McGuire 1 & 2

Basic Facts:

  • Location: Huntersville, North Carolina
  • Owner: Duke Energy
  • Operator: Duke Energy
  • Construction Cost: $4.8B (2018$)
  • Plant Output: 2,300 MW (Combined)
  • Property Size: 800 acres
  • Status: Operational
  • Employees: 1,200
  • Expected Shut Down Date: Unit 1 (2041), Unit 2 (2043)
  • Current DTF Balance: $1.1B (2018$)
  • DTF Balance Prior to Decommissioning: $1.8B (2018$)
  • Decommissioning Cost Estimate: $1.0B (2018$)
  • Spent Nuclear Fuel on Site: 1,532 metric tons
McGuire 1 & 2 Photo

Background

The McGuire nuclear power station consists of two pressurized water reactors. Construction began in 1971 (Units 1 & 2) with licensed operations commencing in 1981 and 1984 respectively.

In 2003, the Nuclear Regulatory Commission granted McGuire a twenty-year license renewal for both units. Its licensed operational life extends to 2041 and 2043 respectively.

Socioeconomics

The McGuire nuclear power plant is located within Mecklenburg County, North Carolina. As of 2016, socioeconomic information is as follows:

  • Population: 1,077,000
  • Per Capita Annual Income: $54,000
  • Unemployment rate (not seasonally adjusted): 3.7%

The McGuire Nuclear Station currently pays $333,333 a year in in-lieu-tax-payments to the Town of Huntersville, as part of an agreement that runs until 2027.

Contact Information

Economic Development Administration Representative:

Economic Development District

University Center

Nuclear Regulatory Commission

Unless specific costing information has been provided, decommissioning costs were derived from 2017 Decommissioning Funding Status Report.
Information herein obtained from public sources. Corrections are welcome and may be directed to [email protected].

Additional Information

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(802) 345-7044

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