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  • 6/14/17
    (Newark, NJ – NYSE: PEG) The complaint filed at the Federal Energy Regulatory Commission on May 9, 2017 by the New Jersey Boroughs of Milltown, Park Ridge and South River seeking a reduction in the current base return on equity (ROE) included in PSE&G’s transmission formula rates was withdrawn, effective June 12, 2017.*****From time to time, PSEG, PSE&G and PSEG Power release important information via postings on their corporate website at http://investor.pseg.com. Investors andmore...
  • 6/7/17
    PennEast Pipeline Company LLC today announced that its Board of Managers approved the final purchase and sale agreement in which Spectra Energy Partners, LP (NYSE: SEP), an Enbridge company, acquired from PSEG Power LLC, a subsidiary of Public Service Enterprise Group Inc. (NYSE: PEG), its 10 percent minority equity position in the PennEast interstate natural gas pipeline project (PennEast). Spectra Energy Partners is now a 20 percent equity partner. PSEG Power remains committed to its 125,000more...
  • 6/1/17
    (NEWARK, N.J. – June 1, 2017) Public Service Electric and Gas Co. (PSE&G) today filed for a modest increase in residential gas bills that would take effect this fall.  If approved by the New Jersey Board of Public Utilities, this would be the first gas supply rate increase in nine years.While the proposed gas rates would take effect this fall, bills for PSE&G’s residential electric customers are dropping 2.5 percent today just in time for summer. The lower bills are the result ofmore...
  • 5/24/17
    (May 24, 2017 – Mount Laurel, N.J.) – Ralph Izzo, president, chairman and chief executive officer of Public Service Enterprise Group (PSEG), today called for a set of statewide regulatory reforms that would create financial incentives for utilities to help their customers reduce at-home energy use, as well as expand access to renewable energy and new energy-saving technologies. He also encouraged New Jersey utility regulators to consider longer-term approval of energy infrastructuremore...
  • 5/24/17
    (May 24, 2017 – Newark, NJ) – Public Service Enterprise Group (NYSE:PEG) subsidiary company, PSEG Power, today reported its results from the PJM Capacity Auction for the planning year 2020/2021. The company cleared approximately 7,800 megawatts (MWs) at a weighted average clearing price of $174 per megawatt-day. This was the first planning year that all capacity clearing the auction had to meet PJM’s capacity performance requirements.About PSEG:PSEG Power LLC is an independent power producermore...
  • 5/4/17
    Public Service Enterprise Group (PSEG), will participate in the following events during the month of May, 2017:           May 16, 2017 – Dan Cregg, Executive Vice President and Chief Financial Officer of PSEG, will participate in investor meetings at the Deutsche Bank Clean Tech Utility & Power Conference in New York.           May 21 – 23, 2017 – Dan Cregg, Executive Vice President and Chief Financial Officer of PSEG, willmore...
  • 4/28/17
    (April 28, 2017 – Newark, NJ) Public Service Enterprise Group (NYSE: PEG) reported today Net Income for the first quarter of 2017 of $114 million, or $0.22 per share as compared to Net Income of $471 million, or $0.93 per share, in the first quarter of 2016. Non-GAAP Operating Earnings for the first quarter of 2017 were $466 million, or $0.92 per share, compared to non-GAAP Operating Earnings for the first quarter of 2016 of $463 million, or $0.91 per share. Net Income for the first quarter ofmore...