of Years remaining after Total Annuity Return per year annuity Total Step 2:

$0 2% 21.55 $0 Total Step 1 + Step 2 Does Licensee Pass:

$894,574,221 YES Step 3:

Decom Period:

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

$894,574,221 2% 7 $66,505,183 Total of Steps 1 thru 3: Does Licensee Pass: Shortfall:

$961,079,404 YES NO Signature: Aaron Szabo Date: 6/14/2011 Signature: Shawn Harwell Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/25/2011 Formulas verified by: Clayton Pittiglio

Datasheet 2 Plant name: Turkey Point Station, Unit 3 Docket Number: 50-250 Month: Day Year:

Date of Operation: 12 31 2010 Termination of Operations: 7 19 2032 If licensee is granted greater than 2% RRR Step 4:

Earnings Credit:

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

$583,819,707 2.00% 21.55 $894,574,221 YES Step 5:

Accumulation:

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

$0 2.00% 0 $0 Real Rate of Years remaining after Total Annuity Return per year annuity Total Step 5

$0 2.00% 21.55 $0 Total Step 4 + Step 5 Does Licensee Pass:

$894,574,221 YES Step 6:

Decom Period:

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

$894,574,221 2.00% 7 $66,505,183 Total of Steps 4 thru 6: Does Licensee Pass: Shortfall:

$961,079,404 YES NO Signature: Aaron Szabo Date: 6/14/2011 Signature: Shawn Harwell Spreadsheet created by: Aaron Szabo, Shawn Harwell Date: 7/25/2011 Formulas verified by: Clayton Pittiglio