Public Service Enterprise Group (NYSE:PEG) (NYSE: PEG), commonly known as PSEG, is a diversified energy company headquartered in Newark, New Jersey. Established in 1903, PSEG traces its roots to the early days of electric and gas service in the region and has grown into one of the nation’s leading utilities and power producers. The company’s operations span regulated distribution, power generation, and renewable energy development.
Through its principal subsidiary, Public Service Electric and Gas Company (PSE&G), PSEG provides regulated electric and natural gas service to residential, commercial and industrial customers across New Jersey. PSE&G delivers energy via an extensive network of transmission and distribution lines, serving millions of electric and gas customers and maintaining one of the most reliable systems in the region.
Beyond its regulated utility business, PSEG owns and operates power generation assets under PSEG Power LLC, including fossil‐fueled plants and the Salem and Hope Creek nuclear facilities. The company also manages electric distribution on Long Island under a long‐term contract with the Long Island Power Authority and invests in renewable energy projects through PSEG Solar Source. These complementary segments help PSEG balance regulated returns with competitive generation and clean energy growth.
PSEG is led by President and Chief Executive Officer Ralph A. LaRossa, under whose guidance the company continues to focus on grid modernization, climate resilience and customer service. With a history spanning more than a century, PSEG remains committed to providing safe, reliable energy while advancing sustainability initiatives across the markets it serves.
