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
Revenue
  • US$ 10.290 billion (2024)
  • US$ 11.273 billion (2023)
  • US$ 2.353 billion (2024)
  • US$ 3.685 billion (2023)
  • US$ 1.772 billion (2024)
  • US$ 2.563 billion (2023)
Total assets
  • US$ 54.640 billion (2024)
  • US$ 50.741 billion (2023)
Total equity
  • US$ 16.114 billion (2024)
  • US$ 15.477 billion (2023)
Number of employees
12,945 (2017)
Subsidiaries
  • PSE&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, where it has been based since its founding. 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.