- 25 - With respect to the acquisition and installation of the spent fuel rack system, petitioner incurred capitalized costs (tax basis) of $6,713,729, $532,892, and $6,646,960 for equipment placed in service in the 1988, 1989, and 1990 taxable years, respectively. 6. Area Radiation Monitoring System An area radiation monitoring system measures the radiation throughout a nuclear electric generating plant. The system consists of a local monitor that measures radiation and cabling to the control room where readouts from all the monitors are displayed. FPL claims an ITC for the area radiation monitoring system in the 1990 taxable year. NUREG 0737 and Supplement 1 to NUREG 0737, dated December 17, 1982, provide regulatory guidelines for radiation monitoring.31 On February 23, 1984, the NRC issued an order confirming FPL’s commitments to comply with Supplement 1 to NUREG 0737 with respect to Turkey Point Units 3 and 4. A 1988 BI No. 145, approved on August 20, 1987, budgeted $1.9 million to replace the area radiation monitoring system. A section of the BI labeled “purpose and necessity” states: 31 According to these regulatory guidelines: It is our intent that the guidance documents themselves * * * are not to be used as requirements, but rather they are to be used as sources of guidance for NRC reviewers and licensees regarding acceptable means for meeting the basic requirements.Page: Previous 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Next
Last modified: May 25, 2011