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PSE&G (NYSE:PEG) has reported significant achievements in its Clean Energy Future-Energy Efficiency (CEF-EE) programs, delivering substantial savings to New Jersey customers. Nearly 465,000 customers have participated, achieving $720 million in annual utility bill savings and an additional $740 million in rebate savings.

The program's success includes over 95,000 home energy assessments, more than 140,000 appliance upgrade rebates, and assistance to 18,500 businesses with approximately 28,000 efficiency projects. Small businesses are projected to save $19 million annually through the Direct Install program. The initiatives are expected to save 2.8 million megawatt-hours of electricity annually, enough to power 406,000 homes, and reduce carbon emissions by 2.1 million metric tons annually.

PSEG (NYSE: PEG) has issued a strong recommendation against an unsolicited mini-tender offer from TRC Capital Investment Corporation. The offer seeks to purchase up to 1.5 million shares (approximately 0.3%) of PSEG's common stock at $80.60 per share, which is 4.51% below the July 21 closing price of $84.41 and 9.4% below the August 1 closing price of $88.97.

The offer, set to expire on August 20, 2025, is subject to numerous conditions and lacks the standard investor protections required for larger tender offers. PSEG emphasizes that shareholders who have already tendered their shares can withdraw them before the expiration date and urges investors to exercise caution and obtain current market quotations before making any decisions.

Public Service Enterprise Group (NYSE: PEG) has declared a quarterly dividend of $0.63 per share for the third quarter of 2025. The dividend will be paid on or before September 30, 2025, to shareholders of record as of September 9, 2025.

PSEG (NYSE: PEG), a major regulated infrastructure company, has scheduled its second quarter 2025 earnings conference call for August 5 at 11:00 a.m. ET. The company will discuss Q2 financial results, guidance, capital investments, and regulatory activities.

PSEG operates New Jersey's largest transmission and distribution utility, serving 2.4 million electric and 1.9 million natural gas customers. The company also owns 3,758 MW of carbon-free nuclear power generating units in NJ and PA. As an S&P 500 member, PSEG has been included in the Dow Jones Sustainability North America Index for 17 consecutive years.

PSE&G (PEG) has announced its preparedness for expected extreme heat conditions, with temperatures forecasted to reach over 100 degrees this weekend and throughout the summer. The utility company emphasizes its year-round system strengthening and modernization efforts to handle increased power demands. PSE&G highlights that cooling a house to 75 degrees requires 300% more electricity when outside temperatures reach 95 degrees compared to 85 degrees. The company reports significant customer participation in energy efficiency programs, with over 80,000 home energy assessments completed, 107,000 energy-efficient appliance rebates issued, and 320,000 smart thermostats sold. PSE&G offers various customer support programs, including payment assistance options and energy-saving tips, while maintaining its award-winning reliability record with 23 consecutive ReliabilityOne® Awards.

PSE&G announced BPU approval of its Summer Relief Initiative to help residential customers manage higher electricity costs. The program includes a $30 monthly credit for July-August 2025, followed by a $10 monthly repayment from September 2025 through February 2026. Additional measures include waiving reconnection fees from July-September 2025 and implementing a Summer Moratorium protection against utility shut-offs. The initiative addresses rising costs from PJM's capacity price auction while PSE&G works on long-term solutions for New Jersey's power supply-demand imbalance. The company emphasizes the need for in-state power generation development and offers various assistance programs including LIHEAP and Equal Payment Plans to help customers manage energy costs.

PSE&G announced a Summer Relief Initiative to protect residential electric customers from a 17% rate increase starting June 1, 2025. The initiative includes a Summer Moratorium from July 1 to September 30, 2025, providing utility shut-off protection for low-income customers, and suspension of reconnection fees. The company filed with the New Jersey Board of Public Utilities to defer the supply increase effects over summer months. PSE&G will continue paying electricity suppliers the full cost during this period. The rate increase stems from PJM's capacity price auction, reflecting a regional power supply-demand imbalance. Despite challenges, PSE&G maintains customer bills are near 2008 levels when adjusted for inflation. The company offers various assistance programs including LIHEAP, SHARES, Equal Payment Plan, and Deferred Payment Arrangements to help customers manage costs.

PSE&G (PEG) has filed an amended proposal with the New Jersey Board of Public Utilities to provide additional relief for customers facing significant electric supply cost increases due to PJM's high capacity market prices. The company proposed three key short-term solutions: expanding the Winter Termination Program, suspending reconnection fees, and removing carrying charges for temporary credits starting July 1, 2025. PSE&G's current customer assistance programs have helped 226,000 customers receive over $265 million in support, with their energy efficiency initiatives saving participants nearly $640 million annually. The company maintains that bills remain nearly equivalent to 2008 levels when adjusted for inflation and emphasizes its commitment to working on long-term solutions, including encouraging new generation development to address supply-demand imbalances in the PJM region.

PSEG reported strong Q1 2025 results with net income of $1.18 per share and non-GAAP operating earnings of $1.43 per share. The company maintained its 2025 non-GAAP operating earnings guidance of $3.94-$4.06 per share.

During Q1, PSE&G faced record winter peak loads for both gas and electric due to extreme cold weather, maintaining high reliability levels. The company's nuclear fleet generated 8.4 terawatt hours with a 99.9% capacity factor, providing carbon-free power.

Key highlights include:

• Over 6,400 MW of new service connection inquiries
• Implementation of Clean Energy Future - Energy Efficiency II program
• 5% increase in quarterly dividend to $0.63 per share
• Continued 5-7% compound annual growth outlook for 2025-2029

PSE&G's improved Q1 performance reflects new base rates and seasonal gas revenue, while PSEG Power & Other benefited from reliable nuclear generation and higher realized prices during cold weather.