- Location: Spring City, Tennessee
- Owner: Tennessee Valley Authority
- Operator: Tennessee Valley Authority
- Construction Cost: $12B (2018$)
- Plant Output: 2,300 MW (Combined)
- Property Size: 1,800 acres
- Status: Operational
- Employees: 1,000
- Expected Shut Down Date: Unit 1 (2035), Unit 2 (2055)
- Current DTF Balance: $350M (2018$)
- DTF Balance Prior to Decommissioning: $1.3B (2018$)
- Decommissioning Cost Estimate: $1.0 (2018$)
- Spent Nuclear Fuel on Site: 1,491 metric tons
The Watts Bar nuclear power station consists of two pressurized water reactors. Construction began in 1973 with licensed operations commencing in 1996 (Unit 1) and 2015 (Unit 2). Operational licenses expire in 2035 (Unit 1) and 2055 (Unit 2).
The Watts Bar nuclear power plant is located within Rhea County, Tennessee. As of 2016, socioeconomic information is as follows:
- Population: 33,000
- Per Capita Annual Income: $34,000
- Unemployment rate (not seasonally adjusted): 5.9%
As a government entity, TVA does not pay state, local or federal income taxes. Rhea County receives approximately $1M of TVA’s in lieu of tax payments to the State of Tennessee.
Economic Development Administration Representative:
- Bertha Partin, Atlanta Regional Office, t: (404) 730-3010, e: [email protected]
Economic Development District
Nuclear Regulatory Commission
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