The failure probabilities of pipes in nuclear power plants due to stress corrosion are obtained using the P-PIE program, which is developed for evaluating failure probability of pipes based on the existing PRAISE program. Leak, big leak and LOCA(loss of coolant accident) probabilities are calculated as a function of operating time for several pipes in a domestic nuclear plant. The sensitivity analysis is also performed to find out the important parameters for the failure of pipes due to stress corrosion. The results show that the steady state oxygen concentration and steady state temperature are important parameters and failure probability is very low when the oxygen concentration is maintained according to the regulation.