The following words and terms, when used in this chapter,
shall have the following meanings unless the context clearly indicates
otherwise. Additional definitions that apply to this chapter can be found at
14:3-1.1.
"Board" means the New Jersey Board of Public Utilities or its
successor.
"Decommissioning" means to remove a facility safely from
service and reduce residual radioactivity to a level that permits release of
the property for unrestricted use and termination of NRC operating
license.
"DECON" means the method of decommissioning in which the
equipment, structures, and portions of a facility and site containing
radioactive contaminants are removed or decontaminated to a level that permits
the property to be released for unrestricted use after cessation of
operations.
"DEP" means the New Jersey Department of Environmental
Protection or its successor.
"DOH" means the New Jersey Department of Health or its
successor.
"DOTNJ" means the New Jersey Department of Transportation or
its successor.
"DOTUS" means the United States Department of Transportation
or its successor.
"Electric public utility" means all electric public utilities
as defined by
48:2-13, but does not mean
municipally owned electric public utilities.
"ENTOMB" means the method by which radioactive contaminants
are encased in a structurally long-lived material, such as concrete. The
entombed structure is appropriately maintained, and continued surveillance is
carried out until the radioactivity decays to a level permitting unrestricted
release of the property.
"Nonqualified fund" means a segregated fund established and
maintained in the United States pursuant to an arrangement that qualifies as a
trust under State Law and under
10 C.F.R.
50.75 for the purpose of providing funds for
nuclear decommissioning. A utility under Section 1.468A of the Internal Revenue
Code (IRC) of 1986, as amended, is allowed no deduction from its taxable income
for contributions to the nonqualified fund.
"NRC" means the United States Nuclear Regulatory Commission
or its successor.
"Qualified fund" means a segregated fund established and
maintained in the United States pursuant to an arrangement that qualifies as a
trust under State Law and under
10 C.F.R.
50.75 for the purpose of providing funds for
nuclear decommissioning in accordance with Section 1.468A of the Internal
Revenue Code (IRC) of 1986, as amended. A utility under Section 1.468A is
allowed to deduct from its taxable income, IRS-approved contributions to the
qualified fund subject to certain limitations.
"Rate Counsel" means the New Jersey Division of Rate Counsel
in the Department of the Public Advocate, or its successor agency.
"SAFSTOR" means the method by which the nuclear facility is
placed and maintained in a condition that allows the nuclear facility to be
safely stored and subsequently decontaminated (deferred decontamination) to
levels that permit release for unrestricted use.
"Significant changes" means:
1. Any increases or decreases in the total original cost
estimates greater than 2.5 percent or a change of $ 1,000,000 or more in any
single line item;
2. Addition of a cost category or deletion of a cost
category;
3. A new cost assumption, or elimination of an assumption
having a cost impact of $ 1,000,000 or more;
4. A change in the date for the cessation of commercial
operations at the nuclear generating station; or
5. A change in the choice of decommissioning options.
