Welcome to our dedicated page for Public Service Enterprise Group news (Ticker: PEG), a resource for investors and traders seeking the latest updates and insights on Public Service Enterprise Group stock.
Public Service Enterprise Group Incorporated reports recurring developments for a predominantly regulated infrastructure company centered on PSE&G, New Jersey's largest transmission and distribution utility. Company updates commonly cover operating and financial results, earnings guidance, capital investments, regulatory proceedings, quarterly dividends and reliability during extreme weather events.
PSEG disclosures also address its independent carbon-free baseload nuclear generating fleet in New Jersey and Pennsylvania, PSEG Long Island's operation of the Long Island Power Authority transmission and distribution system, and PSE&G programs tied to energy efficiency, customer service, transmission-cost allocation and community impact.
Public Service Electric & Gas (NYSE: PEG) reported strong, measurable reliability gains from ongoing electric and gas infrastructure investments across New Jersey as the region enters peak hurricane season. Since 2023, nearly 22,000 utility poles have been proactively replaced, driving a 50% reliability improvement across the 20 circuits with the highest number of pole replacements versus their 2020‑2024 average.
PSE&G has upgraded 32 neighborhood circuits, improving resiliency by 37% and reliability by 31%, with 22% fewer outage incidents and 23% fewer customers affected on upgraded circuits. The company has built six high‑capacity 13kV stations since 2023 and, since 2016, upgraded more than 1,655 miles of gas main. Over the last decade, PSE&G has invested $30 billion in its electric and gas systems, about 75% on reliability and resiliency, including raising 42 substations above Superstorm Sandy flood levels and installing over 1,500 smart switching devices.
PSEG (NYSE: PEG), the NYNJ Host Committee and the U.S. Soccer Foundation have opened a new "mini pitch" soccer space at Harrison High School in Harrison, New Jersey. The field, installed at no cost to the community, officially opened on August 27, 2026 with a community event and ceremonial first kick by boys' and girls' soccer team members. According to PSEG, the project is intended to extend the legacy of the FIFA World Cup 2026™ by providing a permanent space for recreation, wellness and community engagement for students, families and local residents.
Public Service Enterprise Group (NYSE: PEG), through subsidiary PSE&G, launched the residential GridSmart Battery Program, a pilot offering eligible electric customers a $5,000 incentive toward qualifying home battery systems plus up to $25,000 in interest-free, on-bill repayment for remaining installation costs.
The pilot evaluates how customer-owned batteries can provide backup power, support scheduled GridSmart Battery Events to reduce peak demand, and improve grid reliability and resiliency. The program is part of PSE&G's residential Virtual Power Plant pilot and supports New Jersey's broader battery storage and grid modernization initiatives.
Public Service Enterprise Group (NYSE: PEG), through its utility PSE&G, is recognizing Call Before You Dig Day by urging New Jersey homeowners, contractors, landscapers, and excavators to contact 811 at least three business days before digging. The company stresses that state law requires using the One Call System so utilities can mark underground lines, helping prevent injuries, costly damage, and service interruptions. PSE&G highlights that one free 811 request protects people, property, and critical infrastructure across New Jersey.
PSEG (NYSE: PEG) released its 2025 Community Impact Update, outlining its economic, community and infrastructure contributions across New Jersey. According to PSEG, its operations generated an estimated $16.3 billion in total 2025 economic output for the state, supported by a regulated capital investment program of $22.5–$25.5 billion in critical infrastructure through 2030.
PSEG reports $2.4 billion in 2025 spending with New Jersey-based suppliers and about $12.8 million in corporate and foundation giving, plus $37 million in property taxes. Its nuclear plants provide over 40% of New Jersey’s electricity and are tied to about $1.2 billion in annual state GDP, while energy efficiency programs have helped customers save more than $1 billion annually.
The company previews a 2026 Sustainability Report that will detail a claimed 95% reduction in operational emissions from a 2005 baseline, recycling of over 91% of utility waste in 2025, and a $1.5 million December 2025 Community Relief initiative.
Public Service Enterprise Group (NYSE: PEG) reported second quarter 2026 net income of $334 million ($0.67 per share), down from $585 million ($1.17) in 2025, while non-GAAP operating earnings rose to $425 million ($0.86 per share) from $384 million ($0.77).
For the first half of 2026, net income was $1,075 million ($2.15 per share) versus $1,174 million ($2.35), and non-GAAP operating earnings increased to $1,203 million ($2.41 per share) from $1,102 million ($2.20). PSE&G delivered segment net income/non-GAAP operating earnings of $342 million in Q2 and $919 million year-to-date, while PSEG Power & Other posted a Q2 net loss of $8 million but non-GAAP operating earnings of $83 million.
PSEG maintained 2026 non-GAAP operating earnings guidance of $4.28–$4.40 per share and reaffirmed a 6%–8% non-GAAP operating earnings growth outlook through 2030, supported by a planned $24–$28 billion five-year capital program funded without new equity issuance or asset sales.
Sesame Workshop launched a new Extreme Weather response initiative to help children, families, and communities prepare for, cope with, and recover from hurricanes, floods, wildfires, and other extreme weather. Funded by long-time partner PSEG Foundation, the initiative debuts with the Storm on Sesame Street special premiering August 3 on Netflix and PBS KIDS, and on YouTube in September.
The program includes research-based digital videos, refreshed family guides, shareable activities, a new storybook, and Sesame Care Kits with comfort items and essentials. With additional support from Ford Motor Company and Amazon, Sesame Workshop will distribute resources and care kits through PBS stations and partners such as Catholic Charities USA, Project:Camp, and Team Rubicon.
PSE&G (NYSE: PEG) announced that Escalent, an independent AI-enabled market research and advisory firm, has named it a 2026 Most Trusted Utility Brand among residential customers for the third consecutive year and a 2026 Most Trusted Business Partner among business customers. The recognition is based on Escalent’s 2026 Cogent Syndicated Utility Trusted Brand & Customer Engagement residential and business studies, which highlight customer views on dependability, responsiveness and overall engagement. PSE&G cites its communications during severe weather events, focus on reliability and safety, and ongoing investments in systems and workforce as core elements supporting this trust.
Public Service Enterprise Group (NYSE: PEG) declared a regular quarterly dividend of $0.67 per share on its outstanding common stock for the third quarter of 2026. The dividend is payable on or before September 30, 2026 to shareholders of record as of September 9, 2026.
PSEG (NYSE: PEG) will host its second quarter 2026 earnings call at 11:00 a.m. ET on Tuesday, August 4. Management plans to review second quarter financial results, financial guidance, capital investments, regulatory activities and other matters.
The live audio webcast and presentation materials will be available in the Investor News and Events section of PSEG's Investor Relations website. A replay, with the same materials, is expected to be available by August 5. PSEG highlights its role as New Jersey's largest electric and gas utility operator and owner of 3,758 MW of carbon-free nuclear generation, and encourages investors to use its Investor Relations website and email alerts for important updates.