One Year Later…
It has been one year since we ‘flipped the switch’ on Bridgeport Harbor Station Unit 5. The new state-of-the-art high-efficiency combined-cycle Unit 5 power plant has enabled PSEG to support the Bridgeport region’s electricity needs for years to come. BHS Unit 5 represents the most efficient power plant in the PSEG fossil fleet; displacing higher-emitting units in the region’s power markets and supporting electric system reliability. This, in conjunction with the retirement of the half a century old Unit 3 coal plant in 2021, puts PSEG and Bridgeport Harbor on track towards a more environmentally sustainable future.
Since its announcement in 2016, a Community Benefits Agreement (CEBA) was put into place to ensure the objectives of Connecticut’s Environmental Justice Act and the city of Bridgeport were met. Furthermore, an average of 700 daily local union jobs were generated during the two-year construction phase. Now, a year after its activation, the successful operation of the plant has contributed to a number of benefits for the city of Bridgeport. In addition to increased energy efficiency and lowering electric costs, Unit 5 has added 485MW of generating capacity to south-western Connecticut which powers up to 500,000 homes. As for the city of Bridgeport’s outlook, Bridgeport Harbor Station Unit 5 has been cited as the source of a 70% increase in grand list growth for the town.
We’d like to again thank everyone who gathered with us on this day exactly a year ago for the official opening of Bridgeport Harbor Station Unit 5. We couldn’t be happier to share that moment with local and state officials, as well as with our community partners. PSEG continues to remain active within the city and has contributed over $1 million to local and regional charities. Thanks to PSEG’s Bridgeport Harbor Station Unit 5, we have not only added resiliency to the power grid, but to the region and city in which we operate.