PEG
Status-Quo-PlayerPublic Service Enterprise Group
$81.26
-2.26%
as of 13 Apr
Power Core
Power Core in one sentence: PSEG's moat is the regulated monopoly over electricity transmission and distribution in northern New Jersey, anchored by irreplaceable nuclear baseload generation that produces zero-carbon power eligible for federal production tax credits.
Direction of Movement
Upward, Powered by Demand Growth and Policy Alignment
ROC 200
+0.8%
Market data unavailable
Company Profile
Public Service Enterprise Group Incorporated is a diversified energy company operating primarily in the regulated utility and power generation sectors. Its core subsidiary, Public Service Electric and Gas Company (PSE&G), delivers electricity and natural gas services across a broad corridor in New Jersey, serving urban, suburban, and rural communities through extensive transmission and distribution networks. The company also manages PSEG Power, encompassing nuclear, fossil, energy resources, and trading operations that support wholesale energy supply. Additionally, PSEG Long Island provides electricity to customers in Nassau, Suffolk counties, and parts of Queens under a contractual arrangement with the Long Island Power Authority. Public Service Enterprise Group Incorporated emphasizes energy efficiency programs, infrastructure investments, and clean energy initiatives, contributing to regional power reliability and sustainability efforts. Founded in 1985 and headquartered in Newark, New Jersey, it plays a vital role in the northeastern U.S. energy market by integrating regulated utility services with competitive power generation.
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
13,189
Website
https://investor.pseg.com