ML112380023
| ML112380023 | |
| Person / Time | |
|---|---|
| Site: | Watts Bar  |
| Issue date: | 11/14/2011 |
| From: | Szabo A Division of Inspection and Regional Support |
| To: | |
| Szabo, A L, NRR/DPR, 415-1985 | |
| References | |
| Download: ML112380023 (5) | |
Text
Datasheet 1Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. Szabo Date: 7/7/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 1 2% Owned:Category:100.00%1 3 49.00%4.00%5.00%N Y Y Y Y Y 5 6Any modifications to a licensee's method of providing decommissioning funding assurance? (Y/N) 7Allowed through Decom (Y/N)Total Trust Fund BalancePost-RAIRates Determined (Y/N)Any material changes to trust agreements? (Y/N)Plant name:Watts Bar Nuclear Plant, Unit 150-390RAI 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):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)Escalation Rate N N Y$467,000,000The 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$105,790,000Real Rate of ReturnPUC Verified (Y/N)TVALicensee:$105,790,000Amount in Trust Fund:
Datasheet 2Signature: Shawn W. Harwell Date: 6/29/11Signature: Aaron L. Szabo Date: 7/7/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:1211PWR 3459$105,000,000112.81.980.652.231.676191.4114.23.049250.082.00.132.2530.2212.28% Owned:Category100.00%1 2%24.86See Annuity SheetSee Annuity Sheet 2%7$276,936,203($189,911,683)Shortfall:
NODoes Licensee Pass:Does Licensee Pass:
NOTotal of Steps 1 thru 3:See Annuity SheetNumber of Annual Payments:Accumulation:Step 2:Earnings Credit:$105,790,000Decom Period:See Total Step 2Total AnnuityReal Rate of Return per yearTotal Fund Balance:$105,790,000Total Step 1 + Step 2$257,772,654$19,163,550Total Earnings for Decom:Decom Period:Total Earnings:Real Rate of Return per yearLatest Month PxAmount of NRC Minimum/Site Specific:BWR/PWRMWthTVATotal Annuity:Step 3:$105,790,000Amount in Trust Fund:$84,705,814Total Earnings:$173,066,840Real Rate of Return per year FxSite Specific:Total Step 2:Years Left in LicenseN/AReal Rate of Return per yearDoes Licensee Pass:
NOSee Total Step 2$257,772,654Years remaining after annuity Px50-390 931Termination of Operations:2035 1986$DayBase FxPlant name:Value of Annuity per year (amount/See Annuity Sheet)Licensee:$466,847,886NRC Minimum:$466,847,886Trust Fund Balance:Step 1: Bx Ex LxECIBase LxBase Px2010Year:Watts Bar Nuclear Plant, Unit 1Docket Number:Date of Operation:Latest Month Fx Datasheet 2Signature: Shawn W. Harwell Date: 6/29/11Signature: Aaron L. Szabo Date: 7/7/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton PittiglioMonth:121150-390 931Termination of Operations:2035DayPlant name:2010Year:Watts Bar Nuclear Plant, Unit 1Docket Number:Date of Operation:5.00%24.86See Annuity SheetSee Annuity Sheet5.00%7Real Rate of Return per yearAccumulation:Value of Annuity per year$105,790,000Total Annuity:Number of Annual Payments:Step 5:Real Rate of Return per yearTotal Earnings:$355,741,192 NOIf licensee is granted greater than 2% RRRYES$98,749,642Total Step 5Total of Steps 4 thru 6:$583,886,166Does Licensee Pass:Total Earnings:N/A 0$485,136,524See Annuity SheetSee Total Step 4Decom Period:Step 6:$485,136,524See Total Step 4Does Licensee Pass:Real Rate of Return per yearYESTotal Step 4 + Step 5Total Earnings for Decom:Decom Period:Total AnnuityDoes Licensee Pass:Trust Fund Balance:Years Left in LicenseShortfall:
NOReal Rate of Return per yearYears remaining after annuity$129,395,332Earnings Credit:Step 4:
Datasheet 2Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. SzaboDate: 7/7/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 11 9 2035YearAnnuity: 2011$2,600,000 2%$4,253,597 2012$2,600,000 2%$4,170,193 2013$2,600,000 2%$4,088,425 2014$2,600,000 2%$4,008,259 2015$2,600,000 2%$3,929,666 2016$2,600,000 2%$3,852,614 2017$2,600,000 2%$3,777,072 2018$2,600,000 2%$3,703,012 2019$2,600,000 2%$3,630,404 2020$2,600,000 2%$3,559,220 2021$2,600,000 2%$3,489,431 2022$2,600,000 2%$3,421,011 2023$2,600,000 2%$3,353,932 2024$2,600,000 2%$3,288,169 2025$2,600,000 2%$3,223,695 2026$2,600,000 2%$3,160,485 2027$2,600,000 2%$3,098,515 2028$2,600,000 2%$3,037,760 2029$2,600,000 2%$2,978,196 2030$2,600,000 2%$2,919,800 2031$2,600,000 2%$2,862,549 2032$2,600,000 2%$2,806,420 2033$2,600,000 2%$2,751,393 2034$2,600,000 2%$2,697,444 2035$2,600,000 2%$2,644,553Total:$84,705,814ANNUITYTotal AccumulationTermination of Operations:Real Rate of Return:
Datasheet 2Signature: Shawn W. Harwell Date: 6/29/11 Signature: Aaron L. SzaboDate: 7/7/2011Spreadsheet created by: Aaron Szabo, Shawn HarwellFormulas verified by: Clayton Pittiglio 11 9 2035ANNUITYTermination of Operations:YearAnnuity: 2011$2,600,0005.00%$8,743,730 2012$2,600,0005.00%$8,327,362 2013$2,600,0005.00%$7,930,821 2014$2,600,0005.00%$7,553,163 2015$2,600,0005.00%$7,193,489 2016$2,600,0005.00%$6,850,941 2017$2,600,0005.00%$6,524,706 2018$2,600,0005.00%$6,214,006 2019$2,600,0005.00%$5,918,101 2020$2,600,0005.00%$5,636,286 2021$2,600,0005.00%$5,367,892 2022$2,600,0005.00%$5,112,278 2023$2,600,0005.00%$4,868,836 2024$2,600,0005.00%$4,636,987 2025$2,600,0005.00%$4,416,178 2026$2,600,0005.00%$4,205,884 2027$2,600,0005.00%$4,005,604 2028$2,600,0005.00%$3,814,861 2029$2,600,0005.00%$3,633,201 2030$2,600,0005.00%$3,460,191 2031$2,600,0005.00%$3,295,420 2032$2,600,0005.00%$3,138,495 2033$2,600,0005.00%$2,989,043 2034$2,600,0005.00%$2,846,708 2035$2,600,0005.00%$2,711,150Total:$129,395,332If licensee is granted greater than 2% RRRReal Rate of Return:Total Accumulation