Long Island Power Authority

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

Retrieved on: 
Friday, February 9, 2024
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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.

Canon U.S.A. President and CEO Kazuto “Kevin” Ogawa and Executive Vice President and General Manager Seymour Liebman Earn Spots on City & State’s Long Island Power 100 List

Retrieved on: 
Monday, November 6, 2023
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MELVILLE, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Two top executives from Canon U.S.A., Inc. a leader in digital imaging solutions, earned inclusion to City & State’s Long Island Power 100 list, with Kazuto "Kevin" Ogawa, President and CEO, and Seymour Liebman, Executive Vice President and General Manager, garnering spots on the prestigious list.

Key Points: 
  • MELVILLE, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Two top executives from Canon U.S.A., Inc. a leader in digital imaging solutions, earned inclusion to City & State’s Long Island Power 100 list, with Kazuto "Kevin" Ogawa, President and CEO, and Seymour Liebman, Executive Vice President and General Manager, garnering spots on the prestigious list.
  • City & State's list of the Long Island Power 100 list builds off its established list of 100 most powerful people in New York City, with criteria for inclusion including Long Island leaders in politics, media and business, among other sectors.
  • “It is an honor to make City & State’s Long Island Power 100 List, and I’m also proud to be included with Kevin Ogawa,” Mr. Liebman said.
  • Mr. Liebman currently serves as the executive vice president, chief administrative officer and general counsel of Canon U.S.A., Inc., senior managing executive officer of Canon Inc., Japan and chairman of BriefCam, Ltd.

FuelCell Energy Reports First Quarter of Fiscal 2023 Results

Retrieved on: 
Thursday, March 9, 2023
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DANBURY, Conn., March 09, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results for its first quarter ended January 31, 2023.

Key Points: 
  • Compared to the first quarter of fiscal 2022, Advanced Technologies contract revenues recognized under the Joint Development Agreement with EMTEC were approximately $0.1 million higher during the first quarter of fiscal 2023, and revenue recognized under government and other contracts were approximately $0.3 million higher during the first quarter of fiscal 2023.
  • Operating expenses for the first quarter of fiscal 2023 decreased to $27.7 million from $41.9 million in the first quarter of fiscal 2022.
  • Research and development expenses increased to $12.7 million during the first quarter of fiscal 2023 compared to $5.0 million in the first quarter of fiscal 2022.
  • Net loss was $(21.1) million in the first quarter of fiscal 2023, compared to net loss of $(46.1) million in the first quarter of fiscal 2022.

For Consumer Protection Week, Get to Know the Telltale Signs of a Scam

Retrieved on: 
Tuesday, March 7, 2023
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UNIONDALE, N.Y., March 7, 2023 /PRNewswire/ -- This year, March 5-11 marks National Consumer Protection Week, and PSEG Long Island urges customers to understand scammers' tactics and do the right thing if confronted with a demand for payment and a threat of imminent shutoff: Get the truth from the real PSEG Long Island at 1-800-490-0025.

Key Points: 
  • "Consumer Protection Week is a time to help people understand their consumer rights and avoid frauds and scams.
  • More than 2,500 scam calls were reported to PSEG Long Island in 2022.
  • PSEG Long Island does not accept external, web-based electronic payment services (outside of payments through MyAccount) as a method of payment.
  • PSEG Long Island is a subsidiary of Public Service Enterprise Group Inc. (PSEG) (NYSE:PEG), a publicly traded diversified energy company.

FuelCell Energy Reports Fourth Quarter of Fiscal 2022 Results

Retrieved on: 
Tuesday, December 20, 2022
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DANBURY, Conn., Dec. 20, 2022 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results and key business highlights for its fourth quarter and fiscal year ended October 31, 2022.

Key Points: 
  • Note: All comparisons between periods are between the fourth quarter of fiscal 2022 and the fourth quarter of fiscal 2021, unless otherwise specified.
  • Operating expenses for the fourth quarter of fiscal 2022 increased to $27.5 million from $14.2 million in the fourth quarter of fiscal 2021.
  • Additionally, the provision for income tax was $0.3 million in the fourth quarter of fiscal 2022 compared to a negligible amount in the fourth quarter of fiscal 2021.
  • Adjusted EBITDA totaled $(36.1) million in the fourth quarter of fiscal 2022, compared to Adjusted EBITDA of $(16.9) million in the fourth quarter of fiscal 2021.

Bidgely Increases Nearly 90% Sales Growth Year-Over-Year in 2022

Retrieved on: 
Tuesday, December 6, 2022
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Bidgelys artificial intelligence (AI)-powered energy solutions accelerated the clean energy future in 2022, achieving nearly 90 percent year-over-year sales growth.

Key Points: 
  • Bidgelys artificial intelligence (AI)-powered energy solutions accelerated the clean energy future in 2022, achieving nearly 90 percent year-over-year sales growth.
  • Bidgely was also named a finalist in the S&P Platts Global Energy Awards Grid Edge category for the second consecutive year.
  • Guptas on-stage discussions at EEI 2022 and DistribuTECH 2022 also focused on delivering customer-centric, climate forward approaches to energy management that turn challenges like electrification into growth opportunities.
  • Bidgely received The Economic Times' 2022-2023 Future Ready Organization Award for its India workforces dedication to quality and innovation.

Rachel Lane Joins Student Transportation of America as Vice President of Electrification & Sustainability

Retrieved on: 
Thursday, October 27, 2022
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WALL, N.J., Oct. 27, 2022 /PRNewswire/ -- Student Transportation of America (STA) announced today that Rachel Lane has joined the company's Leadership Team as Vice President of Electrification & Sustainability.

Key Points: 
  • WALL, N.J., Oct. 27, 2022 /PRNewswire/ -- Student Transportation of America (STA) announced today that Rachel Lane has joined the company's Leadership Team as Vice President of Electrification & Sustainability.
  • The addition of Rachel to our management team reinforces STA's continued commitment to achieving a greener environment.
  • "The addition of Rachel to our management team reinforces STA's continued commitment to achieving a greener environment."
  • Founded in 1997, Student Transportation of America (STA) is an industry leader in school transportation, safety and fleet services.

PSEG To Announce Third-Quarter 2022 Financial Results On Oct. 31

Retrieved on: 
Wednesday, October 12, 2022
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NEWARK, N.J., Oct. 12, 2022 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its third-quarter 2022 earnings call at 11:00 a.m.

Key Points: 
  • NEWARK, N.J., Oct. 12, 2022 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its third-quarter 2022 earnings call at 11:00 a.m.
  • ET on Monday, Oct. 31, during which management will discuss third-quarter financial results and other important matters.
  • PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island.
  • From time to time, PSEG and PSE&G release important information via postings on their corporate Investor Relations website at https://investor.pseg.com .

Ralph LaRossa Honored by American Gas Association

Retrieved on: 
Monday, October 10, 2022
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NEWARK, N.J., Oct. 10, 2022 /PRNewswire/ -- The AGA has announced that PSEG President and CEO Ralph LaRossa has received their 2022 Distinguished Service Award, presented today during the AGA Executive Conference. The honor recognizes visionary leaders who enhance customers' lives through dedication to their industry and communities.

Key Points: 
  • "Having started my career in natural gas and having served as an AGA president, I couldn't be more honored to receive this award," LaRossa remarked.
  • Americans rely on natural gas because it has proven to be safe and affordable.
  • LaRossa championed workforce and skills development and inspired others in the gas industry to better prepare employees to deliver energy to the customers of tomorrow.
  • LaRossa advocated for New Jersey's Gas System Modernization Program to upgrade more than 1,400 miles of cast-iron and steel pipes and install flood-proofed metering and regulating stations.

PSEG Announces Ralph LaRossa as President and CEO

Retrieved on: 
Thursday, September 1, 2022
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NEWARK, N.J., Sept. 1, 2022 /PRNewswire/ -- PSEG announced that Ralph LaRossa has been named president and chief executive officer effective Sept. 1, 2022. As part of a planned leadership succession process, LaRossa also joins the boards of PSEG and PSE&G.

Key Points: 
  • As part of a planned leadership succession process, LaRossa also joins the boards of PSEG and PSE&G.
  • "I am incredibly honored to step into this role after working so closely with Ralph Izzo for so many years," said Ralph LaRossa, PSEG president and CEO.
  • For over three decades, LaRossa held leadership roles overseeing all of the operating businesses of PSEG, including: Public Service Electric & Gas (PSE&G); PSEG Power; PSEG Long Island; and PSEG Services Corp. functions, including information technology and cyber and physical security.
  • PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island.