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  • 9/15/15
    (Sept.15, 2015 – Newark, N.J.) – Public Service Electric and Gas Company (PSE&G), New Jersey’s largest utility, today announced a $905 million settlement in principle with the staff of the New Jersey Board of Public Utilities (BPU) and the New Jersey Division of Rate Counsel to expedite the replacement of aging gas pipes -- supporting a safe, clean and reliable gas system well into the future. The agreement detailing this three-year program will be submitted to the BPU for formal approvalmore...
  • 9/14/15
    (Newark, N.J. – Sept. 14, 2015) Public Service Electric and Gas Co. (PSE&G), New Jersey’s largest utility, today announced that it will reduce residential natural gas bills this winter by 5.7 percent, saving customers almost $52 per year. The reduction was approved by the New Jersey Board of Public Utilities, enabling PSE&G to reduce its basic gas supply rate to 40 cents from 45 cents – the utility’s lowest rate in 15 years. Also included in this filing is a small reduction to themore...
  • 9/14/15
    (September 14, 2015 - Newark, NJ) - Public Service Enterprise Group (PSEG) was named to the Dow Jones Sustainability North America Index for the eighth consecutive year. The Dow Jones Sustainability Indices (DJSI) recognize forward thinking companies based on an appraisal of the company’s strategy, management and its performance in dealing with opportunities and risks deriving from economic, environmental and social developments.“Making things better is the essence of what we do as a companymore...
  • 8/27/15
    Public Service Enterprise Group (PSEG), will participate in the following events during the month of September, 2015:Sept. 8, 2015 – Caroline Dorsa, Executive Vice President and Chief Financial Officer of PSEG, will participate in investor meetings at the Barclays CEO Energy-Power Conference in New York.Sept. 17, 2015 – Ralph Izzo, Chairman, President and CEO of PSEG, will participate at the Bank of America Merrill Lynch 2015 Power and Gas leaders Conference in Boston.Sept. 28 to Oct. 2, 2015more...
  • 8/25/15
    (August 25, 2015 - Newark, NJ) - PSEG Solar Source today announced that it has acquired the Columbia Solar Project from Hanergy America Solar Solutions. The facility, built on a remediated brownfield, is located 40 miles northeast of San Francisco in Pittsburg, CA.The 25.4 MW-dc facility, to be named PSEG Pittsburg Solar Energy Center, is scheduled to go into service in October 2015 after the testing and commissioning process is completed. It has a 20-year power purchase agreement (PPA) withmore...
  • 8/24/15
    (August 24, 2015 – Newark, NJ) – PSEG Power announced today that Sewaren 7, a new 540-MW, dual-fuel combined-cycle power plant has cleared PJM’s Reliability Pricing Model Base Residual Auction. PSEG Power will work to secure permits and expects to begin construction on the highly-efficient generating plant in early 2016. The plant, which represents an investment of more than $600 million, is targeted to be completed and supplying needed energy to New Jersey and the region in time for summer ofmore...
  • 8/4/15
    TO:             THE FINANCIAL COMMUNITYFROM:         KATHLEEN A. LALLYRE:              PSEG TO PARTICIPATE AT GOLDMANSACHS POWER, UTILITIES,                   MLP, & PIPELINE CONFERENCE  Caroline Dorsa, Executive Vice President and Chief Financial Officer of PSEG, will meet with investors atmore...