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  • 12/16/15
    (December 16, 2015 – Newark, NJ) – Public Service Enterprise Group (PSEG) today announced that Willie A. Deese has been elected to its Board of Directors, effective February 16, 2016.Deese has been Executive Vice President of Merck & Co. Inc. since January 2008 and has served as President of Merck Manufacturing Division since May 2005. He oversees a network of over 55 manufacturing sites in more than 22 countries. Deese joined Merck & Co. in 2004 as Senior Vice President of Globalmore...
  • 11/23/15
    (Newark, N.J. – Nov. 23, 2015) 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 bills by about 30 percent during the months of December, January and February for a typical residential gas heating customer. Those customers will see a total bill credit of approximately $124 this winter.Including this winter’s bill credits announced today, since January 2009 annual bills for PSE&G’smore...
  • 11/19/15
    (November 19, 2015 – Newark, NJ) The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.39 per share dividend on the outstanding common stock of the company for the fourth quarter of 2015.All dividends for the fourth quarter are payable on or before December 31, 2015, to shareholders of record on December 9, 2015.#####Forward-Looking StatementsThe statements contained in this communication about our and our subsidiaries’ future performance, including, withoutmore...
  • 11/16/15
    Public Service Electric and Gas Company (PSE&G), New Jersey’s largest utility, today announced the approval of a three-year, $905 million program to expedite the replacement of aging gas pipes. Approved by the New Jersey Board of Public Utilities, the program will enable PSE&G to accelerate the modernization of its cast iron and unprotected steel gas infrastructure -- replacing up to 510 miles of gas mains and 38,000 service lines over the three-year period.“Accelerated replacement ofmore...
  • 11/4/15
    TO:       THE FINANCIAL COMMUNITYFROM:  KATHLEEN A. LALLYRE:        PSEG TO WEBCAST PRESENTATION AT THE EEI FINANCIAL CONFERENCERalph Izzo, President and Chief Executive Officer, and Dan Cregg, Executive Vice President and CFO of PSEG, will deliver a strategic presentation at the EEI Financial Conference in Florida on Tuesday, November 10, scheduled for 9:00 a.m. ET.  This presentation will be webcast and can be accessed through PSEG’s web sitemore...
  • 10/30/15
    Public Service Enterprise Group (PSEG) today reported third quarter 2015 Net Income of $439 million or $0.87 per share as compared to Net Income of $444 million or $0.87 per share for the third quarter of 2014. Operating earnings for the third quarter of 2015 were $403 million or $0.80 per share compared to the third quarter of 2014 operating earnings of $393 million or $0.77 per share.Ralph Izzo, chairman, president and CEO, said “PSEG reported another good quarter. While the businessesmore...
  • 9/23/15
    (Newark, N.J. – September 23, 2015) - PSEG announced today that Daniel J. Cregg, currently vice-president of finance for PSE&G, was elected by the Board of Directors to be Executive Vice President and Chief Financial Officer for the company effective October 8. He succeeds current CFO, Caroline Dorsa whose previously announced retirement will be effective at that time.During his 24-year career at PSEG, Cregg has held the senior financial position at both PSE&G, New Jersey’s largest gasmore...