PSEG Competitive Intelligence & Landscape

PSEG (Public Service Enterprise Group Inc.) is a predominantly regulated energy company founded in 1903. Headquartered in Newark, New Jersey, PSEG plays a significant role in the energy sector as one of the ten largest electric companies in the United States [corporate.pseg.com/aboutpseg/companyinformation/factsandfigures]. The company was formed from the amalgamation of over 400 gas and electric companies [corporate.pseg.com/]. Ralph LaRossa serves as the Chair, President, and Chief Executive Officer of PSEG [corporate.pseg.com/-/media/pseg/corporate/aboutpseg/company-information/pseg-stakeholder-brochure.ashx].

PSEG operates primarily through its regulated utility, Public Service Electric and Gas Company (PSE&G), and a merchant nuclear generation business, PSEG Nuclear [corporate.pseg.com/-/media/pseg/corporate/aboutpseg/company-information/pseg-stakeholder-brochure.ashx].

PSE&G is New Jersey's largest electric and gas utility, providing service to 2.4 million electric customers and 1.9 million gas customers in New Jersey [corporate.pseg.com/aboutpseg/poweringprogress]. Additionally, PSEG Long Island delivers electricity to 1.1 million customers on Long Island and in the Rockaways, NY [corporate.pseg.com/aboutpseg/poweringprogress].

PSEG Nuclear is a substantial clean energy producer, generating approximately 40% of New Jersey's total energy and 85% of its clean energy [corporate.pseg.com/aboutpseg/poweringprogress].

The target market for PSEG includes residential, commercial, and industrial customers in New Jersey and Long Island/Rockaways, NY, who rely on their electric and gas utility services. The company's mission revolves around a commitment to good corporate governance and ethical behavior, guided by principles that emphasize Operational Excellence, Financial Strength, and Disciplined Investment [corporate.pseg.com/aboutpseg/leadershipandgovernance]. Safety is also a core value integral to their corporate culture and risk management program [corporate.pseg.com/aboutpseg/leadershipandgovernance].

PSEG's value proposition centers on providing a reliable, affordable, and sustainable energy future for its customers [corporate.pseg.com/aboutpseg/poweringprogress]. Through its diverse operations, PSEG focuses on powering progress and continually preparing for the future by maintaining operational excellence and strategic investments, ensuring continuous service and advancing clean energy initiatives within its service areas [corporate.pseg.com/aboutpseg/poweringprogress].

PSEG (pseg.com) provides electric and gas service primarily within New Jersey and Long Island or the Rockaways, NY. The company's pricing structure is primarily based on tariffs approved by the New Jersey Board of Public Utilities (BPU) and includes a

PSEG (pseg.com) demonstrates a proactive and continuous hiring strategy, consistently seeking to expand its workforce with "the best and brightest talent in the industry" [jobs.pseg.com]. The company emphasizes Diversity & Inclusion and developing an inclusive culture, which is reflected in its recruitment efforts [jobs.pseg.com]. Career opportunities are available across various departments and locations, including New Jersey, Long Island, and the Rockaways, NY, catering to both experienced professionals and entry-level candidates through campus recruiting initiatives [pseg.com, jobs.pseg.com/LI, corporate.pseg.com/careers/careersatpseg/campusrecruiting].

Recent job postings highlight a strong focus on technological advancement and modernization within PSEG. For instance, a significant number of openings are in the Information Technology sector, including roles like Sr IT Program Manager - SAP Modernization, AI Business Product Manager, AI Business Product Specialist, and Director Cybersecurity Operations [jobs.pseg.com/go/Information-Technology/8086300/]. The company is also actively hiring for positions such as IT Data Scientist Principal I, with a salary range of $107,600 - $170,300, indicating an investment in data analytics and a hybrid flexible work model for this role [jobs.pseg.com/job/Newark-10967-IT-Data-Scientist-Principal-I-NJ-07101/1392746200/].

Beyond IT, PSEG also lists openings in areas like Business Operations, Customer Service, Engineering, and Union roles, such as Test Engineer - Mechanical and Electrical, and Temporary Fire Protection Operator - Nuclear [jobs.pseg.com/viewalljobs/, jobs.pseg.com/content/Customer-Service/, jobs.pseg.com/go/Union/8086900/]. The diverse range of positions available, along with the company's explicit call to "Come Grow with Us," suggests ongoing expansion and strategic investment across its operations, rather than any indications of significant layoffs [jobs.pseg.com].

PSEG's hiring patterns signal a strategic direction towards enhancing its technological capabilities, particularly in areas like AI, data science, and cybersecurity, alongside maintaining and improving its core energy services. The long validity dates for some postings, extending into 2026, suggest a forward-looking approach to talent acquisition for critical and specialized roles [jobs.pseg.com/go/Union/8086900/, jobs.pseg.com/job/Newark-10967-IT-Data-Scientist-Principal-I-NJ-07101/1392746200/]. This comprehensive and continuous recruitment effort underscores PSEG's commitment to innovation, operational excellence, and long-term growth as one of the country's largest energy companies [jobs.pseg.com/job/Newark-10967-IT-Data-Scientist-Principal-I-NJ-07101/1392746200/].

PSEG (Public Service Enterprise Group Inc), a New Jersey-headquartered public utility holding company, demonstrates strong financial performance with predictable cash flow and a solid balance sheet [https://investor.pseg.com/financial-information/fixed-income/default.aspx]. The company, trading on the NYSE under the ticker PEG [https://investor.pseg.com/financial-information/ir-fact-sheets/default.aspx], reported a net income of $4.22 per share and non-GAAP operating earnings of $4.05 per share for 2025 [https://investor.pseg.com/investor-news-and-events/financial-news/financial-news-details/2026/PSEG-ANNOUNCES-2025-RESULTS/default.aspx]. In the first quarter of 2026, PSEG announced results including PSE&G net income of $577 million and PSEG Power & Other net income of $164 million [https://investor.pseg.com/investor-news-and-events/financial-news/financial-news-details/2026/PSEG-ANNOUNCES-FIRST-QUARTER-2026-RESULTS/default.aspx].

PSEG's financial health is underpinned by its predominantly regulated electric and gas utility operations, serving 2.4 million electric customers and 1.9 million gas customers in New Jersey through its subsidiary PSE&G [https://investor.pseg.com/financial-information/fixed-income/default.aspx/1000/]. The company also includes PSEG Power & Other, which encompasses its nuclear generation business with a 3,758-megawatt fleet, gas supply operations, and PSEG Long Island [https://investor.pseg.com/financial-information/fixed-income/default.aspx/1000/]. This business mix is expected to support a significant regulated capital program ranging from $22.5 billion to $25.5 billion [https://investor.pseg.com/financial-information/fixed-income/default.aspx].

As of the available information, PSEG consistently provides detailed financial information through its investor relations website, including SEC Filings, Quarterly Results, and Annual Reports [https://investor.pseg.com/home/default.aspx]. The company issues various fact sheets, such as the 2026 Dividend Fact Sheet, 2026 Investor Fact Book, and 2026 Annual Fact Sheet, providing transparency into its financial position and outlook [https://investor.pseg.com/financial-information/ir-fact-sheets/default.aspx].

PSEG (pseg.com) actively participates in and hosts various events, demonstrating its commitment to investor transparency, business engagement, and community support. The company regularly holds earnings webcasts for investors, such as the Q1 2026 Earnings Webcast on May 5, 2026, and the Q4 & FY 2025 Earnings Webcast on February 26, 2026 [https://investor.pseg.com/investor-news-and-events/events-calendar/default.aspx][https://investor.pseg.com/investor-news-and-events/events-calendar/event-details/2026/PSEG-Q4--FY-2025-brEarnings-Webcast/default.aspx]. These webcasts provide updates on the company's financial performance.

PSEG also hosts an annual Virtual Annual Meeting for its shareholders, with recent occurrences on April 21, 2026, and April 22, 2025 [https://investor.pseg.com/investor-news-and-events/events-calendar/default.aspx][https://investor.pseg.com/investor-news-and-events/events-calendar/event-details/2025/PSEG-Virtual-Annual-Meeting/default.aspx].

Beyond investor relations, PSEG offers a range of free webinars focused on energy innovation, energy efficiency, and other power-related topics crucial for businesses [https://nj.pseg.com/businessandcontractorservices/saveenergyandmoneyforbusiness/freeenergywebinarsforyourbusiness][https://nj.pseg.com/businessandcontractorservices/saveenergyandmoneyforbusiness][https://nj.pseg.com/businessandcontractorservices/customer-service-for-business]. These webinars provide valuable information, including guidance on understanding energy bills and details on available energy efficiency programs. The company also engages in payment assistance outreach, hosting virtual webinars and enrollment events to help customers manage their bills, with scheduled sessions like those in Union and Passaic in March and April 2026 [https://nj.pseg.com/saveenergyandmoney/gethelppayingyourbill/backontrack].

PSEG's event participation also includes specific conferences, such as the PSEG 2023 Investor Conference held on March 10, 2023, which was broadcast live via video webcast with accompanying presentation materials [https://nj.pseg.com/newsroom/newsrelease339]. Additionally, the company has hosted virtual stakeholder meetings, with a notable one on August 24, 2023, offering access to webinar recordings and presentations [https://nj.pseg.com/newsroom/newsrelease370]. These varied events underscore PSEG's commitment to engaging with different stakeholders, from investors to business customers and community members.