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About PSEG
About PSEG
Fast Facts About PSEG
Public Service Enterprise Group (PSEG) is a publicly traded (NYSE:PEG), growing energy and energy services company headquartered in New Jersey. 
  • Total assets: $28.6 billion
  • Total revenues: $12.2 billion
  • Employees: 10,000
  • In 2003, PSEG celebrated its 100th anniversary.
  • PSEG has paid a dividend annually since 1907.
  • PSEG is ranked 249 on the 2006 Forbes 400 Best Big Companies list.
  • PSEG is ranked 178 on the 2006 Fortune 500 list.

Its main subsidiaries are: Public Service Electric and Gas Company (PSE&G), PSEG Power LLC and PSEG Energy Holdings LLC.

Public Service Electric and Gas Company (PSE&G)

PSE&G is a regulated utility delivering gas and electric service safely and reliably to areas of New Jersey in which about 70% of the population reside.

  • Electric customers: 2.1 million
  • Gas customers: 1.7 million
  • Service Territory: 2,600 square miles
  • Reliability: For the second year in a row, PSE&G was named the most reliable electric utility in the nation, winning the prestigious ReliabilityOne National Achievement Award from PA Consulting, a national industry benchmarking group. 
  • Other products and services: appliance repair business, business relocation assistance programs, and energy conservation programs

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PSEG Power LLC

PSEG Power LLC is a major unregulated independent power producer in the U.S. with three main subsidiaries: PSEG Fossil LLC, PSEG Nuclear LLC, and PSEG Energy Resources and Trade LLC.

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PSEG Energy Holdings LLC

With assets in excess of $7 billion, PSEG Energy Holdings has two main unregulated energy-related businesses: PSEG Global and PSEG Resources.

PSEG Global owns and operates domestic and international generation plants and distribution systems.

  • Total assets: More than $3.7 billion
  • Total Megawatts (MW) in operation: 3,007 MW net ownership
  • Number of customers: 2,940,000

PSEG Resources manages a diverse portfolio of energy related financial investments.

  • Established: In 1985
  • Portfolio: Includes more than 50 separate investments, including leveraged leases, operating leases, leveraged buyout funds, limited partnerships and marketable securities. No single investment makes up more than 9% of total assets.
  • Total assets: Approximately $3 billion

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PSEG Services Corporation

PSEG Services Corporation was formed in 1999 to provide quality, value-added services to internal clients within the Enterprise family of companies.  The Services Corporation achieves results for the Enterprise through innovative leadership, superior service and leading-edge technology solutions.  Click here to read more about PSEG Services Corporation.

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For More Information ...

For more details on PSEG's Companies, please visit the Our Family of Companies area of PSEG.com.

Information accurate as of December 31, 2006. For updated information check SEC documents. 

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