PSE&G Customers to Save Millions Following FERC Decision
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy PEG?
Source: Newsfilter
- FERC Decision Victory: The Federal Energy Regulatory Commission (FERC) rejected a proposed settlement that would have unfairly allocated transmission costs, protecting PSE&G customers from millions in additional charges and highlighting PSE&G's commitment to customer advocacy.
- Expected Customer Refunds: PSE&G estimates that customers will receive approximately $100 million in refunds for the years 2020 to 2022, with FERC's directive for PJM to recalculate cost assignments dating back to 2015 likely increasing the total savings.
- Industry-Leading Reliability: PSE&G has won the ReliabilityOne® Award for superior electric system reliability in the Mid-Atlantic region for 24 consecutive years and was ranked number one in customer satisfaction for residential electric service in the East among large utilities by J.D. Power in 2025.
- Long-Term Commitment: PSE&G's efforts not only focus on reducing customer costs but also on strengthening the reliability and resilience of New Jersey's energy system, demonstrating a long-standing commitment to fair and responsible energy pricing.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy PEG?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on PEG
Wall Street analysts forecast PEG stock price to rise
12 Analyst Rating
8 Buy
4 Hold
0 Sell
Moderate Buy
Current: 84.880
Low
83.00
Averages
89.77
High
98.00
Current: 84.880
Low
83.00
Averages
89.77
High
98.00
About PEG
Public Service Enterprise Group Incorporated is a regulated infrastructure company operating New Jersey’s transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers. The Company also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power-generating units. The Company principally conducts its business through two wholly owned subsidiaries, Public Service Electric and Gas Company (PSE&G) and PSEG Power LLC (PSEG Power). The Company’s segments include PSE&G and PSEG Power. PSE&G is a public utility engaged principally in the transmission of electricity and distribution of electricity and natural gas in certain areas of New Jersey. PSEG Power is an energy supply company that consists of the operations of merchant nuclear generating assets and fuel supply functions engaged in competitive energy sales via its principal direct wholly owned subsidiaries. The Company also has other wholly owned subsidiaries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
PSEG Recognized as 2026 Industry Leader in Utilities
- Industry Leader Recognition: PSEG has been named the 2026 Industry Leader for Utilities by JUST Capital, reflecting the company's outstanding performance in areas such as employee development and charitable giving, which enhances trust with employees and customers alike.
- Responsible Company Ranking: PSEG ranked ninth in Newsweek and Statista's 2026 America's Most Responsible Companies, showcasing its long-term commitment to community support and sustainability, notably reducing methane emissions by approximately 245,000 metric tons through its Gas System Modernization Program.
- Charitable Company Honor: Recognized as one of America's Most Charitable Companies 2026, PSEG's inclusion highlights its leadership in corporate social responsibility, with the PSEG Foundation awarding nearly $138 million to community partners over the past 25 years.
- Employee Engagement and Contribution: In 2025, around 2,300 PSEG employees volunteered approximately 15,000 hours, demonstrating the company's commitment to community involvement and support, further solidifying PSEG's reputation and impact in its service areas.
See More
PSE&G Customers to Save Millions Following FERC Decision
- FERC Decision Victory: The Federal Energy Regulatory Commission (FERC) rejected a proposed settlement that would have unfairly allocated transmission costs, protecting PSE&G customers from millions in additional charges and highlighting PSE&G's commitment to customer advocacy.
- Expected Customer Refunds: PSE&G estimates that customers will receive approximately $100 million in refunds for the years 2020 to 2022, with FERC's directive for PJM to recalculate cost assignments dating back to 2015 likely increasing the total savings.
- Industry-Leading Reliability: PSE&G has won the ReliabilityOne® Award for superior electric system reliability in the Mid-Atlantic region for 24 consecutive years and was ranked number one in customer satisfaction for residential electric service in the East among large utilities by J.D. Power in 2025.
- Long-Term Commitment: PSE&G's efforts not only focus on reducing customer costs but also on strengthening the reliability and resilience of New Jersey's energy system, demonstrating a long-standing commitment to fair and responsible energy pricing.
See More
PSE&G Customers to Save Millions Following FERC Decision
- FERC Decision Victory: The Federal Energy Regulatory Commission (FERC) rejected a proposed settlement that would have unfairly allocated transmission costs, ensuring that PSE&G customers save millions of dollars, highlighting PSE&G's commitment to protecting customer interests.
- Expected Customer Refunds: PSE&G estimates that customers will receive approximately $100 million in refunds for the years 2020 to 2022 due to FERC's ruling, and with FERC directing a recalculation of cost assignments dating back to 2015, the actual savings figure is expected to be even higher, further alleviating the financial burden on customers.
- Industry-Leading Reliability: PSE&G has won the ReliabilityOne® Award for superior electric system reliability in the Mid-Atlantic region for 24 consecutive years, and in 2025, it was named number one in customer satisfaction for residential electric service in the East among large utilities by J.D. Power, demonstrating its ongoing commitment to customer service excellence.
- Commitment to Fair Energy Costs: PSE&G's collaboration with the New Jersey Board of Public Utilities and the New Jersey Division of Rate Counsel showcases its long-standing commitment to ensuring fair and responsible energy costs, further solidifying its leadership position in New Jersey's energy system.
See More
PSEG Receives Three National Honors for Community Commitment
- Industry Leader Title: PSEG has been recognized as the JUST Capital 2026 Industry Leader for Utilities, reflecting its outstanding performance across various areas including employee development and charitable giving, which enhances trust with employees and customers.
- Responsible Company Ranking: PSEG ranked ninth in Newsweek and Statista's 2026 America's Most Responsible Companies, indicating its long-term commitment to community support and sustainability, notably reducing approximately 245,000 metric tons of methane emissions through its Gas System Modernization Program.
- Charitable Company Recognition: PSEG was included in Newsweek's 2026 America's Most Charitable Companies, showcasing its leadership in corporate social responsibility, with the PSEG Foundation providing nearly $138 million to community partners over the past 25 years.
- Community Service Commitment: In 2025, about 2,300 PSEG employees volunteered approximately 15,000 hours, demonstrating the company's ongoing support for communities, and it will continue to invest in initiatives that create positive impacts for the communities it serves.
See More
Public Service Enterprise Group Stock Outlook Remains Positive
- Balanced Analyst Ratings: As of March 13, Public Service Enterprise Group (PEG) received coverage from 14 analysts, with 7 assigning Buy ratings and 7 maintaining Hold ratings, indicating a neutral market outlook on its future performance.
- Target Price Increase: J.P. Morgan raised PEG's target price from $85 to $90 while reiterating a Neutral rating, reflecting a reassessment of models across the North American utilities segment, suggesting ongoing market confidence in PEG.
- Upside Potential: PEG's projected median 1-year price target stands at $91.12, indicating an upside potential of nearly 9% from current levels, showcasing investor optimism regarding its future growth.
- Market Concerns: Despite PEG's strong track record of outperforming earnings guidance, Scotiabank raised its target price to $92, emphasizing that near-term investor sentiment will be heavily influenced by rising affordability concerns, which may limit further stock price appreciation.
See More
Utilities Offer Stability Amid War Outbreak: 4 High Dividend Yield and Growth Stocks.
Market Volatility: Investors are seeking stable investment options amid ongoing conflict in the Middle East.
Utility Stocks Appeal: Companies like PSEG and FirstEnergy are considered attractive for their potential safety and growth during turbulent times.
See More
PSEG Recognized as 2026 Industry Leader in Utilities
- Industry Leader Recognition: PSEG has been named the 2026 Industry Leader for Utilities by JUST Capital, reflecting the company's outstanding performance in areas such as employee development and charitable giving, which enhances trust with employees and customers alike.
- Responsible Company Ranking: PSEG ranked ninth in Newsweek and Statista's 2026 America's Most Responsible Companies, showcasing its long-term commitment to community support and sustainability, notably reducing methane emissions by approximately 245,000 metric tons through its Gas System Modernization Program.
- Charitable Company Honor: Recognized as one of America's Most Charitable Companies 2026, PSEG's inclusion highlights its leadership in corporate social responsibility, with the PSEG Foundation awarding nearly $138 million to community partners over the past 25 years.
- Employee Engagement and Contribution: In 2025, around 2,300 PSEG employees volunteered approximately 15,000 hours, demonstrating the company's commitment to community involvement and support, further solidifying PSEG's reputation and impact in its service areas.
See More
PSE&G Customers to Save Millions Following FERC Decision
- FERC Decision Victory: The Federal Energy Regulatory Commission (FERC) rejected a proposed settlement that would have unfairly allocated transmission costs, protecting PSE&G customers from millions in additional charges and highlighting PSE&G's commitment to customer advocacy.
- Expected Customer Refunds: PSE&G estimates that customers will receive approximately $100 million in refunds for the years 2020 to 2022, with FERC's directive for PJM to recalculate cost assignments dating back to 2015 likely increasing the total savings.
- Industry-Leading Reliability: PSE&G has won the ReliabilityOne® Award for superior electric system reliability in the Mid-Atlantic region for 24 consecutive years and was ranked number one in customer satisfaction for residential electric service in the East among large utilities by J.D. Power in 2025.
- Long-Term Commitment: PSE&G's efforts not only focus on reducing customer costs but also on strengthening the reliability and resilience of New Jersey's energy system, demonstrating a long-standing commitment to fair and responsible energy pricing.
See More
PSE&G Customers to Save Millions Following FERC Decision
- FERC Decision Victory: The Federal Energy Regulatory Commission (FERC) rejected a proposed settlement that would have unfairly allocated transmission costs, ensuring that PSE&G customers save millions of dollars, highlighting PSE&G's commitment to protecting customer interests.
- Expected Customer Refunds: PSE&G estimates that customers will receive approximately $100 million in refunds for the years 2020 to 2022 due to FERC's ruling, and with FERC directing a recalculation of cost assignments dating back to 2015, the actual savings figure is expected to be even higher, further alleviating the financial burden on customers.
- Industry-Leading Reliability: PSE&G has won the ReliabilityOne® Award for superior electric system reliability in the Mid-Atlantic region for 24 consecutive years, and in 2025, it was named number one in customer satisfaction for residential electric service in the East among large utilities by J.D. Power, demonstrating its ongoing commitment to customer service excellence.
- Commitment to Fair Energy Costs: PSE&G's collaboration with the New Jersey Board of Public Utilities and the New Jersey Division of Rate Counsel showcases its long-standing commitment to ensuring fair and responsible energy costs, further solidifying its leadership position in New Jersey's energy system.
See More
PSEG Receives Three National Honors for Community Commitment
- Industry Leader Title: PSEG has been recognized as the JUST Capital 2026 Industry Leader for Utilities, reflecting its outstanding performance across various areas including employee development and charitable giving, which enhances trust with employees and customers.
- Responsible Company Ranking: PSEG ranked ninth in Newsweek and Statista's 2026 America's Most Responsible Companies, indicating its long-term commitment to community support and sustainability, notably reducing approximately 245,000 metric tons of methane emissions through its Gas System Modernization Program.
- Charitable Company Recognition: PSEG was included in Newsweek's 2026 America's Most Charitable Companies, showcasing its leadership in corporate social responsibility, with the PSEG Foundation providing nearly $138 million to community partners over the past 25 years.
- Community Service Commitment: In 2025, about 2,300 PSEG employees volunteered approximately 15,000 hours, demonstrating the company's ongoing support for communities, and it will continue to invest in initiatives that create positive impacts for the communities it serves.
See More
Public Service Enterprise Group Stock Outlook Remains Positive
- Balanced Analyst Ratings: As of March 13, Public Service Enterprise Group (PEG) received coverage from 14 analysts, with 7 assigning Buy ratings and 7 maintaining Hold ratings, indicating a neutral market outlook on its future performance.
- Target Price Increase: J.P. Morgan raised PEG's target price from $85 to $90 while reiterating a Neutral rating, reflecting a reassessment of models across the North American utilities segment, suggesting ongoing market confidence in PEG.
- Upside Potential: PEG's projected median 1-year price target stands at $91.12, indicating an upside potential of nearly 9% from current levels, showcasing investor optimism regarding its future growth.
- Market Concerns: Despite PEG's strong track record of outperforming earnings guidance, Scotiabank raised its target price to $92, emphasizing that near-term investor sentiment will be heavily influenced by rising affordability concerns, which may limit further stock price appreciation.
See More
Utilities Offer Stability Amid War Outbreak: 4 High Dividend Yield and Growth Stocks.
Market Volatility: Investors are seeking stable investment options amid ongoing conflict in the Middle East.
Utility Stocks Appeal: Companies like PSEG and FirstEnergy are considered attractive for their potential safety and growth during turbulent times.
See More
