Public Service Enterprise Group

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Public Service Enterprise Group (PSEG) is a publicly traded diversified energy company headquartered in Newark, New Jersey. PSEG operates primarily in the Northeastern and Midwestern United States, with a focus on electric and gas utility operations. The company was formed in 1985 as a result of the merger between Public Service Electric and Gas Company (PSE&G) and New Jersey Power & Light Company (NJPL).
PSEG's electricity segment operates primarily through PSE&G, which serves nearly three-quarters of the state's population in New Jersey. The company also has a power generation segment, which owns and operates a diverse fleet of power plants using nuclear, natural gas, solar, coal, and oil as fuel sources. Additionally, PSEG has a competitive energy supply and services segment, which provides energy-related products and services to various customers, including homeowners, businesses, and government entities.
PSEG has a strong commitment to sustainability and has set a goal to achieve net-zero carbon emissions by 2050. The company has already made significant strides in reducing its carbon footprint, with more than half of its energy production coming from carbon-free sources.
PSEG also has a strong focus on community involvement and has established various programs to support education, environmental conservation, and economic development in the communities it serves. The company also actively encourages and supports its employees' volunteer efforts and charitable giving.
PSEG has been recognized for its sustainable practices and community involvement, receiving numerous awards and accolades, including being named one of the World's Most Ethical Companies by Ethisphere Institute for 14 consecutive years.

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See Company Q&A