Quarterlytics / Utilities / Regulated Electric / Public Service Enterprise Group

Public Service Enterprise Group

PEG · LSE Utilities
Claim this profile
Ticker PEG
Exchange LSE
Sector Utilities
Industry Regulated Electric
Employees 51-200

Business description

Public Service Enterprise Group Incorporated, a prominent energy company primarily operating in the Mid-Atlantic United States, saw an impressive financial performance in recent years. The company is divided into two segments: PSE&G and PSEG Power. The PSE&G branch, responsible for transmitting and distributing electricity and gas to residential, commercial, and industrial customers, also invests in cutting-edge solar generation projects, energy efficiency programs, and related services such as appliance maintenance and repair. As of December 31, 2022, PSE&G possesses a robust electric transmission and distribution system of 25,000 circuit miles and 864,000 poles, 55 switching stations with an installed capacity of 39,653 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,735 MVA. It also boasts 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was founded in 1985 and is headquartered in Newark, New Jersey.

pseg.com
Is this your company?
Claim profile to control your coverage, no call required.
Company facts
TickerPEG
ExchangeLSE
Sector Utilities
Industry Regulated Electric
Employees51-200