Public Service Enterprise Group

Voltus and Resideo Launch New Residential Thermostat Virtual Power Plants in PJM ComEd and NYISO PSEG-LI Territories

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火曜日, 5月 14, 2024

U.S. electricity demand is expected to reach record highs, growing by 4.1 trillion kWh by 2025 (EEI 2023).

Key Points: 
  • U.S. electricity demand is expected to reach record highs, growing by 4.1 trillion kWh by 2025 (EEI 2023).
  • VPPs offer a reliable, sustainable, and cost-effective solution to grid operators to help meet this growing demand.
  • According to the Department of Energy (DOE) Liftoff Report (Sept. 2023) , tripling VPP capacity could address 10-20% of this growing peak demand.
  • Resideo Grid Services will then intelligently manage the comfort settings of enrolled homes across the ComEd and PSEG-LI territories to seamlessly deliver energy-efficiency savings while keeping homes comfortable.

PSEG Long Island Honored for Implementing a Customer-Centric Modern Rate Initiative

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木曜日, 5月 2, 2024

By taking a research-driven approach and employing a range of personalized marketing initiatives, PSEG Long Island enrolled more than 14,000 customers in Time-of-Use (TOU) rates, more than double the original target.

Key Points: 
  • By taking a research-driven approach and employing a range of personalized marketing initiatives, PSEG Long Island enrolled more than 14,000 customers in Time-of-Use (TOU) rates, more than double the original target.
  • The success of the program led their governing authority, the Long Island Power Authority (LIPA), to move forward with a full-scale TOU rollout to all 1.2 million PSEG Long Island customers starting in 2024.
  • It requires multiple departments within a utility to collaborate to ensure a successful transition,” said Nayan Parikh, Technology Group Product Manager, PSEG Long Island.
  • A huge congratulations to PSEG Long Island and everyone involved for delivering such a successful, customer-centric rollout of TOU rates.”

Essential Utilities Announces Election of Christopher Bruner and Tamara Linde to Board of Directors

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木曜日, 5月 2, 2024

Essential Utilities Inc. (NYSE: WTRG) announces Christopher Bruner and Tamara Linde as the newest members of its board of directors.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) announces Christopher Bruner and Tamara Linde as the newest members of its board of directors.
  • Mr. Bruner will chair Essential’s audit committee and serve on the executive compensation committee.
  • Ms. Linde will serve on the corporate governance committee and the risk mitigation and investment policy committee.
  • View the full release here: https://www.businesswire.com/news/home/20240502139650/en/
    Essential Utilities Announces Election of Christopher Bruner to Board of Directors.

Former CEOs of JetBlue, Maersk Drilling, and Public Service Enterprise Group (PSEG) join Avina Clean Hydrogen’s distinguished advisory board

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水曜日, 4月 3, 2024

SHORT HILLS, N.J., April 03, 2024 (GLOBE NEWSWIRE) -- Avina Clean Hydrogen is excited to announce the appointment of three renowned industry leaders to its Advisory Board.

Key Points: 
  • SHORT HILLS, N.J., April 03, 2024 (GLOBE NEWSWIRE) -- Avina Clean Hydrogen is excited to announce the appointment of three renowned industry leaders to its Advisory Board.
  • Ltd., and Ralph Izzo, Former Chairman and CEO of Public Service Enterprise Group (PSEG), join the existing distinguished panel of advisory board members, bringing valuable expertise and insight to the company's projects in the clean fuels sector.
  • "We are thrilled to welcome our new Advisory Board members," said Vishal Shah, Founder & CEO of Avina Clean Hydrogen.
  • Their expertise will complement our existing prestigious Advisory Board members, enabling us to collaborate effectively in building a world-class company that delivers compelling clean fuel solutions to the market,” said Steven Berkenfeld, Board Member of Avina.

PSEG To Announce First Quarter 2024 Financial Results On April 30

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火曜日, 4月 9, 2024

NEWARK, N.J., April 9, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its first quarter 2024 earnings call at 11:00 a.m.

Key Points: 
  • NEWARK, N.J., April 9, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its first quarter 2024 earnings call at 11:00 a.m.
  • ET on Tuesday, April 30, during which management will discuss first quarter financial results, financial guidance, capital investments, regulatory activities, and other important matters.
  • The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations website at https://investor.pseg.com .
  • A replay of the audio webcast, along with the accompanying presentation materials, will be available on the Investor News and Events section of PSEG's Investor Relations website by May 1.

PSEG Long Island Expands Partnership with Bidgely to Build Comprehensive Energy Efficiency Program

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木曜日, 3月 7, 2024

PSEG Long Island has expanded its partnership with Bidgely to execute an end-to-end energy efficiency solution that aligns with new time-of-day (TOD) regulatory priorities while continuing to promote significant energy savings and customer engagement.

Key Points: 
  • PSEG Long Island has expanded its partnership with Bidgely to execute an end-to-end energy efficiency solution that aligns with new time-of-day (TOD) regulatory priorities while continuing to promote significant energy savings and customer engagement.
  • Bidgely will also expand its customer engagement program with PSEG Long Island from roughly 550,000 customers to 700,000 customers.
  • View the full release here: https://www.businesswire.com/news/home/20240307139429/en/
    Expanded partnership between PSEG Long Island and Bidgely will empower consumers to save money, support grid stability, and make more efficient energy decisions.
  • Additionally, Bidgely’s true disaggregation capabilities will help PSEG Long Island identify and target customers with pool pumps and gas heating for energy efficiency and heat pump systems.

PSEG Long Island Urges Customers to Know What to Do if Visited by Someone Dressed as a Utility Worker

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金曜日, 2月 9, 2024

UNIONDALE, N.Y., Feb. 9, 2024 /PRNewswire/ -- In light of a recent home invasion incident in Nassau County involving robbers dressed as utility workers, PSEG Long Island urges customers to know what its employees look like and what they typically do when making visits to a home.

Key Points: 
  • "The safety of customers and employees is our top priority at PSEG Long Island," said Lou Debrino, vice president of Customer Operations for PSEG Long Island.
  • PSEG Long Island reminds customers do the right thing if confronted with a demand for payment and a threat of imminent shutoff: Get the truth from real PSEG Long Island representatives at 1-800-490-0025.
  • PSEG Long Island operates the Long Island Power Authority's transmission and distribution system under a long-term contract.
  • PSEG Long Island is a subsidiary of Public Service Enterprise Group Inc. (PSEG) (NYSE:PEG), a publicly traded diversified energy company.

ITC Holdings Announces Changes to Federal Affairs and Regulatory Strategy Team

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水曜日, 1月 31, 2024

NOVI, Mich., Jan. 31, 2024 /PRNewswire/ -- ITC announces the retirement of Nina Plaushin, Vice President of Federal Affairs and Regulatory Strategy, and names Donise Dukes Vice President of Federal Affairs and Purvi Patel Vice President of Regulatory Strategy.

Key Points: 
  • NOVI, Mich., Jan. 31, 2024 /PRNewswire/ -- ITC announces the retirement of Nina Plaushin, Vice President of Federal Affairs and Regulatory Strategy, and names Donise Dukes Vice President of Federal Affairs and Purvi Patel Vice President of Regulatory Strategy.
  • "She has been instrumental in navigating the intricate landscape of government and regulatory policy at both federal and state levels.
  • Having managed government and political affairs at the federal level for more than 20 years, Ms. Dukes previously served as Director of Federal Affairs at ITC and Public Service Enterprise Group (PSEG).
  • Over the 20 years, Ms. Patel has taken on various roles at ITC including Director of Regulatory Strategy, Manager of Regulatory Strategy and Senior Regulatory Analyst.

PSEG To Announce Fourth Quarter and Full Year 2023 Financial Results On Feb. 26

Retrieved on: 
金曜日, 1月 26, 2024

NEWARK, N.J., Jan. 26, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its fourth quarter and full year 2023 earnings call at 11:00 a.m.

Key Points: 
  • NEWARK, N.J., Jan. 26, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its fourth quarter and full year 2023 earnings call at 11:00 a.m.
  • ET on Monday, Feb. 26, during which management will discuss fourth quarter and full year financial results, financial guidance, capital investments, regulatory activities, and other important matters.
  • The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations website at https://investor.pseg.com .
  • A replay of the audio webcast, along with the accompanying presentation materials, will be available on the Investor News and Events section of PSEG's Investor Relations website by Feb 27.

PSEG Elects Ricardo G. Pérez to Board of Directors

Retrieved on: 
水曜日, 1月 24, 2024

NEWARK, N.J., Jan. 24, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that Ricardo (Ric) G. Pérez has been elected to its Board of Directors, effective January 22, 2024.

Key Points: 
  • NEWARK, N.J., Jan. 24, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that Ricardo (Ric) G. Pérez has been elected to its Board of Directors, effective January 22, 2024.
  • Prior to TVA, Pérez served the Westinghouse Electric Company from 1981 to 2013, including as president and chief operating officer from 2010 to 2013.
  • He also has valuable experience in talent development, a workforce priority," PSEG Chair, President and CEO Ralph LaRossa said.
  • Pérez is a member of the University of Florida Nuclear Engineering Advisory Board and an executive member of the Latino Corporate Directors Association.