Public Service Enterprise Group Inc. (PSEG)

https://www.pseg.com

Public Service Enterprise Group Inc. (PSEG) is a predominantly regulated energy company headquartered in Newark, New Jersey. Established in 1903, PSEG's mission is to be a positive force in a changing world by providing infrastructure to access safe, affordable, reliable, and cleaner energy, working toward a carbon-free economy, and empowering its customers, communities, and workforce.

The company's core business involves electric transmission and distribution, gas distribution, and power generation, primarily through its principal subsidiaries: Public Service Electric and Gas Company (PSE&G), PSEG Long Island, and PSEG Power. PSE&G serves residential, commercial, and industrial customers across New Jersey, while PSEG Long Island operates the electric transmission and distribution system for customers in Long Island and the Rockaways. PSEG Power focuses on wholesale energy sales, including operating nuclear generating assets.

Under the leadership of Ralph A. LaRossa as chair, president, and chief executive officer, PSEG is strategically focused on clean energy, decarbonization, and significant infrastructure investments to modernize its grid and enhance reliability. The company aims to achieve net-zero carbon emissions by 2050 and has been recognized for its environmental initiatives and corporate citizenship. Recent activities include quarterly dividend declarations, announcements of financial results, and continued implementation of energy efficiency programs that have resulted in substantial customer savings.

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