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  • 12/28/16
    (Newark – Dec 28, 2016) – PSEG today announced that Bill Levis has informed the company of his intention to retire as president and COO of PSEG Power effective in the third quarter of 2017.  He is also a member of PSEG’s Executive Officer Group (EOG). “Bill’s leadership at Power occurred during a time when the industry faced tremendous challenges.  I have greatly valued his counsel during these past 10 years,” said Ralph Izzo, chairman, president and CEO, PSEG. “I, along withmore...
  • 12/21/16
    (Newark, N.J. – Dec. 21, 2016) 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 by about 9 percent during January and February for a typical residential gas heating customer. Those customers will see a total bill credit of approximately $25 this winter. The bill credits are in addition to a 3 percent annual bill decrease that took effect Oct. 1 that is saving themore...
  • 11/30/16
    (November 30, 2016 – Newark, NJ) – Public Service Electric and Gas Company (PSE&G) announced today that the New Jersey Board of Public Utilities (BPU) has approved an extension to the utility’s Solar 4 All® program.  The approval authorizes PSE&G to invest up to $80 million over the next three years to build an additional 33 megawatts-dc of solar farms on landfills and brownfields in PSE&G’s electric service territory.With this new approval, Solar 4 All is now a 158 megawatt-more...
  • 11/21/16
    (November 21, 2016 – Newark, NJ) – PSEG Solar Source today announced it has acquired a 6.6 MW-dc solar energy facility from BayWa r.e. Solar Projects representing an investment of $12.2 million. The PSEG Hemlock Solar Energy Center is under construction and scheduled to begin operations later this year.  The PSEG Hemlock Solar Energy Center has a 15-year power purchase agreement with Virginia Electric and Power Co. The facility occupies 48 acres that are under a 35-year lease with amore...
  • 11/15/16
    (November 15, 2016 – Newark, NJ) The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.41 per share dividend on the outstanding common stock of the company for the fourth quarter of 2016.All dividends for the fourth quarter are payable on or before December 30, 2016, to shareholders of record on December 9, 2016.  #####  Forward-Looking Statement The statements contained in this communication about our and our subsidiaries’ futuremore...
  • 11/4/16
    (November 4, 2016 – Newark, NJ) – PSEG Solar Source today announced it has acquired a 16.8 MW-dc solar energy facility from Ecoplexus Inc. The PSEG Turkey Creek Solar Energy Center is located in Northampton County, N.C. about 95 miles northeast of Raleigh.  The PSEG Turkey Creek Solar Energy Center has a power purchase agreement with Virginia Electric and Power Company. It sits on approximately 75 acres under a 35-year lease with a private landowner. This is the second project inmore...
  • 11/2/16
    Ralph 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 Phoenix on Tuesday, November 8, scheduled for 9:00 a.m. MT. This presentation will be webcast and can be accessed through PSEG’s web site at:http://investor.pseg.comIn addition, PSEG’s slide presentation will be available on the web.From time to time, PSEG, PSE&G and Power release important information viamore...