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Last updated on April 17, 2014 at 12:58 EDT

Latest Public Service Electric and Gas Company Stories

2012-07-31 06:22:40

HACKENSACK, N.J., July 31, 2012 /PRNewswire/ -- New Jersey Governor Chris Christie lent a hand today as Public Service Electric and Gas (PSE&G) and union workers broke ground on a renewable energy project that will transform a dormant Hackensack, NJ brownfield into a solar farm. While kicking off work at the job site, PSEG chairman, president and CEO Ralph Izzo also announced that the utility will request New Jersey Board of Public Utilities (BPU) approval to invest up to $883...

2012-07-31 02:22:03

NEWARK, N.J., July 31, 2012 /PRNewswire/ -- Public Service Enterprise Group (PSEG) reported today Second Quarter 2012 Income from Continuing Operations of $211 million or $0.42 per share as compared to $320 million or $0.63 per share for the Second Quarter of 2011. Operating Earnings for the Second Quarter of 2012 were $215 million or $0.43 per share compared to the Second Quarter of 2011 Operating Earnings of $301 million or $0.59 per share. "PSEG reported earnings for the quarter in line...

2012-07-25 06:21:14

NEWARK, N.J., July 25, 2012 /PRNewswire/ -- PSEG has renewed the lease on the well-known building in downtown Newark that houses its corporate headquarters, reaffirming its commitment to New Jersey and its desire to invest in energy efficiency. With its new 15-year lease, PSEG will call the landmark building at 80 Park Plaza home through the year 2030. PSEG has called Newark home for more than a century. While this is not the first building in the city the company has occupied, the 26-story...

2012-07-23 06:22:20

PRINCETON, N.J., July 23, 2012 /PRNewswire/ -- The Organizing Committee of the 2014 Special Olympics USA Games today announced a $1 million commitment from PSE&G, making the company a Founding Partner of the 2014 Special Olympics USA Games. The Games are expected to have a $50 million impact on New Jersey's economy as thousands of athletes, coaches, and supporters descend upon the Garden State for the Games. The Games will be the largest Special Olympics national...

2012-07-17 06:23:39

NEWARK, N.J., July 17, 2012 /PRNewswire/ -- The board of directors of Public Service Enterprise Group (PSEG) has declared a quarterly dividend of 35.50 cents per share of common stock for the third quarter of 2012. (NYSE: PEG) All dividends for the third quarter are payable on or before September 28, 2012, to stockholders of record on September 7, 2012. Forward-Looking StatementsThe statements contained in this communication about us and our subsidiaries' future performance, including,...

2012-06-27 06:21:56

UNIONDALE, N.Y., June 27, 2012 /PRNewswire/ -- The Long Island Power Authority (LIPA) announced today that it has received all necessary approvals for a new operating services agreement with PSEG Long Island, LLC, an indirect subsidiary of Public Service Enterprise Group (PSEG). The transition services and operating services agreements, approved by the New York State Attorney General, the Office of the State Comptroller, and the Internal Revenue Service, are part of LIPA's move to an improved...

2012-06-26 10:22:17

OVERLAND PARK, Kan., June 26, 2012 /PRNewswire/ -- The Utilities Service Alliance (USA) Board of Directors gathered in Colorado Springs, CO., recently to conduct its annual meeting and reelected Thomas P. Joyce, President and Chief Nuclear Officer of PSEG Nuclear for a second term as USA Board Chairman, said USA's President and Chief Executive Officer Carl Parry. Joyce has served as chairman of USA since July 2010 and will continue in this role through June 2014. "I am very pleased the Board...

2012-06-20 10:21:06

NEWARK, N.J., June 20, 2012 /PRNewswire/ -- PSE&G, New Jersey's largest utility, was named an NJBIZ "Healthcare Hero" yesterday in recognition of its innovative energy efficiency program for hospitals. The award was given as part of the newspaper's annual program that honors the efforts of individuals and organizations that are making a significant impact on the quality of health care in New Jersey. PSE&G won in the innovation category for its $129 million hospital energy...

2012-06-19 10:22:05

NEWARK, N.J., June 19, 2012 /PRNewswire/ -- Public Service Enterprise Group (PSEG) today announced that Alfred W. Zollar has been elected to its Board of Directors, effective immediately. Zollar retired from IBM in 2011, after a 34-year executive career, during which he held leadership roles for all units within IBM's Software Group division. From 2004 to 2011, Zollar served as general manager for the Tivoli Software unit, a global, multi-billion dollar business. After...

2012-06-19 06:23:07

NEWARK, N.J., June 19, 2012 /PRNewswire/ -- Public Service Electric and Gas Co. (PSE&G) is ready to meet this summer's peak electric demand as customers benefit from lower electricity costs. "Going into the summer, customers want to know two things: Will there be enough electricity to run my air conditioner and fans? And, how much is the power going to cost me? We're pleased to have good answers to both those questions," said Ralph LaRossa, PSE&G president and COO. LaRossa said...