Public Service Enterprise Group Inc (PEG)

PSE&G Urges Customers To Prepare for Continued Extreme Heat and Potential Thunderstorms Through the Holiday WeekendJuly 3, 2026 7:30 AM
PR Newswire (US) NEWARK, N.J., July 3, 2026 /PRNewswire/ -- PSE&G is prepared for dangerous heat expected to continue through Saturday and the potential for strong thunderstorms over the holiday weekend. Customers are encouraged to take steps now to stay safe, manage their energy use and prepare for possible power outages. According to the National Weather Service, an Extreme Heat Warning remains in effect through Saturday evening. Isolated thunderstorms are possible Friday afternoon followed by a greater risk of widespread thunderstorms Saturday with additional storms possible on Sunday primarily across southern New Jersey. Strong winds can bring down trees and power lines, resulting in localized power outages."We continue to closely watch the forecast and are prepared to respond to any impacts from the extreme heat and forecasted thunderstorms this holiday weekend," said Paul Toscarelli, vice president, Electric Operations, PSE&G. "We've increased staffing, positioned crews across the service territory and secured the critical materials needed to respond safely and restore service as quickly as possible if outages occur."We encourage customers to prepare now by visiting pseg.com/StormSafety, knowing how to report an outage before one occurs and staying connected during severe weather.Our call center is prepared to handle increased call volume, and additional appliance service technicians and staff are available to respond to requests for air conditioning system repairs.How is PSE&G preparing for the heat wave?PSE&G prepares year-round for severe weather by strengthening and modernizing the electric system and positioning crews and resources to respond safely when extreme weather occurs. Continued investments in infrastructure have helped us remain one of the?nation's most reliable utility companies and strengthen the electric system for the customers and communities we serve.If outages occur, crews will assess damage and restore service safely, prioritizing repairs that restore power to the greatest number of customers as quickly as possible.How can you stay safe during extreme heat?Extreme heat and severe thunderstorms can create dangerous conditions. Customers are encouraged to:Stay hydrated and avoid prolonged outdoor activity during the hottest part of the day. Never leave children or pets in parked vehicles.Downed wires?should always be considered "live." Stay at least 30 feet away from downed wires, and don't go near the pole or anything touching the wire. Immediately contact PSE&G, at?1-800-436-PSEG (7734), via our mobile app or our?website, to report?downed wires?and dial 911?if an immediate hazard exists.Charge phones, medical devices and backup batteries before storms arrive.Secure outdoor furniture and other loose outdoor items.Keep flashlights and fresh batteries readily available.To prevent carbon monoxide poisoning, do not operate gasoline-powered generators inside a home, garage or other enclosed space.Customers who rely on electricity to operate life-sustaining medical equipment should notify PSE&G in advance by visiting pseg.com/life or calling 1-800-436-7734, and should have a backup plan in the event of an outage.For additional storm preparedness information, visit pseg.com/StormSafety.How can you track and manage your energy use?Air conditioners work harder during periods of prolonged heat, increasing household energy use. Customers can help reduce their energy use by:Raising the thermostat a few degrees when away from home.Using ceiling fans to circulate cool air.Closing blinds and curtains on sun-facing windows.Replacing or cleaning HVAC air filters regularly.Customers can also use energy efficiency programs to manage and reduce usage. For tips, rebates, and to sign up for an energy efficiency audit, visit pseg.com/energyefficiency or pseg.com/saveenergy, or shop at marketplace.pseg.com.Customers can also track and monitor their electricity use with MyMeter through My Account or the PSE&G mobile app.Customers who need help paying their energy bill can learn about available assistance programs, including LIHEAP, SHARES, Equal Payment Plan and Deferred Payment Arrangements, at pseg.com/help.Stay connectedReport an outage and receive status updates by texting OUT to 4PSEG (47734), through our app, on our website at?pseg.com/myaccount, or call?PSE&G at?1-800-436-PSEG (7734).??Visit PSE&G's Outage Map for the latest outage updates, restoration?times?and crew locations across New Jersey at?pseg.com/outagecenter.??Customers needing HVAC system?repair, schedule an appointment via?pseg.com/myaccount?or call?1-800-350-PSEG (7734).Customers can also follow @PSEGdelivers on X and @PSEG on Facebook and Instagram for updates during severe weather.About PSE&G
Public Service Electric & Gas Co. is New Jersey's oldest and largest gas and electric delivery public utility, as well as one of the nation's largest utilities. PSE&G has won the ReliabilityOne® Award for superior electric system reliability in the Mid-Atlantic region for 24 consecutive years. In 2025, for the fourth consecutive year, J.D. Power named PSE&G number one in customer satisfaction for residential electric service in the East among large utilities. PSE&G is a subsidiary of Public Service Enterprise Group Inc., (PSEG) (NYSE:PEG), a predominantly regulated infrastructure company named to the Dow Jones Best in Class Index for North America for 18 consecutive years (www.pseg.com). CONTACT:Media Relations
DL-ENT-pseg.communications@pseg.com View original content to download multimedia:https://www.prnewswire.com/news-releases/pseg-urges-customers-to-prepare-for-continued-extreme-heat-and-potential-thunderstorms-through-the-holiday-weekend-302817599.htmlSOURCE Public Service Electric & Gas Company (PSE&G) Original: PSE&G Urges Customers To Prepare for Continued Extreme Heat and Potential Thunderstorms Through the Holiday Weekend

PSE&G is Ready for 100-Degree Heat This Week: How to Stay Safe, Be Energy Smart and Report OutagesJune 30, 2026 7:30 AM
PR Newswire (US) With temperatures topping 100 degrees across New Jersey this week, here's how to stay cool, reduce and track your energy usage, and get help with your billNEWARK, N.J., June 30, 2026 /PRNewswire/ -- With temperatures expected to climb to over 100 degrees for several consecutive days this week, PSE&G is prepared to respond and is encouraging customers to take steps now to stay safe, conserve energy and manage their bills. According to the National Weather Service, temperatures in the upper 90s and over 100 degrees are expected throughout this week, which can increase energy use leading to potentially higher bills as well as increase the potential for power outages.How is PSE&G preparing for the heat wave?PSE&G strengthens and modernizes its system year-round from the large transmission lines that carry power to substations, to the wires that run down each street, and prepares its workforce to deliver power safely when extreme weather hits. By continually investing in the electric system and preparing our workforce, we are building a more resilient system and maintaining the high level of reliability our customers and communities expect."Each year, PSE&G strengthens and modernizes our system and prepares our workforce to deliver power safely when extreme weather hits," said Paul Toscarelli, vice president, electric operations, PSE&G. "This year has already seen several heat waves, which put real stress on both people and the electric system. This is part of the long-term preparation we do as one of the nation's most reliable utilities."PSE&G relies on the regional grid operator PJM to ensure the flow of adequate electric supply to meet customer demand all year long and when extreme weather hits. On June 26, PJM issued a hot weather alert that can be found here: Hot Weather Alerts Issued for June 29 to July 3 Ahead of Expected Heat Wave.How can you stay safe during extreme heat?Before the temperature rises, know how to stay safe and comfortable while keeping energy use in check.Tips to Stay Safe in the Heat:Stay hydrated; avoid alcohol and caffeineAvoid overexertion, especially between 11 a.m. and 6 p.m.Never leave children or pets in enclosed vehiclesKnow the signs of heat exhaustion and act quicklyWear light, loose-fitting clothing and avoid dark colorsIf anyone in the household relies on electricity to operate life-sustaining medical equipment, notify PSE&G at 1-800-436-7734 or pseg.com/life. Customers should also have a backup plan in case of an outage. For more heat safety tips, visit RedCross.org.Why do energy bills rise in hot weather?Cooling a home uses far more electricity as outdoor temperatures climb: Cooling your home to 75 degrees when it's 95 degrees outside takes 300% more electricity than when it's 85 degrees outside.That's why hot weather usually means higher energy use, as air conditioners run longer and harder.How can you lower your energy use this week?5 ways to cut energy use during the heat wave:Raise your thermostat when you're not homeUse ceiling fans to circulate air (counterclockwise in summer)Close blinds on sun-facing windowsRun appliances in early morning or late eveningReplace air filters monthlyMany PSE&G customers also use energy efficiency programs to manage and reduce usage. For tips, rebates, and to sign up for an energy efficiency audit, visit pseg.com/energyefficiency or pseg.com/saveenergy, or shop at marketplace.pseg.com.How do you track your energy use?MyMeter lets you view your electricity use in intervals from 15 minutes to monthly summaries, so you can track and manage usage across your billing cycle. To use MyMeter, log in to My Account online or in the PSE&G mobile app and select MyMeter.Stay Connected During OutagesPSE&G prepares for summer storms with additional crews to respond safely and quickly. Keep PSE&G's contact information handy to stay connected during extreme weather:Text OUT to 4PSEG (47734)Download the PSE&G mobile appVisit: pseg.com/outagecenterCall: 1-800-436-PSEG (7734)Follow: @PSEGdelivers on X and @PSEG on Facebook and InstagramWhat help is available if you need help paying your bill?PSE&G works with customers, nonprofits and community organizations to share energy assistance options. Customers may qualify for help based on criteria such as income eligibility — for example, the Low Income Home Energy Assistance Program (LIHEAP), or SHARES for customers facing a temporary financial crisis.PSE&G also offers bill-management tools, including the Equal Payment Plan and Deferred Payment Arrangements. The Equal Payment Plan estimates annual energy costs and divides them into 12 equal monthly payments, so monthly spending is more predictable. Deferred Payment Arrangements let customers pay down past-due balances over an agreed period.For more on payment assistance, visit pseg.com/help.About PSE&G Public Service Electric & Gas Co. is New Jersey's oldest and largest gas and electric delivery public utility, as well as one of the nation's largest utilities. PSE&G has won the ReliabilityOne(r) Award for superior electric system reliability in the Mid-Atlantic region for 24 consecutive years. In 2025, for the fourth consecutive year, J.D. Power named PSE&G number one in customer satisfaction for residential electric service in the East among large utilities. PSE&G is a subsidiary of Public Service Enterprise Group Inc., (PSEG) (NYSE:PEG), a predominantly regulated infrastructure company named to the Dow Jones Best in Class Index for North America for 18 consecutive years (www.pseg.com).CONTACTS:
Media Relations
DL-ENT-pseg.communications @ksnider-7734  View original content to download multimedia:https://www.prnewswire.com/news-releases/pseg-is-ready-for-100-degree-heat-this-week-how-to-stay-safe-be-energy-smart-and-report-outages-302814400.htmlSOURCE Public Service Electric & Gas Company (PSE&G) Original: PSE&G is Ready for 100-Degree Heat This Week: How to Stay Safe, Be Energy Smart and Report Outages

NYSE Content Update: NYSE Partner Reindustrialize Kicks Off Summit from DetroitJune 16, 2026 8:55 AM
PR Newswire (US) NYSE issues a pre-market daily advisory direct from the trading floor.NEW YORK, June 16, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.  Ashley Mastronardi delivers the pre-market update on June 16thThe Dow aims to build off a fresh record after President Trump said the U.S. and Iran agreed to a deal over the weekend.Reindustrialize Co-founder Austin Bishop will join NYSE Live to take viewers through how this week's Summit will achieve the mission of revitalizing America's industrial strength.OpenLoop rolls out its Launchpad solution:The company says the offering will enable brands to build fully compliant virtual care platforms in just 24 hours.C-founder and CEO John Lensing will join NYSE Live to explain how it addresses a 'missing piece' in the healthcare sector.Opening Bell
PSE&G (NYSE: PEG) recognizes more than 120 years of delivering safe and reliable energyClosing Bell
Equinor (NYSE: EQNR) celebrates its 25th anniversary of listingFor market insights, IPO activity, and today's opening bell, download the NYSE TV App: TV.NYSE.com View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/nyse-content-update-nyse-partner-reindustrialize-kicks-off-summit-from-detroit-302801714.html Original: NYSE Content Update: NYSE Partner Reindustrialize Kicks Off Summit from Detroit

PSEG Long Island Is Prepared for Summer 2026June 9, 2026 8:15 AM
PR Newswire (US) UNIONDALE, N.Y., June 9, 2026 /PRNewswire/ -- With summer arriving, PSEG Long Island is prepared for hurricane season and to meet peak electrical demand during extreme heat in the coming months. While PSEG Long Island cannot control the weather, and storms will cause outages, the company has incorporated numerous enhancements and upgrades to the electric grid, its systems and its storm processes, making it the most reliable overhead electric service provider in New York State.Experience the full interactive Multichannel News Release here: https://www.multivu.com/pseg-long-island/9398751-en-pseg-long-island-hurricane-and-summer-season-2026-preparation"PSEG Long Island personnel evaluate the system, plan and make improvements all year round to ensure the grid is ready for summer's extreme weather conditions," said Michael Sullivan, vice president of Electric Operations at PSEG Long Island.Click here to read the full text of the press release.Electric Infrastructure Improvements
Across Long Island and the Rockaways, PSEG Long Island has prepared the electric infrastructure by focusing on substation, and transmission and distribution improvements, as well as by performing circuit and equipment inspections using helicopters and infrared technology.Storm Hardening
Since 2014, PSEG Long Island has storm hardened more than 1,400 miles of distribution circuits with stronger poles, stronger wire and narrower crossarms that more easily deflect falling tree limbs.From the first quarter of 2025 through the first quarter of 2026, the sections of circuits that are storm hardened have seen a 45% reduction in damage leading to outages compared to the rest of the distribution system.To further improve reliability and maintain affordability this year, PSEG Long Island has utilized FEMA funding to install 8,500 "automatic branch line reclosers" on many of its distribution circuits, bringing the total count of automatic branch line reclosers up to 10,000 units across the electrical system by the end of the year.To view an embeddable video about automatic reclosers, click here.PSEG Long Island
PSEG Long Island operates the Long Island Power Authority's transmission and distribution system under a long-term contract. PSEG Long Island is a subsidiary of Public Service Enterprise Group Inc. (PSEG) (NYSE:PEG), a publicly traded diversified energy company.Visit PSEG Long Island at:
psegliny.com
PSEG Long Island on Facebook
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PSEG Long Island on X (formerly Twitter)
PSEG Long Island on LinkedIn
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PSEG Long Island on FlickrContact: Media Relations Pager
516.229.7248
mediarelationsLI@psegliny.com  P  View original content:https://www.prnewswire.com/news-releases/pseg-long-island-is-prepared-for-summer-2026-302794480.htmlSOURCE PSEG Long Island Original: PSEG Long Island Is Prepared for Summer 2026

PSE&G Proposes Lowering Gas Bills by 5% - Maintaining the Lowest Gas Bills in the State and RegionJune 5, 2026 8:30 AM
PR Newswire (US) Residential customers continue to benefit from the region's lowest gas supply rates as a result of cost management, long-term planning and operational excellence.NEWARK, N.J., June 5, 2026 /PRNewswire/ -- PSE&G today announced a filing to lower residential gas heating bills by 5% effective October 1, 2026. Despite a volatile natural gas market during this past winter, PSE&G's strategic and long-term planning efforts have helped maintain the lowest bills in the state and region. This reinforces the company's commitment to providing safe, reliable and cost-effective energy to nearly 1.9 million gas customers across New Jersey and caring for our customers. Long before colder temperatures arrive, PSE&G is working on behalf of customers to help keep winter heating costs as stable and predictable as possible. Throughout the year, teams monitor energy markets, forecast customer demand and secure natural gas in advance of peak heating season. PSE&G's long-term planning approach to natural gas procurement helps reduce exposure to market volatility and supports more predictable energy costs for customers when they need heating the most.As a result, customers continue to benefit from the lowest residential gas bills in the region and greater protection from the price volatility that can impact energy markets."Keeping energy affordable for our customers requires planning, discipline and a long-term approach," said Brian Clark, Senior Vice President of Gas Operations. "By securing supply in advance, maintaining access to valuable storage resources and managing costs responsibly, we're able to help customers avoid many of the market swings that can lead to higher winter heating bills."Planning Today with Customers in MindNatural gas demand is highly seasonal, with approximately two-thirds of residential gas usage occurring between December and March.Rather than purchasing gas only during periods of peak demand—when prices are often highest—PSE&G purchases much of its supply months or even years in advance.This long-term approach helps lower costs, reduce exposure to market spikes and provide customers with more predictable gas bills during the winter months.A Long-Term Advantage for CustomersOne of the ways PSE&G helps manage costs is through long-standing access to natural gas storage resources. By purchasing gas when market prices are lower and storing it for future use, PSE&G can better manage supply during periods of higher demand. For customers, that means added protection from sudden price increases and a more stable gas supply cost over time.Reliable Supply, Closer to HomePSE&G also benefits from sourcing approximately 90% of its residential gas supply from the Marcellus Shale region in Pennsylvania, one of the nation's largest and most cost-effective natural gas-producing areas.Because the supply is located close to New Jersey, transportation costs are lower and the company is less exposed to disruptions that can affect more distant supply sources. Combined with a diverse network of pipelines and suppliers, this strategy helps strengthen reliability while keeping costs in check.Delivering Value Every DayBehind every customer's bill is a year-round effort by employees across PSE&G who plan with care, procure, operate and maintain the systems that deliver natural gas safely. This helps ensure that our customers have safe, reliable gas during the coldest winter temperatures.Much of this work takes place long before winter arrives, but its impact is felt when customers need it most: through reliable service, more stable energy costs and the lowest gas bills in the region.For more on how we work to deliver the region's lowest cost, high quality gas service to customers, read: How PSE&G keeps residential gas bills low. About PSE&GPublic Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers. PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. PSEG aims to power a future where people use energy more efficiently, and it's safer and delivered more reliably than ever. PSEG is a member of the S&P 500 Index and has been named to the Dow Jones Sustainability North America Index for 17 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).CONTACTS:
Investor RelationsMedia Relationspseg-investorrelations@pseg.comDL-ENT-pseg.communications@pseg.com



View original content to download multimedia:https://www.prnewswire.com/news-releases/pseg-proposes-lowering-gas-bills-by-5--maintaining-the-lowest-gas-bills-in-the-state-and-region-302792642.htmlSOURCE Public Service Electric & Gas Company (PSE&G) Original: PSE&G Proposes Lowering Gas Bills by 5% - Maintaining the Lowest Gas Bills in the State and Region

PSEG Foundation Continues Legacy of Supporting Communities and Invites New Jersey and Long Island Nonprofits to Apply for Neighborhood Partners Program GrantsMay 18, 2026 8:30 AM
PR Newswire (US) The 2026 Neighborhood Partners Program will distribute $1.2 million to programs providing utility assistance, food support and critical community services NEWARK, N.J., May 18, 2026 /PRNewswire/ -- The PSEG Foundation continues its legacy of building thriving communities by inviting New Jersey and Long Island based nonprofits to apply for its 2026 Neighborhood Partners Program (NPP). This year, the program will award $1.2 million to organizations that help families and communities access critical services and resources. Applications for the program will be open from June 1 through June 30, 2026, with grants ranging from $500 to $15,000. The Neighborhood Partners Program reflects the PSEG Foundation's ongoing work to care for the communities served by PSEG. This year, funding will prioritize organizations whose programs help families through food assistance, workforce development, support for housing and wraparound support services. Since the program's inception in 2014, more than $9.8 million in funding has impacted over 825 organizations across New Jersey and Long Island, including $8.9 million invested in New Jersey.This program has strengthened critical community programs. More than $600,000 has been directed to initiatives addressing food insecurity; over $3.7 million to health and human service organizations; and nearly $2.4 million to programs supporting students through STEAM education, out of school time learning and youth development. In addition, more than $1.2 million has been invested in environmental conservation and stewardship and environmental education."At PSEG, caring for our communities means elevating organizations that help people access essential services and navigate everyday challenges," said Calvin Ledford Jr., President, PSEG Foundation and Director of Corporate Social Responsibility at PSEG. "Through the Neighborhood Partners Program, we're proud to partner with nonprofits that create meaningful, lasting change in the communities we serve. At a time when many families need support, we are grateful to the organizations that continue to provide care and stability to those in need every day."Nonprofits will be selected based upon demonstrated program effectiveness and their ability to advance affordability, community wellbeing, economic empowerment and environmental sustainability."For more than a decade, the Neighborhood Partners Program has partnered with nonprofit organizations across New Jersey and Long Island to strengthen care for the communities we serve every day," said Maria Spina, Senior Manager, PSEG Foundation & Corporate Social Responsibility. "Through consistent support and capacity-building investments, we help trusted local organizations address critical needs from easing the financial burden caused by rising costs of living to expanding access to vital community resources. We see firsthand the meaningful impact these local organizations make in their communities, and we are proud to provide funding to  programs that promote community well-being, economic resilience and long-term opportunity.""We are most grateful for our partnership with the PSEG Foundation, as well as the PSEG Payment Assistance teams we work closely with, since we serve as the state's Home Energy Assistance Hotline. NJ 211 connects New Jersey residents with the help they need, including utility assistance and many other health and human service essentials. Our service aligns extremely well with the PSEG Foundation Neighborhood Partner Program's commitment to economic empowerment," said Melissa Acree, Chief Executive Officer of NJ 211. "NJ 211 can connect people to multiple safety net programs that provide relief, but many people are unaware that they can turn to us for help. Thanks to a generous grant from the PSEG Foundation, we were able to increase awareness of NJ 211 by participating in multiple community events and distributing over 5,000 pieces of educational material. The grant also makes rides available to those needing in-person help with their utility assistance applications but have no option for transportation.""Through our mission at the Trenton Area Soup Kitchen (TASK), we are committed to ensuring that families across our community have reliable access to nutritious meals and the supportive services they need to build stability and thrive. Support from PSEG and the PSEG Foundation, through the Neighborhood Partners Program, has strengthened critical initiatives like TASK's community kitchen, food truck and community meal site program," said Amy R. Flynn, Chief Executive Officer of TASK. "Together, we are overcoming the barriers that contribute to food insecurity, ensuring that everyone in our community who needs a meal has access to one. This partnership reflects a shared commitment to strengthening our communities, and TASK is grateful to PSEG and the Foundation for investing in the long-term wellbeing of our neighbors in need."Organizations interested in applying for the Neighborhood Partners Program can visit the PSEG Foundation website. Grant recipients will be announced on a rolling basis.The PSEG's Foundations Mission, Vision and PillarsThe work of the PSEG Foundation extends far beyond the Neighborhood Partners Program, reflecting broader efforts to strengthen resilience and improve quality of life in the communities PSEG serves. Over the past 25 years, the PSEG Foundation has awarded about $138 million to nonprofit and community organizations.Guided by its vision to be a trusted partner that makes communities better places to live and work, the Foundation invests in nonprofit organizations that deliver measurable impact across New Jersey and Long Island. Its mission is centered on strengthening community resilience through initiatives focused on environmental sustainability, community well-being, disaster recovery, education and economic mobility. The Foundation manages this work with a focus on operational excellence and meaningful community impact.These efforts are anchored in three core pillars:Community Well-BeingEnvironmental SustainabilityEconomic EmpowermentThrough these pillars, the PSEG Foundation partners with organizations that advance opportunity, support essential services and build long-term community strength. This work includes collaborations with trusted partners such as Sustainable Jersey, Sesame Workshop, the Stevens Institute of Technology and Montclair State University, demonstrating its commitment to innovative, community-focused solutions.For questions about the NPP or other Foundation programs, please contact CorporateCitizenship@pseg.com.About PSEG Foundation
The PSEG Foundation, a separate 501(c)(3), that is supported and fully funded by Public Service Enterprise Group (PSEG) (NYSE:PEG), prioritizes investments in promoting community well-being, environmental sustainability and economic empowerment.About PSEG
Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers.  PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. PSEG aims to power a future where people use energy more efficiently, and it's safer and delivered more reliably than ever. PSEG is a member of the S&P 500 Index and has been named to the Dow Jones Best in Class North America Index for 18 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).CONTACT: Media Relations, DL-ENT-pseg.communications @ksnider-7734  View original content to download multimedia:https://www.prnewswire.com/news-releases/pseg-foundation-continues-legacy-of-supporting-communities-and-invites-new-jersey-and-long-island-nonprofits-to-apply-for-neighborhood-partners-program-grants-302774614.htmlSOURCE PSEG Original: PSEG Foundation Continues Legacy of Supporting Communities and Invites New Jersey and Long Island Nonprofits to Apply for Neighborhood Partners Program Grants

PSEG ANNOUNCES FIRST QUARTER 2026 RESULTSMay 5, 2026 7:30 AM
PR Newswire (US) $1.48 PER SHARE NET INCOME$1.55 PER SHARE NON-GAAP OPERATING EARNINGSMaintains 2026 Non-GAAP Operating Earnings Guidance of $4.28 - $4.40 Per ShareNEWARK, N.J., May 5, 2026 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported the following results for the first quarter 2026:  PSEG Consolidated (unaudited)
First Quarter Comparative Results

IncomeEarnings Per Share ($ millions, except per share amounts)1Q 20261Q 20251Q 20261Q 2025Net Income $741$589$1.48$1.18  Reconciling Items 371290.070.25Non-GAAP Operating Earnings$778$718$1.55$1.43  Average Shares Outstanding (Diluted)    

500500
See Attachments 7 and 8 for a complete list of items excluded from Net Income in the determination of non-GAAP Operating Earnings."PSEG delivered a solid operating and financial performance to begin the year," said Ralph LaRossa, PSEG's chair, president and CEO. "Our teams across PSE&G and PSEG Power successfully responded to multiple extreme weather events during the first quarter. These included the worst winter storm to hit our service territory in the past 30 years and several days of single digit temperatures that prompted our highest gas send-out since 2019. PSEG's investments in critical energy infrastructure and our dedicated workforce that worked tirelessly to restore service in frigid conditions proved to be the key factors in our ability to deliver best-in-class storm response and reliability." "PSEG has worked with the Governor's Office and the New Jersey Board of Public Utilities to keep electric rates flat in 2026, in keeping with Governor Sherrill's Executive Orders 1 & 2 addressing utility costs and generation supply. PSE&G rates will also benefit from the update to reflect the latest Basic Generation Service auction results effective on June 1. On February 1st, we also kept our residential natural gas rate flat for the remainder of the 2025-2026 winter heating season, providing our customers with the lowest gas bills in New Jersey and in the region. PSEG Nuclear also had a strong first quarter, supplying 8 TWh of reliable, carbon-free baseload energy to New Jersey and the grid." LaRossa added, "We continue to execute on our long-term strategy to grow PSEG's non-GAAP Operating Earnings by a compound annual rate of 6% to 8% through 2030 – without the need to issue new equity or sell assets – which remains a core differentiator from our peers."PSEG Results by Segment (unaudited)
First Quarter Comparative Results 
($ millions)1Q 2026 1Q 2025 PSE&G Net Income/Non-GAAP Operating Earnings$577$546PSEG Power & Other Net Income 16443Total PSEG Net Income  $741$589


PSEG Power & Other Non-GAAP Operating Earnings  $201$172Total PSEG Non-GAAP Operating Earnings    $778$718PSE&G's results for the first quarter reflect ongoing investments in Energy Efficiency, Gas System Modernization and Transmission; the seasonality of gas demand during the winter months; and the continued, gradual increase in the number of electric and gas customers. These results were partially offset by higher operation and maintenance costs as well as higher depreciation and interest expense related to incremental investments.PSEG Power & Other results for the quarter reflect higher realized prices and lower operation and maintenance costs, partly offset by lower generating volume and the absence of zero emission certificates. PSEG will host a conference call to review its first quarter 2026 results, earnings guidance, and other matters with the financial community at 11:00 a.m. ET today.  Please register to access this event by visiting: https://investor.pseg.com/investor-news-and-eventsMedia Relations:                                                        Investor Relations:(973) 430-7734                                                           (973) 430-6565DL-ENT-pseg.communications@pseg.com                     PSEG-IR-GeneralInquiry@pseg.com About PSEGPublic Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers. PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. PSEG aims to power a future where people use energy more efficiently, and it's safer and delivered more reliably than ever. PSEG is a member of the S&P 500 Index and has been named to the Dow Jones Best-in-Class North America Index for 18 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).Non-GAAP Financial MeasuresManagement uses non-GAAP Operating Earnings in its internal analysis, and in communications with investors and analysts, as a consistent measure for comparing PSEG's financial performance to previous financial results. Operating Earnings is a non-GAAP financial measure that differs from Net Income. Non-GAAP Operating Earnings exclude the impact of gains (losses) associated with the Nuclear Decommissioning Trust (NDT), Mark-to-Market (MTM) accounting and other material infrequent items.See Attachments 7 and 8 for a complete list of items excluded from Net Income in the determination of non-GAAP Operating Earnings. The presentation of non-GAAP Operating Earnings is intended to complement and should not be considered an alternative to the presentation of Net Income, which is an indicator of financial performance determined in accordance with GAAP. In addition, non-GAAP Operating Earnings as presented in this report may not be comparable to similarly titled measures used by other companies.Due to the forward-looking nature of non-GAAP Operating Earnings guidance, PSEG is unable to reconcile this non-GAAP financial measure to the most directly comparable GAAP financial measure because comparable GAAP measures are not reasonably accessible or reliable due to the inherent difficulty in forecasting and quantifying measures that would be required for such reconciliation. Namely, we are not able to reliably project without unreasonable effort MTM and NDT gains (losses), for future periods due to market volatility. These items are uncertain, depend on various factors, and may have a material impact on our future GAAP results.Forward-Looking StatementsCertain of the matters discussed in this report about our and our subsidiaries' future performance, including, without limitation, future revenues, earnings, strategies, prospects, consequences, and all other statements that are not purely historical constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such statements are based on management's beliefs as well as assumptions made by and information currently available to management. When used herein, the words "anticipate," "intend," "estimate," "believe," "expect," "plan," "should," "hypothetical," "potential," "forecast," "project," variations of such words and similar expressions are intended to identify forward-looking statements. Factors that may cause actual results to differ are often presented with the forward-looking statements themselves. Other factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are discussed in filings we make with the United States Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K and subsequent reports on Form 10-Q and Form 8-K. These factors include, but are not limited to:any inability to successfully develop, obtain regulatory approval for, or construct transmission and distribution, and our nuclear generation projects;significant resource adequacy challenges that present affordability and reliability concerns and that could cause
policymakers to implement responsive measures that could have a material, adverse impact on our business, strategy, growth rates, cash flows, results of operations, and financial condition and increase regulatory uncertainty for utility investment initiatives and programs;the physical, financial and transition risks related to climate change, including risks relating to potentially increased legislative and regulatory burdens, changing customer preferences and lawsuits;any equipment failures, gas explosions, accidents, critical operating technology or business system failures, natural disasters, severe weather events, acts of war, terrorism or other acts of violence, sabotage, physical attacks or security breaches, cyberattacks or other incidents that may impact our ability to provide safe and reliable service to our customers;any inability to recover the carrying amount of our long-lived assets;disruptions or cost increases in our supply chain, including labor shortages;any inability to maintain sufficient liquidity or access sufficient capital on commercially reasonable terms;the impact of cybersecurity attacks or intrusions or other disruptions to our information technology, operational or other systems;failure to attract and retain a qualified workforce;increases in the costs of equipment, materials, fuel, services and labor;the impact of our covenants in our debt instruments and credit agreements on our business;adverse performance of our defined benefit plan trust funds and Nuclear Decommissioning Trust Fund and increases in funding requirements;any inability to enter into or extend certain significant contracts;development, adoption and use of Artificial Intelligence by us and our third-party vendors;fluctuations in, or third-party default risk in wholesale power and natural gas markets, including the potential impacts on the economic viability of our generation units;the ability to obtain adequate nuclear fuel supply;changes in technology related to energy generation, distribution and consumption and changes in customer usage patterns;third-party credit risk relating to our sale of nuclear generation output and purchase of nuclear fuel;any inability to meet our commitments under forward sale obligations and Regional Transmission Organization rules;risks associated with generation activities at, and operation of, the Peach Bottom plants, which are similar to those to which nuclear generation plants that we operate are subject;the impact of changes in state and federal legislation and regulations on our business, including PSE&G's ability to recover costs and earn returns on authorized investments;PSE&G's proposed investment projects or programs may not be fully approved by regulators and its capital investment may be lower than planned;our ability to receive sufficient financial support for our New Jersey nuclear plants from the markets, and/or production tax credits;adverse changes in and non-compliance with energy industry laws, policies, regulations and standards, including market structures and transmission planning and transmission returns;risks associated with our ownership and operation of nuclear facilities, including increased nuclear fuel storage costs, regulatory risks, such as compliance with the Atomic Energy Act and trade control, environmental and other regulations, as well as operational, financial, environmental and health and safety risks;changes in or violation of federal, state and local environmental laws and regulations and enforcement;delays in receipt of, or an inability to receive, necessary licenses and permits and siting approvals; andchanges in tax laws and regulations.All of the forward-looking statements made in this report are qualified by these cautionary statements and we cannot assure you that the results or developments anticipated by management will be realized or even if realized, will have the expected consequences to, or effects on, us or our business, prospects, financial condition, results of operations or cash flows. Readers are cautioned not to place undue reliance on these forward-looking statements in making any investment decision. Forward-looking statements made in this report apply only as of the date of this report. While we may elect to update forward-looking statements from time to time, we specifically disclaim any obligation to do so, even in light of new information or future events, unless otherwise required by applicable securities laws.The forward-looking statements contained in this report are intended to qualify for the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
From time to time, PSEG and PSE&G release important information via postings on their corporate Investor Relations website at https://investor.pseg.com. Investors and other interested parties are encouraged to visit the Investor Relations website to review new postings. You can sign up for automatic email alerts regarding new postings at the bottom of the webpage at https://investor.pseg.com or by navigating to the Email Alerts webpage here. The information on https://investor.pseg.com and https://investor.pseg.com/resources/email-alerts/default.aspx is not incorporated herein and is not part of this press release or the Form 8-K to which it is an exhibit.
 









Attachment 1Public Service Enterprise Group IncorporatedConsolidating Statements of Operations(Unaudited, $ millions, except per share data)














Three Months Ended March 31, 2026














PSEG
Eliminations
PSE&G
PSEG Power
& Other(a)










OPERATING REVENUES  
$          3,848
$                 (653)
$           3,085
$          1,416










OPERATING EXPENSES








Energy Costs
1,507
(653)
1,358
802
Operation and Maintenance
937
-
637
300
Depreciation and Amortization
329
-
295
34

  Total Operating Expenses
2,773
(653)
2,290
1,136










OPERATING INCOME
1,075
-
795
280










Net Gains (Losses) on Trust Investments
(17)
-
-
(17)Net Other Income (Deductions)
43
-
19
24Net Non-Operating Pension and OPEB Credits (Costs)
19
-
17
2Interest Expense
(272)
-
(175)
(97)










INCOME BEFORE INCOME TAXES 
848
-
656
192










Income Tax Expense
(107)
-
(79)
(28)










NET INCOME
$             741
$                       -
$              577
$             164
Reconciling Items Excluded from Net Income(b)
37
-
-
37OPERATING EARNINGS (non-GAAP)
$             778
$                       -
$              577
$             201










Earnings Per Share


















NET INCOME
$            1.48






Reconciling Items Excluded from Net Income(b)
0.07





OPERATING EARNINGS (non-GAAP)
$            1.55































Three Months Ended March 31, 2025














PSEG
Eliminations
PSE&G
PSEG Power
& Other(a)










OPERATING REVENUES  
$          3,222
$                 (534)
$           2,664
$          1,092










OPERATING EXPENSES








Energy Costs
1,186
(534)
1,094
626
Operation and Maintenance
919
-
576
343
Depreciation and Amortization
320
-
280
40

  Total Operating Expenses
2,425
(534)
1,950
1,009










OPERATING INCOME
797
-
714
83










Net Gains (Losses) on Trust Investments
8
-
-
8Net Other Income (Deductions)
37
(1)
16
22Net Non-Operating Pension and OPEB Credits (Costs)
16
-
17
(1)Interest Expense
(241)
1
(157)
(85)










INCOME BEFORE INCOME TAXES 
617
-
590
27










Income Tax (Expense) Benefit
(28)
-
(44)
16










NET INCOME
$             589
$                       -
$              546
$               43
Reconciling Items Excluded from Net Income(b)
129
-
-
129OPERATING EARNINGS (non-GAAP)
$             718
$                       -
$              546
$             172










Earnings Per Share


















NET INCOME
$            1.18






Reconciling Items Excluded from Net Income(b)
0.25





OPERATING EARNINGS (non-GAAP)
$            1.43



























(a) Includes activities at PSEG Power, PSEG Long Island, Energy Holdings, PSEG Services Corporation and the Parent.





(b) See Attachments 7 and 8 for details of items excluded from Net Income to compute Operating Earnings (non-GAAP). 







Attachment 2

Public Service Enterprise Group Incorporated

Capitalization Schedule

(Unaudited, $ millions)























March 31,
December 31,





2026
2025
DEBT







Commercial Paper and Loans

$                1,165
$                1,529

Long-Term Debt*

23,090
22,545


Total Debt

24,255
24,074


















STOCKHOLDERS' EQUITY






Common Stock

5,010
5,062

Treasury Stock

(1,475)
(1,435)

Retained Earnings

13,853
13,446

Accumulated Other Comprehensive Loss

(85)
(91)


Total Stockholders' Equity

17,303
16,982


Total Capitalization

$              41,558
$              41,056











*Includes current portion of Long-Term Debt




 


Attachment 3Public Service Enterprise Group IncorporatedCondensed Consolidated Statements of Cash Flows(Unaudited, $ millions)




 Three Months Ended March 31, 
2026
2025Cash Flows From Operating Activities


 Net Income$                       741
$                       589 Adjustments to Reconcile Net Income to Net Cash Flows


   From Operating Activities530
460Net Cash Provided By (Used In) Operating Activities1,271
1,049



Net Cash Provided By (Used In) Investing Activities(736)
(618)



Net Cash Provided By (Used In) Financing Activities(263)
345



Net Change in Cash, Cash Equivalents and Restricted Cash272
776



Cash, Cash Equivalents and Restricted Cash at Beginning of Period     156
154Cash, Cash Equivalents and Restricted Cash at End of Period$                       428
$                       930 



 Attachment 4Public Service Electric & Gas Company
 Retail Sales 
(Unaudited)
March 31, 2026







Electric Sales














Three Months
Change vs.

Sales (millions kWh)Ended
2025

Residential3,490
6 %

Commercial & Industrial6,784
3 %

Other97
(4 %)

Total10,371
4 %












Gas Sold and Transported














Three Months
Change vs.

Sales (millions therms)Ended
2025

Firm Sales




Residential Sales792
6 %

Commercial & Industrial511
3 %

Total Firm Sales1,303
5 %







Non-Firm Sales*




Commercial & Industrial161
24 %

Total Non-Firm Sales161









Total Sales1,464
7 %







*Contract Service Gas rate included in non-firm sales








Weather Data*








Three Months
Change vs.


Ended
2025

Degree Days - Actual2,561
8 %

Degree Days - Normal2,451










*Winter weather as defined by heating degree days (HDD) to serve as a measure for the need for heating. For each day, HDD is calculated as HDD = 65°F – the average hourly daily temperature. The measures use data provided by the National Oceanic and Atmospheric Administration based on readings from Newark Liberty International Airport. Comparisons to normal are based on twenty years of historic data.
 



Attachment 5







Nuclear Generation Measures

(Unaudited)












GWh Breakdown












Three Months Ended



March 31,



2026
2025

Nuclear - NJ          5,092
5,464

Nuclear - PA2,897
2,891



7,989
8,355

 






Attachment 6Public Service Enterprise Group IncorporatedStatistical Measures(Unaudited)






















Three Months Ended March 31,




2026
2025Weighted Average Common Shares Outstanding (millions)     



Basic


499
498
Diluted


500
500







Stock Price at End of Period

$80.95
$82.30







Dividends Paid per Share of Common Stock 
$0.67
$0.63







Dividend Yield


3.3 %
3.1 %







Book Value per Common Share

$34.75
$32.83








Market Price as a Percent of Book Value

233 %
251 % 




Attachment 7Public Service Enterprise Group IncorporatedConsolidated Operating Earnings (non-GAAP) Reconciliation






Reconciling ItemsThree Months EndedMarch 31,20262025


($ millions, Unaudited)






Net Income

$          741
$       589

(Gain) Loss on Nuclear Decommissioning Trust (NDT) 





Fund Related Activity, pre-tax
6
(12)

(Gain) Loss on Mark-to-Market (MTM), pre-tax(a)
41
188

Income Taxes related to Operating Earnings (non-GAAP) reconciling items(b)     
(10)
(47)
Operating Earnings (non-GAAP)
$          778
$       718








PSEG Fully Diluted Average Shares Outstanding (in millions)
500
500


($ Per Share Impact -
Diluted, Unaudited)






Net Income

$         1.48
$      1.18

(Gain) Loss on NDT Fund Related Activity, pre-tax
0.01
(0.03)

(Gain) Loss on MTM, pre-tax(a)
0.08
0.38

Income Taxes related to Operating Earnings (non-GAAP) reconciling items(b)
(0.02)
(0.10)
Operating Earnings (non-GAAP)
$         1.55
$      1.43















(a) Includes the financial impact from positions with forward delivery months.





(b) Income tax effect calculated at the statutory rate except for qualified NDT related activity, which records an additional 20% trust tax on income (loss) from qualified NDT Funds.
 





Attachment 8
PSEG Power & Other Operating Earnings (non-GAAP) Reconciliation










Three Months Ended
Reconciling ItemsMarch 31,


20262025



($ millions, Unaudited)








Net Income
$          164
$         43


(Gain) Loss on NDT Fund Related Activity, pre-tax
6
(12)


(Gain) Loss on MTM, pre-tax(a)
41
188


Income Taxes related to Operating Earnings (non-GAAP) reconciling items(b)     
(10)
(47)

Operating Earnings (non-GAAP)
$          201
$       172










PSEG Fully Diluted Average Shares Outstanding (in millions)
500
500








(a) Includes the financial impact from positions with forward delivery months.





(b) Income tax effect calculated at the statutory rate except for qualified NDT related activity, which records an additional 20% trust tax on income (loss) from qualified NDT Funds.   View original content to download multimedia:https://www.prnewswire.com/news-releases/pseg-announces-first-quarter-2026-results-302762109.htmlSOURCE PSEG Original: PSEG ANNOUNCES FIRST QUARTER 2026 RESULTS

PSE&G Energy Efficiency Programs Help Customers Save Nearly $960 Million a YearApril 30, 2026 7:30 AM
PR Newswire (US)

Approximately 500,000 customers and nearly 22,000 businesses have made energy-saving upgrades that reduce costs, contribute to local economic activity and deliver long-term value across New Jersey communitiesNEWARK, N.J., April 30, 2026 /PRNewswire/ -- PSE&G's latest energy efficiency update shows continued progress in helping customers use energy more efficiently and manage utility bills. Since the launch of the current energy efficiency program in October 2020, approximately 500,000 customers have participated in PSE&G's programs through December 2025.







PSE&G programs are now delivering nearly $960 million in annual customer bill savingsi. The company has also provided approximately $1.4 billion in rebatesii to help reduce the upfront cost of energy-saving upgrades and products for residential and business customers. This represents real, tangible savings to participating customers, while also contributing to broader energy efficiency benefits that support the state as a whole.Helping Customers Manage Energy Use and Costs
Customers continue using energy efficiency tools to better manage their energy use and help keep energy costs as low as possible. Recent milestones include:More than 108,000 home energy assessments completedNearly 364,000 smart thermostats purchased through the PSE&G MarketplaceApproximately 154,000 rebates provided for energy efficient electric appliances and equipmentMore than 34,000 appliances responsibly recycledIn addition, more than 32,000 customers are enrolled in our Demand Response programsiii, receiving an upfront reward and helping to reduce strain on the electric grid a few times per year during peak demand periods, such as the hottest days of the year.Overall, these programs offer simple, practical ways to manage energy use, improve comfort and make informed decisions about lowering energy bills.Supporting New Jersey Businesses, Jobs and Local Economic Activity
Approximately 22,000 businesses, including small businesses, schools, municipalities and hospitals have completed nearly 35,000 energy-saving projects with PSE&G support. This includes work with more than 2,100 small businesses across the state. These projects help manage operating costs and free up resources that organizations can reinvest back into their operations and the communities they serve.Facing ongoing maintenance challenges and rising operating costs, the New Jersey Chamber of Commerce upgraded its historic headquarters through PSE&G's Direct Install Program, one of the many offerings within our broader business energy efficiency portfolio."Participating in the program allowed us to modernize our historic headquarters in a way that made sense for our operations and our budget," said Christine Lee, facilities manager for the New Jersey Chamber of Commerce. "Before the upgrades, we were dealing with ongoing repairs and inefficiencies that created real uncertainty, especially during the winter months. Today, the building is more comfortable, more reliable and more efficient, and we're able to focus our time and resources on serving our members. Over time, the savings from these upgrades will allow us to reinvest more back into our organization."These upgrades, and the ongoing work to deliver them, are supported by a network of more than 1,000 trade allies, including more than 100 union-affiliated contractors who help implement energy efficiency improvements for customers, supporting jobs and sustaining economic activity across New Jersey. To date, union labor has directly worked on more than $130 million in energy efficiency investments.Additionally, our energy efficiency programs have supported more than 9,300 clean energy careersiv, helping to build and sustain a skilled local workforce.Community and Environmental Impact
Customer actions are also driving measurable environmental gains across communities. Current results show approximately 3.3 million MWh in annual electric savings and 83 million therms in annual natural gas savings. Together, these efforts help avoid more than 2.4 million metric tons of carbon emissions each year, equivalent to removing more than 530,000 gasoline-powered- cars from the road annuallyv. Electric savings alone are enough to power approximately 475,000 homes for one yearvi, a clear demonstration of the scale of impact."With nearly 500,000 customers participating and about $960 million in yearly savings, our energy efficiency programs are making a real difference for households and businesses across New Jersey," said Lauren Thomas, vice president, Clean Energy Solutions – Customer Solutions, PSE&G. "We're focused on maintaining a stable, consistent program framework that supports the workforce, encourages continued investment and allows us to build on this progress."Keeping Bills as Low as Possible
As energy needs continue to evolve, energy efficiency remains one of the most effective tools available to help customers better manage their energy use and keep their bills as low as possible.PSE&G will continue working with stakeholders across the state to support this shared goal and maintain a stable, accessible framework that delivers long-term value for customers and communities.Customers can explore available programs at homeenergy.pseg.com for residential offerings or bizenergy.pseg.com for business programs.PSE&G
Public Service Electric & Gas Co. is New Jersey's oldest and largest gas and electric delivery public utility, as well as one of the nation's largest utilities. PSE&G has won the ReliabilityOne® Award for superior electric system reliability in the Mid-Atlantic region for 24 consecutive years. In 2025, for the fourth consecutive year, J.D. Power named PSE&G number one in customer satisfaction for residential electric service in the East among large utilities. PSE&G is a subsidiary of Public Service Enterprise Group Inc., (PSEG) (NYSE:PEG), a predominantly regulated infrastructure company named to the Dow Jones Sustainability Index for North America for 17 consecutive years (www.pseg.com).Forward-Looking Statements
This release includes forward-looking statements, including but not limited to statements regarding anticipated or expected energy savings, cost saving and greenhouse gas emissions avoidance. There can be no assurance that such energy and costs savings and greenhouse gas emissions avoidance will be realized in the amounts described and / or in the timeframes anticipated. Such statements are based on management's beliefs as well as assumptions made by and information currently available to management but are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Factors that may cause actual results to differ include, without limitation: the ability to implement our energy efficiency business strategy, and customer adoption of our energy efficiency offerings. All forward-looking statements made in this release are qualified by these cautionary statements and readers are cautioned not to place undue reliance on these forward-looking statements The forward-looking statements contained in this Report are intended to qualify for the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.Visit PSEG at:
www.pseg.com
PSEG on Facebook
PSEG on Twitter
PSEG on LinkedIni Retail bill savings are based on rate class averages for residential and small commercial customers.
ii The figure reflects one-time rebates provided to help offset the upfront costs of energy-saving upgrades and products for residential and business customers. The rebate amount is not included in the annual customer savings.
iii The Demand Response program enrollment numbers are reported through March 2026 to reflect the most current available data.
iv The Clean Energy Jobs Program placement numbers are reported through March 2026 to reflect the most current available data.
v Vehicle equivalency is based on EPA conversion factors.
vi Based on the median annual consumption of PSE&G's residential customers.CONTACT:
Media Relations
Anide Eustache
862-370-5500
anide.eustache@pseg.com 



View original content to download multimedia:https://www.prnewswire.com/news-releases/pseg-energy-efficiency-programs-help-customers-save-nearly-960-million-a-year-302758142.htmlSOURCE Public Service Electric & Gas Company (PSE&G)

Original: PSE&G Energy Efficiency Programs Help Customers Save Nearly $960 Million a Year

PSEG Marks Earth Day by Highlighting Environmental Initiatives that Support and Care for Our CommunitiesApril 22, 2026 8:19 AM
PR Newswire (US)

NEWARK, N.J., April 22, 2026 /PRNewswire/ -- This Earth Day, PSEG is highlighting how we live up to our "Public Service" name through environmental initiatives that benefit the communities we serve. PSEG aims to deliver safe, reliable energy and be thoughtful about how we show up for New Jersey, how our work benefits our environment and how we can care for the places where we operate.







"As we recognize Earth Day, we're reminded that caring for the environment is core to the success of our business," said Rick Thigpen, Senior Vice President – Corporate Citizenship. "Whether we're reducing emissions, protecting wildlife habitats or helping customers lower their energy use through our energy efficiency programs, our environmental stewardship efforts are rooted in our responsibility to the communities we serve. We're proud of the positive impact our work has on New Jersey families, businesses and the environment."PSEG's 2025 environmental efforts include:Planting 775 trees through the utility's Vegetation Management program, complementing community environmental initiatives organized by the PSEG Foundation and Corporate Social Responsibility.Managing 51 pollinator habitat enhancement sites totaling approximately 325 acres, including native pollinator seeding across 77 acres and the planting of 1,900 milkweed plants to support monarch butterflies and strengthen local ecosystems.Continuing work that has reduced operational emissions. PSEG previously achieved a 95 percent reduction in Scope 1 and 2 operational emissions from the 2005 baseline through strategic initiatives such as retiring older fossil generation, divesting remaining fossil assets, modernizing the gas system, upgrading equipment and improving efficiency across facilities.Helping nearly 480,000 customers participate in our Clean Energy Future – Energy Efficiency programs, delivering more than $900 million in annual customer savings through rebates, upgrades and services that reduce energy use, lower bills and conserve natural resources.PSEG also provides stewardship of important natural resources like the Merrill Creek Reservoir and the estuarial regions of South Jersey and Delaware while operating nuclear plants that produce more than 80 percent of New Jersey's carbon-free electricity and 40 percent of all electricity generated in the state. These facilities will continue to play a critical role in delivering reliable, affordable and clean energy for years to come.PSEG's leadership in sustainability continues to earn national recognition. The company was recently named one of Newsweek's America's Most Responsible Companies for 2026, ranking among the top 10 organizations nationwide, and was honored as a 2026 Industry Leader by JUST Capital.As PSEG celebrates Earth Day, we remain focused on creating lasting environmental benefits and continuing to care for the communities we serve.About PSEGPublic Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers.  PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. PSEG aims to power a future where people use energy more efficiently, and it's safer and delivered more reliably than ever. PSEG is a member of the S&P 500 Index and has been named to the Dow Jones Sustainability North America Index for 17 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).CONTACT: Media Relations, DL-ENT-pseg.communications @ksnider-7734. 



View original content to download multimedia:https://www.prnewswire.com/news-releases/pseg-marks-earth-day-by-highlighting-environmental-initiatives-that-support-and-care-for-our-communities-302750278.htmlSOURCE PSEG

Original: PSEG Marks Earth Day by Highlighting Environmental Initiatives that Support and Care for Our Communities

PSEG Declares Regular Quarterly Dividend for the Second Quarter of 2026April 21, 2026 3:50 PM
PR Newswire (US)

NEWARK, N.J., April 21, 2026 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.67 per share dividend on the outstanding common stock of the company for the second quarter of 2026.







All dividends for the second quarter are payable on or before June 30, 2026, to shareholders of record on June 9, 2026. About PSEG
Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers.  PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. PSEG aims to power a future where people use energy more efficiently, and it's safer and delivered more reliably than ever. PSEG is a member of the S&P 500 Index and has been named to the Dow Jones Sustainability North America Index for 17 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).Forward-Looking Statements
The statements contained in this press release that are not purely historical are "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such statements are based on management's beliefs as well as assumptions made by and information currently available to management. Factors that may cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are discussed in our Annual Report on Form 10-K and subsequent reports on Form 10-Q and Form 8-K filed with the Securities and Exchange Commission (SEC), and available on our website: https://investor.pseg.com. All of the forward-looking statements made in this press release are qualified by these cautionary statements and we cannot assure you that the results or developments anticipated by management will be realized or even if realized, will have the expected consequences to, or effects on, us or our business, prospects, financial condition, results of operations or cash flows. Readers are cautioned not to place undue reliance on these forward-looking statements in making any investment decision. Forward-looking statements made in this press release apply only as of the date hereof. While we may elect to update forward-looking statements from time to time, we specifically disclaim any obligation to do so, even in light of new information or future events, unless otherwise required by applicable securities laws.From time to time, PSEG and PSE&G release important information via postings on their corporate Investor Relations website at https://investor.pseg.com. Investors and other interested parties are encouraged to visit the Investor Relations website to review new postings.  You can sign up for automatic email alerts regarding new postings at the bottom of the webpage at https://investor.pseg.com or by navigating to the Email Alerts webpage here. CONTACTS:
Investor RelationsMedia RelationsPSEG-IR-GeneralInquiry @IRISHBULLDL-ENT-pseg.communications @Bossofthenet



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Original: PSEG Declares Regular Quarterly Dividend for the Second Quarter of 2026

PSEG Long Island Celebrates National Lineworker Appreciation DayApril 17, 2026 2:43 PM
PR Newswire (US)

UNIONDALE, N.Y., April 17, 2026 /PRNewswire/ -- In honor of National Lineworker Appreciation Day on April 18, PSEG Long Island is taking the time to recognize the diligent effort its field workforce puts in to keep the power on.







Lineworkers and PSEG Long Island field personnel work in shifts around the clock and must be ready to answer an emergency call in challenging conditions to help provide safe, reliable electric service to 1.2 million customers on Long Island and in the Rockaways."PSEG Long Island could not be the most reliable overhead electric service provider in the state without our lineworkers and other field personnel," said Michael Sullivan, PSEG Long Island's vice president of Electric Operations. "Whether it's replacing equipment on a blue sky day or working 16-hour shifts when storms, blizzards or other natural disasters strike, we are grateful for their 24/7 dedication and hard work."PSEG Long Island has approximately 700 in-house and contracted lineworkers, all of whom play a vital role in ensuring that customers have the best-in-class service that they expect and deserve.PSEG Long Island
PSEG Long Island operates the Long Island Power Authority's transmission and distribution system under a long-term contract. PSEG Long Island is a subsidiary of Public Service Enterprise Group Inc. (PSEG) (NYSE:PEG), a publicly traded diversified energy company.Visit PSEG Long Island at:
psegliny.com
PSEG Long Island on Facebook
PSEG Long Island on Instagram
PSEG Long Island on X (formerly Twitter)
PSEG Long Island on LinkedIn
PSEG Long Island on YouTube
PSEG Long Island on FlickrCONTACT: Media Relations Pager
516.229.7248
mediarelationsLI@psegliny.com










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Original: PSEG Long Island Celebrates National Lineworker Appreciation Day

PSEG To Announce First Quarter 2026 Financial Results On May 5April 13, 2026 4:30 PM
PR Newswire (US)

NEWARK, N.J., April 13, 2026 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its first quarter 2026 earnings call at 11:00 a.m. ET on Tuesday, May 5, during which management will discuss first quarter financial results, financial guidance, capital investments, regulatory activities, and other important matters.







The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations website at https://investor.pseg.com.A replay of the audio webcast, along with the accompanying presentation materials, will be available on the Investor News and Events section of PSEG's Investor Relations website by May 6.About PSEG
Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers.  PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. PSEG aims to power a future where people use energy more efficiently, and it's safer and delivered more reliably than ever. PSEG is a member of the S&P 500 Index and has been named to the Dow Jones Sustainability North America Index for 17 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).From time to time, PSEG and PSE&G release important information via postings on their corporate Investor Relations website at https://investor.pseg.com. Investors and other interested parties are encouraged to visit the Investor Relations website to review new postings.  You can sign up for automatic email alerts regarding new postings at the bottom of the webpage at https://investor.pseg.com or by navigating to the Email Alerts webpage here. CONTACTS:

Investor Relations
Media Relations(973) 430-6565
(973) 430-7734PSEG-IR-GeneralInquiry@pseg.com
DL-ENT-pseg.communications@pseg.com



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Original: PSEG To Announce First Quarter 2026 Financial Results On May 5

PSE&G Supports Continued Customer and Community Benefits in Energy Efficiency Triennium 2.5April 7, 2026 12:15 PM
PR Newswire (US)

PSE&G highlights opportunity to deliver continued progress and measurable value to customers and communities including:Lower energy use, and collective savings of nearly $900 million annually to date Carbon emissions avoided, delivering environmental impact to communities across New JerseyDriving local jobs and economic activity through more than 32,000 energy efficiency upgrades delivered to businesses statewide by a network of trade allies, contractors and union laborNEWARK, N.J., April 7, 2026 /PRNewswire/ -- PSE&G looks forward to continuing to work with the Board of Public Utilities (BPU) and stakeholders in the next phase of the New Jersey's second energy efficiency triennium (Triennium 2.5), which would extend current programs through June 2028.







More than 480,000 customers have participated in PSE&G's energy efficiency programs, taking steps to improve how they use and manage energy in their homes and businesses and manage utility costs. Energy efficiency programs deliver value beyond individual participation, providing benefits that extend to communities across New Jersey.The programs have supported more than 20,000 businesses, from small businesses to municipalities, schools, and hospital systems, helping implement more than 32,000 energy efficiency upgrades that help manage energy use and costs over time and allow reinvestment of these savings into their operations and the communities they serve. Together, these efforts are delivering measurable results, including nearly $900 million in collective annual energy savings1 and the avoidance of carbon emissions, equivalent to removing more than 500,000 gasoline-powered cars from the road for one year2."As a hospital that has participated in some of the State's earliest energy efficiency programs and continues to participate today, we've seen firsthand the value these programs bring through our partnerships with our utility providers," said Kyle Tafuri, Vice President of Sustainability, Hackensack Meridian Health. "They help us manage energy use and costs, while allowing us to reinvest these savings in our operations, our facilities and the services we provide to the communities we serve. Without robust, utility-run programs, organizations like ours would face greater challenges in continuing to invest in the infrastructure our patients rely on."In addition to supporting customers, these programs also play an important role in the state's economy. PSE&G works with thousands of local trade allies and contractors, including union-affiliated labor, engaged to implement energy-saving projects that support local jobs and economic activity. Collectively, these efforts help reduce overall energy use, manage demand, keep bills as low as possible and contribute to a safe and reliable energy system over time."Energy efficiency remains one of the most practical tools we have to help customers manage their energy use," said Lauren Thomas, vice-president, Clean Energy Solutions – Customer Solutions at PSE&G. "These programs help customers keep their energy costs as low as possible while delivering real value for communities across New Jersey, and we're focused on continuing that progress."PSE&G will continue to work with the Board and the administration in this next phase of the program to maintain a stable and consistent energy efficiency program framework that supports sustained progress, workforce continuity, and continued investment, while supporting our shared goal of keeping customer energy bills as low as possible.An executive summary related to Triennium 2.5 is available here.PSE&G
Public Service Electric & Gas Co. is New Jersey's oldest and largest gas and electric delivery public utility, as well as one of the nation's largest utilities. PSE&G has won the ReliabilityOne® Award for superior electric system reliability in the Mid-Atlantic region for 24 consecutive years. In 2025, for the fourth consecutive year, J.D. Power named PSE&G number one in customer satisfaction for residential electric service in the East among large utilities. PSE&G is a subsidiary of Public Service Enterprise Group Inc., (PSEG) (NYSE:PEG), a predominantly regulated infrastructure company named to the Dow Jones Sustainability Index for North America for 17 consecutive years (www.pseg.com).Visit PSEG at:
www.pseg.com
PSEG on Facebook
PSEG on Twitter
PSEG on LinkedInCONTACT:
Media Relations
Anide Eustache
862-370-5500
anide.eustache@pseg.com1 Retail bill savings are based on rate class averages for residential and small commercial customers.
2 Vehicle equivalency is based on EPA conversion factors.



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Original: PSE&G Supports Continued Customer and Community Benefits in Energy Efficiency Triennium 2.5

PSEG Long Island Celebrates Earth Month with Free TreesMarch 31, 2026 10:01 AM
PR Newswire (US)

UNIONDALE, N.Y., March 31, 2026 /PRNewswire/ -- PSEG Long Island is celebrating Earth Day all month long by distributing free trees and handing out LED lightbulbs and reusable shopping bags throughout Long Island and the Rockaways.Experience the full interactive Multichannel News Release here: https://www.multivu.com/pseg-long-island/9334151-en-pseg-long-island-is-celebrating-earth-day-all-month-longTo read the full press release, click here."At PSEG Long Island, Earth Day is a time to showcase the ways that we can help the environment and also help drive affordability over the long term," said Scott Jennings, PSEG Long Island's president and COO. "Customers who strategically plant trees in their yards can save up to 20% on their home's summer energy bills once the trees are fully grown, while also improving air quality and reducing storm water runoff across Long Island and the Rockaways."Energy Saving Trees giveaway
PSEG Long Island, Suffolk County and the Rockaway Initiative for Sustainability and Equity (RISE) are partnering with the PSEG Foundation and the Arbor Day Foundation to provide 500 customers with a free tree. For customers in Suffolk and Nassau counties, the trees can be reserved at https://get.arborday.org/pseg starting Wednesday, April 1, until all trees are claimed."Trees add beauty to neighborhoods and provide places of respite, along with many other benefits such as helping reduce energy consumption and filter pollutants that may negatively affect community health and wellbeing," said Calvin Ledford, president of the PSEG Foundation. "The PSEG Foundation is proud to support the Energy-Saving Trees program."LED lightbulbs and shopping bags
PSEG Long Island volunteers will also be in local communities throughout the month to distribute reusable bags and free LED lightbulbs to save customers money and energy.For more information, visit www.psegliny.com/earthday.PSEG Long Island
PSEG Long Island operates the Long Island Power Authority's transmission and distribution system under a long-term contract. PSEG Long Island is a subsidiary of Public Service Enterprise Group Inc. (PSEG) (NYSE:PEG), a publicly traded diversified energy company.Visit PSEG Long Island at:
psegliny.com
PSEG Long Island on Facebook
PSEG Long Island on Instagram
PSEG Long Island on X (formerly Twitter)
PSEG Long Island on LinkedIn
PSEG Long Island on YouTube
PSEG Long Island on FlickrAbout PSEG Foundation
The PSEG Foundation 501(c)(3), the philanthropic arm of Public Service Enterprise Group (PSEG) (NYSE:PEG), prioritizes investments in promoting environmental sustainability, social justice, and equity and economic empowerment.Contact: Media Relations Pager
516.229.7248
mediarelationsLI@psegliny.com 



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Original: PSEG Long Island Celebrates Earth Month with Free Trees

PSEG Long Island Reminds Customers: Scammers Don't Have an OffseasonMarch 25, 2026 12:55 PM
PR Newswire (US)

If someone calls or visits, threatening to immediately shut off the power, it's likely fraudulentUNIONDALE, N.Y., March 25, 2026 /PRNewswire/ -- Whether it's a crisp fall, a frigid winter, a mild spring or a sweltering summer, scammers are always turning up the heat, impersonating utility workers via phone and sometimes in person to demand payments from their victims. PSEG Long Island urges customers to take the right steps if confronted with a surprise visit or call threatening imminent shutoff: Stop and verify before acting. Reach out to PSEG Long Island for confirmation.







"PSEG Long Island wants customers to remember one simple thing: Stop and verify first. If someone threatens to immediately shut off your power, check your account online or call the number that's printed on your bill to double check before giving them any money," said Lou DeBrino, PSEG Long Island's vice president of Customer Operations. "It may be an advanced digital scam, an in-person scammer or a telephone call, but nearly all scammers present an urgent problem in the hopes that their victims panic and miss all the clues that they're not who they appear to be. If you are unexpectedly contacted by someone claiming to be from PSEG Long Island and threatening to immediately shut off your power without payment, take a step back. Contact PSEG Long Island independently and verify before acting."Many utility scammers demand immediate payment via web-based electronic payment services. PSEG Long Island does not accept external, web-based electronic payment services (outside of payments through My Account) as a method of payment.What customers should know about payment scamsScammers impersonating PSEG Long Island most frequently threaten to shut off power immediately unless payment is made.Many scammers use phone "spoofing" technology to make their number display on your phone as "PSEG Long Island."PSEG Long Island will never request that customers use one specific method of payment.Scammers typically want their victims to transfer money via a web-based electronic payment service, a prepaid debit card, or even Bitcoin, sometimes asking people to buy a prepaid card at the nearest convenience store and then read them the PIN over the phone.PSEG Long Island does not accept web-based electronic payment services, prepaid debit cards or Bitcoin as payment.Sometimes phone scammers will demand a deposit for a priority meter installation. PSEG Long Island does not require a deposit for meter installations.If a customer has doubts about the legitimacy of a call or an email — especially one in which payment is requested — they should call the company directly at 1-800-490-0025.In-person visits
Occasionally, scammers may go door to door impersonating PSEG Long Island employees, flashing a fake ID and/or claiming to be a utility collection representative. The impostors may wear "uniforms" or affix false company signs to their vehicles. The scammers generally ask for personal information, which real utility representatives do not do, or offer bogus discounts. Again, if customers have any doubts, they should not let the person in, and should call 1-800-490-0025 to verify.PSEG Long Island employees must carry a company ID and present it when requested. If customers have doubts, they should not let the person into the house. PSEG Long Island employees are trained not to escalate the situation. If the person escalates their efforts to enter the home, customers should consider calling 911.Fake websites
Some scammers purchase web domains that closely resemble the actual URL of a utility and create a fraudulent replica of the legitimate website. Their plan is to dupe users who click on these fake sites via search results, or type in an inaccurate web address. Once on the spoofed site, a visitor is presented a number of bill payment options, all pointing back to an outside bill pay site.PSEG Long Island always uses the ".com" domain. Its real website can be found at psegliny.com.New: Public vehicle charger scams
Recently, scammers have been placing fraudulent QR code stickers on publicly available electric vehicle charging stations. These stickers contain branding that makes them appear to be a legitimate way of activating the charger, directing customers to websites that ask for personal identifiable information (PII) and/or credit card information.In some cases, these stickers may contain fraudulent branding from local electric utilities. PSEG Long Island does not currently offer any programs that require customers to interface with its website in order to activate a public vehicle charging station.How actual PSEG Long Island reps handle phone calls
Customers should also know what PSEG Long Island will and won't discuss over the phone. A genuine PSEG Long Island representative will ask to speak to the Customer of Record. If that person is available, the representative will explain why they are calling and provide the account name, address and current balance. If the person on the phone does not provide the correct information, it is likely the customer is not speaking with a PSEG Long Island representative.If the Customer of Record is not available, the PSEG Long Island representative will not discuss the account at all and ask that a message be left for the Customer of Record to call 1-800-490-0025.PSEG Long Island is a member of Utilities United Against Scams, which continues to raise customer awareness of common scams and new scam tactics used by utility impostors. Through its work and with the help of customer reporting, UUAS has successfully helped to take more than 14,830 toll-free numbers used by scammers against utility customers out of operation.For more information on various payment scams reported in the PSEG Long Island service area and around the country, visit psegliny.com/myaccount/customersupport/scamsandfraud.PSEG Long Island
PSEG Long Island operates the Long Island Power Authority's transmission and distribution system under a long-term contract. PSEG Long Island is a subsidiary of Public Service Enterprise Group Inc. (PSEG) (NYSE:PEG), a publicly traded diversified energy company.Visit PSEG Long Island at:
psegliny.com
PSEG Long Island on Facebook
PSEG Long Island on Instagram
PSEG Long Island on X (formerly Twitter)
PSEG Long Island on LinkedIn
PSEG Long Island on YouTube
PSEG Long Island on FlickrContact: Media Relations Pager
516.229.7248
mediarelationsLI@psegliny.com










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Original: PSEG Long Island Reminds Customers: Scammers Don't Have an Offseason

PSE&G Applauds FERC Decision Protecting Its Customers From Unfair Transmission CostsMarch 17, 2026 4:39 PM
PR Newswire (US)

PSE&G's efforts protect its customers, delivering potentially millions of dollars in real savings to families and businessesNEWARK, N.J., March 17, 2026 /PRNewswire/ -- PSE&G announced today that the Federal Energy Regulatory Commission (FERC) has issued a major decision rejecting a proposed settlement that would have disproportionately allocated transmission costs to customers—delivering a significant win for PSE&G customers. FERC's March 6 order (FERC Order number 20260306-3001) found that the proposed settlement would have disproportionately and unfairly shifted transmission project costs.







PSE&G was the only electric utility in PJM that opposed the settlement, which has now been rejected by FERC. Had the settlement been approved, it would have imposed significant and unfair cost burdens on PSE&G customers.PSE&G argued that the proposal was unjust, unreasonable, unduly discriminatory, and unsupported by the evidence—arguments FERC ultimately adopted in its order. Along with the NJ BPU and the NJ Division of Rate Counsel, PSE&G filed multiple rounds of pleadings opposing the settlement."PSE&G fights for our customers every single day, and this decision shows what that commitment means in real terms," said PSE&G President and Chief Operating Officer, Public Service Electric and Gas Company, Kim Hanemann. "We strongly opposed this proposed settlement because it unfairly raised costs for families and businesses. We're grateful that FERC agreed, and we're proud to stand with NJ BPU and the NJ Division of Rate Counsel in protecting the people we serve."Hanemann added: "We work hard to keep energy costs as low as possible. We deliver industry leading reliability, but we also work tirelessly behind the scenes to make sure customers aren't paying more than they should. The FERC decision will save our customers hundreds of millions of dollars—money that will be returned to PSE&G customers.PSE&G estimates that its customers will receive refunds in the amount of approximately $100 million for a three-year period (2020, 2021, and 2022) alone as a result of the order rejecting the proposed settlement. Because FERC has directed PJM to recalculate cost assignments dating back to 2015, the actual savings figure is expected to be higher.PSE&G works hard every day to strengthen the reliability and resilience of New Jersey's energy system. Our efforts in the proceeding also demonstrate our longstanding commitment to ensure fair, responsible energy costs.About PSE&GPublic Service Electric & Gas Co. is New Jersey's oldest and largest gas and electric delivery public utility, as well as one of the nation's largest utilities. PSE&G has won the ReliabilityOne® Award for superior electric system reliability in the Mid-Atlantic region for 24 consecutive years. In 2025, for the fourth consecutive year, J.D. Power named PSE&G number one in customer satisfaction for residential electric service in the East among large utilities.  PSE&G is a subsidiary of Public Service Enterprise Group Inc., (PSEG) (NYSE:PEG), a predominantly regulated infrastructure company named to the Dow Jones Sustainability Index for North America for 17 consecutive years (www.pseg.com).CONTACTS:
Investor RelationsMedia Relationspseg-investorrelations@pseg.comDL-ENT-pseg.communications@pseg.com



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Original: PSE&G Applauds FERC Decision Protecting Its Customers From Unfair Transmission Costs

PSEG Earns National Recognition for Corporate Citizenship and Community ImpactMarch 17, 2026 1:00 PM
PR Newswire (US)

Named the JUST Capital 2026 Industry Leader for Utilities, Ranked among the Top 10 on and Newsweek's America's Most Responsible Companies and Honored as one of Newsweek's America's Most Charitable CompaniesNEWARK, N.J., March 17, 2026 /PRNewswire/ -- Public Service Enterprise Group (PSEG) is proud to announce we have been honored with three national distinctions that reflect our focus on the people and communities we serve: recognized as the JUST Capital 2026 Industry Leader for Utilities, ranked among the top ten of America's Most Responsible Companies 2026 by Newsweek and Statista and named one of America's Most Charitable Companies 2026 by Newsweek and Statista.







Together, these awards reflect the dedication and passion of our employees, whose hard work makes these achievements possible, and underscores our focus on responsible business practices, strengthening communities and ensuring our customers are at the center of everything we do."We know many residents and communities are struggling and we take our responsibility as 'public service' very seriously. Working to make the communities we serve better places to live continues to be central to our business strategy," said Rick Thigpen, PSEG senior vice president for Corporate Citizenship. "We are extremely proud of these recognitions. They demonstrate the pride our organization continues to have for being a solid partner to the amazingly diverse communities and customers we serve. We are proud to be acknowledged for treating our employees with respect and conducting our operations responsibly. None of this would be possible without our employees, whose hard work, generosity, and community spirit makes PSEG's impact possible."Named Industry Leader for Utilities PSEG was recognized as the top utility in JUST Capital's 2026 annual rankings of leadership performance by national companies on a range of issues related to workers, customers, communities, the environment and governance. This ranking utilizes insights from polling to determine what the public prioritizes regarding corporate behavior and assesses over 900 companies based on a proprietary methodology. PSEG performed especially well in the areas of career development, charity and giving, human rights and opportunities for local businesses.Recognition as a JUST Capital Industry Leader highlights how PSEG's approach to workforce investment and community partnership helps strengthen trust with employees, customers, communities and shareholders. Our customers and communities stay secure and thrive when PSEG brings reliable power, responsive service and safe infrastructure.Among Top 10 Most Responsible Companies NationallyPSEG was recently named in the top 10 of Newsweek and Statista's America's Most Responsible Companies 2026. The company ranked number nine on the list of 600 companies evaluated for their community support, sustainability initiatives and workforce benefits.The award demonstrates PSEG's long-term approach to conducting our operations in a thoughtful way that factors in the environment, our customers and the needs of the communities across our service territory where our employees live alongside our customers. For example, our Gas System Modernization Program has reduced methane emissions in our communities by approximately 245,000 metric tons of CO2e from 2018 to 2025, based on company estimates. Programs like this also help strengthen system reliability, improve safety and support long-term performance across our operations. One of America's Most Charitable CompaniesNewsweek and Statista's America's Most Charitable Companies 2026 highlights organizations that demonstrate leadership in corporate philanthropy, transparency and community impact. PSEG's inclusion reflects the company's longstanding aim to strengthen the communities we serve, both through corporate social responsibility work and the PSEG Foundation, an independent 501(c)(3), an approach that helps support communities and PSEG's long-term reputation in those communities. In 2025, about 2,300 PSEG employees volunteered about 15,000 hours to organizations across our communities.The PSEG Foundation has awarded nearly $138 million over the past 25 years to community partners. Over the past decade, PSEG has contributed an additional $40 million to community-based initiatives. In 2025, PSE&G and the PSEG Foundation together contributed $12.8 million to organizations across our service territory. Across all three recognitions, PSEG's focus remains the same: providing safe, reliable service, supporting the well-being of our people and communities and maintaining the strong operational and governance practices that underpin long-term value creation and sustain trust in the services we provide. PSEG is honored to be recognized among the nation's top companies and will continue investing in initiatives that create lasting, positive impact for our people and the communities we serve.About PSEG
Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers.  PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. PSEG aims to power a future where people use energy more efficiently, and it's safer and delivered more reliably than ever. PSEG is a member of the S&P 500 Index and has been named to the Dow Jones Sustainability North America Index for 17 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).About PSEG Foundation
The PSEG Foundation 501(c)(3), the philanthropic arm of Public Service Enterprise Group (PSEG) (NYSE:PEG), prioritizes investments in promoting environmental sustainability, social justice, and equity and economic empowerment. CONTACTS:
Investor RelationsMedia Relationspseg-investorrelations@pseg.comDL-ENT-pseg.communications@pseg.com



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Original: PSEG Earns National Recognition for Corporate Citizenship and Community Impact

PSEG ANNOUNCES 2025 RESULTSFebruary 26, 2026 7:30 AM
PR Newswire (US)

$4.22 PER SHARE NET INCOME$4.05 PER SHARE NON-GAAP OPERATING EARNINGSInitiates 2026 non-GAAP Operating Earnings Guidance of $4.28-$4.40 per share, up 7% over 2025 Increases Regulated 5-Year Capital Spending Plan to $22.5 billion - $25.5 billion through 2030Extends Rate Base CAGR of 6% - 7.5% through 2030, from a ~7% Higher YE-2025 BalanceUpdates PSEG's Long-Term, non-GAAP Operating Earnings Growth Target to 6% - 8%NEWARK, N.J., Feb. 26, 2026 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported the following results for the full year and fourth quarter 2025:







PSEG Consolidated (unaudited)
Full Year Comparative Results

IncomeEarnings Per Share($ millions, except per share amounts)FY 2025FY 2024FY 2025FY 2024Net Income $2,111$1,772$4.22$3.54  Reconciling Items (82)67(0.17)0.14Non-GAAP Operating Earnings$2,029$1,839$4.05$3.68  Average Shares Outstanding (Diluted)

501500
PSEG Consolidated (unaudited)
Fourth Quarter Comparative Results 

IncomeEarnings Per Share($ millions, except per share amounts)4Q 20254Q 20244Q 20254Q 2024Net Income $315$286$0.63$0.57  Reconciling Items 471350.090.27Non-GAAP Operating Earnings$362$421$0.72$0.84  Average Shares Outstanding (Diluted)

501500The tables above provide a reconciliation of PSEG's Net Income to non-GAAP Operating Earnings for the full year and fourth quarter.
See Attachments 8 and 9 for a complete list of items excluded from Net Income in the determination of non-GAAP Operating Earnings.







"PSEG closed 2025 with a solid operating and financial performance as results for the fourth quarter represented the high end of our narrowed full year guidance provided in November.  PSEG's full year results were achieved while facing multiple severe storms and extreme weather events throughout the year that stressed our electric and gas systems, during which PSE&G demonstrated excellent operating performance in safety, reliability and customer satisfaction measures.  Furthermore, on the customer front, we implemented the Summer Relief Initiative in cooperation with New Jersey regulators and policymakers to help our customers manage the impact of last summer's rise in PJM-related electric supply costs.  On the generating side, PSEG Nuclear posted a 91.2% capacity factor for the full year, producing 24x7, carbon-free baseload power for the grid during the intense June 2025 heatwave when New Jersey needed it most," said Ralph LaRossa, chair, president and CEO of PSEG.  LaRossa added, "As we begin 2026, I am proud of the work PSEG is doing in support of New Jersey's efforts to minimize utility rate increases.  The latest example of these efforts occurred on February 1, when PSE&G held its residential gas rate flat for the remainder of the 2025/2026 winter heating season.  Extending the stability of our gas rates further highlights PSE&G's favorable residential gas bill profile, which is not only the lowest cost in the state but in the region.  We are also continuing to work with policymakers to address the resource adequacy imbalance in New Jersey and are confident in our ability to maintain system reliability as we invest in critical energy infrastructure to deliver value to our customers and meet our shareholder growth expectations. Consistent with delivering on expectations, PSEG's full year 2025 financial results mark the 21st consecutive year that the company has delivered non-GAAP Operating Earnings at or above management's earnings guidance.  Our solid balance sheet supports the continued execution of PSEG's strategy to grow our businesses without the need to issue new equity or sell assets, while providing the opportunity for consistent and sustainable dividend growth.  Earlier today, PSEG reported that our Board of Directors raised the 2026 common dividend – by $0.16 per share, or approximately 6% – to the indicative annual rate of $2.68 per share.  This increase reflects our confidence in PSEG's growth opportunities and is the 15th consecutive year that PSEG has raised its dividend, extending our track record of providing a shareholder dividend to 119 years."2025 HighlightsPSE&G invested approximately $1 billion in regulated infrastructure during the fourth quarter and $3.7 billion for the full year for the benefit of customers.PSE&G implemented the 2025 Summer Relief Initiative to help manage customer bills.PSE&G obtained regulatory approval to replace cast iron and bare steel gas main through the three-year Gas System Modernization Program III (GSMP), covering $1.4 billion of infrastructure investment to further lower methane emissions.PSEG Nuclear supplied the grid with 30.9 terawatt hours (TWh) of reliable, carbon-free baseload energy.PSEG Nuclear's 100%-owned Hope Creek unit extended its fuel cycle from 18 to 24 months.The Long Island Power Authority Board of Trustees approved a five-year contract extension with PSEG Long Island through 2030.PSE&G received the 2025 ReliabilityOne® Awards for Outstanding System Resiliency; Outstanding Customer Engagement; and for the 24th year in a row, Outstanding Reliability Performance in the Mid-Atlantic Region.PSE&G ranked #1 in Customer Satisfaction among Large Electric Utilities in the East Region according to the J.D. Power 2025 U.S. Electric Utility Residential Customer Satisfaction Study, marking the fourth consecutive year PSE&G earned the top position in its segment.PSEG Long Island ranked #1 in Customer Satisfaction among Large Electric Utilities in the East Region according to the J.D. Power 2025 U.S. Electric Utility Business Customer Satisfaction Study, capping an 11-year rise from the bottom of the rankings since PSEG Long Island took over operation of the electric grid.2026 OutlookPSEG initiated full year 2026 non-GAAP Operating Earnings guidance in the range of $4.28 to $4.40 per share, an increase at the midpoint of over 7% above 2025 results.Regulated investments are expected to total ~$4.2 billion in 2026, up ~13.5% from 2025.PSEG's 2026-2030 capital spending plan of $24 billion to $28 billion consists of $22.5 billion to $25.5 billion of regulated investments.PSE&G's 2026-2030 capital investment plan is expected to produce compound annual growth in rate base of 6% to 7.5%, starting from a year end 2025 balance of approximately $36 billion, an increase of approximately 7% over year end 2024.PSEG is updating its long-term outlook for compound annual growth in non-GAAP Operating Earnings to 6% to 8% through 2030 based on the higher midpoint of 2026 guidance, rebasing higher for the second year in a row.PSEG's long-term earnings outlook is supported by our updated capital spending plan and projected rate base growth, continued stringent cost control, as well as our expected nuclear output at anticipated market prices that exceed the nuclear PTC threshold price.Earnings growth above our long-term forecast could be achieved through contracts of our nuclear output, including planned additions, and incremental regulated capital investments.PSEG raised the 2026 indicative annual common dividend by $0.16 per share to $2.68 per share, the 15th consecutive annual increase.PSEG Results by Segment (unaudited)
Fourth Quarter and Full Year Comparative Results ($ millions)4Q 20254Q 2024FY 2025FY 2024PSE&G Net Income/Non-GAAP Operating Earnings$352$378$1,745$1,547PSEG Power & Other Net Income (Loss)(37)(92)366225     Total PSEG Net Income  $315$286$2,111$1,772




PSEG Power & Other Non-GAAP Operating Earnings  $10$43$284$292     Total PSEG Non-GAAP Operating Earnings$362$421$2,029$1,839PSE&G's results for the fourth quarter reflect higher costs related to operation and maintenance, taxes, and interest and depreciation expense that were partly offset by higher earnings from increased investment in infrastructure replacement and energy efficiency.  For the full year, PSE&G's results reflect the benefit of implementing the remainder of new base rates following the October 2024 electric and gas rate case order, which followed the settlement of PSE&G's first distribution base rate case since 2018, as well as investment in Energy Efficiency, Transmission and GSMP.  During the fourth quarter, PSE&G obtained approval from New Jersey regulators to invest $1.4 billion in GSMP III over a three-year period beginning January 2026.  PSEG Power & Other Net Loss and non-GAAP Operating Earnings for the quarter reflect higher nuclear-related operation and maintenance costs from the Hope Creek refueling and fuel cycle extension work, higher interest expense, lower generation volume and the absence of zero emission certificates which concluded in May, partly offset by higher capacity revenues and gas operations.  Net Income and non-GAAP Operating Earnings for the full year reflect higher costs related to the Hope Creek refueling outage and fuel cycle extension, as well as higher interest, offset by higher nuclear output (30.9 TWh) that realized prices in excess of the nuclear production tax credit and favorable tax items.  In addition to these variances for the quarter and full year, PSEG Power & Other Net Income (Loss) also reflects lower net losses from non-trading mark-to-market activity and more favorable returns related to the Nuclear Decommissioning Trust.PSEG will host a conference call to review its fourth quarter and full year 2025 results, 2026 earnings guidance, and other matters with the financial community at 11:00 a.m. ET today.  Please register to access this event by visiting: https://investor.pseg.com/investor-news-and-eventsMedia Relations:Investor Relations:(973) 430-7734DL-ENT-pseg.communications@pseg.com(973) 430-6565PSEG-IR-GeneralInquiry@pseg.comAbout PSEG
Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers.  PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. PSEG aims to power a future where people use energy more efficiently, and it's safer and delivered more reliably than ever. PSEG is a member of the S&P 500 Index and was named to the Dow Jones Sustainability North America Index for 17 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).Non-GAAP Financial Measures
Management uses non-GAAP Operating Earnings in its internal analysis, and in communications with investors and analysts, as a consistent measure for comparing PSEG's financial performance to previous financial results. Non-GAAP Operating Earnings exclude the impact of gains (losses) associated with the Nuclear Decommissioning Trust (NDT), Mark-to-Market (MTM) accounting and other material infrequent items.See Attachments 8 and 9 for a complete list of items excluded from Net Income (Loss) in the determination of non-GAAP Operating Earnings. The presentation of non-GAAP Operating Earnings is intended to complement and should not be considered an alternative to the presentation of Net Income, which is an indicator of financial performance determined in accordance with GAAP. In addition, non-GAAP Operating Earnings as presented in this report may not be comparable to similarly titled measures used by other companies.Due to the forward-looking nature of non-GAAP Operating Earnings guidance, PSEG is unable to reconcile this non-GAAP financial measure to the most directly comparable GAAP financial measure because comparable GAAP measures are not reasonably accessible or reliable due to the inherent difficulty in forecasting and quantifying measures that would be required for such reconciliation. Namely, we are not able to reliably project without unreasonable effort MTM and NDT gains (losses), for future periods due to market volatility. These items are uncertain, depend on various factors, and may have a material impact on our future GAAP results.Forward-Looking Statements
Certain of the matters discussed in this report about our and our subsidiaries' future performance, including, without limitation, future revenues, earnings, strategies, prospects, consequences, and all other statements that are not purely historical constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such statements are based on management's beliefs as well as assumptions made by and information currently available to management. When used herein, the words "anticipate," "intend," "estimate," "believe," "expect," "plan," "should," "hypothetical," "potential," "forecast," "project," variations of such words and similar expressions are intended to identify forward-looking statements. Factors that may cause actual results to differ are often presented with the forward-looking statements themselves. Other factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are discussed in filings we make with the United States Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K and subsequent reports on Form 10-Q and Form 8-K. These factors include, but are not limited to:any inability to successfully develop, obtain regulatory approval for, or construct transmission and distribution, and our nuclear generation projects;significant resource adequacy challenges that present affordability and reliability concerns and that could cause policymakers to implement responsive measures that could have a material, adverse impact on our business, strategy, growth rates, cash flows, results of operation, and financial condition and increase regulatory uncertainty for utility investment initiatives and programs;the physical, financial and transition risks related to climate change, including risks relating to potentially increased legislative and regulatory burdens, changing customer preferences and lawsuits;any equipment failures, gas explosions, accidents, critical operating technology or business system failures, natural disasters, severe weather events, acts of war, terrorism or other acts of violence, sabotage, physical attacks or security breaches, cyberattacks or other incidents that may impact our ability to provide safe and reliable service to our customers;any inability to recover the carrying amount of our long-lived assets;disruptions or cost increases in our supply chain, including labor shortages;any inability to maintain sufficient liquidity or access sufficient capital on commercially reasonable terms;the impact of cybersecurity attacks or intrusions or other disruptions to our information technology, operational or other systems;failure to attract and retain a qualified workforce;increases in the costs of equipment, materials, fuel, services and labor;the impact of our covenants in our debt instruments and credit agreements on our business;adverse performance of our defined benefit plan trust funds and Nuclear Decommissioning Trust Fund and increases in funding requirements;any inability to enter into or extend certain significant contracts;development, adoption and use of Artificial Intelligence by us and our third-party vendors;fluctuations in, or third-party default risk in wholesale power and natural gas markets, including the potential impacts on the economic viability of our generation units;our ability to obtain adequate nuclear fuel supply;changes in technology related to energy generation, distribution and consumption and changes in customer usage patterns;third-party credit risk relating to our sale of nuclear generation output and purchase of nuclear fuel;any inability to meet our commitments under forward sale obligations and Regional Transmission Organization rules;risks associated with generation activities at, and operation of, the Peach Bottom plants, which are similar to those to which nuclear generation plants that we operate are subject;the impact of changes in state and federal legislation and regulations on our business, including PSE&G's ability to recover costs and earn returns on authorized investments;PSE&G's proposed investment projects or programs may not be fully approved by regulators and its capital investment may be lower than planned;our ability to receive sufficient financial support for our New Jersey nuclear plants from the markets, and/or production tax credits;adverse changes in and non-compliance with energy industry laws, policies, regulations and standards, including market structures and transmission planning and transmission returns;risks associated with our ownership and operation of nuclear facilities, including increased nuclear fuel storage costs, regulatory risks, such as compliance with the Atomic Energy Act and trade control, environmental and other regulations, as well as operational, financial, environmental and health and safety risks;changes in or violation of federal, state and local environmental laws and regulations and enforcement;delays in receipt of, or an inability to receive, necessary licenses and permits and siting approvals; andchanges in tax laws and regulations.All of the forward-looking statements made in this report are qualified by these cautionary statements and we cannot assure you that the results or developments anticipated by management will be realized or even if realized, will have the expected consequences to, or effects on, us or our business, prospects, financial condition, results of operations or cash flows. Readers are cautioned not to place undue reliance on these forward-looking statements in making any investment decision. Forward-looking statements made in this report apply only as of the date of this report. While we may elect to update forward-looking statements from time to time, we specifically disclaim any obligation to do so, even in light of new information or future events, unless otherwise required by applicable securities laws.The forward-looking statements contained in this report are intended to qualify for the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.From time to time, PSEG and PSE&G release important information via postings on their corporate Investor Relations website at https://investor.pseg.com. Investors and other interested parties are encouraged to visit the Investor Relations website to review new postings.  You can sign up for automatic email alerts regarding new postings at the bottom of the webpage at https://investor.pseg.com or by navigating to the Email Alerts webpage here.  The information on https://investor.pseg.com and https://investor.pseg.com/resources/email-alerts/default.aspx is not incorporated herein and is not part of this press release or the Form 8-K to which it is an exhibit. 









Attachment 1

Public Service Enterprise Group IncorporatedConsolidating Statements of Operations(Unaudited, $ millions, except per share data)
















Three Months Ended December 31, 2025

















PSEG
Eliminations
PSE&G
PSEG Power
& Other(a)














OPERATING REVENUES  
$          2,915
$                 (374)
$           2,328
$             961














OPERATING EXPENSES










Energy Costs
1,014
(374)
915
473


Operation and Maintenance
1,072
-
630
442


Depreciation and Amortization
318
-
284
34


  Total Operating Expenses
2,404
(374)
1,829
949














OPERATING INCOME
511
-
499
12














Net Gains (Losses) on Trust Investments
24
-
-
24

Net Other Income (Deductions)
23
-
16
7

Net Non-Operating Pension and OPEB Credits (Costs)
16
-
18
(2)

Interest Expense
(263)
-
(164)
(99)














INCOME BEFORE INCOME TAXES 
311
-
369
(58)














Income Tax Expense
4
-
(17)
21














NET INCOME (LOSS)
$             315
$                       -
$              352
$             (37)


Reconciling Items Excluded from Net Income(b)
47
-
-
47

OPERATING EARNINGS (non-GAAP)
$             362
$                       -
$              352
$               10














Earnings Per Share






















NET INCOME
$            0.63








Reconciling Items Excluded from Net Income(b)
0.09







OPERATING EARNINGS (non-GAAP)
$            0.72





































Three Months Ended December 31, 2024

















PSEG
Eliminations
PSE&G
PSEG Power
& Other(a)














OPERATING REVENUES  
$          2,465
$                 (316)
$           2,114
$             667














OPERATING EXPENSES










Energy Costs
765
(316)
739
342


Operation and Maintenance
947
-
554
393


Depreciation and Amortization
308
-
267
41


  Total Operating Expenses
2,020
(316)
1,560
776














OPERATING INCOME 
445
-
554
(109)














Net Gains (Losses) on Trust Investments
(64)
-
-
(64)

Net Other Income (Deductions)
33
(1)
14
20

Net Non-Operating Pension and OPEB Credits (Costs)
18
-
19
(1)

Interest Expense
(232)
1
(152)
(81)














INCOME (LOSS) BEFORE INCOME TAXES 
200
-
435
(235)














Income Tax (Expense) Benefit
86
-
(57)
143














NET INCOME (LOSS)
$             286
$                       -
$              378
$             (92)


Reconciling Items Excluded from Net Income (Loss)(b)
135
-
-
135

OPERATING EARNINGS (non-GAAP)
$             421
$                       -
$              378
$               43














Earnings Per Share






















NET INCOME
$            0.57








Reconciling Items Excluded from Net Income (Loss)(b)
0.27







OPERATING EARNINGS (non-GAAP)
$            0.84


































(a) Includes activities at PSEG Power, PSEG Long Island, Energy Holdings, PSEG Services Corporation and the Parent.




(b) See Attachments 8 and 9 for details of items excluded from Net Income to compute Operating Earnings (non-GAAP).
 









Attachment 2


Public Service Enterprise Group IncorporatedConsolidating Statements of Operations(Unaudited, $ millions, except per share data)

















Year Ended December 31, 2025



















PSEG
Eliminations
PSE&G
PSEG Power
& Other(a)
















OPERATING REVENUES  
$        12,168
$              (1,112)
$           9,558
$          3,722
















OPERATING EXPENSES











Energy Costs
4,159
(1,112)
3,782
1,489



Operation and Maintenance
3,772
-
2,253
1,519



Depreciation and Amortization
1,257
-
1,116
141




  Total Operating Expenses
9,188
(1,112)
7,151
3,149
















OPERATING INCOME
2,980
-
2,407
573
















Net Gains (Losses) on Trust Investments
189
-
-
189


Net Other Income (Deductions)
145
(3)
64
84


Net Non-Operating Pension and OPEB Credits (Costs)
65
-
70
(5)


Interest Expense
(1,005)
3
(644)
(364)
















INCOME BEFORE INCOME TAXES 
2,374
-
1,897
477
















Income Tax Expense
(263)
-
(152)
(111)
















NET INCOME
$          2,111
$                       -
$           1,745
$             366



Reconciling Items Excluded from Net Income(b)
(82)
-
-
(82)


OPERATING EARNINGS (non-GAAP)
$          2,029
$                       -
$           1,745
$             284
















Earnings Per Share
























NET INCOME
$            4.22









Reconciling Items Excluded from Net Income(b)
(0.17)








OPERATING EARNINGS (non-GAAP)
$            4.05








































Year Ended December 31, 2024



















PSEG
Eliminations
PSE&G
PSEG Power
& Other(a)
















OPERATING REVENUES  
$        10,290
$                 (966)
$           8,449
$          2,807
















OPERATING EXPENSES











Energy Costs
3,393
(966)
3,189
1,170



Operation and Maintenance
3,362
-
1,949
1,413



Depreciation and Amortization
1,182
-
1,025
157




  Total Operating Expenses
7,937
(966)
6,163
2,740
















OPERATING INCOME
2,353
-
2,286
67
















Net Gains (Losses) on Trust Investments
127
-
-
127


Net Other Income (Deductions)
154
(5)
64
95


Net Non-Operating Pension and OPEB Credits (Costs)
73
-
77
(4)


Interest Expense
(882)
5
(582)
(305)
















INCOME (LOSS) BEFORE INCOME TAXES 
1,825
-
1,845
(20)
















Income Tax (Expense) Benefit
(53)
-
(298)
245
















NET INCOME
$          1,772
$                       -
$           1,547
$             225



Reconciling Items Excluded from Net Income(b)
67
-
-
67


OPERATING EARNINGS (non-GAAP)
$          1,839
$                       -
$           1,547
$             292
















Earnings Per Share
























NET INCOME
$            3.54









Reconciling Items Excluded from Net Income(b)
0.14








OPERATING EARNINGS (non-GAAP)
$            3.68





































(a) Includes activities at PSEG Power, PSEG Long Island, Energy Holdings, PSEG Services Corporation and the Parent.







(b) See Attachments 8 and 9 for details of items excluded from Net Income to compute Operating Earnings (non-GAAP).

 







Attachment 3


Public Service Enterprise Group Incorporated

Capitalization Schedule

(Unaudited, $ millions)

























December 31,
December 31,






2025
2024

DEBT








Commercial Paper and Loans

$                1,529
$                1,593


Long-Term Debt*

22,545
21,114



Total Debt

24,074
22,707





















STOCKHOLDERS' EQUITY







Common Stock

5,062
5,057


Treasury Stock

(1,435)
(1,403)


Retained Earnings

13,446
12,593


Accumulated Other Comprehensive Loss

(91)
(133)



Total Stockholders' Equity

16,982
16,114



Total Capitalization

$              41,056
$              38,821























*Includes current portion of Long-Term Debt





 


Attachment 4Public Service Enterprise Group IncorporatedCondensed Consolidated Statements of Cash Flows(Unaudited, $ millions)













 Year Ended December 31, 
2025
2024Cash Flows From Operating Activities


 Net Income$                    2,111
$                    1,772 Adjustments to Reconcile Net Income to Net Cash Flows


   From Operating Activities1,187
361Net Cash Provided By (Used In) Operating Activities3,298
2,133



Net Cash Provided By (Used In) Investing Activities(3,308)
(3,306)



Net Cash Provided By (Used In) Financing Activities12
1,228



Net Change in Cash, Cash Equivalents and Restricted Cash2
55



Cash, Cash Equivalents and Restricted Cash at Beginning of Period154
99Cash, Cash Equivalents and Restricted Cash at End of Period$                       156
$                       154 








Attachment 5
Public Service Electric & Gas Company
 Retail Sales 
(Unaudited)
December 31, 2025












Electric Sales

























Three Months
   Change vs.
Year
   Change vs.


Sales (millions kWh)Ended
2024
Ended
2024


Residential2,920
4 %
13,891
(0 %)


Commercial & Industrial6,323
1 %
26,334
(0 %)


Other97
2 %
343
2 %


Total9,340
2 %
40,568
(0 %)























Gas Sold and Transported
























Three Months
Change vs.
Year
Change vs.


Sales (millions therms)Ended
2024
Ended
2024


Firm Sales









Residential Sales506
18 %
1,537
12 %


Commercial & Industrial334
14 %
1,096
10 %


Total Firm Sales840
16 %
2,633
11 %













Non-Firm Sales*









Commercial & Industrial201
14 %
886
12 %


Total Non-Firm Sales201


886















Total Sales1,041
16 %
3,519
11 %













*Contract Service Gas rate included in non-firm sales


















Weather Data*













Three Months
Change vs.
Year
Change vs.



Ended
2024
Ended
2024


THI Hours - Actual367
(29 %)
17,948
(10 %)


THI Hours - Normal457


17,558




Degree Days - Actual1,673
23 %
4,422
14 %


Degree Days - Normal1,535


4,511



























*Winter weather as defined by heating degree days (HDD) to serve as a measure for the need for heating. For each day, HDD is calculated as HDD = 65°F – the average hourly daily temperature. Summer weather is measured by the temperature-humidity index (THI), which takes into account both the temperature and the humidity to measure the need for air conditioning. Both measures use data provided by the National Oceanic and Atmospheric Administration based on readings from Newark Liberty International Airport. Comparisons to normal are based on twenty years of historic data. 






Attachment 6










Nuclear Generation Measures
(Unaudited)












GWh Breakdown
GWh Breakdown












Three Months Ended
Year Ended


December 31,
December 31,


2025
2024
2025
2024
Nuclear - NJ4,625
4,737
19,948
19,708
Nuclear - PA2,526
2,599
10,972
10,922


7,151
7,336
30,920
30,630 










Attachment 7Public Service Enterprise Group IncorporatedStatistical Measures(Unaudited)




























Three Months Ended December 31,
Year Ended December 31,




2025
2024
2025
2024Weighted Average Common Shares Outstanding (millions)







Basic


499
498
499
498
Diluted


501
500
501
500











Stock Price at End of Period





$80.30
$84.49











Dividends Paid per Share of Common Stock 
$0.63
$0.60
$2.52
$2.40











Dividend Yield






3.1 %
2.8 %











Book Value per Common Share





$34.10
$32.36











Market Price as a Percent of Book Value





235 %
261 % 






Attachment 8

Public Service Enterprise Group Incorporated
Consolidated Operating Earnings (non-GAAP) Reconciliation











Reconciling ItemsThree Months EndedYear Ended
December 31,December 31,
2025
2024
2025
2024



($ millions, Unaudited)











Net Income$          315
$       286
$       2,111
$    1,772


(Gain) Loss on Nuclear Decommissioning Trust (NDT) 









Fund Related Activity, pre-tax(33)
62
(223)
(137)


(Gain) Loss on Mark-to-Market (MTM), pre-tax(a)97
134
75
210


Lease Related Activity, pre-tax-
-
-
(4)


Income Taxes related to Operating Earnings (non-GAAP) reconciling items(b)(17)
(61)
66
(2)

Operating Earnings (non-GAAP)$          362
$       421
$       2,029
$    1,839













PSEG Fully Diluted Average Shares Outstanding (in millions)501
500
501
500



($ Per Share Impact - Diluted, Unaudited)











Net Income$         0.63
$      0.57
$         4.22
$      3.54


(Gain) Loss on NDT Fund Related Activity, pre-tax(0.07)
0.12
(0.45)
(0.27)


(Gain) Loss on MTM, pre-tax(a)0.19
0.27
0.15
0.42


Lease Related Activity, pre-tax-
-
-
(0.01)


Income Taxes related to Operating Earnings (non-GAAP) reconciling items(b)(0.03)
(0.12)
0.13
-

Operating Earnings (non-GAAP)$         0.72
$      0.84
$         4.05
$      3.68
























(a) Includes the financial impact from positions with forward delivery months.









(b) Income tax effect calculated at the statutory rate except for qualified NDT related activity, which records an additional 20% trust tax on income (loss) from qualified NDT Funds, and lease related activity.
 





Attachment 9









PSEG Power & Other Operating Earnings (non-GAAP) Reconciliation











Three Months EndedYear EndedReconciling ItemsDecember 31,December 31,

2025
2024
2025
2024


($ millions, Unaudited)









Net Income (Loss)$          (37)
$       (92)
$          366
$       225

(Gain) Loss on NDT Fund Related Activity, pre-tax(33)
62
(223)
(137)

(Gain) Loss on MTM, pre-tax(a)97
134
75
210

Lease Related Activity, pre-tax-
-
-
(4)

Income Taxes related to Operating Earnings (non-GAAP) reconciling items(b)(17)
(61)
66
(2)
Operating Earnings (non-GAAP)$           10
$         43
$          284
$       292











PSEG Fully Diluted Average Shares Outstanding (in millions)501
500
501
500











(a) Includes the financial impact from positions with forward delivery months.








(b) Income tax effect calculated at the statutory rate except for qualified NDT related activity, which records an additional 20% trust tax on income (loss) from qualified NDT Funds, and lease related activity. 



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Original: PSEG ANNOUNCES 2025 RESULTS

PSEG Increases 2026 Common Stock DividendFebruary 26, 2026 7:15 AM
PR Newswire (US)

Indicative Annual Dividend Rate Increases by ~6% to $2.68 Per SharePSEG's 15th Consecutive Dividend Increase and 119th Year Paying a Dividend to Shareholders     NEWARK, N.J., Feb. 26, 2026 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) declared a $0.67 per share quarterly common stock dividend for the first quarter of 2026, payable on or before March 31, 2026, to shareholders of record on March 10, 2026. This action represents an increase of $0.04 per share in the company's quarterly common stock dividend, bringing the 2026 indicative annual rate to $2.68 per share.







"The approximately 6% increase in the 2026 indicative annual dividend rate marks our 15th consecutive annual increase," said Ralph LaRossa, chair, president and chief executive officer of PSEG. "Our success in providing shareholders with consistent and sustainable dividend growth is supported by the company's continued execution in utilizing its strong business mix to deliver predictable earnings and maintaining a solid financial position."All future decisions regarding dividends on the common stock are subject to approval by the Board of Directors.About PSEGPublic Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers.  PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. PSEG aims to power a future where people use energy more efficiently, and it's safer and delivered more reliably than ever. PSEG is a member of the S&P 500 Index and has been named to the Dow Jones Sustainability North America Index for 17 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).Forward-Looking StatementsThe statements contained in this press release that are not purely historical are "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such statements are based on management's beliefs as well as assumptions made by and information currently available to management. Factors that may cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are discussed in our Annual Report on Form 10-K and subsequent reports on Form 10-Q and Form 8-K filed with the Securities and Exchange Commission (SEC), and available on our website: https://investor.pseg.com. All of the forward-looking statements made in this press release are qualified by these cautionary statements and we cannot assure you that the results or developments anticipated by management will be realized or even if realized, will have the expected consequences to, or effects on, us or our business, prospects, financial condition, results of operations or cash flows. Readers are cautioned not to place undue reliance on these forward-looking statements in making any investment decision. Forward-looking statements made in this press release apply only as of the date hereof. While we may elect to update forward-looking statements from time to time, we specifically disclaim any obligation to do so, even in light of new information or future events, unless otherwise required by applicable securities laws.From time to time, PSEG and PSE&G release important information via postings on their corporate Investor Relations website at https://investor.pseg.com. Investors and other interested parties are encouraged to visit the Investor Relations website to review new postings.  You can sign up for automatic email alerts regarding new postings at the bottom of the webpage at https://investor.pseg.com or by navigating to the Email Alerts webpage here.CONTACTS:
Investor Relations
Media RelationsPSEG-IR-GeneralInquiry@pseg.com
DL-ENT-pseg.communications@pseg.com(973) 430-6565
(973) 430-7734







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Original: PSEG Increases 2026 Common Stock Dividend

PSEG To Announce Fourth Quarter and Full Year 2025 Financial Results On February 26February 3, 2026 7:30 AM
PR Newswire (US)

NEWARK, N.J., Feb. 3, 2026 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its fourth quarter and full year 2025 earnings call at 11:00 a.m. ET on Thursday February 26, during which management will discuss fourth quarter and year-end financial results, financial guidance, capital investments, regulatory activities, and other important matters with members of the financial community.







The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations website at https://investor.pseg.com.A replay of the audio webcast, along with the accompanying presentation materials, will be available on the Investor News and Events section of PSEG's Investor Relations website by February 27.About PSEG
Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers. PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. Guided by its Powering Progress vision, PSEG aims to power a future where people use less energy, and it's cleaner, safer and delivered more reliably than ever.  PSEG is a member of the S&P 500 Index and has been named to the Dow Jones Sustainability North America Index for 17 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).From time to time, PSEG and PSE&G release important information via postings on their corporate Investor Relations website at https://investor.pseg.com. Investors and other interested parties are encouraged to visit the Investor Relations website to review new postings.  You can sign up for automatic email alerts regarding new postings at the bottom of the webpage at https://investor.pseg.com or by navigating to the Email Alerts webpage here.  CONTACTS:     
Investor Relations           Media Relations(973) 430-6565                  (973) 430-7734 PSEG-IR-GeneralInquiry@pseg.com           DL-ENT-pseg.communications@pseg.com  



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Original: PSEG To Announce Fourth Quarter and Full Year 2025 Financial Results On February 26

News: $PEG Public Service Enterprise Group Inc (PEG) Q2 2020 Earnings Call Transcript

Image source: The Motley Fool. Public Service Enterprise Group Inc   (NYSE: PEG) Q2 2020 Earnings Call Jul 31, 2020 , 11:00 a.m. ET Operator Continue reading

In case you are interested PEG - Public Service Enterprise Group Inc (PEG) Q2 2020 Earnings Call Transcript

nice

e cee $

y

things r good! This stock always puts a smile on my face!

ol' reliable!

the check is in the mail

PEG bullish 45.87

divvy,divy ..Aruba

nailed it!

boom! shake rattle 'en roll!

38 . 39 .loading zone!

div;s

u betcha!

I'm with you in that!

T s , keep them div'ys a commin

4 shore

Haha makes your head spin I'm sure.

a little spaghetti action.. lol

Storm : http://www.weather.com/storms/hurricane/news/hurricane-joaquin-5-changes-since-yesterday

rough?

Looking rough.

storm on east coast....she's a coming

We will see soon enough.

Interesting... ,wonder how many shares will be issued to the replacement! Izzo made a nice score!

Public Service Enterprise (PEG +0.2%) names Daniel Cregg as its new CFO, replacing Caroline Dorsa, who had previously announced her retirement.

Cregg is a 24-year veteran of the company, most recently as VP finance; before joining PEG, he had worked for Deloitte and Touche.

Dorsa's retirement will take effect Oct. 8, at which time Cregg will assume the position.

did IZZO dump 10 million shares?

divvy pay date .. 9/9/15

Izzo sold like... 10 million shares!

peg bring on thje divy's