Basic Facts:

  • Location: Tonopah, Arizona
  • Owner: Arizona Public Service (majority)
  • Operator: Arizona Public Service
  • Construction Cost: $11.8B (2018$)
  • Plant Output: 3,900MW (Combined)
  • Property Size: 4,100 acres
  • Status: Operational
  • Employees: 2,000
  • Expected Shut Down Date:
    • Unit 1 (2045)
    • Unit 2 (2046)
    • Unit 3 (2047)
  • Current DTF Balance: $3.1B (2018$)
  • DTF Balance Prior to Decommissioning: $5.6B (2018$)
  • Decommissioning Cost Estimate: $1.6B (2018$)
Palo Verde 1, 2 and 3 photo


The Palo Verde Nuclear Generating Station consists of three pressurized water reactors. Construction began in 1976 with licensed operations commencing in 1986 for Units 1 and 2. Unit 3 began operations in 1988.

In 201, the NRC granted license extensions for Units 1, 2 and 3 extending their operational life to 2045, 2046 and 2047 respectively.


The Palo Verde Nuclear Generating Station is located within Maricopa County, Arizona. As of 2016, socioeconomic information is as follows:

  • Population: 4,300,000
  • Per Capita Annual Income: $45,500
  • Unemployment rate (not seasonally adjusted): 4.2%

Palo Verde is one of the largest single commercial taxpayers in Arizona, paying $55 million in property taxes in 2017.

Contact Information

Economic Development Administration Representative:

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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