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  • 6/1/18
    (NEWARK, N.J. – June 1, 2018) Public Service Electric and Gas Co. (PSE&G) today filed for a decrease in residential gas bills that would take effect this fall for the winter heating season.  While the proposed lower gas rates would take effect later this year, bills for PSE&G’s residential electric customers are dropping 1.9 percent today just in time for summer. The lower electric bills are the result of the Basic Generation Service auction held in February for customers whomore...
  • 5/31/18
    (NEWARK, N.J. - May 31, 2018) – PSEG today outlined a plan to invest $14 billion to $17 billion over the next five years. PSEG’s infrastructure program, an expansion of previously disclosed plans to invest $11.5 billion to $13.2 billion over the five-year period ending in 2022, includes a proposal for a significant increase in the utility’s investments in energy efficiency, as well as the first major investment in electric vehicle infrastructure. These investments will help New Jerseymore...
  • 5/30/18
    Public Service Enterprise Group (PSEG), will participate in the following meetings during the month of June, 2018:            Meeting with Investors in Boston           Meeting with Investors in New York           Meeting with Investors in Chicago and Minneapolis  The supporting material for these events can be accessed through PSEG’s web site at http://www.pseg.com/investor, undermore...
  • 5/22/18
    (May 22, 2018 – Newark, N.J.) – Public Service Electric & Gas Company (PSE&G) is moving forward with the next phase of its Gas System Modernization Program (GSMP II) following today’s approval of a multi-party settlement by the New Jersey Board of Public Utilities (BPU). Through GSMP II, PSE&G will invest $1.875 billion to continue the accelerated replacement of aging gas pipes, supporting a safe, clean and reliable gas system. The work, which will create some 3,200 jobs, entailsmore...
  • 4/30/18
    (April 30, 2018 – Newark, NJ) Public Service Enterprise Group (NYSE: PEG) reported today Net Income for the first quarter of 2018 of $558 million, or $1.10 per share as compared to Net Income of $114 million, or $0.22 per share, in the first quarter of 2017. Non-GAAP Operating Earnings for the first quarter of 2018 were $492 million, or $0.97 per share, compared to non-GAAP Operating Earnings for the first quarter of 2017 of $466 million, or $0.92 per share. Prior year results included costsmore...
  • 4/23/18
    (April 23, 2018 – Newark, N.J.) – Public Service Electric and Gas Company (PSE&G) today announced a $1.875 billion settlement with the Staff of the New Jersey Board of Public Utilities (BPU), the New Jersey Division of Rate Counsel and other parties to continue the accelerated replacement of aging gas pipes, supporting a safe, clean and reliable gas system well into the future. The settlement agreement is pending approval by the BPU.In a filing with the BPU in July 2017, PSE&Gmore...
  • 4/17/18
    (April 17, 2018 – Newark, NJ) The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.45 per share dividend on the outstanding common stock of the company for the second quarter of 2018.All dividends for the second quarter are payable on or before June 29, 2018, to shareholders of record on June 8, 2018. ##### Forward-Looking Statement The statements contained in this press release that are not purely historical are “forward-looking statements”more...