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  • 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...
  • 11/2/16
    (November 2, 2016 – Newark, NJ) – PSEG Solar Source today announced it has acquired a 10.5 MW-dc solar energy facility from Obsidian Renewables for an investment of $21 million. The facility, to be called the PSEG Lake County Solar Energy Center, is located in Lake County, Oregon about 140 miles southeast of Bend, OR.The PSEG Lake County Solar Energy Center has a 20-year power purchase agreement with PacificCorp, a subsidiary of Berkshire Hathaway Energy. It sits on approximately 65 acresmore...
  • 10/31/16
    October 31, 2016 (Newark, NJ) (NYSE – PEG) Public Service Enterprise Group (PSEG) reported third quarter 2016 Net Income of $327 million or $0.64 per share as compared to Net Income of $439 million or $0.87 per share reported for the third quarter of 2015. Non-GAAP Operating Earnings for the third quarter of 2016 were $444 million or $0.88 per share as compared to non-GAAP Operating Earnings for the third quarter of 2015 of $403 million or $0.80 per share.Ralph Izzo, chairman, president andmore...