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Duke Energy Submits Early Site Permit Application to NRC for New Nuclear Reactors in North Carolina

LCG, December 30, 2025--Duke Energy announced today its submission of an early site permit (ESP) application to the U.S. Nuclear Regulatory Commission (NRC). The site is near the Belews Creek Steam Station in Stokes County, North Carolina. The submittal follows two years of work at the site, and the announcement states that the submittal is part of Duke Energy's strategic, on-going commitment to evaluate new nuclear generation options to reliably meet the growing electricity needs of its customers while reducing costs and risks.

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The NRC Issues Summary of 2025 Successes

LCG, December 29, 2025--The Nuclear Regulatory Commission (NRC) today issued a summary of its 2025 accomplishments to highlight its commitment to "enabling the safe and secure use of civilian nuclear energy and radioactive materials through efficient and reliable licensing, oversight, and regulation to benefit society and the environment."

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Industry News

Unitil Asks for New Hampshire Rate Decrease

LCG, June 19, 2001--Concord Electric Co. and Exeter & Hampton Electric Co., both subsidiaries of Unitil Corp., have filed for a 15 percent rate decrease with the New Hampshire Public Utilities Commission, the parent company announced yesterday.

If approved, the decrease would take effect on August 1 for customers of both electric companies. Unitil said the rate decreases are the result of lower proposed fuel and purchased power adjustments and will give customers of the two utilities the lowest rates in the region.

The company said a typical Concord residential customer using 500 kilowatt hours per month will see a decrease of $9.31, giving him a total monthly bill of $53.57. A typical Exeter & Hampton residential customer using 500 kilowatt-hours a month will see a decrease of $9.66, yielding a total monthly bill of $51.09.

The company giveth and the company taketh away. While Concord Electric and Exeter & Hampton customers see their rates decrease, those of Unitil's Massachusetts subsidiary, Fitchburg Gas & Electric Light Co., are likely to see their rates increase. Fitchburg asked Massachusetts regulators on May 25 for permission to raise rates to cover higher energy supply costs.

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