In addition to our community giving, Pilgrim Nuclear Power Station provides significant economic benefits to and around our hometown of Plymouth, Massachusetts. From taxes to jobs, to contributions and cost savings, we are proud to make such a positive impact on the community.
Pilgrim Nuclear Power Station impacts the greater Plymouth area in the following ways:
Makes a total economic impact on the area of $145 million
Hires more than 600 permanent employees on average
Pays $55 million in annual payroll
Allots $2.6 million to emergency planning
Pays $9.75 million in state and local taxes
Contributes $300,000 to support community event and non-profit organizations
Provides 680 MW to New England's energy grid on average
Serves as a low cost power source that keeps electricity prices down
The Center for Economic Development (CED) in the Department of Landscape Architecture and Regional Planning at the University of Massachusetts Amherst conducted a study on the economic impacts of the Pilgrim Nuclear Power Station. Key highlights include:
You can read the full April 2015 study here.