PSEG

Public Service Enterprise Group (PSEG) is a publicly regulated energy holding company headquartered in Newark, New Jersey. Founded in 1903, it owns and operates Public Service Electric and Gas (PSE&G), one of the largest electric and gas utilities in the United States. The company’s operations span power generation, energy delivery, and infrastructure services, serving millions of customers across New Jersey and Long Island. Its subsidiaries lude PSEG Power and PSEG Services Corporation. PSEG plays a key role in regional grid reliability under compliance with NERC and FERC standards and spearheads projects focused on clean energy and decarbonization. In 2024, the company reported revenue of $10.2 billion (+2% year‑over‑year) and total assets of $54.6 billion. PSEG’s Powering Progress initiative targets net‑zero emissions by 2035 through renewable integration and grid modernization programs in partnership with state regulatory agencies.