The Final Fee Rule is, Finally, Final

Arlette Howard
Senior Program Analyst
Office of the Chief Financial Officer
 

It happens near the end of every summer – the NRC’s final fee rule is implemented. This year’s effective date is August 29, 2014. What does that mean? The final rule establishes the fee policy for fiscal year (in this case FY 2014, which ends Sept. 30th). It’s prepared in response to public comments on the proposed rule and final fee amounts in compliance with the Omnibus Budget Reconciliation Act of 1990, as amended.

budgetinfographicFor FY 2014, the NRC’s budget is approximately $1 billion. Based on this amount, the NRC will recover about $916.7 million by collecting fees. About 36 percent of the fees are attributed to licensee-specific services (such as services done by NRC staff for a particular licensee) and 64 percent from annual fees collected from all licensees.

The law requires the NRC to recover about 90 percent of our budget through fees, which means the agency is only funded about 10 percent from taxpayer money.

There are two types of fees the NRC charges. One is an hourly rate and flat application fees, and the other is an annual fee. Both types of fees recover the costs of regulating the use of radioactive materials. Hourly fees recover the costs of providing specific services to individual licensees (or potential licensees) such as reviewing applications and performing inspections. Annual fees recover all costs associated with regulatory activities, such as rulemaking and research, which benefit all licensees.

The final rule includes several changes from FY 2013. First, we are changing the current hourly rate from $272 to $279. Secondly, we are revising the flat license application fees (found in our federal guidelines 10 CFR Parts 170.21 and 170.31) to reflect the new hourly rate.

And, finally, we are revising the annual fees to recover the costs of providing regulatory services that benefit all classes of licensees. The annual fees increase for operating reactors, research and test reactors, most fuel facilities, material users, and uranium recovery facilities. Annual fees decrease for spent fuel storage facilities (at operating, decommissioning and decommissioned reactor sites) and Department of Energy transportation activities.

For more details on the final rule, please visit www.regulations.gov and use Docket ID NRC-2013-0276. For FY 2014 budget information, go here.