Public Service Enterprise Group

The Public Service Enterprise Group, Inc. (PSEG) is a publicly traded diversified energy company headquartered in Newark, New Jersey, US established in 1985 with a legacy dating back to 1903.

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 company's largest subsidiary is Public Service Electric and Gas Company (PSE&G). The Public Service Electric and Gas Company is a regulated gas and electric utility company established in 1928 serving the state of New Jersey and it is New Jersey's oldest and largest investor owned utility company; it was originally a subsidiary of the New-Jersey-based Public Service Corporation.

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