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About PSEG
About PSEG
Fast Facts About PSEG
Public Service Enterprise Group (PSEG) is a publicly traded (NYSE:PEG) diversified energy company headquartered in New Jersey, and one of the ten largest electric companies in the U.S.
  • Total assets: $29 billion
  • Total annual revenues: $13.3 billion
  • Employees:  Approximately 10,500
  • In 2003, PSEG celebrated its 100th anniversary.
  • PSEG has paid a dividend annually since 1907.
  • PSEG is ranked 101 on the 2008 Forbes 400 Best Big Companies list.
  • PSEG is ranked 198 on the 2008 Fortune 500 list.
  • PSEG received NJBiz Magazine's 2007 New Jersey Corporation of the Year award for financial results, leadership on environmental issues and commitment to New Jersey.

PSEG's principal subsidiaries are: Public Service Electric and Gas Company (PSE&G), PSEG Power and PSEG Energy Holdings.

Public Service Electric and Gas Company (PSE&G)

PSE&G is a regulated public utility company engaged in the transmission and distribution of gas and electricity to nearly three quarters of New Jersey's population.

  • Electric customers: 2.1 million
  • Gas customers: 1.7 million
  • Service Territory: Approximately 2,600 square miles, from Bergen to Gloucester Counties
  • Reliability: In 2008 PSE&G was named for the third time as America's most reliable electric utility, by receiving the prestigious National Reliability Excellence Award from the industry benchmarking group, PA Consulting. PSE&G was recognized as a result of significant investments the utility makes in its delivery system and the constant commitment of skilled personnel. This achievement goes along with the ReliabilityOne Award for the Mid-Atlantic region, which PSE&G has garnered for the seventh straight year in recognition of superior electric-system reliability.
  • Noteworthy: PSE&G won a 2008 Balanced Scorecard Achievement Award for its customer service results in revenue protection, and was inducted into the Balanced Scorecard Hall of Fame in 2007 - recognizing our successful system to achieve higher, and in many cases, superior levels of performance.
  • Other products and services: Appliance repair business, business relocation assistance programs, and energy conservation programs.

    Click here to read more about PSE&G.

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PSEG Power

PSEG Power is a major supplier of electric energy in the constrained Northeast and Mid-Atlantic markets, with three main subsidiaries: PSEG FossilPSEG Nuclear, and PSEG Energy Resources and Trade.

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PSEG Energy Holdings

PSEG Energy Holdings through its PSEG Global subsidiary is focused on operating segments in the electric industry as its PSEG Resources subsidiary is focused on financial investments in the energy industry, while managing potential tax risk associated with its lease portfolio. Click here to read more about PSEG Energy Holdings.

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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, 2007. For updated information check SEC documents.  

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