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.

A full decade of planning and strengthening the electric infrastructure against extreme weather has increased reliability and resilience

UNIONDALE, N.Y., May 3, 2024 /PRNewswire/ -- PSEG Long Island has spent the last decade preparing the utility and the electric grid for hurricanes and other extreme weather. On National Hurricane Preparedness Week, May 5-11, the company announced it is also developing a proactive Climate Change Resilience Plan in partnership with the Long Island Power Authority (LIPA) to address changes in weather patterns projected to occur over the coming decades.

$1.06 PER SHARE NET INCOME

$1.31 PER SHARE NON-GAAP OPERATING EARNINGS

Reaffirms 2024 Non-GAAP Operating Earnings Guidance of $3.60 - $3.70 Per Share

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

PSEG Consolidated (unaudited)First Quarter Comparative Results

Income

Diluted Earnings Per Share

($ millions, except per share amounts)

1Q 2024

1Q 2023

1Q 2024

1Q 2023

Net Income

$532

$1,287

$1.06

$2.58

  Reconciling Items

125

(592)

0.25

(1.19)

Non-GAAP Operating Earnings

$657

$695

$1.31

$1.39

  Average Shares

500

500

NEWARK, N.J., April 16, 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 second quarter of 2024.

All dividends for the second quarter are payable on or before June 28, 2024, to shareholders of record on June 7, 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).

NEWARK, N.J., April 9, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its first quarter 2024 earnings call at 11:00 a.m. ET on Tuesday, April 30, during which management will discuss first 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.

$5.13 PER SHARE NET INCOME$3.48 PER SHARE NON-GAAP OPERATING EARNINGS

Reaffirms 2024 Non-GAAP Operating Earnings Guidance of $3.60 - $3.70 Per Share

NEWARK, N.J., Feb. 26, 2024 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported the following results for the full-year and fourth quarter of 2023:

PSEG Consolidated (unaudited)

Full Year Comparative Results

Income

Diluted EarningsPer Share

($ millions, except per share amounts)

FY 2023

FY 2022

FY 2023

FY 2022

Net Income

$2,563

$1,031

$5.13

$2.06

  Reconciling Items

(821)

708

(1.65)

1.41

Non-GAAP Operating Earnings

$1,742

$1,739

$3.48

$3.47

  Average Shares

500

501

Indicative Annual Dividend Rate Increases to $2.40 Per Share

Marks PSEG's 117th Year of Paying a Common Dividend

NEWARK, N.J., Feb. 13, 2024 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.60 per share quarterly common stock dividend for the first quarter of 2024, payable on or before March 29, 2024, to shareholders of record on March 8, 2024.  This action represents an increase of $0.03 per share in the company's quarterly common stock dividend, bringing the 2024 indicative annual rate to $2.40 per share.

PSEG Long Island employees will never insist and in most cases do not need to come inside

UNIONDALE, N.Y., Feb. 9, 2024 /PRNewswire/ -- In light of a recent home invasion incident in Nassau County involving robbers dressed as utility workers, PSEG Long Island urges customers to know what its employees look like and what they typically do when making visits to a home.

"The safety of customers and employees is our top priority at PSEG Long Island," said Lou Debrino, vice president of Customer Operations for PSEG Long Island. "In most cases, PSEG Long Island employees do not need to come inside your home to perform their work. Most meters are located outside, as is most of the electric equipment our company maintains. Our employees always wear their PSEG Long Island ID cards. Never open the door if you have any suspicion that the person knocking is not a legitimate PSEG Long Island employee."

NEWARK, N.J., Jan. 26, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its fourth quarter and full year 2023 earnings call at 11:00 a.m. ET on Monday, Feb. 26, during which management will discuss fourth quarter and full year 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.

NEWARK, N.J., Jan. 24, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that Ricardo (Ric) G. Pérez has been elected to its Board of Directors, effective January 22, 2024.

Pérez's election is part of PSEG's commitment to safe and reliable nuclear energy. A retired energy executive with more than 35 years of industry experience, Pérez held the leadership roles at the Tennessee Valley Authority (TVA) of senior vice president and chief administrative officer and senior vice president, Nuclear Operations Support and Projects from 2013 to 2017. Prior to TVA, Pérez served the Westinghouse Electric Company from 1981 to 2013, including as president and chief operating officer from 2010 to 2013.

PSE&G Prioritizes Affordability while Enhancing Reliability

NEWARK, N.J., Dec. 29, 2023 /PRNewswire/ -- PSE&G, New Jersey's largest electric and gas utility, today filed its scheduled rate case with the New Jersey Board of Public Utilities. Filed as required by the NJ Board of Public Utilities' rules, this rate case is PSE&G's first comprehensive electric and gas rate case in nearly six years. A main component of the case is to recover capital investments made to strengthen and modernize the state's electric and gas infrastructure since PSE&G's last rate case in 2018. PSE&G's request is among the lowest proposed rate increases filed by a NJ public utility over the past several years. 

NEWARK, N.J., Dec. 19, 2023 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) has initiated 2024 non-GAAP Operating Earnings guidance in the range of $3.60 to $3.70 per share. The midpoint of the Company's 2024 guidance represents earnings growth of approximately 6% from the midpoint of its 2023 non-GAAP Operating Earnings guidance of $3.40 to $3.50 per share. 

"Consistent with an improved business mix and a platform for predictable growth, PSEG has introduced 2024 non-GAAP Operating Earnings guidance that follows our existing long-term outlook for compound annual earnings growth in the range of 5% to 7% for 2023 through 2027," said Ralph LaRossa, PSEG's chair, president, and CEO.