Public Service Enterprise Group Inc. (N:PEG)

Apr 16, 2024 03:15 pm ET
PSEG Declares Regular Quarterly Dividend for the Second Quarter of 2024
NEWARK, N.J., April 16, 2024 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.60 per share dividend on the outstanding common stock of the company for the second quarter of 2024.
Apr 09, 2024 08:30 am ET
PSEG To Announce First Quarter 2024 Financial Results On April 30
NEWARK, N.J., April 9, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its first quarter 2024 earnings call at 11:00 a.m. ET on Tuesday, April 30, during which management will discuss first quarter financial results, financial guidance, capital investments, regulatory activities, and other important matters.
Feb 26, 2024 06:30 am ET
PSEG ANNOUNCES 2023 RESULTS
$5.13 PER SHARE NET INCOME$3.48 PER SHARE NON-GAAP OPERATING EARNINGS
Feb 13, 2024 11:08 am ET
PSEG Increases 2024 Common Stock Dividend
Indicative Annual Dividend Rate Increases to $2.40 Per Share
Feb 09, 2024 10:48 am ET
PSEG Long Island Urges Customers to Know What to Do if Visited by Someone Dressed as a Utility Worker
PSEG Long Island employees will never insist and in most cases do not need to come inside
Jan 26, 2024 07:30 am ET
PSEG To Announce Fourth Quarter and Full Year 2023 Financial Results On Feb. 26
NEWARK, N.J., Jan. 26, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its fourth quarter and full year 2023 earnings call at 11:00 a.m. ET on Monday, Feb. 26, during which management will discuss fourth quarter and full year financial results, financial guidance, capital investments, regulatory activities, and other important matters.
Jan 24, 2024 03:30 pm ET
PSEG Elects Ricardo G. Pérez to Board of Directors
NEWARK, N.J., Jan. 24, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that Ricardo (Ric) G. Pérez has been elected to its Board of Directors, effective January 22, 2024.
Dec 29, 2023 06:39 am ET
PSE&G Files Scheduled Rate Case, Its First in Nearly 6 Years
PSE&G Prioritizes Affordability while Enhancing Reliability
Dec 19, 2023 03:30 pm ET
PSEG Initiates 2024 Non-GAAP Operating Earnings Guidance
NEWARK, N.J., Dec. 19, 2023 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) has initiated 2024 non-GAAP Operating Earnings guidance in the range of $3.60 to $3.70 per share. The midpoint of the Company's 2024 guidance represents earnings growth of approximately 6% from the midpoint of its 2023 non-GAAP Operating Earnings guidance of $3.40 to $3.50 per share. 
Dec 14, 2023 07:00 am ET
PSE&G is #1 for Residential and Business Customer Satisfaction among Large Electric utilities in the East Region
NEWARK, N.J., Dec. 14, 2023 /PRNewswire/ -- Public Service Electric and Gas Company (PSE&G) once again secured the top spot in the J.D. Power 2023 U.S. Electric Utility Residential Customer Satisfaction Study for electric residential customers in the East among large utilities. This year's achievement marks the second consecutive year PSE&G customers ranked the company in first-place for electric residential, excelling in all six evaluated categories, showcasing the company's commitment to customer satisfaction.
Nov 21, 2023 06:00 am ET
PSEG Declares Regular Quarterly Dividend for the Fourth Quarter of 2023
NEWARK, N.J., Nov. 21, 2023 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.57 per share dividend on the outstanding common stock of the company for the fourth quarter of 2023.
Nov 17, 2023 06:00 am ET
PSEG Launches 2023 Sustainability Report - First Report Released Under Chair, President and CEO Ralph LaRossa
Report highlights company's impact, focus on sustainability, biodiversity and business predictability
Nov 02, 2023 03:48 pm ET
With Winter Heating Season Nearing, PSEG Long Island Customers May Be Eligible for Assistance
Company reminds those struggling with bills that state programs are available
Oct 31, 2023 07:30 am ET
PSEG Announces Third Quarter 2023 Results
$0.27 Per Share Net Income$0.85 Per Share Non-GAAP Operating Earnings
Oct 11, 2023 10:53 am ET
PSE&G Gains Approval to Continue Modernizing Its Gas System
Upgrading pipelines enhances safety and reduces methane emissions
Sep 26, 2023 08:30 am ET
PSEG To Announce Third Quarter 2023 Financial Results On October 31
NEWARK, N.J., Sept. 26, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its third quarter 2023 earnings call at 11:00 a.m. ET on Tuesday, Oct. 31, during which management will discuss third quarter financial results and other important matters.
Sep 21, 2023 08:00 am ET
PSEG Elects Kenneth Y. Tanji to Board of Directors
NEWARK, N.J., Sept. 21, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that Kenneth Y. Tanji has been elected to its Board of Directors, effective September 20, 2023. He also will serve on the audit and finance committees.
Sep 08, 2023 04:06 pm ET
Definitive Healthcare Welcomes Scott Stephenson to Board of Directors
Definitive Healthcare Corp. (Nasdaq: DH), an industry leader in healthcare commercial intelligence, today announced two changes to its Board of Directors. On September 6, 2023, Scott Stephenson, the former Chief Executive Officer of Verisk...
Aug 01, 2023 07:30 am ET
PSEG Announces Second Quarter 2023 Results
 $1.18 Per Share Net Income $0.70 Per Share Non-GAAP Operating Earnings 
Jul 17, 2023 02:17 pm ET
PSEG Declares Regular Quarterly Dividend for Third Quarter of 2023
NEWARK, N.J., July 17, 2023 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.57 per share dividend on the outstanding common stock of the company for the third quarter of 2023.
Jul 11, 2023 10:10 am ET
Donnelly Energy Becomes Cobblestone Creek Country Club's Energy Efficiency Ace on the Fairway
WAYNE, N.J., July 11, 2023 /PRNewswire/ -- Donnelly Energy is excited to announce Cobblestone Creek Country Club has completed its first phase of energy efficiency upgrades through PSE&G's Direct Install, a commercial clean energy program offering incentives for lighting and heating, ventilation, and air conditioning (HVAC) upgrades.
Jul 03, 2023 08:30 am ET
PSEG To Announce Second Quarter 2023 Financial Results On August 1
NEWARK, N.J., July 3, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its second quarter 2023 earnings call at 11:00 a.m. ET on Tuesday, August 1, during which management will discuss second quarter financial results and other important matters.
Jun 21, 2023 08:00 am ET
PSEG Celebrates 120 Years of Powering New Jersey's Past, Present and Future
PSEG Powers Campbell, Marcal Paper, New Jersey Transit, The Okonite Company, the Statue of Liberty and 65% of the State's Electric Vehicles
Jun 21, 2023 08:00 am ET
PSEG Celebrates Its Many Generations of PSEG Employees and Families that Helped Power 120 Years of New Jersey's Past, Present and Future
NEWARK, N.J., June 21, 2023 /PRNewswire/ -- In 2023, PSEG is celebrating 120 years of powering our lives: home, work, family and community. PSEG's long history has embedded the company into the fabric of New Jersey thanks to many generations of hard working, loyal employees who often stay for their entire career, decade after decade.
May 31, 2023 04:30 pm ET
PSEG Completes Sale of its 25% Equity Interest in Ocean Wind 1 to Ørsted N.A.
NEWARK, N.J., May 31, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated today announced that it has completed the sale of its 25% equity interest in the 1,100-megawatt Ocean Wind 1 project to Ørsted North America (Ørsted N.A.). With today's executed agreement, Ørsted N.A. has reimbursed PSEG for all of its cumulative outlays in the Ocean Wind 1 project, and Ørsted N.A. now owns 100% of New Jersey's first offshore wind farm. PSEG has also entered into a limited Transition Services Agreement with Ørsted N.A. to provide Ocean Wind 1 with construction management and environmental
May 02, 2023 07:30 am ET
Apr 18, 2023 10:52 am ET
PSEG Declares Regular Quarterly Dividend for Second Quarter of 2023
NEWARK, N.J., April 18, 2023 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.57 per share dividend on the outstanding common stock of the company for the second quarter of 2023.
Apr 12, 2023 07:30 am ET
PSEG To Announce First-Quarter 2023 Financial Results On May 2
NEWARK, N.J., April 12, 2023 /PRNewswire/ --Public Service Enterprise Group Incorporated (PSEG) will host its first-quarter 2023 earnings call at 11:00 a.m. ET on Tuesday, May 2, during which management will discuss first-quarter financial results and other important matters.
Apr 11, 2023 08:15 am ET
PSEG Names Charles McFeaters to Succeed Eric Carr as PSEG Nuclear President and Chief Nuclear Officer
NEWARK, N.J., April 11, 2023 /PRNewswire/ -- PSEG has announced that Eric Carr, PSEG Nuclear president and chief nuclear officer, has accepted a position outside of the company and will be leaving PSEG, effective May 19, 2023. Charles "Chaz" McFeaters, PSEG senior vice president Nuclear Operations, will succeed Carr as PSEG Nuclear president and chief nuclear officer.
Mar 09, 2023 03:49 pm ET
PSEG 2023 Investor Conference Highlights Improved Business Mix and Platform for Predictable Growth
PSE&G Outlines Capital Investment Program Focused on Infrastructure Modernization and Decarbonization;
Feb 24, 2023 07:00 am ET
PSEG 2023 Investor Conference to be Held on March 10
NEWARK, N.J., Feb. 24, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its 2023 investor conference from 9 a.m. to 12 noon on March 10, 2023.
Jan 27, 2023 06:30 am ET
PSEG To Announce Fourth-Quarter and Full Year 2022 Financial Results On Feb. 21
NEWARK, N.J., Jan. 27, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its fourth-quarter and full year 2022 earnings call at 11:00 a.m. ET on Tuesday, Feb. 21, during which management will discuss fourth-quarter and full year financial results and other important matters.
Jan 18, 2023 06:30 am ET
PSEG to Sell its 25% Equity Stake in Ocean Wind 1 to Ørsted
PSEG will continue to support Ocean Wind 1, and New Jersey offshore wind
Jan 11, 2023 01:36 pm ET
Dec 21, 2022 07:00 am ET
Dec 14, 2022 07:00 am ET
PSE&G: Two First Place J.D. Power Rankings in 2022
Customers ranked PSE&G First in the East among Large Utilities for Both Gas and Electric Utility Residential Customer Satisfaction Studies according to the J.D. Power 2022 Studies
Dec 09, 2022 01:11 pm ET
Ralph Izzo Wins 2022 Platts Global Energy Lifetime Achievement Award
Award Highlights Izzo's Visionary Industry Leadership
Nov 14, 2022 12:33 pm ET
PSEG DECLARES REGULAR QUARTERLY DIVIDEND FOR FOURTH QUARTER OF 2022
NEWARK, N.J., Nov. 14, 2022 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.54 per share dividend on the outstanding common stock of the company for the fourth quarter of 2022.
Nov 14, 2022 11:40 am ET
PSE&G’s Harvey Switching Station Honors Fallen Hero
NORTHAMPTON, MA / ACCESSWIRE / November 14, 2022 / Public Service Enterprise Group (PSEG):
Nov 10, 2022 11:55 am ET
Emergency Planning Tips for Loved Ones With Special Needs
NORTHAMPTON, MA / ACCESSWIRE / November 10, 2022 / Public Service Enterprise Group (PSEG)
Nov 09, 2022 05:42 pm ET
PSEG TO PARTICIPATE IN 2022 EEI FINANCIAL CONFERENCE
NEWARK, Del., Nov. 9, 2022 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) CEO Ralph LaRossa and CFO Dan Cregg will meet with investors from Sunday, November 13 through Tuesday, November 15, 2022 during the 2022 EEI Financial Conference. Meeting materials will be posted Friday, November 11 to PSEG's Investor Relations website at https://investor.pseg.com and will include PSEG's 2023 non-GAAP Operating Earnings guidance and guidance regarding PSEG's longer-term non-GAAP Operating Earnings compound annual growth rate (CAGR).
Nov 09, 2022 02:25 pm ET
Lessons From U.S. Marine Corps
NORTHAMPTON, MA / ACCESSWIRE / November 9, 2022 /Public Service Enterprise Group (PSEG)
Nov 02, 2022 09:45 am ET
Plainfield Gas Team Recognized for Responding to Severe Gas Leak
NORTHAMPTON, MA / ACCESSWIRE / November 2, 2022 / One morning last month, Plainfield Service Specialist Philip Pachiolo was completing paperwork from his first job of the day when a call came in reporting a gas leak emergency at a home in Warren.
Oct 31, 2022 07:30 am ET
PSEG ANNOUNCES 2022 THIRD QUARTER RESULTS
NET INCOME OF $0.22 PER SHARE
Oct 28, 2022 01:50 pm ET
Superstorm Learning Curve
NORTHAMPTON, MA / ACCESSWIRE / October 28, 2022 / I began my career at PSEG on Oct. 1, 2012. Little did I know that less than a month later, I would live through an experience that would change the company, the state and the industry. I joined the State Government Affairs team as state energy policy manager and was going through the usual onboarding of a new hire - everything from the procedural (time entry, benefits, meeting everyone on the team), to the substantive (what are the key energy policy issues facing the state, how we advocate PSEG's important role with our externa
Oct 19, 2022 10:10 am ET
KABOOM! and PSEG Build Perth Amboy Kids Dream Playground
NORTHAMPTON, MA / ACCESSWIRE / October 19, 2022 / As part of a nationwide effort by KABOOM! to end play space inequity, PSEG employee volunteers constructed a kid-designed playground to ensure children have a safe, inclusive place to play. The project was designed to combat the reality that places to play are not available to every child, especially in underserved communities.
Oct 12, 2022 07:30 am ET
PSEG To Announce Third-Quarter 2022 Financial Results On Oct. 31
NEWARK, N.J., Oct. 12, 2022 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its third-quarter 2022 earnings call at 11:00 a.m. ET on Monday, Oct. 31, during which management will discuss third-quarter financial results and other important matters.
Oct 11, 2022 12:55 pm ET
Ralph LaRossa Honored by American Gas Association
NEWARK, NJ / ACCESSWIRE / October 11, 2022 / The AGA has announced that PSEG President and CEO Ralph LaRossa has received their 2022 Distinguished Service Award, presented today during the AGA Executive Conference. The honor recognizes visionary leaders who enhance customers' lives through dedication to their industry and communities.
Oct 10, 2022 04:52 pm ET
Ralph LaRossa Honored by American Gas Association
PSEG President and CEO recognized for vision
Oct 10, 2022 09:10 am ET
Will the Storm Hit? Life During and After Superstorm Sandy
NORTHAMPTON, MA / ACCESSWIRE / October 10, 2022 / Right before Superstorm Sandy hit the state of New Jersey, I remember getting a call from my wife Valerie. "Will this storm hit us?" she asked, nervous and 6 months pregnant with our twin sons.
Sep 01, 2022 08:15 am ET
PSEG Announces Ralph LaRossa as President and CEO
Ralph Izzo Transitions to Executive Chair of the PSEG Board of Directors
Aug 02, 2022 07:30 am ET
PSEG ANNOUNCES 2022 SECOND QUARTER RESULTS
NET INCOME OF $0.26 PER SHARE
Jul 19, 2022 11:45 am ET
PSEG DECLARES REGULAR QUARTERLY DIVIDEND FOR THIRD QUARTER OF 2022
NEWARK, N.J., July 19, 2022  /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.54 per share dividend on the outstanding common stock of the company for the third quarter of 2022.
Jun 29, 2022 11:14 am ET
PSE&G Gains Approval to Fast Track Grid Modernization Efforts
Investments to Provide Customers With Better Reliability
Jun 08, 2022 01:00 pm ET
PSEG Long Island Is Prepared for Summer 2022
UNIONDALE, N.Y., June 8, 2022 /PRNewswire/ -- As the approaching 10th anniversary of Superstorm Sandy reminds us of the effects weather can have on the electric system, PSEG Long Island is announcing that it is prepared for hurricane season and to meet peak demand during extreme heat situations this summer. The company's ongoing electric infrastructure and storm hardening improvements help provide electric reliability to Long Island and the Rockaways throughout the year.
May 03, 2022 07:30 am ET
PSEG ANNOUNCES 2022 FIRST QUARTER RESULTS
NET LOSS OF <$0.01 PER SHARE DRIVEN BY MARK TO MARKET ADJUSTMENTS
Apr 27, 2022 04:19 pm ET
The PSEG Foundation Joins New Jersey Hall of Fame as a Partner
NEWARK, N.J., April 27, 2022 /PRNewswire/ -- PSEG and The PSEG Foundation have joined the New Jersey Hall of Fame (NJHOF) as a partner, helping tell the story of New Jersey's greatness throughout the Garden State.
Apr 19, 2022 04:30 pm ET
Dr. Shirley Ann Jackson to Retire From PSEG Board of Directors
PSEG Elects Susan Tomasky as Lead Director; Adds New Board Seat; Elects Jamie Gentoso, Valerie Smith to Board
Apr 19, 2022 10:30 am ET
PSEG DECLARES REGULAR QUARTERLY DIVIDEND FOR SECOND QUARTER OF 2022
NEWARK, N.J., April 19, 2022 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.54 per share dividend on the outstanding common stock of the company for the second quarter of 2022.
Apr 19, 2022 08:30 am ET
PSEG's Chairman, President and CEO Ralph Izzo Announces Plans to Retire at End of 2022
PSEG Board of Directors Elects PSEG COO Ralph LaRossa next President & CEO
Apr 07, 2022 08:00 am ET
PSEG Foundation Supports More Than 200 Nonprofit Organizations Tackling Environmental Sustainability, Social Justice, Equity and Economic Empowerment
NEWARK, N.J., April 7, 2022 /PRNewswire/ -- The PSEG Foundation is pleased to announce its new strategic pillars of environmental sustainability, social justice, and equity and economic empowerment. The PSEG Foundation funds grants to more than 200 nonprofit organizations that have an impact in communities in New Jersey and Long Island, N.Y. Over the past five years, the PSEG Foundation has awarded more than $40 million in grants through various programs including strategic partnerships, the Neighborhood Partners Program and a robust employee matching gift program to help organizations that
Apr 06, 2022 01:30 pm ET
PSE&G Trains Workers for Clean Energy Jobs
Utility Aims to Prepare 2,000 People from Underserved Communities for Careers in Energy
Feb 28, 2022 06:30 am ET
PSEG Announces Vision and Mission, Continues Strong Course for a Sustainable, Equitable, Clean Energy Future
NEWARK, N.J., Feb. 28, 2022 /PRNewswire/ -- PSEG today announced its vision and mission to continue to tackle the 21st century challenges of extreme and damaging weather, protecting the environment and taking action toward a clean, electrified and sustainable economy where all people thrive – Powering Progress. For over 100 years, PSEG employees have brought power to the doors of millions of people, applying science, innovation and engineering to improve lives. PSEG's vision and mission build on this legacy of public service to prepare us for the next 100 years.
Feb 24, 2022 06:30 am ET
PSEG ANNOUNCES 2021 RESULTS
NEWARK, N.J., Feb. 24, 2022 /PRNewswire/ -- Public Service Enterprise Group (PSEG) reported a 2021 Net Loss of $648 million, or $1.29 per share, compared to Net Income of $1,905 million, or $3.76 per share for 2020.  Non-GAAP Operating Earnings for 2021 were $1,853 million, or $3.65 per share, compared to $1,741 million, or $3.43 per share for 2020. 
Feb 23, 2022 01:13 pm ET
PSEG Closes on Sale of New York and Connecticut Generating Assets to Complete Sale of PSEG Fossil Portfolio to Affiliates of ArcLight Capital Partners
NEWARK, N.J., Feb. 23, 2022 /PRNewswire/ -- Public Service Enterprise Group (PSEG) today completed the sale of its fossil generating assets in New York and Connecticut to subsidiaries of ArcLight Energy Partners Fund VII, L.P., a fund controlled by ArcLight Capital Partners, LLC. With this sale, PSEG has completed the sale of its 6,750-megawatt PSEG Fossil portfolio of 13 fossil generation units in New Jersey, Connecticut, Maryland and New York.
Feb 18, 2022 08:45 am ET
PSEG Completes Sale of New Jersey and Maryland Fossil Generating Assets to ArcLight Capital Partners
NEWARK, N.J., Feb. 18, 2022 /PRNewswire/ -- Public Service Enterprise Goup (PSEG) completed the previously announced sale of PSEG Fossil's generating assets located in New Jersey and Maryland to a subsidiary of ArcLight Energy Partners Fund VII, L.P., a fund controlled by ArcLight Capital Partners, LLC. Completion of the sale of the New Jersey and Maryland assets concludes one of the two transactions that together comprise the sale of PSEG Fossil's 6,750-megawatt portfolio of 13 fossil generation units in New Jersey, Connecticut, Maryland and New York.
Feb 15, 2022 11:05 am ET
PSEG INCREASES COMMON STOCK DIVIDEND
NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a quarterly common stock dividend for the first quarter of 2022 of $0.54 per share payable on March 31, 2022 to shareholders of record on March 10, 2022. This action, which was announced during PSEG's September Investor Conference, represents a $0.03 per share, or 5.9% increase in the company's quarterly common stock dividend and brings the indicative annual dividend rate to $2.16 per share.
Feb 10, 2022 07:00 am ET
PSEG Joins Energy Impact Partners' Funds to Drive Decarbonization and Clean Energy Innovation
NEWARK, N.J., Feb. 10, 2022 /PRNewswire/ -- Public Service Enterprise Group (PSEG) announced today it has committed $35 million to funds managed by Energy Impact Partners (EIP). EIP, a global venture capital firm, and its funds target early-stage, innovative technologies aimed at combatting climate change. In addition to supporting financial returns, PSEG's investment aims to help accelerate the transition to net-zero greenhouse gas (GHG) emissions and a clean energy future while enhancing our own insights and strategies.
Jan 26, 2022 07:00 am ET
PSEG Included in 2022 Bloomberg Gender-Equality Index
NEWARK, N.J., Jan. 26, 2022 /PRNewswire/ -- PSEG is proud to announce that it is one of 418 companies in the 2022 Bloomberg Gender-Equality Index (GEI). The Bloomberg GEI is a modified market capitalization-weighted index that aims to track the performance of public companies committed to transparency in gender data reporting. This reference index measures gender equality across five pillars: female leadership & talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies, and pro-women brand.
Jan 11, 2022 08:00 am ET
PSEG NAMED ONE OF AMERICA'S MOST JUST COMPANIES BY JUST CAPITAL AND MEDIA PARTNER CNBC
NEWARK, N.J., Jan. 11, 2022 /PRNewswire/ -- JUST Capital, along with its media partner CNBC, today released the annual JUST 100, a wide-ranging ranking of ESG and stakeholder performance. PSEG was named one of America's Most JUST Companies and was recognized for its commitment to serving its customers, workforce, communities, the environment and shareholders.
Jan 11, 2022 05:00 am ET
WAYNE-BASED ENERGY EFFICIENCY FIRM AWARDED PSE&G PROGRAM CONTRACT
WAYNE, N.J., Jan. 11, 2022 /PRNewswire/ -- Donnelly Energy is excited to announce that they have been awarded a contract for the Direct Install Program offered by Public Service Electric and Gas (PSE&G), New Jersey's oldest and largest utility, valid through 2023. 
Dec 13, 2021 01:00 pm ET
PSEG Long Island President and COO Daniel Eichhorn to Retire in 2022
NEWARK, N.J., Dec. 13, 2021 /PRNewswire/ -- Public Service Enterprise Group (PSEG) announced today that PSEG Long Island President and Chief Operating Officer (COO) Daniel Eichhorn will retire in 2022. Eichhorn will continue in his current role until a successor is named to ensure a smooth transition and a continued utmost commitment to customer service on Long Island.
Dec 13, 2021 07:00 am ET
PSEG Launches New Diversity, Equity & Inclusion Report, Showcases Initiatives that Drive Workplace Change and Create Readiness for Workforce of the Future
NEWARK, N.J., Dec. 13, 2021  /PRNewswire/ -- Today, PSEG reinforced its commitment to support stakeholders confront bias and promote equity with the launch of its first-ever Diversity, Equity & Inclusion (DEI) report. The report highlights the company's Inclusion for All strategy, as well as its progress toward building a culture that respects and celebrates the diversity of its workforce; recruiting, developing and retaining diverse talent; and being a positive force for the many unique communities it serves.
Dec 07, 2021 01:51 pm ET
PSE&G Joins National Electric Highway Coalition
NEWARK, N.J., Dec. 7, 2021 /PRNewswire/ -- PSE&G is joining with other leading utilities in the newly launched National Electric Highway Coalition, to support development of a national network of electric vehicle chargers.
Nov 23, 2021 07:00 am ET
PSEG Named To Dow Jones Sustainability Index for 14th Consecutive Year
NEWARK, N.J., Nov. 23, 2021 /PRNewswire/ -- Public Service Enterprise Group has been named to the Dow Jones Sustainability Index for North America for the 14th consecutive year – recognizing PSEG's commitment to sustainable and ethical practices and long track record of achievement across environmental, social and governance (ESG) criteria.
Nov 16, 2021 12:24 pm ET
PSEG Declares Regular Quarterly Dividend For Fourth Quarter Of 2021
NEWARK, N.J., Nov. 16, 2021 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.51 per share dividend on the outstanding common stock of the company for the fourth quarter of 2021.
Nov 05, 2021 08:00 am ET
PSEG CEO Ralph Izzo Attends COP26, Calls for Urgent Action on Climate
NEWARK, N.J., Nov. 5, 2021 /PRNewswire/ -- PSEG Chairman, President and CEO Ralph Izzo is traveling to Glasgow, Scotland, to attend the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26), where he will call for urgent action to address climate change.
Nov 02, 2021 07:30 am ET
PSEG Announces 2021 Third Quarter Results
NEWARK, N.J., Nov. 2, 2021 /PRNewswire/ --  Public Service Enterprise Group (NYSE: PEG) reported a Net Loss for the third quarter of 2021 of $1,564 million, or $3.10 per share, compared to Net Income of $575 million, or $1.14 per share, in the third quarter of 2020.  Non-GAAP Operating Earnings for the third quarter of 2021 were $495 million, or $0.98 per share, compared to non-GAAP Operating Earnings for the third quarter of 2020 of $488 million, or $0.96 per share.  Non-GAAP results for the third quarter exclude items shown in Attachments 8 and 9.  As previously noted, in connection with t
Oct 28, 2021 08:00 am ET
PSEG and Ørsted Support New Jersey's Clean Energy Future with Strategic Offshore Wind Transmission Proposals
NEWARK, N.J., Oct. 28, 2021 /PRNewswire/ -- PSEG and Ørsted today announce that the companies have submitted several joint proposals for offshore wind transmission that support New Jersey's ambitious clean energy goals. Submitted into the PJM State Agreement Approach Proposal Window, the joint proposals are collectively named Coastal Wind Link and are designed to deliver thousands of megawatts of offshore wind energy into New Jersey, drawing from PSEG's extensive transmission experience and Ørsted's expertise in offshore wind energy.
Oct 25, 2021 10:00 am ET
PSE&G Offers Customers Resources and Options to Get Caught up on Bills
NEWARK, N.J., Oct. 25, 2021 /PRNewswire/ -- Recognizing the financial difficulties the pandemic has caused, PSE&G continues its effort to educate and support its customers through the pandemic recovery (pseg.com/HelpNow). PSE&G wants customers to know:
Oct 19, 2021 10:00 am ET
PSEG Long Island Encourages Customers in Arrears to Apply for Up to $10,000 in State Assistance
UNIONDALE, N.Y., Oct. 19, 2021 /PRNewswire/ -- PSEG Long Island encourages customers struggling with their utility bills to take advantage of a limited-time New York State program that provides eligible households with up to $10,000 to cover outstanding balances.
Oct 15, 2021 08:00 am ET
PSEG Joins UN 'Race to Zero' Initiative, Commits to Setting Science-Based Emissions Reduction Targets
NEWARK, N.J., Oct. 15, 2021 /PRNewswire/ -- PSEG announced today that it has joined the Business Ambition for 1.5°C and the Race to Zero campaigns and commits to developing science-based targets. The Race to Zero and Business Ambition for 1.5°C campaigns are designed to help mobilize support from businesses, cities, regions and investors for a healthy and resilient zero-carbon economy in line with global efforts to limit warming to 1.5°C.
Sep 27, 2021 08:30 am ET
PSEG 2021 Investor Conference Features 90% Regulated Business Mix and Leading ESG Position
NEWARK, N.J., Sept. 27, 2021 /PRNewswire/ -- PSEG today held its 2021 Investor Conference to provide the investment community with a strategic and financial review and outlook. 
Sep 08, 2021 08:56 am ET
PSEG Announces Redemption of All Outstanding PSEG Power Senior Notes
NEWARK, N.J., Sept. 8, 2021 /PRNewswire/ -- PSEG (NYSE: PEG) announced today that it will redeem all remaining outstanding Senior Notes of PSEG Power totaling approximately $1.35 billion. This includes $700 million in aggregate principal amount of 3.850% Senior Notes due 2023, $250 million in aggregate principal amount of 4.30% Senior Notes due 2023, and approximately $404.3 million in aggregate principal amount of 8.625% Senior Notes due 2031 on Oct. 8, 2021 (collectively, the "Notes"). Following redemption of the Notes, PSEG Power will no longer have any bonds outstanding.
Aug 12, 2021 08:55 am ET
PSEG Agrees to Sell PSEG Fossil Generating Portfolio to ArcLight Capital
NEWARK, N.J., Aug. 12, 2021 /PRNewswire/ -- Public Service Enterprise Group (PSEG) has entered into an agreement to sell its 6,750-megawatt fossil generating portfolio to newly formed subsidiaries of ArcLight Energy Partners Fund VII, L.P., a fund controlled by ArcLight Capital Partners, LLC for aggregate consideration of approximately $1.92 billion, subject to customary adjustments, and is expected to be completed late in the fourth quarter of 2021 or the first quarter of 2022.
Aug 03, 2021 07:30 am ET
PSEG Announces 2021 Second Quarter Results
NEWARK, N.J., Aug. 3, 2021 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported a Net Loss for the second quarter of 2021 of $177 million, or $0.35 per share, compared to Net Income of $451 million, or $0.89 per share, in the second quarter of 2020.  Non-GAAP Operating Earnings for the second quarter of 2021 were $356 million, or $0.70 per share, compared to non-GAAP Operating Earnings for the second quarter of 2020 of $404 million, or $0.79 per share.  Non-GAAP results for the second quarter exclude items shown in Attachments 8 and 9.  For the second quarter of 2021, PSEG Po
Jul 20, 2021 11:03 am ET
PSEG Declares Regular Quarterly Dividend For Third Quarter Of 2021
NEWARK, N.J., July 20, 2021 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.51 per share dividend on the outstanding common stock of the company for the third quarter of 2021.
Jul 14, 2021 03:00 pm ET
PSE&G Reaches Agreement to Lower Transmission Rates; Will File Agreement With FERC; Electric Customers to Save Approximately $140 Million a Year
NEWARK, N.J., July 14, 2021 /PRNewswire/ -- PSE&G executed an agreement today with the New Jersey Board of Public Utilities and New Jersey Division of Rate Counsel related to its transmission rates that would save the typical electric residential customer about 3% on their bill, or approximately $3 per month. If approved by the Federal Energy Regulatory Commission, the agreement would reset the base return on equity for PSE&G's transmission formula rate at 9.9%, reduced from 11.18%. Combined with other elements of the settlement, PSE&G's transmission revenues would be lowered by
Jul 09, 2021 09:45 am ET
PSE&G Names Deborah Affonsa New Chief Customer Officer
NEWARK, N.J., July 9, 2021 /PRNewswire/ -- Public Service Electric & Gas Co. (PSE&G) has named Deborah Affonsa to the newly established role of vice president and Chief Customer Officer, effective Monday, July 12. This new position reflects the evolving policies, lifestyles and technologies that are driving the customer experience, and recognizes today's demands and opportunities in meeting the needs of PSE&G's 2.5 million customers.
Jun 29, 2021 04:30 pm ET
PSEG Completes Sale of Solar Source Portfolio to Affiliate of LS Power
NEWARK, N.J., June 29, 2021 /PRNewswire/ -- Public Service Enterprise Group Inc. (PSEG) today announced that it has completed the sale of its PSEG Solar Source LLC portfolio to Quattro Solar LLC, an affiliate of LS Power. The sale includes the 467-megawatt-dc Solar Source portfolio of 25 solar facilities located in 14 states and related assets and liabilities.
Jun 24, 2021 07:40 am ET
PSEG Accelerates its Net-Zero Climate Vision to 2030
NEWARK, N.J., June 24, 2021 /PRNewswire/ -- PSEG today accelerates its net-zero ambitions by launching a three-pronged 2030 climate vision that extends across its business. The PSEG climate vision marks one of the first and most aggressive net-zero 2030 visions set by a large utility and power generator and comprises three pillars:
Feb 26, 2021 06:30 am ET
PSEG Announces 2020 Results
NEWARK, N.J., Feb. 26, 2021 /PRNewswire/ -- Public Service Enterprise Group (PSEG) reported 2020 Net Income of $1,905 million, or $3.76 per share, compared to Net Income of $1,693 million, or $3.33 per share for 2019. Non-GAAP Operating Earnings for 2020 were $1,741 million, or $3.43 per share, compared to $1,666 million, or $3.28 per share for 2019. Non-GAAP Operating Earnings for the full-year 2020 exclude items shown in Attachments 8 and 9. 
Feb 17, 2021 07:00 am ET
PSEG Announces Retirement of Joe Forline, Vice President of Gas Operations, PSE&G
NEWARK, N.J., Feb. 17, 2021 /PRNewswire/ -- PSEG announced today that Joe Forline, vice president of Gas Operations, plans to retire from PSE&G on March 5 and has accepted a position at Pacific Gas & Electric. Brian Clark, senior vice president of Fossil Operations, PSEG Power, will replace Forline and will lead Gas Operations. Clark's role will become effective once PSEG's Strategic Alternatives process has concluded, which is anticipated by the end of 2021.
Feb 16, 2021 10:32 am ET
PSEG Increases Common Stock Dividend
NEWARK, N.J., Feb. 16, 2021 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a quarterly common stock dividend for the first quarter of 2021 of $0.51 per share payable on March 31, 2021 to shareholders of record on March 9, 2021. This action represents a $0.02 per share, or 4.1% increase in the company's quarterly common stock dividend and brings the indicative annual dividend rate to $2.04 per share.
Jan 19, 2021 06:39 am ET
PSEG Launches Its First ESG Performance Report
NEWARK, N.J., Jan. 19, 2021 /PRNewswire/ -- Public Service Enterprise Group (PSEG) launched its first-ever PSEG ESG Performance Report today as part of its ongoing efforts to increase disclosures and transparency, and help make the company's data clearer and easier for the public to find and understand. Included in the report are a number of new ESG (environmental, social and governance) metrics and disclosures, as well as the company's progress toward existing goals, including:  
Jan 07, 2021 01:30 pm ET
PSEG Long Island Energizes New Transmission Line in Nassau
UNIONDALE, N.Y., Jan. 7, 2021 /PRNewswire/ -- PSEG Long Island today announced it has completed construction of a new 7.3-mile underground transmission line that increases the reliability and resiliency of the electric system in western Nassau County. The line, known as the Western Nassau Transmission Project, was put into service in December 2020, meeting regulatory deadlines and coming in significantly under budget.
Dec 08, 2020 06:30 am ET
PSEG Announces Early Tender Results and Amendments to Exchange Offer and Related Consent Solicitation
NEWARK, N.J., Dec. 8, 2020 /PRNewswire/ -- Public Service Enterprise Group Incorporated (NYSE: PEG) ("PSEG") announced today that as of 5:00 p.m., New York City time, on December 7, 2020 (the "Early Tender Deadline"), approximately $95,264,000 in aggregate principal amount of the 8 5/8% Senior Notes due 2031 of PSEG Power LLC ("PSEG Power") (such notes, the "Power Notes"), representing approximately 19.05% of the total outstanding principal amount of the Power Notes, had been validly tendered and not validly withdrawn in connection with its previously announced private exchange offer (the "E
Dec 04, 2020 07:00 am ET
PSEG to Acquire 25% Ownership Interest in Ocean Wind, New Jersey's First Offshore Wind Farm
NEWARK, N.J., Dec. 4, 2020 /PRNewswire/ -- Public Service Enterprise Group (PSEG) today announced it has entered into a definitive agreement with Ørsted North America (Ørsted) to acquire a 25% interest in the 1,100-megawatt Ocean Wind project. This alliance, combining Ørsted's global expertise in offshore wind with PSEG's state and regional experience executing complex energy infrastructure projects and power market knowledge, will benefit New Jersey's development of an offshore wind supply chain, job creation efforts and environmental stewardship.
Nov 23, 2020 07:45 am ET
PSEG Commences Private Exchange Offer and Consent Solicitation for 8 5/8% Senior Notes of PSEG Power LLC
NEWARK, N.J., Nov. 23, 2020 /PRNewswire/ -- Public Service Enterprise Group Incorporated (NYSE:  PEG) ("PSEG") announced today that it is commencing a private exchange offer (the "Exchange Offer") and related consent solicitation (the "Consent Solicitation") with respect to the 8 5/8% senior notes due 2031 of PSEG Power LLC (PSEG Power LLC, "PSEG Power" and such notes, the "Power Notes").
Nov 18, 2020 10:00 am ET
PSEG Named To Dow Jones Sustainability Index for 13th Consecutive Year
NEWARK, N.J., Nov. 18, 2020 /PRNewswire/ -- Public Service Enterprise Group (PSEG) has been included on the Dow Jones Sustainability Index (DJSI) for North America for the 13th year in a row. PSEG has a long commitment to sustainable and ethical practices and achievements across environmental, social and governance (ESG) criteria. Being named to the DJSI list is further recognition of the company's ongoing accomplishments on behalf of its customers, communities and employees.
Nov 17, 2020 08:09 am ET
PSEG Declares Regular Quarterly Dividend For Fourth Quarter Of 2020
NEWARK, N.J., Nov. 17, 2020 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.49 per share dividend on the outstanding common stock of the company for the fourth quarter of 2020.
Nov 16, 2020 02:17 pm ET
PSEG Long Island Continues to Raise Awareness During Utility Scam Awareness Week
UNIONDALE, N.Y., Nov. 16, 2020 /PRNewswire/ -- PSEG Long Island will join Utilities United Against Scams (UUAS) to recognize the fifth annual Utility Scam Awareness Week Nov. 16 -20. National Scam Awareness Week is an advocacy and awareness campaign focused on educating customers and exposing the tactics used by scammers.
Oct 30, 2020 07:30 am ET
PSEG Announces 2020 Third Quarter Results
NEWARK, N.J., Oct. 30, 2020 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported Net Income for the third quarter of 2020 of $575 million, or $1.14 per share, compared to Net Income of $403 million, or $0.79 per share, in the third quarter of 2019.  Non-GAAP Operating Earnings for the third quarter of 2020 were $488 million, or $0.96 per share, compared to non-GAAP Operating Earnings for the third quarter of 2019 of $495 million, or $0.98 per share.  Non-GAAP results for the third quarter exclude items shown in Attachments 8 and 9.
Oct 15, 2020 07:45 am ET
PSEG Nuclear's Salem Unit 1 Conducts Planned Refueling and Maintenance Outage
LOWER ALLOWAYS CREEK, N.J., Oct. 15, 2020 /PRNewswire/ -- PSEG Nuclear's Salem Unit 1 entered its planned refueling and maintenance outage on Oct. 3, 2020, when operators safely removed the unit from the regional power grid. Salem 1 is one of three nuclear units operated by PSEG in Salem County, New Jersey. Collectively, the three nuclear units produce roughly 40% of the state's electricity and more than 90% of its carbon-free energy, making them a critical pillar of New Jersey's clean energy ambitions to achieve net-zero by 2050. A refueling and maintenance outage is a multi-week, comprehen
Jul 31, 2020 07:30 am ET
PSEG Announces 2020 Second Quarter Results
NEWARK, N.J., July 31, 2020 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported Net Income for the second quarter of 2020 of $451 million, or $0.89 per share, compared to Net Income of $153 million, or $0.30 per share, in the second quarter of 2019.  Non-GAAP Operating Earnings for the second quarter of 2020 were $404 million, or $0.79 per share, compared to non-GAAP Operating Earnings for the second quarter of 2019 of $294 million, or $0.58 per share.  Non-GAAP results for the second quarter exclude items shown in Attachments 8 and 9.
Jul 31, 2020 07:15 am ET
PSEG To Explore Strategic Alternatives For PSEG Power's Non-Nuclear Fleet
NEWARK, N.J., July 31, 2020 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) announced today that it is exploring strategic alternatives for PSEG Power's non-nuclear generating fleet, which includes more than 6,750 megawatts of fossil generation located in New Jersey, Connecticut, New York and Maryland, as well as the 467-megawatt Solar Source portfolio located in various states.  PSEG Chairman, President and CEO Ralph Izzo, said, "Our intent is to accelerate the transformation of PSEG into a primarily regulated electric and gas utility -- a plan we have been executing successfull
Jul 21, 2020 09:47 am ET
PSEG Declares Regular Quarterly Dividend For Third Quarter Of 2020
NEWARK, N.J., July 21, 2020 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.49 per share dividend on the outstanding common stock of the company for the third quarter of 2020.
Jun 19, 2020 12:36 pm ET
PSEG and the PSEG Foundation Announce $1 Million Commitment to Fight Racial Injustice, Inequity
NEWARK, N.J., June 19, 2020 /PRNewswire/ -- PSEG and the PSEG Foundation announced today the launch of the Powering Equity and Social Justice initiative and a $1 million commitment to support organizations that address the racial injustice, inequality and human rights in communities of color. The Powering Equity and Social Justice initiative will provide philanthropic support to organizations in New Jersey, New York and anywhere PSEG operates.
May 04, 2020 07:30 am ET
PSEG Announces 2020 First Quarter Results
NEWARK, N.J., May 4, 2020 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported Net Income for the first quarter of 2020 of $448 million, or $0.88 per share as compared to Net Income of $700 million, or $1.38 per share, in the first quarter of 2019.  Non-GAAP Operating Earnings for the first quarter of 2020 were $520 million, or $1.03 per share, compared to non-GAAP Operating Earnings for the first quarter of 2019 of $547 million, or $1.08 per share. Non-GAAP results for the first quarter exclude items shown in Attachments 7 and 8. 
Apr 21, 2020 09:57 am ET
PSEG Declares Regular Quarterly Dividend For Second Quarter Of 2020
NEWARK, N.J., April 21, 2020 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.49 per share dividend on the outstanding common stock of the company for the second quarter of 2020.
Apr 20, 2020 08:00 am ET
PSEG Launches Inaugural Climate Report, Follows TCFD Framework
NEWARK, N.J., April 20, 2020 /PRNewswire/ -- Public Service Enterprise Group (PSEG) today released its inaugural Climate Report detailing how it is preparing for the opportunities and risks associated with climate change and supporting New Jersey and the region to achieve a sustainable future. PSEG committed to producing the report consistent with the framework of the Task Force on Climate-Related Financial Disclosures (TCFD), which provides guidance on the voluntary assessment and disclosure of climate risk and facilitates reporting of environmental, social and governance (ESG) disclosures.
Apr 14, 2020 03:30 pm ET
PSEG Foundation Commits $2.5 Million to Support Medical, Social and Economic Needs of New Jersey Communities Amid Devastating COVID-19 Pandemic
NEWARK, N.J., April 14, 2020 /PRNewswire/ -- The PSEG Foundation announced it has committed $2.5 million in response to the COVID-19 pandemic that is devastating many of our communities. Our first and signature initiative is a $1 million donation to the NJ Pandemic Relief Fund, whose purpose is to provide support for the health care community, as well as for vulnerable age and socioeconomic groups and businesses all facing an array of challenges ranging from food insecurity to displaced workers to homelessness.
Apr 13, 2020 08:00 am ET
PSEG Nuclear's Salem Unit 2 Conducts Planned Refueling and Maintenance Outage
LOWER ALLOWAYS CREEK, N.J., April 13, 2020 /PRNewswire/ -- PSEG Nuclear's Salem Unit 2 entered its planned refueling and maintenance outage on April 11, 2020, when operators safely removed the unit from the regional power grid. Salem 2 is one of three nuclear units operated by PSEG in Salem County, New Jersey. Collectively, the three nuclear units produce roughly 40% of the state's electricity and more than 90% of its carbon-free energy. A refueling and maintenance outage is a multi-week, comprehensive procedure during which thousands of inspections, surveillances and maintenance activities
Apr 07, 2020 04:15 pm ET
PSEG to Host Virtual Annual Meeting of Stockholders
NEWARK, N.J., April 7, 2020 /PRNewswire/ -- Public Service Enterprise Group today announced that, due to the public health impact of the coronavirus (COVID-19) outbreak and to support the health and well-being of its stockholders and other meeting participants, the Annual Meeting of Stockholders of PSEG will be held as a virtual meeting only. 
Mar 24, 2020 02:35 pm ET
PSEG Donates 50,000 N95 Masks to Aid Response by Health Care and First Responders During COVID-19 Pandemic
NEWARK, N.J., March 24, 2020 /PRNewswire/ -- PSEG announced today that it is donating more than 50,000 N95 respirator masks to one of New Jersey's largest health care systems in an effort to help the medical community meet its increased need for protective equipment amid the COVID-19 pandemic.
Mar 21, 2020 02:30 pm ET
PSEG Long Island and PSEG Foundation Support Island Harvest Food Bank Efforts to Reduce Food Insecurity During COVID-19 Outbreak
UNIONDALE, N.Y., March 21, 2020 /PRNewswire/ -- PSEG Long Island and the PSEG Foundation are supporting the Island Harvest Food Bank in its response to critical community needs throughout Long Island as a result of the COVID-19 outbreak.
Mar 21, 2020 02:00 pm ET
PSEG Foundation Supports the Community FoodBank of NJ's Efforts to Reduce Food Insecurity During COVID-19 Outbreak
NEWARK, N.J., March 21, 2020 /PRNewswire/ -- The PSEG Foundation is supporting the Community FoodBank of New Jersey in its response to critical community needs throughout New Jersey as a result of the COVID-19 outbreak. The Community FoodBank of New Jersey (CFBNJ) is New Jersey's largest anti-hunger organization that works with over 1,000 community organizations and partners in the state. The PSEG Foundation provided The Community FoodBank of New Jersey a grant of $45,000 to address rising food insecurity.
Mar 17, 2020 06:00 pm ET
PSEG Long Island Implements Operational Updates to Continue to Safeguard Customer and Employee Health
UNIONDALE, N.Y., March 17, 2020 /PRNewswire/ -- PSEG Long Island continues to monitor developments regarding COVID-19 while providing safe and reliable electricity to its 1.1 million customers. Our priority is the safety and well-being of our customers, employees and the communities we serve. In an effort to help minimize the exposure of COVID-19 for our employees, customers and the community, PSEG Long Island is implementing operational changes. 
Mar 17, 2020 05:22 pm ET
PSE&G Implements Operational Updates to Continue to Safeguard Customer and Employee Health
NEWARK, N.J., March 17, 2020 /PRNewswire/ -- Public Service Electric and Gas continues to monitor developments regarding COVID-19 while providing safe and reliable electricity and gas to its 2.4 million customers. Our priority is the safety and well-being of our customers, employees and the communities we serve. In an effort to help minimize the exposure of COVID-19 for our employees, customers and the community, PSE&G is implementing a number of operational changes. 
Oct 31, 2019 07:30 am ET
PSEG Announces 2019 Third Quarter Results
NEWARK, N.J., Oct. 31, 2019 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported today Net Income for the third quarter of 2019 of $403 million, or $0.79 per share as compared to Net Income of $412 million, or $0.81, in the third quarter of 2018.  Non-GAAP Operating Earnings for the third quarter of 2019 were $495 million, or $0.98 per share, compared to non-GAAP Operating Earnings for third quarter 2018 of $481 million, or $0.95 per share.  Non-GAAP Operating Earnings for third quarter 2019 exclude the recognition of net unrealized losses on Nuclear Decommissioning Trust equ
Oct 29, 2019 05:14 pm ET
Ørsted and Public Service Enterprise Group Enter into Negotiations for Investment in Offshore Wind Farm
Today, Ørsted and Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, announced they will enter into exclusive negotiations for PSEG to potentially become an equity investor in one of Ørsted’s offshore wind projects. Subject to negotiations toward a joint venture agreement, advanced due diligence and any required regulatory approvals, PSEG would acquire 25% of Ocean Wind.
Sep 25, 2019 12:49 pm ET
PSEG CEO Ralph Izzo Launches 5 Things To Tackle Climate Change
NEWARK, N.J., Sept. 25, 2019 /PRNewswire/ -- Despite clear and science-based warnings that humanity has a limited window within which to make drastic cuts to global carbon emissions, the world continues to move slowly in taking action to address climate change. Today, Public Service Enterprise Group Chairman, President and CEO Ralph Izzo launches his 5 Things to Tackle Climate Change – a climate strategy that fits on one hand.
Sep 23, 2019 08:43 am ET
PSEG Named To Dow Jones Sustainability Index For 12th Consecutive Year
NEWARK, N.J., Sept. 23, 2019 /PRNewswire/ -- Public Service Enterprise Group's inclusion on the Dow Jones Sustainability Index (DJSI) for North America for the 12th year in a row is the latest recognition of the company's ongoing and longtime commitment to sustainable and ethical practices. PSEG was one of seven U.S. utility companies selected for the list.
Jul 30, 2019 07:30 am ET
PSEG Announces 2019 Second Quarter Results
NEWARK, N.J., July 30, 2019 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported Net Income for the second quarter of 2019 of $153 million, or $0.30 per share, compared to Net Income of $269 million, or $0.53 per share, in the second quarter of 2018.  Non-GAAP Operating Earnings for the second quarter of 2019 were $294 million, or $0.58 per share, compared to non-GAAP Operating Earnings for the second quarter of 2018 of $325 million, or $0.64 per share.  Non-GAAP results for the second quarter of 2019 exclude the recognition of net unrealized gains on Nuclear Decommissioning
Jul 25, 2019 05:00 am ET
PSEG Plans to Reduce Carbon Emissions 80% by 2046 with a Vision of Net-Zero by 2050
NEWARK, N.J., July 25, 2019 /PRNewswire/ -- As part of its Powering Progress vision for the future, PSEG announced that it expects to cut its power fleet's carbon emissions by 80% by 2046, from 2005 levels. PSEG also announced its vision of attaining net-zero carbon emissions by 2050 assuming advances in technology and public policy. In support of these carbon-reduction goals, PSEG also announced that it has no plans to build or acquire new fossil-fueled power plants. PSEG is committing to reporting annually on sustainability and climate using the Task Force on Climate-related Financial Disc
Jul 18, 2019 09:30 am ET
Margaret Pego, Senior Vice President of Human Resources & Chief Human Resources Officer, Announces Retirement
NEWARK, N.J., July 18, 2019 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) has announced that Margaret "Peggy" Pego, Senior Vice President of Human Resources and Chief Human Resources Officer, will retire at the end of 2019. Sheila Rostiac, Vice President Total Rewards and Talent Management, will transition to the Senior Vice President of Human Resources and Chief Human Resources Officer role beginning Sept. 2.
Jul 16, 2019 10:47 am ET
PSEG Declares Regular Quarterly Dividend For Third Quarter Of 2019
NEWARK, N.J., July 16, 2019 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.47 per share dividend on the outstanding common stock of the company for the third quarter of 2019.
Jul 16, 2019 10:00 am ET
PSEG Power Names Eric Carr to Replace Pete Sena as PSEG Nuclear President and Chief Nuclear Officer
NEWARK, N.J., July 16, 2019 /PRNewswire/ -- PSEG Power LLC has announced that Peter P. Sena III, PSEG Nuclear President and Chief Nuclear Officer, has accepted a position outside of the company and will be leaving PSEG, effective July 26. Eric Carr, Vice President of PSEG's Hope Creek Generating Station, will succeed Sena as PSEG Nuclear President and Chief Nuclear Officer.
Jun 21, 2019 12:47 pm ET
New Jersey Selects Ocean Wind for State’s First Offshore Wind Project
Today the New Jersey Board of Public Utilities (NJBPU) announced it has selected Ocean Wind, an offshore wind energy project proposed by Ørsted with support from PSEG, to develop an 1,100 MW offshore wind farm, that will power more than half a million New Jersey homes. Ocean Wind will be located 15 miles off the coast of Atlantic City. Construction is expected to commence in the early 2020s, with the wind farm operational in 2024.
May 02, 2019 10:00 am ET
PSEG WorryFree Service Has Arrived on Long Island
FARMINGDALE, N.Y., May 2, 2019 /PRNewswire/ -- Long Island residents now have a new way to protect themselves from unexpected home repair bills. Beginning this month, residents can purchase repair and protection plans from HomeServe USA under the PSEG WorryFree brand.
May 02, 2019 07:30 am ET
PSEG Announces 2019 First Quarter Results
NEWARK, N.J., May 2, 2019 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported today Net Income for the first quarter of 2019 of $700 million, or $1.38 per share as compared to Net Income of $558 million, or $1.10 per share, in the first quarter of 2018.  Non-GAAP Operating Earnings for the first quarter of 2019 were $547 million, or $1.08 per share, compared to non-GAAP Operating Earnings for the first quarter of 2018 of $492 million, or $0.97 per share. Non-GAAP results for the first quarter exclude items such as the recognition of net unrealized gains on Nuclear Decommissi
Apr 24, 2019 12:44 pm ET
PSEG Long Island Wins 2019 ENERGY STAR Partner of the Year Award
UNIONDALE, N.Y., April 24, 2019 /PRNewswire/ -- PSEG Long Island announced Monday that it won the 2019 ENERGY STAR Partner of the Year award for its efforts to help lower customers' energy usage and reduce their carbon footprint.
Apr 22, 2019 06:02 pm ET
For Earth Day, PSEG Long Island Bolsters Public Green Spaces, Helps Customers Save Up to $200,000 in Energy Use
UNIONDALE, N.Y., April 22, 2019 /PRNewswire/ -- In the week leading up to Earth Day, more than 500 PSEG Long Island employees came together across five towns on Long Island to beautify local green spaces, and reduce Long Island's carbon footprint by helping customers lower their overall electrical demand. When they finished, volunteers had distributed 20,000 LED lightbulbs with the potential to save customers up to $200,000 in energy costs over the next year. The company also pledged to give away 1 million reusable shopping bags by Earth Day 2020, helping to reduce the number of single-use p
Apr 18, 2019 01:47 pm ET
PSEG Responds to BPU Decision to Award Zero Emission Certificates (ZECs) to its Nuclear Plants
NEWARK, N.J., April 18, 2019 /PRNewswire/ -- Today, the New Jersey Board of Public Utilities (BPU) voted to award Zero Emission Certificates (ZECs) to PSEG's three New Jersey nuclear power plants, Hope Creek and Salem 1 and 2. In 2018, the New Jersey Legislature and Gov. Phil Murphy enacted legislation that established a Zero Emission Certificate program to preserve the plants that provide more than 90 percent of the state's carbon-free electricity.
Apr 16, 2019 09:43 am ET
PSEG Declares Regular Quarterly Dividend for Second Quarter of 2019
NEWARK, N.J., April 16, 2019 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.47 per share dividend on the outstanding common stock of the company for the second quarter of 2019.
Apr 15, 2019 07:30 am ET
PSEG Salem Unit 1 Begins Refueling Outage
LOWER ALLOWAYS CREEK, N.J., April 15, 2019 /PRNewswire/ -- More than 1,000 contractors and craftspeople have arrived in Salem County to begin work on PSEG Nuclear's Salem Unit 1 reactor, which began a regularly scheduled refueling outage on Friday.
Apr 01, 2019 07:40 am ET
Recent Analysis Shows Wells Fargo, Public Service Enterprise Group, Apartment Investment and Management, Gentherm, Connecticut Water Service, and KalVista Pharmaceuticals Market Influences — Renewed O
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Wells Fargo & Company (NYSE:WFC), Public Service Enterprise Group...
Mar 25, 2019 09:15 am ET
Innovative Technology Used to Remove Tree in East Hampton
UNIONDALE, N.Y., March 25, 2019 /PRNewswire/ -- PSEG Long Island used new, innovative technology to assist the Village of East Hampton with the safe removal of a large, nonviable tree in danger of falling on an electric transmission line and a nearby home. 
Mar 14, 2019 11:45 am ET
PSEG Acquires Two Solar Projects from BayWa r.e.
NEWARK, N.J., March 14, 2019 /PRNewswire/ -- PSEG Solar Source today announced it has purchased two North Carolina solar farms being developed by BayWa r.e. Construction began last month on Five Forks Solar, which will be a 25.9 MW-dc facility when completed, and North Halifax Solar, which will be a 26.9 MW-dc facility. Both facilities are expected to go into service during the fourth quarter of 2019. The acquisition represents a total investment of approximately $65 million.
Feb 27, 2019 06:30 am ET
PSEG Announces 2018 Results
NEWARK, N.J., Feb. 27, 2019 /PRNewswire/ -- Public Service Enterprise Group (PSEG) reported 2018 Net Income of $1,438 million, or $2.83 per share, as compared to Net Income of $1,574 million, or $3.10 per share, for 2017.  Non-GAAP Operating Earnings for the year 2018 were $1,582 million, or $3.12 per share, compared to $1,488 million, or $2.93 per share for 2017.  The Net Income comparison for the full year reflects the absence of one-time items including the favorable impact of the Tax Cut and Jobs Act (Tax Act) in 2017, charges in 2017 related to the early retirement of the Hudson and Mer
Feb 21, 2019 10:40 am ET
Utility Scams On The Rise
UNIONDALE, N.Y., Feb. 21, 2019 /PRNewswire/ -- PSEG Long Island urges customers to be alert for increasingly sophisticated scams that continue to target utility customers across the nation. In recent weeks, customers have reported phone scammers pretending to be PSEG Long Island employees, in some cases with caller ID reading "PSEG Long Island." The scammers demand payment for past-due bills or priority AMI install and threaten to have electric service shut off if payment isn't remitted immediately. In 2018 more than 4,088 scams were reported to PSEG Long Island, a 75 percent increase over 2
Feb 19, 2019 12:47 pm ET
PSEG Increases Common Stock Dividend
NEWARK, N.J., Feb. 19, 2019 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a quarterly common stock dividend for the first quarter of 2019 of $0.47 per share payable on March 29, 2019 to shareholders of record on March 8, 2019. This action represents a $0.02 per share, or 4.4% increase in the company's quarterly common stock dividend and brings the indicative annual dividend rate to $1.88 per share.
Jan 28, 2019 07:55 am ET
Investor Expectations to Drive Momentum within Cognizant Technology Solutions, Public Service Enterprise Group, Iron Mountain, Catalent, QuinStreet, and Entravision Communications — Discovering Underl
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Cognizant Technology Solutions Corporation (NASDAQ:CTSH), Public...
Jan 15, 2019 07:30 am ET
PSEG Controller Stuart Black to Retire; will be succeeded by Rose Chernick
NEWARK, N.J., Jan. 15, 2019 /PRNewswire/ -- Public Service Enterprise Group (PSEG) today announced that Stuart J. Black, vice president and controller, is retiring. The company named Rose Chernick, vice president-finance, corporate strategy and planning, as Black's successor, effective March 11. Black will help transition the role's responsibilities to Chernick until his official retirement in May.
Jan 09, 2019 10:16 am ET
PSEG Sells Two Retired Coal Sites to Hilco Redevelopment Partners
NEWARK, N.J., Jan. 9, 2019 /PRNewswire/ -- PSEG Power, a subsidiary of Public Service Enterprise Group (PSEG), announced today the sale of the sites of its retired Hudson Generating Station in Jersey City/Secaucus and Mercer Generating Station in Hamilton Township to Hilco Redevelopment Partners (HRP) (www.hilcoredev.com), an operating company within Hilco Global. Both coal-burning power plants were built in the 1960s and retired in June 2017. PSEG is committed to being a leading clean energy provider. Last year, the company set the goal of eliminating 13 million metric tons of CO2-equivalen
Dec 20, 2018 08:30 am ET
PSEG Elects Laura Sugg to Board of Directors
NEWARK, N.J., Dec. 20, 2018 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that Laura A. Sugg has been elected to its Board of Directors, effective Jan. 1, 2019.
Dec 03, 2018 09:00 am ET
PSEG is Powering Progress Toward a Sustainable Energy Future
NEWARK, N.J., Dec. 3, 2018 /PRNewswire/ -- Public Service Enterprise Group (NYSE:PEG) today published its 2018 Sustainability Report, updating stakeholders on its efforts to provide clean and affordable energy while supporting the diverse communities it serves. The 2018 Sustainability Report provides an accounting of the company's achievements that set a foundation for reshaping its business to meet the evolving needs of its customers and society.
Nov 27, 2018 02:05 pm ET
Duke Energy Renewables and Invenergy host ribbon-cutting ceremony for Shoreham Solar Commons project on Long Island
CHARLOTTE, N.C., Nov. 27, 2018 /PRNewswire/ -- More than 50 community, business and energy leaders attended a ribbon-cutting ceremony today for Duke Energy Renewables' Shoreham Solar Commons Project, a 24.9-megawatt (MW) facility near Brookhaven, N.Y.
Nov 20, 2018 08:33 am ET
PSEG Declares Regular Quarterly Dividend For Fourth Quarter Of 2018
NEWARK, N.J., Nov. 20, 2018 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.45 per share dividend on the outstanding common stock of the company for the fourth quarter of 2018.
Nov 06, 2018 07:35 am ET
Market Trends Toward New Normal in Public Service Enterprise Group, AXT, ORBCOMM, Lancaster Colony, Juniper Networks, and Kellogg — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Public Service Enterprise Group Incorporated (NYSE:PEG), AXT Inc...
Oct 30, 2018 07:30 am ET
PSEG Announces 2018 Third Quarter Results
NEWARK, N.J., Oct. 30, 2018 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported today Net Income for the third quarter of 2018 of $412 million, or $0.81 per share as compared to Net Income of $395 million, or $0.78 per share, in the third quarter of 2017.  Non-GAAP Operating Earnings for the third quarter of 2018 were $481 million, or $0.95 per share, compared to non-GAAP Operating Earnings for the third quarter of 2017 of $417 million, or $0.82 per share.
Oct 29, 2018 12:30 pm ET
Approval in PSE&G's Base Rate Review Keeps Customer Bills Stable and 30 Percent Lower Than in 2008
NEWARK, N.J., Oct. 29, 2018 /PRNewswire/ -- PSE&G today received approval from the New Jersey Board of Public Utilities of the settlement of its distribution base rate review. The settlement agreement keeps bills for the typical combined electric and gas residential customer stable and at levels that are 30 percent lower than customers paid in 2008. With today's approval, new rates will become effective on November 1.
Oct 18, 2018 02:00 pm ET
PSEG Named to Dow Jones Sustainability Index for 11th Consecutive Year
NEWARK, N.J., Oct. 18, 2018 /PRNewswire/ -- Public Service Enterprise Group's recent inclusion on the Dow Jones Sustainability Index (DJSI) for North America for the 11th year in a row is the latest confirmation of the company's commitment to sustainable and ethical practices. Customers, employees and investors are increasingly demanding that environmental, social and governance (ESG) factors guide how a company conducts business.
Oct 15, 2018 08:25 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within NCR, Lamb Weston, Public Service Enterprise Group, Houghton Mifflin Harcourt, Cypress Semiconductor, and Tahoe Resources — New Resea
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of NCR Corporation (NYSE:NCR), Lamb Weston Holdings Inc. (NYSE:LW),...
Oct 04, 2018 08:30 am ET
Agreement reached in PSE&G base rate review would keep customer bills stable and 30 percent lower than in 2008
NEWARK, N.J., Oct. 4, 2018 /PRNewswire/ -- PSE&G today filed an agreement with an administrative law judge that, if approved, would keep residential customer bills stable and at levels that are 30 percent lower than customers paid in 2008. 
Sep 27, 2018 08:00 am ET
PSE&G Follows State Policy For A New Era of Affordable, Clean, Reliable, Resilient and Safe Energy
NEWARK, N.J., Sept. 27, 2018 /PRNewswire/ -- Public Service Electric and Gas Co. (PSE&G) on Wednesday proposed a Clean Energy Future program (CEF) with the New Jersey Board of Public Utilities to make critical investments in clean energy and advanced technology that would propel  New Jersey's role as a national leader in energy efficiency and jump-start other clean energy priorities.
Sep 27, 2018 07:40 am ET
PSEG Long Island Deploys Drones to Further Improve System Reliability
UNIONDALE, N.Y., Sept. 25, 2018 /PRNewswire/ -- In order to further improve and advance Long Island's electric system, PSEG Long Island and ULC Robotics, a leading technology company based in Hauppauge, are deploying unmanned aerial vehicles (UAV) – or drones – to conduct the utility's inspections of power lines and other important equipment.
Sep 25, 2018 10:00 am ET
PSEG Long Island Deploys Drones to Further Improve System Reliability
UNIONDALE, N.Y., Sept. 25, 2018 /PRNewswire/ -- In order to further improve and advance Long Island's electric system, PSEG Long Island and ULC Robotics, a leading technology company based in Hauppauge, are deploying unmanned aerial vehicles (UAV) – or drones – to conduct the utility's inspections of power lines and other important equipment.
Aug 09, 2018 07:30 am ET
Report: Exploring Fundamental Drivers Behind AMERISAFE, SM Energy, Papa John's International, CNX Resources, Public Service Enterprise Group, and Chimera Investment — New Horizons, Emerging Trends, an
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of AMERISAFE, Inc. (NASDAQ:AMSF), SM Energy Company (NYSE:SM), Papa John's...
Aug 01, 2018 07:30 am ET
PSEG Announces 2018 Second Quarter Results
NEWARK, N.J., Aug. 1, 2018 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported today Net Income for the second quarter of 2018 of $269 million, or $0.53 per share as compared to Net Income of $109 million, or $0.22 per share, in the second quarter of 2017.  Non-GAAP Operating Earnings for the second quarter of 2018 were $325 million, or $0.64 per share, compared to non-GAAP Operating Earnings for the second quarter of 2017 of $316 million, or $0.62 per share. Prior-year results included costs related to the early retirement of the Hudson and Mercer generating stations.
Jul 17, 2018 09:43 am ET
PSEG Declares Regular Quarterly Dividend for Third Quarter Of 2018
NEWARK, N.J., July 17, 2018 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.45 per share dividend on the outstanding common stock of the company for the third quarter of 2018.
Jun 22, 2018 10:05 am ET
Rick Thigpen Promoted To Senior Vice President - Corporate Citizenship, PSEG; Karen Reif Named Vice President - Renewables And Energy Solutions, PSE&G
NEWARK, N.J., June 22, 2018 /PRNewswire/ -- Rick Thigpen, vice president - state governmental affairs for PSEG, has been promoted to senior vice president - corporate citizenship.  He will report directly to Ralph Izzo, chairman, president and CEO, PSEG.  In this new position, Thigpen will continue to have responsibility for PSEG's state governmental affairs organization, and will also oversee the federal affairs and corporate citizenship and culture departments.  He will remain chairman of the PSEG Foundation. 
Jun 08, 2018 02:30 pm ET
PSE&G Unveils Next Phase of "Energy Strong" Investments
NEWARK, N.J., June 8, 2018 /PRNewswire/ -- Building on the success of its Energy Strong program, Public Service Electric and Gas (PSE&G) today proposed to invest an additional $2.5 billion during the next five years to further strengthen the utility's electric and gas systems to withstand storms, improve reliability and significantly enhance resiliency.
May 31, 2018 08:00 am ET
PSEG Announces Major Infrastructure Investment Program
NEWARK, N.J., May 31, 2018 /PRNewswire/ -- PSEG today outlined a plan to invest $14 billion to $17 billion over the next five years. 
May 17, 2018 10:00 am ET
PSE&G Solar Storage Project in Service at Pennington DPW Building
NEWARK, N.J., May 17, 2018 /PRNewswire/ -- Public Service Electric and Gas Company (PSE&G) announced today that its solar storage project at the Borough of Pennington, N.J. Department of Public Works (DPW) building has been placed in service.  The system will help keep the building operational during an extended power outage and is one of four similar projects that are in service as part of PSE&G's Solar 4 All® program.
May 08, 2018 07:30 am ET
Consolidated Research: 2018 Summary Expectations for The Mosaic, Newmont Mining, National Oilwell Varco, NxStage Medical, Public Service Enterprise Group, and PRA Health Sciences — Fundamental Analysi
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Mosaic Company (NYSE:MOS), Newmont Mining Corporation (NYSE:NEM),...
Apr 30, 2018 07:30 am ET
PSEG Announces 2018 First Quarter Results
NEWARK, N.J., April 30, 2018 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported today Net Income for the first quarter of 2018 of $558 million, or $1.10 per share as compared to Net Income of $114 million, or $0.22 per share, in the first quarter of 2017.  Non-GAAP Operating Earnings for the first quarter of 2018 were $492 million, or $0.97 per share, compared to non-GAAP Operating Earnings for the first quarter of 2017 of $466 million, or $0.92 per share. Prior year results included costs related to the early retirement of the Hudson and Mercer generating stations and a re
Apr 23, 2018 08:00 am ET
Willdan Selected to Implement PSE&G’s Direct Install Program
Willdan Group, Inc. (NASDAQ: WLDN) today announced that it is has been selected as one of the vendors for the Public Service Electric and Gas Company (PSE&G) Energy $aver (Direct Install) Program for Government, Non-Profit, and Small Business Facilities. This program has a budget of $15 million over three years and provides direct install services throughout PSE&G’s service territory. Willdan will serve northern New Jersey’s densely populated Bergen, Passaic, and Hudson counties.
Apr 23, 2018 07:30 am ET
PSE&G Reaches Agreement with NJ BPU Staff and Rate Counsel On Next Phase of Gas Infrastructure Replacement
NEWARK, N.J., April 23, 2018 /PRNewswire/ -- Public Service Electric and Gas Company (PSE&G) today announced a $1.875 billion settlement with the Staff of the New Jersey Board of Public Utilities (BPU), the New Jersey Division of Rate Counsel and other parties to continue the accelerated replacement of aging gas pipes, supporting a safe, clean and reliable gas system well into the future. The settlement agreement is pending approval by the BPU.
Apr 17, 2018 10:00 am ET
PSEG Declares Regular Quarterly Dividend For Second Quarter Of 2018
NEWARK, N.J., April 17, 2018 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.45 per share dividend on the outstanding common stock of the company for the second quarter of 2018.
Apr 13, 2018 08:30 am ET
PSEG Nuclear's Hope Creek Generating Station Begins Refueling Outage and Sets New Records
HANCOCKS BRIDGE, N.J., April 13, 2018 /PRNewswire/ -- PSEG Nuclear's Hope Creek Generating Station was safely taken offline today just after midnight for its scheduled refueling and maintenance outage. The operation marked a new record for the plant's longest continuous production run of 517 consecutive days online.
Apr 03, 2018 10:00 am ET
Kathleen Lally To Retire As Vice President Of Investor Relations, PSEG
NEWARK, N.J., April 3, 2018 /PRNewswire/ -- PSEG today announced that Kathleen A. Lally will retire at the end of June from her position as Vice President of Investor Relations for Public Service Enterprise Group (PSEG).  Lally joined PSEG as Vice President - Investor Relations in January 2007 and brought with her extensive and diverse Wall Street experience both on the buy side as an investor and on the sell side as an equity research analyst. 
Mar 29, 2018 11:12 am ET
PSEG Foundation Awards $200,000 Grant to Support Career Enhancement Program for Military and Veteran Students and Advance Thomas Edison State University's STEM Initiatives
TRENTON, N.J., March 29, 2018 /PRNewswire/ -- The PSEG Foundation recently awarded a two-year, $200,000 grant to expand programs for active-duty service members and veterans and advance the development of science, technology, engineering and math (STEM) courses at Thomas Edison State University.
Mar 27, 2018 10:00 am ET
PSEG Cork Oak Solar Energy Center Goes Online
NEWARK, N.J., March 27, 2018 /PRNewswire/ -- PSEG Solar Source today announced that its PSEG Cork Oak Solar Energy Center successfully began operations in December 2017.
Mar 22, 2018 01:00 pm ET
PSEG Sunflower Solar Energy Center Goes Online
NEWARK, N.J., March 22, 2018 /PRNewswire/ -- PSEG Solar Source today announced that its PSEG Sunflower Solar Energy Center successfully began operations in December. The 21-megawatt (dc) facility can power about 4,000 homes.
Mar 06, 2018 07:40 am ET
Report: Developing Opportunities within Public Service Enterprise Group, Nucor, Newmont Mining, Insulet, Hecla Mining, and Occidental Petroleum — Future Expectations, Projections Moving into 2018
NEW YORK, March 06, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Public Service Enterprise Group Incorporated (NYSE:PEG),...
Feb 28, 2018 09:30 am ET
Delivering an Affordable, Clean Energy Future is at the Heart of PSEG's Sustainability Efforts
NEWARK, N.J., Feb. 28, 2018 /PRNewswire/ -- PSEG (NYSE: PEG) today announced its new climate goal – to eliminate 13 million tons of CO2-equivalent emissions by 2030 – in conjunction with the release of the company's 2017 Sustainability Report. The report is available online at www.pseg.com/sustainability.
Feb 23, 2018 06:30 am ET
PSEG Announces 2017 Results
NEWARK, N.J., Feb. 23, 2018 /PRNewswire/ -- Public Service Enterprise Group (PSEG) reported 2017 Net Income of $1,574 million, or $3.10 per share, as compared to Net Income of $887 million, or $1.75 per share, for 2016.  Non-GAAP Operating Earnings for the year 2017 were $1,488 million, or $2.93 per share, compared to $1,475 million, or $2.90 per share for 2016.  Compared to 2016, Net Income for 2017 benefited from a revaluation of deferred tax liabilities associated with a reduction in the Federal corporate tax rate, lower reserves for leveraged lease impairments, and gains on Nuclear Decom
Feb 20, 2018 10:33 am ET
PSEG Increases Common Stock Dividend
NEWARK, N.J., Feb. 20, 2018 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a quarterly common stock dividend for the first quarter of 2018 of $0.45 per share payable on March 30, 2018 to shareholders of record on March 8, 2018. This action represents a $0.02 per share, or 4.7% increase in the company's quarterly common stock dividend and brings the indicative annual dividend rate to $1.80 per share.
Feb 13, 2018 09:00 am ET
PSEG Names Barb Short New Chief Diversity Officer, President, PSEG Foundation and Senior Director, PSEG Corporate Citizenship and Culture
NEWARK, N.J., Feb. 13, 2018 /PRNewswire/ -- PSEG announced today that Barb Short will be the company's new Chief Diversity Officer. In addition, Short will head the PSEG Foundation and oversee the company's community involvement as Senior Director, PSEG Corporate Citizenship and Culture. She will replace Ellen Lambert, who has retired. In her retirement, Lambert plans to volunteer with the United Nations to improve maternal health and survivability during and after pregnancy.
Feb 08, 2018 09:00 am ET
PSEG Acquires Sixth North Carolina Solar Farm
NEWARK, N.J., Feb. 8, 2018 /PRNewswire/ -- PSEG Solar Source today announced it has acquired a 7 MW-dc solar energy facility from BayWa r.e. representing an investment of about $10 million. The PSEG Halifax Solar Energy Center began operations Dec. 21, 2017.
Feb 02, 2018 09:00 am ET
PSEG Energy Solutions Gains License To Operate In Maryland
NEWARK, N.J., Feb. 2, 2018 /PRNewswire/ -- PSEG Energy Solutions today announced that it has received approval to operate as a retail electricity supplier in the state of Maryland. PSEG Energy Solutions currently offers competitive electric supply to commercial and industrial customers in Pennsylvania and New Jersey. The company plans to continue to expand throughout the Mid-Atlantic and Northeast.
Jan 25, 2018 09:00 am ET
Energy Strong Advanced Technology Making PSE&G's Grid Smarter
NEWARK, N.J., Jan. 25, 2018 /PRNewswire/ -- In the aftermath of Superstorm Sandy, Public Service Electric and Gas Co. (PSE&G), with support from the New Jersey Board of Public Utilities, embarked on Energy Strong, a $1.2 billion program that is making electric and gas systems more resilient against severe weather. Under this program, PSE&G greatly expanded the use of advanced technology enabling remote monitoring and control of its electric system.
Jan 12, 2018 04:37 pm ET
PSE&G files first rate review in 8 years; requests approximate 1 percent increase
NEWARK, N.J., Jan. 12, 2018 /PRNewswire/ -- Public Service Electric and Gas Co. (PSE&G) today filed its first regulatory rate review in more than eight years, asking for a small adjustment in electric and gas base delivery rates that would increase overall revenues by approximately 1 percent.
Dec 22, 2017 10:48 am ET
PSEG elects Barry Ostrowsky to board of directors
NEWARK, N.J., December 22, 2017 /PRNewswire/ -- Public Service Enterprise Group (PSEG) today announced that Barry H. Ostrowsky, president and chief executive officer, RWJBarnabas Health, has been elected to its board of directors, effective Feb. 20.
Dec 21, 2017 02:42 pm ET
Customers to Pay Less to Heat their Homes This Winter
NEWARK, N.J., Dec. 21, 2017 /PRNewswire/ -- Public Service Electric and Gas Company (PSE&G), New Jersey's largest utility, announced today that it will provide bill credits this winter that will lower monthly bills for a typical residential gas heating customer by about 17 percent during January and February. Customers will receive a credit on their PSE&G bill of approximately $50 over two months this winter.
Dec 12, 2017 04:15 pm ET
TIO Networks' data compromise potentially affects PSE&G customers
NEWARK, N.J., Dec. 12, 2017 /PRNewswire/ -- Public Service Electric and Gas Company (PSE&G) has learned that its customers may be affected by a potential data breach involving the systems of TIO Networks, a subsidiary of PayPal Holdings. 
Nov 29, 2017 09:21 am ET
PSEG Long Island Supports Recovery Efforts in Puerto Rico
UNIONDALE, N.Y., Nov. 29, 2017 /PRNewswire/ -- Responding to Governor Andrew M. Cuomo's leadership, PSEG Long Island has mobilized more than 50 employees and contractors to Puerto Rico, along with the requisite vehicles and equipment, to help in the effort to rebuild its electrical grid after Hurricane Maria caused severe damage in September.  
Nov 21, 2017 09:24 am ET
PSEG Declares Regular Quarterly Dividend For Fourth Quarter Of 2017
NEWARK, N.J., Nov. 21, 2017 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.43 per share dividend on the outstanding common stock of the company for the fourth quarter of 2017.
Nov 09, 2017 01:08 pm ET
PSE&G Offers Top Six Tips to Stay Warm for Less
NEWARK, N.J., Nov. 9, 2017 /PRNewswire/ -- With cold weather on the way, Public Service Electric & Gas Co. (PSE&G), New Jersey's largest utility, offers its top six ways you can help keep the heat in and your heating bills down this winter with little or no cost.
Nov 06, 2017 08:20 am ET
Market Trends Toward New Normal in Public Service Enterprise Group, Rigel Pharma, National Oilwell Varco, Ironwood Pharma, Express Scripts, and Synergy Pharma – Emerging Consolidated Expectations, Ana
NEW YORK, Nov. 06, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Public Service Enterprise Group Incorporated (NYSE:PEG),...
Oct 31, 2017 08:30 am ET
PSEG Announces 2017 Third Quarter Results
NEWARK, N.J., Oct. 31, 2017 /PRNewswire/ -- (NYSE: PEG) Public Service Enterprise Group (PSEG) reported third quarter 2017 Net Income of $395 million or $0.78 per share as compared to Net Income of $327 million or $0.64 per share reported for the third quarter of 2016. Non-GAAP Operating Earnings for the third quarter of 2017 were $417 million or $0.82 per share as compared to non-GAAP Operating Earnings for the third quarter of 2016 of $444 million or $0.88 per share.
Oct 26, 2017 09:00 am ET
PSE&G Post-Sandy Investments Are Making New Jersey's Energy Grid 'Energy Strong'
NEWARK, N.J., Oct. 26, 2017 /PRNewswire/ -- Five years after Superstorm Sandy left millions of New Jerseyans without power, Public Service Electric and Gas Co. (PSE&G) has completed strategic infrastructure investments that, in the event of another Sandy-like storm, will keep critical equipment out of floodwaters' way and the lights on for many.
Oct 26, 2017 09:00 am ET
PSEG Long Island upgrades the grid to protect customers from future storms
UNIONDALE, N.Y., Oct. 26, 2017 /PRNewswire/ -- PSEG Long Island has made significant improvements to the transmission and distribution infrastructure, storm process, technology and customer communications since Superstorm Sandy made landfall five years ago.
Oct 25, 2017 11:00 am ET
PSE&G Cuts Ribbon at Wastewater Treatment Plant Solar Storage Project
NEWARK, N.J., Oct. 25, 2017 /PRNewswire/ -- Officials from Public Service Electric and Gas Company (PSE&G) and the Borough of Caldwell, N.J., today cut the ribbon on a solar storage project that will help keep the borough's wastewater treatment plant running during an extended power outage as a result of severe weather.  The Caldwell solar storage system is one of three similar projects that are in service as part of PSE&G's Solar 4 All® program and the ribbon cutting comes nearly five years to the day that Superstorm Sandy made landfall in New Jersey, causing extensive damage and ou
Sep 28, 2017 09:00 am ET
PSEG Solar Source Acquires Long Island Project from Solar Liberty
NEWARK, N.J., Sept. 28, 2017 /PRNewswire/ -- PSEG Solar Source today announced it has acquired a 10.6 MWs-dc facility located in West Babylon, Long Island, from Solar Liberty Energy Systems Inc., representing an investment of $20 million to $25 million. The PSEG West Babylon Solar Center has completed construction and is expected to begin commercial operation in October.   
Sep 13, 2017 12:00 pm ET
PSEG Selected for Top Sustainability Index for 10th Year in a Row
NEWARK, N.J., Sept. 13, 2017 /PRNewswire/ -- Marking a decade of sustainability leadership, Public Service Enterprise Group (PSEG) has been named to the Dow Jones Sustainability Index for North America for the 10th consecutive year.
Aug 23, 2017 02:53 pm ET
NJ BPU Approves PSE&G Energy Efficiency Programs
NEWARK, N.J., Aug. 23, 2017 /PRNewswire/ -- The New Jersey Board of Public Utilities (BPU) today approved a Public Service Electric and Gas Company (PSE&G) proposal to extend three popular energy efficiency programs and implement two new ones. PSE&G will invest $69 million to continue its Hospital Efficiency Program, Residential Multifamily Housing Efficiency Program and Direct Install Program and to begin a Smart Thermostat Program and Residential Data Analytics Program. 
Aug 07, 2017 12:00 pm ET
PSEG Elects Karen Cleeve to Vice President, Corporate Communications
NEWARK, N.J., Aug. 7, 2017 /PRNewswire/ -- PSEG announced today the election of Karen Cleeve to Vice President, Corporate Communications. She will begin her new position on Aug. 9 and report to Derek DiRisio, President, PSEG Services Corp.
Aug 04, 2017 12:39 pm ET
Grant from PSEG Foundation Funds LGBTQ Youth Empowerment Initiative in Camden
NEWARK, N.J., Aug. 4, 2017 /PRNewswire/ -- PSEG has partnered with The Tyler Clementi Center at Rutgers University to expand its LGBTQ Youth Empowerment Initiative to the city of Camden. The goal of the program is to help create more inclusive school communities for the LGBTQ student population and their allies.

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