PSE&G is Ready for 100-Degree Heat This Week: How to Stay Safe, Be Energy Smart and Report Outages

Rhea-AI Summary

PSEG (NYSE:PEG) reports that PSE&G is prepared for a New Jersey heat wave with temperatures above 100 degrees and offers guidance to stay safe, manage energy use and track bills.

Key tips: heat-safety practices, five ways to cut energy use, MyMeter usage tracking, outage reporting options, and bill-assistance programs like LIHEAP, SHARES, Equal Payment Plan and Deferred Payment Arrangements.

AI-generated analysis. How Rhea-AI works. Not financial advice.

News Market Reaction – PEG

-1.54%

-1.54% News Effect

On the day this news was published, PEG declined 1.54%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

What This Means

This announcement emphasizes heat-wave preparedness and tools to manage usage and bills, complementi...

Analysis

This announcement emphasizes heat-wave preparedness and tools to manage usage and bills, complementing prior reliability and customer initiatives. Investors may watch how sustained extreme heat affects system performance and customer bad-debt trends, with PEG’s strong recent fundamentals as backdrop.

Key Figures

Forecast high temperatures: over 100 degrees Peak heat hours: 11 a.m. to 6 p.m. Cooling power increase: 300% more electricity +5 more

8 metrics

Forecast high temperatures over 100 degrees New Jersey heat wave expected for several consecutive days

Peak heat hours 11 a.m. to 6 p.m. Period to avoid overexertion during extreme heat

Cooling power increase 300% more electricity Cooling home to 75°F when it is 95°F outside vs 85°F

Thermostat setpoint 75 degrees Indoor temperature used in cooling energy comparison

Outdoor comparison temps 95 degrees vs 85 degrees Temperature points used to illustrate higher cooling load

Outage text short code 4PSEG (47734) Code to text OUT to report outages

Usage interval granularity 15 minutes Minimum interval for viewing electricity use in MyMeter

Equal Payment Plan months 12 equal monthly payments Structure of PSE&G Equal Payment Plan for bills

Historical Context

5 past events · Latest: Jun 09 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 09	Grid readiness update	Positive	+1.0%	Highlighted Long Island system hardening and reduced damage‑related outages.
Jun 05	Gas bill reduction	Positive	+1.8%	Proposed 5% cut to residential gas bills while retaining low regional rates.
May 18	Community grants	Positive	+0.5%	Announced $1.2M Neighborhood Partners Program grants to regional nonprofits.
May 12	ESG index recognition	Positive	+1.2%	18th year on Dow Jones Best‑in‑Class index with strong ESG metrics.
May 05	Q1 2026 earnings	Positive	-0.9%	Reported higher Q1 2026 earnings and maintained full‑year guidance.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent PEG news has generally seen modestly positive price reactions, with one earnings-related divergence.

Regulatory & Risk Context

Short Interest: 1.96%

Short Interest

1.96% of float

0% 15% 30%+

low as of 2026-06-15 Days to cover: 3.72

Reported short interest is relatively low, indicating limited short-squeeze risk and suggesting that short positioning is unlikely to be a major driver of volatility under typical conditions.

Key Terms

pjm, low income home energy assistance program (liheap), equal payment plan, deferred payment arrangements

4 terms

pjm technical

"PSE&G relies on the regional grid operator PJM to ensure the flow of adequate"

PJM is the large regional operator that coordinates the flow of electricity and runs the wholesale power markets across parts of the eastern and midwestern United States. Think of it as an air-traffic controller for electricity: it balances supply and demand in real time, schedules power plants and transmission, and sets market-clearing prices — all of which affect utility revenues, fuel costs, project economics and investor returns in energy and infrastructure sectors.

low income home energy assistance program (liheap) financial

"Customers may qualify for help based on criteria such as income eligibility — for example, the Low Income Home Energy Assistance Program (LIHEAP), or SHARES"

A federal program that gives funds to states, tribes and local agencies so low-income households can pay heating and cooling bills and make emergency energy repairs. Think of it as a safety-net bridge that helps vulnerable customers keep utilities on during cold or hot months. Investors care because the program influences energy demand, utility cash flow, bad-debt levels and the pace of weather-driven consumption, all of which can affect company revenues and credit risk.

equal payment plan financial

"PSE&G also offers bill-management tools, including the Equal Payment Plan and Deferred Payment Arrangements."

An equal payment plan is a schedule for repaying a loan or buying an asset in which the borrower or buyer makes the same fixed payment at regular intervals until the balance is paid off. For investors, it matters because predictable, level payments make a company’s future cash outflows and borrowing costs easier to forecast, affecting cash flow planning, credit risk and valuation — like a steady subscription that smooths budgeting.

deferred payment arrangements financial

"including the Equal Payment Plan and Deferred Payment Arrangements. The Equal Payment Plan estimates annual energy costs"

An arrangement where a buyer and seller agree that payment for goods or services will be made at a later date instead of immediately. Like buying now and signing a promise to pay later, it changes when cash moves and when revenue or costs show up in a company’s books; investors watch these deals because they affect short‑term cash flow, future obligations and the risk that the promised payments may not arrive on schedule.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

With temperatures topping 100 degrees across New Jersey this week, here's how to stay cool, reduce and track your energy usage, and get help with your bill

NEWARK, N.J., June 30, 2026 /PRNewswire/ -- With temperatures expected to climb to over 100 degrees for several consecutive days this week, PSE&G is prepared to respond and is encouraging customers to take steps now to stay safe, conserve energy and manage their bills.

According to the National Weather Service, temperatures in the upper 90s and over 100 degrees are expected throughout this week, which can increase energy use leading to potentially higher bills as well as increase the potential for power outages.

How is PSE&G preparing for the heat wave?

PSE&G strengthens and modernizes its system year-round from the large transmission lines that carry power to substations, to the wires that run down each street, and prepares its workforce to deliver power safely when extreme weather hits. By continually investing in the electric system and preparing our workforce, we are building a more resilient system and maintaining the high level of reliability our customers and communities expect.

"Each year, PSE&G strengthens and modernizes our system and prepares our workforce to deliver power safely when extreme weather hits," said Paul Toscarelli, vice president, electric operations, PSE&G. "This year has already seen several heat waves, which put real stress on both people and the electric system. This is part of the long-term preparation we do as one of the nation's most reliable utilities."

PSE&G relies on the regional grid operator PJM to ensure the flow of adequate electric supply to meet customer demand all year long and when extreme weather hits. On June 26, PJM issued a hot weather alert that can be found here: Hot Weather Alerts Issued for June 29 to July 3 Ahead of Expected Heat Wave.

How can you stay safe during extreme heat?

Before the temperature rises, know how to stay safe and comfortable while keeping energy use in check.

Tips to Stay Safe in the Heat:

• Stay hydrated; avoid alcohol and caffeine
• Avoid overexertion, especially between 11 a.m. and 6 p.m.
• Never leave children or pets in enclosed vehicles
• Know the signs of heat exhaustion and act quickly
• Wear light, loose-fitting clothing and avoid dark colors

If anyone in the household relies on electricity to operate life-sustaining medical equipment, notify PSE&G at 1-800-436-7734 or pseg.com/life. Customers should also have a backup plan in case of an outage. For more heat safety tips, visit RedCross.org.

Why do energy bills rise in hot weather?

Cooling a home uses far more electricity as outdoor temperatures climb: Cooling your home to 75 degrees when it's 95 degrees outside takes 300% more electricity than when it's 85 degrees outside.

That's why hot weather usually means higher energy use, as air conditioners run longer and harder.

How can you lower your energy use this week?

5 ways to cut energy use during the heat wave:

1. Raise your thermostat when you're not home
2. Use ceiling fans to circulate air (counterclockwise in summer)
3. Close blinds on sun-facing windows
4. Run appliances in early morning or late evening
5. Replace air filters monthly

Many PSE&G customers also use energy efficiency programs to manage and reduce usage. For tips, rebates, and to sign up for an energy efficiency audit, visit pseg.com/energyefficiency or pseg.com/saveenergy, or shop at marketplace.pseg.com.

How do you track your energy use?

MyMeter lets you view your electricity use in intervals from 15 minutes to monthly summaries, so you can track and manage usage across your billing cycle. To use MyMeter, log in to My Account online or in the PSE&G mobile app and select MyMeter.

Stay Connected During Outages

PSE&G prepares for summer storms with additional crews to respond safely and quickly. Keep PSE&G's contact information handy to stay connected during extreme weather:

• Text OUT to 4PSEG (47734)
• Download the PSE&G mobile app
• Visit: pseg.com/outagecenter
• Call: 1-800-436-PSEG (7734)
• Follow: @PSEGdelivers on X and @PSEG on Facebook and Instagram

What help is available if you need help paying your bill?

PSE&G works with customers, nonprofits and community organizations to share energy assistance options. Customers may qualify for help based on criteria such as income eligibility — for example, the Low Income Home Energy Assistance Program (LIHEAP), or SHARES for customers facing a temporary financial crisis.

PSE&G also offers bill-management tools, including the Equal Payment Plan and Deferred Payment Arrangements. The Equal Payment Plan estimates annual energy costs and divides them into 12 equal monthly payments, so monthly spending is more predictable. Deferred Payment Arrangements let customers pay down past-due balances over an agreed period.

For more on payment assistance, visit pseg.com/help.

About PSE&G 

Public Service Electric & Gas Co. is New Jersey's oldest and largest gas and electric delivery public utility, as well as one of the nation's largest utilities. PSE&G has won the ReliabilityOne(r) Award for superior electric system reliability in the Mid-Atlantic region for 24 consecutive years. In 2025, for the fourth consecutive year, J.D. Power named PSE&G number one in customer satisfaction for residential electric service in the East among large utilities. PSE&G is a subsidiary of Public Service Enterprise Group Inc., (PSEG) (NYSE:PEG), a predominantly regulated infrastructure company named to the Dow Jones Best in Class Index for North America for 18 consecutive years (www.pseg.com).

CONTACTS:
Media Relations
DL-ENT-pseg.communications@pseg.com
973-430-7734

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/pseg-is-ready-for-100-degree-heat-this-week-how-to-stay-safe-be-energy-smart-and-report-outages-302814400.html

SOURCE Public Service Electric & Gas Company (PSE&G)

FAQ

How is PSE&G preparing for the 100-degree heat wave in New Jersey (NYSE:PEG)?

PSE&G states it has strengthened and modernized its electric system and prepared its workforce for extreme weather. According to PSEG, year-round investments support resilience, while coordination with regional grid operator PJM helps ensure adequate electric supply during prolonged high temperatures.

Why can PSE&G (NYSE:PEG) customers see higher electric bills during a heat wave?

Electric bills can rise because cooling needs surge as outdoor temperatures increase. According to PSEG, cooling a home to 75°F when it is 95°F outside uses about 300% more electricity than when it is 85°F, driving higher overall energy consumption and costs.

What energy-saving tips does PSE&G (NYSE:PEG) recommend during the June 2026 heat wave?

PSE&G recommends raising thermostats when away, using ceiling fans, closing sun-facing blinds, running appliances off-peak and replacing air filters monthly. According to PSEG, customers can also use energy efficiency programs, rebates and audits available through its online energy-efficiency and marketplace sites.

How can PSE&G (NYSE:PEG) customers track their electricity usage during extreme heat?

Customers can use MyMeter to view electricity use from 15-minute intervals to monthly summaries. According to PSEG, MyMeter is accessed via My Account online or the mobile app, helping customers monitor patterns and adjust behavior across the billing cycle to manage costs.

How do PSE&G (NYSE:PEG) customers report outages and stay informed during summer storms?

Customers can text OUT to 4PSEG, use the PSE&G mobile app, visit the outage center, or call 1-800-436-PSEG. According to PSEG, following @PSEGdelivers on X and @PSEG on Facebook and Instagram also provides updates while additional crews respond to storms.

What bill payment assistance does PSE&G (NYSE:PEG) offer during the June 2026 heat wave?

PSE&G highlights programs like LIHEAP, SHARES, Equal Payment Plan and Deferred Payment Arrangements. According to PSEG, eligible customers can receive energy assistance or spread annual costs into 12 equal payments, and arrange plans to pay down past-due balances over agreed periods.