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PJM Board approves new MOPR plan in effort to placate states, FERC

July 9, 2021

The PJM Interconnection's Board of Directors on Thursday approved the grid operator's proposed plan to mitigate the impacts of the minimum offer price rule (MOPR) in on the wholesale power market.

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Solar panels and windmills in a field

Large companies rally around US clean power standard amid political battles

July 7, 2021

Nearly 90 companies and organizations, including several tech giants and two large power producers, signed on to a letter urging the U.S. Congress to enact a federal clean electricity standard.

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Solar + Storage = reliable, resilient energy for critical customers - Energize Blog

PSEG completes sale of 25-facility solar portfolio

June 30, 2021

Public Service Enterprise Group has completed the sale of a solar portfolio to Quattro Solar LLC, it announced this week.

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For First Time In Company's History, Woman to Lead PSE&G

June 15, 2021

Kim Hanemann, current senior vice president and chief operating officer at PSE&G, will make history this month when she becomes the first woman to lead the utility in its 118-year history.

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Press Releases

Prepared for Severe Thunderstorms

July 21, 2021
PSEG Long Island is ready for the severe thunderstorms and high winds that may hit the service area later today. With the potential for hail and wind gusts up to 60 mph, PSEG Long Island employees are performing system checks and prepping for potential outages. 

PSEG DECLARES REGULAR QUARTERLY DIVIDEND FOR THIRD QUARTER OF 2021

July 20, 2021
The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.51 per share dividend on the outstanding common stock of the company for the third quarter of 2021.

PSE&G Reaches Agreement to Lower Transmission Rates; Will File Agreement With FERC; Electric Customers to Save Approximately $140 Million a Year

July 14, 2021
PSE&G executed an agreement today with the New Jersey Board of Public Utilities and New Jersey Division of Rate Counsel related to its transmission rates that would save the typical electric residential customer about 3% on their bill, or approximately $3 per month. If approved by the Federal Energy Regulatory Commission, the agreement would reset the base return on equity for PSE&G’s transmission formula rate at 9.9%, reduced from 11.18%. Combined with other elements of the settlement, PSE&G’s transmission revenues would be lowered by approximately $140 million per year.

PSEG Long Island Upgrades Transmission Infrastructure Between East Shoreham, Riverside

July 13, 2021
PSEG Long Island has completed upgrades to an important transmission line running between East Shoreham and Riverside that will help ensure the infrastructure continues to meet growing demand in the area.

PSEG Long Island Storm Update — Friday, July 9, 2021, 3:30 p.m.

July 9, 2021
Tropical Storm Elsa brought heavy rain and strong winds across Long Island and the Rockaways, toppling branches, limbs and wires. Crews worked in challenging conditions to repair the damage. As of 3:15 p.m. today, PSEG Long Island has restored service to 89.5% (more than 24,000) of customers affected by the storm.