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This plant is in my town. We used to get great tax relief (I pay $7,700 a year) with them here but over the years the state decided that the cities like Newark and Camden needed the tax money more and gave the bulk to them. Currently, we receive 14 million a year from the plant, the township now says we will get 11 million until the plant will be totally decommissioned. I'm Not counting on that. https://www.msn.com/en-us/news...4ZnC&ocid=spartandhp LACEY TOWNSHIP, N.J. — The oldest nuclear power plant in the United States will shut down in October, more than a year ahead of schedule. Chicago-based Exelon Generation says the Oyster Creek plant in Lacey Township, New Jersey, will close this fall. It had a deadline of Dec. 31, 2019, under an agreement with state authorities. The company says it is becoming too costly to operate the plant amid low power prices. In a release announcing the early shutdown, Exelon said the new timetable will help it "better manage resources as fuel and maintenance costs continue to rise amid historically low power prices." Bryan Hanson, Exelon's president and chief nuclear officer, said the company will offer jobs to all 500 Oyster Creek workers elsewhere in the company. "I want to thank the thousands of men and women who helped operate Oyster Creek Generating Station safely for the past half-century, providing generations of New Jersey families and businesses with clean, reliable electricity," he said. "We thank our neighbors for the privilege of allowing us to serve New Jersey for almost 50 years." Oyster Creek went online Dec. 1, 1969, the same day as the Nine Mile Point Nuclear Generating Station near Oswego, New York. But Oyster Creek's original license was granted first, making it the oldest of the nation's commercial nuclear reactors that are still operating. The company reached a deal with New Jersey's Republican Gov. Chris Christie in 2010 to shut the plant down 10 years earlier than normal in return for not having to build costly cooling towers at the plant site in the Forked River section of Lacey Township, near the Jersey shore. Environmentalists have long faulted the warmer-than-normal water that exits from the plant with harming or killing marine life in the fragile Barnegat Bay. The company says it has taken many costly steps to protect the environment and operate the plant safely. "It should have closed a long time ago," said Jeff Tittel, director of the New Jersey Sierra Club. "This is the oldest nuclear plant in the country and it's falling apart. It leaks radioactive tritium, has problems with storage, and erosion with containment vessels, among other issues. This plant was a disaster waiting to happen, so it's vital for our coast that it's closing early. This plant is a dinosaur and it's good that's its going extinct." The Nuclear Regulatory Commission granted Oyster Creek a new 20-year license in April 2009, rejecting criticism from a coalition of residents and environmental groups that the plant was too old and degraded to operate safely for another two decades. The opposition centered on corrosion to the plant's drywell shield, a metal enclosure that keeps superheated radioactive steam within a containment building around the reactor. The NRC, which governs the industry, had determined the shield is safe despite previous water leaks that caused rust to eat away parts of it. Exelon had applied a strong coating material to the liner and removed a sand bed at the base of the reactor that was found to hold moisture. Oyster Creek's design — a boiling-water reactor — is considered obsolete by today's standards. Living the Dream | ||
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| Get my pies outta the oven!  |
Get out now while you can. Pennsylvania has great firearms carry freedoms unlike you serfs in the People's Republik of New Jersey and taxes are much lower here. | |||
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We have to wait one more year until my daughter leaves for college. Georgia is a strong possibility. I have a lot of family here and a daughter that has cancer, so as much as I want out, I'm committed for a little longer. Living the Dream | |||
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| It's not you, it's me.  |
Well that stinks. That’s like the one way you can have lower taxes in NJ...live next to a power plant of some kind, or have their pipes travel under your land. Btw, My first girlfriend lived in Lacy. Used to always go to Mary’s Little Dairy. | |||
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| 10mm is The Boom of Doom  |
Interesting article. But it was a little repetitious. Interesting article. But it was a little repetitious. Interesting article. But it was a little repetitious. Interesting article. But it was a little repetitious. Interesting article. But it was a little repetitious. Interesting article. But it was a little repetitious. God Bless and Protect the Once and Future President, Donald John Trump. | |||
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Mary's little dairy has been closed for about 10 years at least. They had good ice cream. Now it is a hunting and fishing store. When I first moved into my home 25 years ago, taxes were $1,800 a year. Small world. The town has grown but in the summer you can't beat it for fast access to the bay and ocean, winter is still good for hunting deer. We are allowed to shot coyotes with a rifle up to 25 caliber when hunting for deer. A rifle up to now was unheard of. Living the Dream | |||
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Fixed Living the Dream | |||
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Member |
What a shame. The winter fishing was always great there due to the warm water. La Dolce Vita | |||
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The largest Flounder I ever caught was at the discharge side. Lucky I was fishing out of a boat, there would have been no way to reel it up to the bridge. Fishing must be good, I see people their every day and night when I pass over that section. Living the Dream | |||
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Ammoholic |
Do you eat the fish? The plant near me, North Anna, we would never eat the fish from the "warm side" of the lake. I don't think there was any reason not to eat them. It's just weird eating something that lives in a giant cooling pond for a nuclear plant. Jesse Sic Semper Tyrannis | |||
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The water comes from the bay, it is like a horseshoe. It comes in on the north side and discharges of the south side and returns to the bay. While working in the nuclear industry, I was lucky enough to go to Oyster Creek in my own town for 6 months. Part of my job in health physics was to watch the crew clean out the steam condensers. Picture this" a pipe comes in with salt water from the bay. There are six units that have IIRC 120 copper one inch tubes that are 100' long in each unit. The water from the bay passes through the tubes, cooling the steam from the turbine down and back into water. The outflow is monitored and never once has there been a leak or detection. Now the water from the bay that was cool, is now warm and flows back into the outlet Creek and into the bay. The water makes the bay water in that area maybe 8 degrees warmer. Not that much, but when the plant shuts down for an emergency repair in the winter, the fish get shocked by the quick change in water temperature and there is a fish die off. I wouldn't hesitate eating fish from that area. That water is tested more than anywhere else in the 75 square mile Barnegat Bay. Never worked North Anna, we had 3 choices we could ask to work at when we finished where we were. Anna was never at the right time for my schedule. Living the Dream | |||
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Member |
RT, do you thing the housing prices will drop? | |||
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No. There are a lot of foreclosures in town. I think the prices are lower than before. I just got my tax quote for 2018 and now my house is down about $40,000 from last year. In 2017 I was accessed at $422,000 (IMO way too high), now I'm around $379,000 for land and house. Even accessed at the new rate, my neighbor who does mortgages tells me I'm luck that at market rate I would get $290,000. As crazy as it sounds, I think when the plant closes and the taxes go up, A lot of people can't afford to live hear. That will bring in the city people from up north with money and they will pay more to be on the water. It is still less expensive for them over what they pay in North Jersey. Right now the foreclosures are small homes with people living on the edge. They have money, but not enough to keep paying the taxes and insurance rates in NJ. Living the Dream | |||
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