PSEG’s $960 Million Energy-Savings Update Puts Its Earth Day Push Under Investor Spotlight
PSE&G says its energy-efficiency programs now save New Jersey customers nearly $960 million a year, with about 500,000 households and 22,000 businesses participating since October 2020. The company reports first-quarter results May 5, when management is expected to address earnings guidance and capital spending. PSEG has cut operational emissions by 95% from 2005 levels and projects 2026 non-GAAP earnings of $4.28–$4.40 per share.