Summary
Public Service Energy Group, is an electric and natural gas company with generation, transmission, distribution via its regulated subsidiary. The company also has the merchant nuclear generation and energy trading via its PSEG electricity operations. Since the start of 2025, the company’s public service, PSE & G, has had approximately 2.4 million electric customers and 1.9 million customers in New Jersey. Almost 60% of electric customers and 38% of gas customers are commercial. PSE & G Long Island provides electrical transmission and distribution to 1.1 million customers. The company also entirely has PSEG Energy Holding LLC and PSEG Services Corp.
The company has and operates 3 nuclear production facilities in New Jersey and holds 50% in two installations in Pennsylvania. As indicated in 2024, the generation of the company