Public Service Enterprise Group

Public Service Enterprise Group, Incorporated
Company typePublic
IndustryUtilities
Founded1903 (1903) (legacy), 1928 (1928) (PSE&G), 1985 (1985) (PSEG)
HeadquartersNewark, New Jersey, US
Key people
Ralph LaRossa (President, CEO)
Daniel Cregg (EVP, CFO)
Revenue
  • US$ 10.076 billion (2019)
  • US$ 9.696 billion (2018)
  • US$ 1.943 billion (2019)
  • US$ 2.298 billion (2018)
  • US$ 1.693 billion (2019)
  • US$ 1.438 billion (2018)
Total assets
  • US$ 47.730 billion (2019)
  • US$ 45.326 billion (2018)
Total equity
  • US$ 15.089 billion (2019)
  • US$ 14.377 billion (2018)
Number of employees
12,945 (2017)
SubsidiariesPSE&G, PSEG Power,
PSEG Long Island
Websitepseg.com

The Public Service Enterprise Group, Inc. (PSEG) is a publicly traded energy company based in Newark, New Jersey. It was founded in 1985, with its roots tracing back to 1903.

Its largest subsidiary is Public Service Electric and Gas Company (PSE&G), a regulated utility that supplies electricity and natural gas throughout New Jersey. Established in 1928, PSE&G is the state’s oldest and largest investor owned utility. It was originally part of the New Jersey-based Public Service Corporation.