Public Service Enterprise Group Incorporated
PSEG to Provide 2024-2028 Guidance in Investor Meetings
Summary
Public Service Enterprise Group Incorporated (PSEG) and Public Service Electric and Gas Company (PSE&G) announced they will provide guidance on their 2024-2028 non-GAAP Operating Earnings compound annual growth rate (CAGR) and PSE&G's Capital Investment Plan and Rate Base CAGR during scheduled investor meetings in January 2024.
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About Public Service Enterprise Group Incorporated
Public Service Enterprise Group Incorporated, commonly referred to as PSEG, is a diversified energy company based in the United States. Its primary function is to generate and supply electricity and gas to a wide range of consumers, including residential, commercial, and industrial clients, predominantly in the Northeastern region. PSEG operates through its main subsidiaries: PSEG Power, which involves the company's energy generation endeavors, and PSE&G, a regulated public utility providing gas and electric service to New Jersey residents. PSEG Power focuses on producing electricity through a mix of environmentally friendly sources, including nuclear, coal, natural gas, and renewable energy, highlighting the company's commitment to sustainable energy solutions. Meanwhile, PSE&G services over 2 million electric customers and nearly 2 million gas customers, placing it among the largest combined electric and gas companies in the U.S. As an integral player in the energy sector, PSEG contributes significantly to the regional infrastructure and economy, emphasizing reliability and innovative customer solutions. Established over a century ago, its consistent focus on modernizing energy generation and distribution positions it as a vital component of the region’s energy landscape.
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