Public Service Enterprise Group Incorporated is a diversified energy holding company based in Newark, New Jersey. Its principal subsidiary, Public Service Electric and Gas Company (PSE&G), is a regulated utility that delivers electricity and natural gas to residential, commercial, and industrial customers across New Jersey, serving roughly 2.3 million electric and 1.9 million gas customers. PSEG Power, the company's merchant generation arm, operates a largely carbon-free fleet anchored by nuclear plants in New Jersey, supplemented by natural gas and renewable energy assets. The company also holds a long-term contract to operate the Long Island Power Authority's transmission and distribution system in New York. Revenue comes primarily from regulated rate-based utility operations, supplemented by wholesale electricity sales from its generation fleet. PSEG has divested most of its fossil-fuel generation outside New Jersey, sharpening its focus on regulated delivery and nuclear power.

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