Public Service Enterprise Group (NYSE:PEG) (NYSE: PEG) is a diversified energy company that operates primarily in New Jersey. Its core businesses include a regulated utility that delivers electric and natural gas service to residential, commercial and industrial customers, as well as generation and energy services operations that participate in wholesale power markets. The company’s activities encompass transmission and distribution, power generation operations, and related energy infrastructure services.
The regulated utility arm, Public Service Electric and Gas Company (PSE&G), is responsible for owning and maintaining electric and gas networks, connecting customers, performing meter and billing services, and managing system reliability and storm response. PSE&G focuses on infrastructure investment and grid modernization to support reliability, customer service and compliance with state energy policy. The utility business represents the company’s primary, rate-regulated customer-facing operations.
Beyond regulated delivery, PSEG operates generation businesses that include nuclear and other thermal assets and provides operations, maintenance and wholesale market participation. PSEG Nuclear operates nuclear generating facilities and is responsible for plant operations, safety and regulatory compliance. The company’s generation organizations engage in competitive wholesale markets and support regional grid reliability, including participation in the PJM market that serves much of the Mid-Atlantic region.
Headquartered in Newark, New Jersey, Public Service Enterprise Group has grown from its roots as a regional utility into a holding company structure that combines regulated and competitive energy businesses. The firm is governed by a board of directors and an executive leadership team responsible for strategy, regulatory relations and operational execution. While its primary service territory is New Jersey, its generation and market activities place it into broader regional wholesale energy markets. I couldn't find enough public detail to provide a reliable current roster of executive names without risk of inaccuracy.
