PEG

Public Service Enterprise Group Inc (PEG) is a regulated utility holding company headquartered in Newark, New Jersey. Through its subsidiary Public Service Electric and Gas Company, it delivers electricity and natural gas to residential, commercial and industrial customers in New Jersey, while also operating nuclear generation assets and a contract‑based electricity service for Long Island, New York. The firm’s business model relies on tariff‑regulated rates that provide stable cash flow and supports investments in grid reliability, renewable projects such as solar and energy‑efficiency programs, and emerging infrastructure like electric‑vehicle charging. PEG is one of the largest multi‑utility providers in the Northeast, distinguished by its extensive transmission and distribution network and a strategic shift toward clean‑energy and nuclear generation after divesting most fossil‑fuel plants.