Newsroom

PSEG’s newsroom is your source for the latest news about PSEG’s vision to power a future where people use less energy, and it’s cleaner, safer and delivered more reliably than ever. From stories highlighting our ESG efforts to those highlighting our infrastructure improvements, you’ll find it all here.

LATEST NEWS

ROI-NJ - Forbes America’s Best Large Employers 2023 Features Mix of Industries

February 16, 2023

Forbes partnered with the market research firm Statista, which surveyed about 45,000 workers at American companies and institutions with more than 5,000 employees. Participants were asked if they would recommend their current employers to friends and family. The final list ranks the 500 companies that received the most recommendations.

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Two business women shaking hands.

PSEG Has 500 Open Jobs in Newark; 'Clean Energy' Fuels Hiring Push

February 13, 2023

New Jersey’s largest gas and electric delivery public utility, PSE&G, is looking to fill more than 500 open positions in Newark.

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College student is shown, wearing a back pack on campus.

Choose New Jersey Brings 4,700 Jobs to NJ in 2022

February 13, 2023

“Innovation and opportunity continue to thrive in this environment. The success of this past year is a testament to this organization’s efforts and the fact that New Jersey is the best place to establish and grow a business.” - Ralph LaRossa, chairman of Choose New Jersey, Inc. and president and CEO of PSEG.

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ROI Influencers: Power List 2023 — Super 60

February 9, 2023

Congratulations to PSEG’s Ralph LaRossa, Kim Hanemann and Rick Thigpen for being named to ROI’s Influencers power list 2023.

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Ralph LaRossa, President and Chief Executive Officer, Public Service Enterprise Group Inc.

ROI-NJ - PSE&G to Lower Gas Supply Charge By 23%, Effective Feb. 1

February 8, 2023

PSEG’s new President and CEO Ralph LaRossa speaks with Steve Adubato about the need for energy efficiency, and PSEG’s storm and flood preparedness efforts.

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Solar panels and windmills in a field

Utility Transformation to Carbon-Free Electricity

February 7, 2023

Thank you, Smart Electric Power Alliance for recognizing PSEG on the 2023 #UtilityChallenge Leaderboard! We are proud to be among the utilities accelerating the transformation to a modern, carbon-free future.

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Press Releases

PSE&G Celebrates 6th Annual Global Recycling Day

March 17, 2023

PSE&G is celebrating the 6th annual Global Recycling Day by encouraging customers with older appliances in their homes to participate in Appliance Recycling and Rebates programs. The programs provide both rebates for recycling your old, inefficient appliances, as well as for the purchase of new, ENERGY STAR® certified models.

PSEG 2023 Investor Conference Highlights Improved Business Mix and Platform for Predictable Growth

March 9, 2023

PSEG will hold its 2023 Investor Conference in New York on Friday, March 10. PSEG Chair, President and CEO Ralph LaRossa will provide investors with an overview of the company’s improved business profile resulting from several important milestones over the past 18 months to increase the company’s earnings, dividend and cash flow predictability and further pursue its vision for a future where people use less energy, and it’s cleaner, safer and delivered more reliably than ever.

It’s Consumer Protection Week: Learn the Telltale Signs of a Scam

March 7, 2023

PSE&G urges customers to be alert to utility scams – particularly scams demanding immediate bill payment. 

PSE&G Proposes Third Phase of Gas System Modernization Program that Strengthens the State’s Infrastructure and Sustains Thousands of Jobs

March 1, 2023

PSE&G today filed for a three-year, $2.54 billion extension of its Gas System Modernization Program (GSMP) with the New Jersey Board of Public Utilities. The proposal would continue the utility’s work to update its existing infrastructure to improve reliability and reduce greenhouse gas emissions (GHG) by replacing aged pipes with modern ones, and sustaining the thousands of jobs and skilled workforce created under GSMP II with the prospect of creating more jobs.

PSEG 2023 Investor Conference to be Held on March 10

February 24, 2023

Public Service Enterprise Group Incorporated (PSEG) will host its 2023 investor conference from 9 a.m. to 12 noon on March 10, 2023. The event will be broadcast live by video webcast, which can be accessed, along with accompanying presentation materials, on the Investor News and Events section of PSEG’s Investor Relations website at https://investor.pseg.com.

National Society of Black Engineers Receives Forty Thousand Dollar PSEG Foundation Grant to Launch STEM Education Diversity Advocacy Program

February 23, 2023

The National Society of Black Engineers (NSBE) has been awarded $40,000 from the PSEG Foundation to launch the RISE Advocacy Training Program – a virtual cohort experience that provides hands-on policy and advocacy training for students in higher education.

PSE&G Lowering Gas Bills by 2.6% Annually, Effective March 1

February 22, 2023

PSE&G announced today that it is lowering gas bills for its residential customers effective March 1, 2023.

PSEG Announces 2022 Results

February 21, 2023

Public Service Enterprise Group (PSEG) reported full-year 2022 Net Income of $1,031 million, or $2.06 per share, compared to a Net Loss of $648 million, or $1.29 per share for full-year 2021.  Non-GAAP Operating Earnings for 2022 were $1,739 million, or $3.47 per share, compared to $1,853 million, or $3.65 per share for 2021. 

PSEG Increases 2023 Common Stock Dividend

February 14, 2023

The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.57 per share quarterly common stock dividend for the first quarter of 2023, payable on March 31, 2023 to shareholders of record on March 10, 2023. This action represents a $0.03 per share, or 5.6% increase, in the company’s quarterly common stock dividend and brings the 2023 indicative annual rate to $2.28 per share.

PSE&G Lowering Gas Supply Charge by 23%, effective Feb. 1

January 25, 2023

PSE&G announced today that it is lowering gas bills for its residential customers effective Feb. 1, 2023.

PSE&G Receives Inaugural 2022 EV Charging Hero Award from EVgo

January 23, 2023

Public Service Electric and Gas Company, New Jersey’s largest utility with 2.3 million electric customers and 1.9 million gas customers, received the inaugural 2022 Connect the Watts™ National EV Charging Hero Award – from EVgo Inc. (EVgo) as part of their National EV Charging recognition program. 

PSEG to Sell its 25% Equity Stake in Ocean Wind 1 to Ørsted

January 18, 2023

(Newark, N.J. – January 18, 2023) Public Service Enterprise Group (PSEG) has agreed to sell Ørsted its 25% equity stake in the Ocean Wind 1 offshore wind energy project, providing Ørsted with 100% ownership of the project. Ørsted, America's largest offshore wind energy company, will proceed with development of the project with PSEG supporting onshore infrastructure construction.

PSEG Named One of America’s Most JUST Companies by JUST Capital and Media Partner CNBC

January 11, 2023

PSEG was named one of America’s Most JUST Companies and recognized for its commitment to serving its customers, workforce, communities, the environment and shareholders.

PSE&G Helps Customers Make the Most Out of National Cut Your Energy Costs Day

January 6, 2023

In recognition of National Cut Your Energy Costs Day – Jan. 10 – PSE&G is helping customers continue to reduce energy use, minimize their carbon footprint and save on energy bills in the new year and beyond.