Shearon Harris

Basic Facts:

  • Location: New Hill, North Carolina
  • Owner: Progress Energy
  • Operator: Progress Energy
  • Construction Cost: $5B (2018$)
  • Plant Output: 900 MW
  • Property Size: 11,000 acres
  • Status: Operational
  • Employees: 800
  • Expected Shut Down Date: 2046
  • Current DTF Balance: $520M (2018$)
  • DTF Balance Prior to Decommissioning: $950M (2018$)
  • Decommissioning Cost Estimate: $490M (2018$)
  • Spent Nuclear Fuel on Site: 1,575 metric tons
Shearon Harris Photo

Background

The Shearon Harris nuclear power station consists of a single pressurized water reactor. Construction began in 1978 with licensed operations commencing in 1987.

In 2008, the Nuclear Regulatory Commission granted Shearon Harris a twenty-year license renewal. Its licensed operational life extends to 2046.

Socioeconomics

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

  • Population: 1,072,000
  • Per Capita Annual Income: $54,000
  • Unemployment rate (not seasonally adjusted): 3.4%

The Shearon Harris nuclear facility and its owner, Progress Energy, contribute approximately $10M annually in property taxes or approximately 2% of Wake County revenues.

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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