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  • 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...
  • 4/18/17
    (April 18, 2017 – Newark, N.J.) – Public Service Enterprise Group’s (PSEG) success in adjusting to changing market dynamics and customer demands has produced strong financial results, PSEG Chairman, President and CEO Ralph Izzo told shareholders at the company’s annual meeting, held today in Newark. Izzo outlined the company’s $15 billion, five-year capital spending program, which will upgrade the company’s energy infrastructure. This program includes spending $4.7 billion during 2017 tomore...
  • 4/18/17
    (April 18, 2017 – Newark, NJ) The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.43 per share dividend on the outstanding common stock of the company for the second quarter of 2017.All dividends for the second quarter are payable on or before June 30, 2017, to shareholders of record on June 9, 2017.#####Forward-Looking StatementThe statements contained in this communication about our and our subsidiaries’ future performance, including, without limitation,more...