$3.54 PER SHARE NET INCOME

$3.68 PER SHARE NON-GAAP OPERATING EARNINGS

Indicative Annual Dividend Rate Increases by 5% to $2.52 Per Share

PSEG's 118th Year of Paying a Common Dividend to Shareholders

NEWARK, N.J., Feb. 11, 2025 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.63 per share quarterly common stock dividend for the first quarter of 2025, payable on or before March 31, 2025, to shareholders of record on March 10, 2025. This action represents an increase of $0.03 per share in the company's quarterly common stock dividend, bringing the 2025 indicative annual rate to $2.52 per share.

NEWARK, N.J., Feb. 4, 2025 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its fourth quarter and full year 2024 earnings call at 11:00 a.m. ET on Tuesday, February 25, during which management will discuss fourth quarter and year end financial results, financial guidance, capital investments, regulatory activities, and other important matters.

The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations website at https://investor.pseg.com.

Second Dual Win Continues Legacy of Excellence

NEWARK, N.J., Jan. 6, 2025 /PRNewswire/ -- Public Service Electric & Gas (PSE&G), New Jersey's largest utility, is proud to announce that J.D. Power has recognized PSE&G as the top utility for residential customer satisfaction in both the electric and gas customer service categories in the East Large Segment for 2024. This achievement marks the second time PSE&G has earned this prestigious dual recognition for its residential customer satisfaction.

The Neighborhood Partners Program has supported over 400 nonprofits in 14 counties across New Jersey and Long Island

NEWARK, N.J., Dec. 16, 2024 /PRNewswire/ -- The PSEG Foundation celebrated a decade of community impact through its Neighborhood Partners Program (NPP), hosting a special event to honor more than 400 nonprofit organizations that have received nearly $8 million in grants since the program's inception. This year, the program set new records, with an 11% increase in applications and $1.2 million in total giving—a 20% rise from last year's $1 million.

NEWARK, N.J., Nov. 19, 2024 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.60 per share dividend on the outstanding common stock of the company for the fourth quarter of 2024.

All dividends for the fourth quarter are payable on or before December 31, 2024, to shareholders of record on December 10, 2024.

About PSEG

Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company focused on a clean energy future. Guided by its Powering Progress vision, PSEG aims to power a future where people use less energy, and it's cleaner, safer and delivered more reliably than ever. With a continued focus on sustainability, PSEG has appeared on the Dow Jones Sustainability North America Index for 16 consecutive years. PSEG is included on the 2023-2024 list of U.S. News' Best Companies to Work For. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).

PSE&G receives the 2024 ReliabilityOne® Award for Outstanding Metropolitan Service Area Reliability Performance in the Mid-Atlantic Region for the 23rd consecutive year and the 2024 ReliabilityOne® Outstanding Customer Engagement Award

NEWARK, N.J., Nov. 14, 2024 /PRNewswire/ -- Public Service Electric & Gas, New Jersey's largest utility, is the recipient of the 2024 ReliabilityOne® Award for Outstanding Reliability Performance in the Mid-Atlantic Metropolitan Service Area. For the second consecutive year, PSE&G also received the 2024 ReliabilityOne® Outstanding Customer Engagement Award nationally. ReliabilityOne® Awards are given annually to the utilities that have achieved outstanding reliability performance and have excelled in delivering the most reliable electric service to their customers.

Company reminds those struggling with bills that state programs are available

UNIONDALE, N.Y., Nov. 4, 2024 /PRNewswire/ -- As winter heating season approaches, PSEG Long Island reminds customers that programs exist to help people struggling with utility bills. There are also many ways they can lower their bills by using energy wisely.

"While PSEG Long Island is not a provider of natural gas or heating oil, we want all of our customers to be able to keep their homes warm this winter," said Lou DeBrino, PSEG Long Island's vice president of Customer Operations. "To help customers manage their electricity expenses, we offer resources, tips and a variety of energy efficiency programs. There are also state programs that can help with heating costs. We know some customers are struggling to pay bills, and we encourage them to reach out to us to enroll in a deferred payment agreement and learn about available financial assistance programs. We're here to help."

$1.04 PER SHARE NET INCOME

$0.90 PER SHARE NON-GAAP OPERATING EARNINGS

PSE&G Distribution Base Rate Case Settlement Approved and Implemented

PSE&G's Energy Efficiency Programs Expanded and Extended

PSEG Narrows Full-Year 2024 Non-GAAP Operating Earnings Guidance  

NEWARK, N.J., Nov. 4, 2024 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported the following results for the third quarter of 2024:

$4 Billion in Projected Lifetime Bill Savings for Participating Customers

NEWARK, N.J., Oct. 30, 2024 /PRNewswire/ -- PSE&G today announced the approval of its Clean Energy Future - Energy Efficiency II Program (CEF-EE II) by the New Jersey Board of Public Utilities (NJBPU). Spanning from January 2025 to June 2027, this next program cycle is designed to continue delivering energy efficiency programs and measures to help New Jersey residents and businesses save energy, reduce utility costs and lower carbon emissions.

NEWARK, N.J., Oct. 14, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its third quarter 2024 earnings call at 11:00 a.m. ET on Monday, November 4, during which management will discuss third quarter financial results, financial guidance, capital investments, regulatory activities, and other important matters.

The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations website at https://investor.pseg.com.

First Base Rate Increase in Six Years, an Annual Increase of About One Percent

NEWARK, N.J., Oct. 9, 2024 /PRNewswire/ -- Today, the New Jersey Board of Public Utilities (BPU) approved a settlement agreement that PSE&G had reached with BPU staff, the New Jersey Division of Rate Counsel and other parties to PSE&G's electric and gas distribution base rate case filed in December 2023. The settlement advances PSE&G's ability to continue providing customers with affordable, award-winning service and customer care while also providing the financial strength necessary to maintain a reliable and resilient energy grid. 

A decade of planning and strengthening the grid has increased reliability and resilience

UNIONDALE, N.Y., Sept. 26, 2024 /PRNewswire/ -- Coinciding with Climate Week 2024, PSEG Long Island and the Long Island Power Authority (LIPA) have partnered to publish a proactive Climate Change Resilience Plan (CCRP) to address changes in weather patterns projected over the coming decades. To review the full Climate Change Resilience Plan, click here.

Experience the full interactive Multichannel News Release here: https://www2.multivu.com/pseg-long-island/9270452-en-pseg-long-island-climate-change-resilience-plan-climate-week-2024

 Less volatile commodity prices and solid cost management enabling decrease for customers

NEWARK, N.J., Sept. 26, 2024 /PRNewswire/ -- PSE&G announced today it is lowering gas bills for its residential customers by about 5%, effective Oct. 1, 2024, managing to keep costs down while improving the reliability of our gas system.

"This is an opportunity to lower our gas supply rate, providing our customers with some price relief and helping to maintain affordability," said Dave Johnson, vice president Customer Care & Chief Customer Officer. "We're pleased that we will continue to have not only the lowest gas rate in the state, but the lowest in the region."

PSEG Deputy General Counsel and Chief Litigation Counsel Grace Park Appointed as Executive Vice President and General Counsel to Succeed Linde

NEWARK, N.J., Sept. 17, 2024 /PRNewswire/ -- As part of a planned succession process, PSEG announces that Executive Vice President and General Counsel Tamara L. Linde plans to retire from PSEG effective March 14, 2025. PSEG Deputy General Counsel and Chief Litigation Counsel Grace Park has been appointed Executive Vice President and General Counsel, effective September 16, 2024, and will continue to report to Linde until Linde's retirement. In support of a smooth transition of leadership, Linde will shift to the role of Executive Vice President and Chief Legal Officer, effective September 16, 2024.

$0.87 PER SHARE NET INCOME

$0.63 PER SHARE NON-GAAP OPERATING EARNINGS

Reaffirms Full-Year 2024 Non-GAAP Operating Earnings Guidance

NEWARK, N.J., July 30, 2024 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported the following results for the second quarter of 2024:

PSEG Consolidated (unaudited)Second Quarter Comparative Results

Income

Diluted Earnings Per Share

($ millions, except per share amounts)

2Q 2024

2Q 2023

2Q 2024

2Q 2023

Net Income

$434

$591

$0.87

$1.18

  Reconciling Items

(121)

(240)

(0.24)

(0.48)

Non-GAAP Operating Earnings

$313

$351

$0.63

$0.70

  Average Shares

500

500

UNIONDALE, N.Y., July 25, 2024 /PRNewswire/ -- Summer has arrived, and PSEG Long Island is prepared for hurricane season and to meet peak demand during extreme heat situations in the coming months.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9270451-pseg-long-island-prepared-summer-2024/

"Providing reliable electric service to approximately 1.2 million customers is a long-term commitment, and our personnel work year-round to ensure the grid is ready for summer's extreme weather conditions," said Michael Sullivan, vice president of Electric Operations, PSEG Long Island. "The improvements we have made over the past decade continue to help us deliver consistent, resilient power to our customers, today and in the future."

NEWARK, N.J., July 15, 2024 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.60 per share dividend on the outstanding common stock of the company for the third quarter of 2024.

All dividends for the third quarter are payable on or before September 30, 2024, to shareholders of record on September 9, 2024.

About PSEG

Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company focused on a clean energy future. Guided by its Powering Progress vision, PSEG aims to power a future where people use less energy, and it's cleaner, safer and delivered more reliably than ever. With a continued focus on sustainability, PSEG has appeared on the Dow Jones Sustainability North America Index for 16 consecutive years. PSEG is included on the 2023-2024 list of U.S. News' Best Companies to Work For. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).

Over 97,000 Retail Appliance Rebates Provided and Approximately $12 Million on Utility Bills Saved for Business Customers Participating in the PSE&G Small Business Direct Install Program

NEWARK, N.J., July 9, 2024 /PRNewswire/ -- PSE&G's latest report on its Clean Energy Future Energy Efficiency (CEF-EE) initiatives indicates a continuation of positive results from programs implementation through March 31, 2024. Over 380,000 customers have taken action to save energy and money through PSE&G's suite of energy efficiency programs.

NEWARK, N.J., July 2, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its second quarter 2024 earnings call at 11:00 a.m. ET on Tuesday, July 30, during which management will discuss second quarter financial results, financial guidance, capital investments, regulatory activities, and other important matters.

The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations website at https://investor.pseg.com.