PSE&G Proposes New Measures to Aid Customers Amid Rising Energy Costs

Reuters

May 16

PSE&G Proposes New Measures to Aid Customers Amid Rising Energy Costs

PSE&G, a subsidiary of Public Service Enterprise Group Inc. and New Jersey's largest gas and electric delivery utility, has announced an amendment to its recent filing with the New Jersey Board of Public Utilities. This update aims to provide additional short-term relief to mitigate the impact of significant electric supply cost increases due to high PJM capacity market prices. In response to requests from Gov. Phil Murphy, PSE&G is seeking approval for an expansion of the Winter Termination Program, which offers utility shut-off protection to low-income and vulnerable individuals, and the suspension of reconnection fees. PSE&G is recognized for its superior electric system reliability and customer satisfaction, and it continues to work with customers, nonprofits, and community organizations to promote energy assistance options and manage utility bills effectively.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PSEG - Public Service Enterprise Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY89590) on May 15, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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ID: NY89590) on May 15, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PEG","symbol_name":"公务集团","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nNDL12fMbg:1","article_id":"2535061798","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535061798","pubTimestamp":1747345535,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"PSE&G, a subsidiary of Public Service Enterprise Group Inc. and New Jersey's largest gas and electric delivery utility, has announced an amendment to its recent filing with the New Jersey Board of Public Utilities. 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This update aims to provide additional short-term relief to mitigate the impact of significant electric supply cost increases due to high PJM capacity market prices. In response to requests from Gov. Phil Murphy, PSE&G is seeking approval for an expansion of the Winter Termination Program, which offers utility shut-off protection to low-income and vulnerable individuals, and the suspension of reconnection fees. PSE&G is recognized for its superior electric system reliability and customer satisfaction, and it continues to work with customers, nonprofits, and community organizations to promote energy assistance options and manage utility bills effectively.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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