PSE&G's Energy Efficiency Programs Show Significant Impact in New Jersey
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy PEG?
Source: PRnewswire
- Customer Participation: As of December 2025, approximately 500,000 customers have engaged in PSE&G's energy efficiency programs, resulting in nearly $960 million in annual bill savings, which alleviates financial burdens for households and businesses while stimulating overall economic activity in New Jersey.
- Business Support and Investment: About 22,000 businesses have completed nearly 35,000 energy-saving projects, with over 2,100 small businesses benefiting, helping them reduce operating costs and reinvest savings back into their communities, thus promoting sustainable local economic development.
- Environmental Benefits: Customer energy-saving actions yield approximately 3.3 million MWh in annual electric savings and 83 million therms in natural gas savings, avoiding over 2.4 million metric tons of carbon emissions annually, equivalent to removing 530,000 gasoline-powered cars from the road, highlighting the positive environmental impact of these programs.
- Future Outlook: PSE&G plans to continue collaborating with stakeholders to maintain a stable energy efficiency program framework, ensuring long-term value creation for customers and communities while further advancing sustainable development in New Jersey.
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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: 80.660
Low
83.00
Averages
89.77
High
98.00
Current: 80.660
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. It 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 direct wholly owned subsidiaries, Public Service Electric and Gas Company (PSE&G) and PSEG Power LLC (PSEG Power). Its segments include PSE&G and PSEG Power. PSE&G segment 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.
PSE&G's Energy Efficiency Programs Show Significant Impact in New Jersey
- Customer Participation: Since the launch of the energy efficiency program in October 2020, approximately 500,000 customers have participated, resulting in nearly $960 million in annual bill savings, significantly reducing energy costs for households and businesses while boosting economic activity across New Jersey.
- Business Support and Economic Benefits: About 22,000 businesses have completed nearly 35,000 energy-saving projects, helping to lower operating costs and allowing them to reinvest saved resources back into their operations and communities, thus promoting sustainable local economic development.
- Environmental Impact: Customer energy-saving actions are yielding annual savings of approximately 3.3 million MWh of electricity and 83 million therms of natural gas, avoiding over 2.4 million metric tons of carbon emissions, equivalent to removing 530,000 gasoline-powered cars from the road each year, showcasing the environmental benefits of these programs.
- Future Outlook and Strategy: PSE&G is committed to maintaining a stable energy efficiency program framework and will continue collaborating with stakeholders to ensure long-term value for customers and communities while advancing the implementation of clean energy solutions.
See More
PSE&G's Energy Efficiency Programs Show Significant Impact in New Jersey
- Customer Participation: As of December 2025, approximately 500,000 customers have engaged in PSE&G's energy efficiency programs, resulting in nearly $960 million in annual bill savings, which alleviates financial burdens for households and businesses while stimulating overall economic activity in New Jersey.
- Business Support and Investment: About 22,000 businesses have completed nearly 35,000 energy-saving projects, with over 2,100 small businesses benefiting, helping them reduce operating costs and reinvest savings back into their communities, thus promoting sustainable local economic development.
- Environmental Benefits: Customer energy-saving actions yield approximately 3.3 million MWh in annual electric savings and 83 million therms in natural gas savings, avoiding over 2.4 million metric tons of carbon emissions annually, equivalent to removing 530,000 gasoline-powered cars from the road, highlighting the positive environmental impact of these programs.
- Future Outlook: PSE&G plans to continue collaborating with stakeholders to maintain a stable energy efficiency program framework, ensuring long-term value creation for customers and communities while further advancing sustainable development in New Jersey.
See More
PSEG Declares $0.67 Dividend for Q2 2026
- Dividend Declaration: Public Service Enterprise Group (PSEG) Board of Directors has declared a $0.67 per share dividend for Q2 2026, reflecting the company's stable cash flow and profitability, which is expected to bolster investor confidence.
- Payment Schedule: All dividends are payable on or before June 30, 2026, to shareholders of record on June 9, 2026, ensuring timely returns for shareholders and further solidifying the company's relationship with its investors.
- Customer Base: PSEG operates New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers, demonstrating its dominant market position and stable customer base that supports ongoing growth.
- Renewable Energy Commitment: PSEG owns an independent fleet of 3,758 MW of carbon-free nuclear power generating units, indicating the company's commitment to renewable energy, aligning with current market demands for sustainability, and enhancing its appeal among environmentally-conscious investors.
See More
PSEG Long Island Honors Electric Workers on National Day of Appreciation
- Tribute to Electric Workers: On National Day of Appreciation for Electric Workers, PSEG Long Island acknowledges the dedication of its 700 line workers who ensure reliable power supply to 1.2 million customers even under adverse weather conditions.
- Commitment to 24/7 Service: PSEG Long Island's line workers are on standby 24 hours a day, ready to respond to emergencies, ensuring continuous power service during storms and natural disasters, reflecting the company's commitment to its customers.
- Operational Efficiency Assurance: Vice President Michael Sullivan emphasizes that the efforts of line workers are crucial for the company to be recognized as the most reliable electric service provider in New York, especially during extreme weather with 16-hour shifts.
- Long-Term Contract Support: PSEG Long Island operates under a long-term contract with the Long Island Power Authority for transmission and distribution, as a subsidiary of PSEG, continuously dedicated to providing quality service to its customers.
See More
PSEG Long Island Celebrates Lineworker Appreciation Day
- Lineworker Contribution: In honor of Lineworker Appreciation Day, PSEG Long Island recognizes the hard work of its approximately 700 field personnel who work around the clock to ensure safe and reliable electric service for 1.2 million customers.
- Emergency Response Capability: Whether replacing equipment on clear days or working 16-hour shifts during storms and natural disasters, PSEG Long Island's lineworkers are always prepared to respond to emergencies, showcasing exceptional readiness.
- Service Quality Assurance: Michael Sullivan, Vice President of PSEG Long Island, emphasizes that the dedication of these lineworkers is what makes the company the most reliable electric service provider in New York State, ensuring customers receive the quality service they expect.
- Long-term Contract Operations: PSEG Long Island operates the Long Island Power Authority's transmission and distribution system under a long-term contract, reinforcing its position in the energy sector as a subsidiary of Public Service Enterprise Group.
See More
PSEG Long Island Honors Lineworkers on Appreciation Day
- Power Service Assurance: In honor of National Lineworker Appreciation Day, PSEG Long Island highlights its 700 lineworkers who work around the clock to ensure 1.2 million customers receive safe and reliable electric service even in adverse weather, demonstrating the company's commitment to service quality.
- Emergency Response Capability: Vice President Michael Sullivan emphasizes that lineworkers not only replace equipment on clear days but also respond to emergencies with 16-hour shifts during storms and natural disasters, showcasing the team's dedication and professionalism.
- Long-Term Contract Operations: PSEG Long Island operates the Long Island Power Authority's transmission and distribution system under a long-term contract, ensuring stability and reliability in the power service market, further solidifying its leadership position in the state.
- Community Engagement and Recognition: By actively engaging with the public through social media platforms, PSEG Long Island enhances its brand image and builds customer trust in its services, reflecting its sense of responsibility and involvement in the community.
See More
PSE&G's Energy Efficiency Programs Show Significant Impact in New Jersey
- Customer Participation: Since the launch of the energy efficiency program in October 2020, approximately 500,000 customers have participated, resulting in nearly $960 million in annual bill savings, significantly reducing energy costs for households and businesses while boosting economic activity across New Jersey.
- Business Support and Economic Benefits: About 22,000 businesses have completed nearly 35,000 energy-saving projects, helping to lower operating costs and allowing them to reinvest saved resources back into their operations and communities, thus promoting sustainable local economic development.
- Environmental Impact: Customer energy-saving actions are yielding annual savings of approximately 3.3 million MWh of electricity and 83 million therms of natural gas, avoiding over 2.4 million metric tons of carbon emissions, equivalent to removing 530,000 gasoline-powered cars from the road each year, showcasing the environmental benefits of these programs.
- Future Outlook and Strategy: PSE&G is committed to maintaining a stable energy efficiency program framework and will continue collaborating with stakeholders to ensure long-term value for customers and communities while advancing the implementation of clean energy solutions.
See More
PSE&G's Energy Efficiency Programs Show Significant Impact in New Jersey
- Customer Participation: As of December 2025, approximately 500,000 customers have engaged in PSE&G's energy efficiency programs, resulting in nearly $960 million in annual bill savings, which alleviates financial burdens for households and businesses while stimulating overall economic activity in New Jersey.
- Business Support and Investment: About 22,000 businesses have completed nearly 35,000 energy-saving projects, with over 2,100 small businesses benefiting, helping them reduce operating costs and reinvest savings back into their communities, thus promoting sustainable local economic development.
- Environmental Benefits: Customer energy-saving actions yield approximately 3.3 million MWh in annual electric savings and 83 million therms in natural gas savings, avoiding over 2.4 million metric tons of carbon emissions annually, equivalent to removing 530,000 gasoline-powered cars from the road, highlighting the positive environmental impact of these programs.
- Future Outlook: PSE&G plans to continue collaborating with stakeholders to maintain a stable energy efficiency program framework, ensuring long-term value creation for customers and communities while further advancing sustainable development in New Jersey.
See More
PSEG Declares $0.67 Dividend for Q2 2026
- Dividend Declaration: Public Service Enterprise Group (PSEG) Board of Directors has declared a $0.67 per share dividend for Q2 2026, reflecting the company's stable cash flow and profitability, which is expected to bolster investor confidence.
- Payment Schedule: All dividends are payable on or before June 30, 2026, to shareholders of record on June 9, 2026, ensuring timely returns for shareholders and further solidifying the company's relationship with its investors.
- Customer Base: PSEG operates New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers, demonstrating its dominant market position and stable customer base that supports ongoing growth.
- Renewable Energy Commitment: PSEG owns an independent fleet of 3,758 MW of carbon-free nuclear power generating units, indicating the company's commitment to renewable energy, aligning with current market demands for sustainability, and enhancing its appeal among environmentally-conscious investors.
See More
PSEG Long Island Honors Electric Workers on National Day of Appreciation
- Tribute to Electric Workers: On National Day of Appreciation for Electric Workers, PSEG Long Island acknowledges the dedication of its 700 line workers who ensure reliable power supply to 1.2 million customers even under adverse weather conditions.
- Commitment to 24/7 Service: PSEG Long Island's line workers are on standby 24 hours a day, ready to respond to emergencies, ensuring continuous power service during storms and natural disasters, reflecting the company's commitment to its customers.
- Operational Efficiency Assurance: Vice President Michael Sullivan emphasizes that the efforts of line workers are crucial for the company to be recognized as the most reliable electric service provider in New York, especially during extreme weather with 16-hour shifts.
- Long-Term Contract Support: PSEG Long Island operates under a long-term contract with the Long Island Power Authority for transmission and distribution, as a subsidiary of PSEG, continuously dedicated to providing quality service to its customers.
See More
PSEG Long Island Celebrates Lineworker Appreciation Day
- Lineworker Contribution: In honor of Lineworker Appreciation Day, PSEG Long Island recognizes the hard work of its approximately 700 field personnel who work around the clock to ensure safe and reliable electric service for 1.2 million customers.
- Emergency Response Capability: Whether replacing equipment on clear days or working 16-hour shifts during storms and natural disasters, PSEG Long Island's lineworkers are always prepared to respond to emergencies, showcasing exceptional readiness.
- Service Quality Assurance: Michael Sullivan, Vice President of PSEG Long Island, emphasizes that the dedication of these lineworkers is what makes the company the most reliable electric service provider in New York State, ensuring customers receive the quality service they expect.
- Long-term Contract Operations: PSEG Long Island operates the Long Island Power Authority's transmission and distribution system under a long-term contract, reinforcing its position in the energy sector as a subsidiary of Public Service Enterprise Group.
See More
PSEG Long Island Honors Lineworkers on Appreciation Day
- Power Service Assurance: In honor of National Lineworker Appreciation Day, PSEG Long Island highlights its 700 lineworkers who work around the clock to ensure 1.2 million customers receive safe and reliable electric service even in adverse weather, demonstrating the company's commitment to service quality.
- Emergency Response Capability: Vice President Michael Sullivan emphasizes that lineworkers not only replace equipment on clear days but also respond to emergencies with 16-hour shifts during storms and natural disasters, showcasing the team's dedication and professionalism.
- Long-Term Contract Operations: PSEG Long Island operates the Long Island Power Authority's transmission and distribution system under a long-term contract, ensuring stability and reliability in the power service market, further solidifying its leadership position in the state.
- Community Engagement and Recognition: By actively engaging with the public through social media platforms, PSEG Long Island enhances its brand image and builds customer trust in its services, reflecting its sense of responsibility and involvement in the community.
See More
