Perry

Basic Facts:

  • Location: North Perry, Ohio
  • Owner: Cleveland Electric Illuminating (majority)
  • Operator: FirstEnergy Nuclear
  • Construction Cost: $7.4B (2018$)
  • Plant Output: 1,300 MW
  • Property Size: 1,100 acres
  • Status: At Risk of Closure
  • Employees: 700
  • Expected Shutdown Date: 2021
  • Current DTF Balance: $540M (2018$)
  • DTF Balance Prior to Decommissioning: $600M (2018$)
  • Decommissioning Cost Estimate: $680M (2018$)
  • Spent Fuel On Site: 733 metric tons
Perry Photo

Background

The Perry Nuclear Power Plant is home to a single, 1,300 MW boiling water reactor located in North Perry, Ohio on the shores of Lake Erie northwest of Cleveland, Ohio. Plant construction began in 1974 and the plant received its initial operating license in 1986.

In March of 2018, citing economic considerations, plant ownership announced their intentions to permanently shut down Perry by 2021.

Socioeconomics

The Perry Nuclear Power Plant is located within Lake County, Ohio. As of 2016:

  • Population: 239,000
  • Per Capita Annual Income: $46,000
  • Unemployment rate (not seasonally adjusted): 5.2%

For the 2018 tax year, Perry’s utility and property taxes will produce approximately $11 million, divided among the Perry Schools, the Perry Fire Department and several other public entities

Contact Information

Economic Development Administration Representative:

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

Columbus And Cincinnati Sue To Stop Consumer Fees For Nuclear Bailout

October 28, 2020

Columbus And Cincinnati Sue To Stop Consumer Fees For Nuclear BailoutColumbus and Cincinnati have filed a lawsuit to halt increased electricity fees tied to HB6, the nuclear power plant bailout at the center of a federal racketeering probe. The lawsuit was filed in Franklin County’s Court of Common Pleas on Tuesday.

Read More

Ohio AG Dave Yost sues to block House Bill 6 nuclear bailout money from being paid out

September 24, 2020

Ohio AG Dave Yost sues to block House Bill 6 nuclear bailout money from being paid out COLUMBUS, Ohio–Attorney General Dave Yost on Wednesday filed a civil lawsuit seeking to block the owner of two Northern Ohio nuclear power plants from receiving any of the $1.3 billion in public bailout funds approved under House Bill […]

Read More

Davis-Besse’s future in lawmakers’ hands with House Bill 6 measures

September 21, 2020

Davis-Besse’s future in lawmakers’ hands with House Bill 6 measures Known as House Bill 6, the legislation provided a $1 billion bailout for the nuclear plants while also doing away with a 2008 law the Ohio General Assembly had passed by a wide margin 12 years ago to mandate more investment in renewable power and […]

Read More

Ohio lawmakers set first hearing on repeal of nuclear bailout legislation

September 10, 2020

Ohio lawmakers set first hearing on repeal of nuclear bailout legislation (The Center Square) – Less than two weeks after Ohio House Speaker Bob Cupp created a new committee to deal with House Bill 6, the group plans to hold its first hearing. According to the committee agenda, the House Select Committee on Energy Policy […]

Read More

Ohio House begins process of repealing House Bill 6, nuclear bill tainted by corruption probe

September 1, 2020

Ohio House begins process of repealing House Bill 6, nuclear bill tainted by corruption probe COLUMBUS, Ohio — New Ohio House Speaker Bob Cupp has taken what he says is the first step toward repealing House Bill 6, the nuclear bailout law that’s at the center of an ongoing federal corruption investigation. Cupp, a Lima […]

Read More

Some lawmakers demand action on nuclear bailout bill amid corruption scandal

August 31, 2020

Some lawmakers demand action on nuclear bailout bill amid corruption scandal By Todd DeFeo The Center Square https://www.thecentersquare.com/ Democrats want lawmakers to take action on House Bill 6, a ratepayer-funded bailout of nuclear

Read More

HB 6 repeal talk rattles 2 Ohio communities with nuclear plants

August 27, 2020

HB 6 repeal talk rattles 2 Ohio communities with nuclear plants Residents of Lake County in northeastern Ohio are back on edge.So are those in Ottawa County in northern Ohio.The $61 million Statehouse scandal involving House Bill 6 has raised concerns that the legislation will be repealed and will put the state’s two nuclear power […]

Read More

Ohio AG Yost considering lawsuit to halt nuclear plant surcharge

August 27, 2020

Ohio AG Yost considering lawsuit to halt nuclear plant surcharge COLUMBUS – Ohio Attorney General Dave Yost on Wednesday said he’s prepared to seek an injunction that would stop the imposition of a ratepayer surcharge …

Read More

Lake County concerned HB 6 repeal could cause Perry Plant closure, economic issues

August 27, 2020

Lake County concerned HB 6 repeal could cause Perry Plant closure, economic issues PERRY TOWNSHIP, Ohio – Leaders in Lake County are sharing economic concerns over the effort to repeal House Bill 6, potentially causing the closing of the Perry Nuclear Power Plant and the loss of 700 jobs and millions in tax revenue.

Read More

Lake County commissioners urge state officials to consider cost of HB 6 repeal without replacement

August 20, 2020

Lake County commissioners urge state officials to consider cost of HB 6 repeal without replacement The Lake County commissioners this week, along with their colleagues from Ottawa County, expressed fervent opposition to any legislative proposal to repeal House Bill 6 without a thoroughly vetted and workable replacement.

Read More

(802) 345-7044

Connect

Blog

Contact

Download our

free report

Discover tools and information for improving project outcomes and
catalyzing economic recovery

Scroll to Top