Public Service Electric and Gas Company

Public Service Electric and Gas Company

The Public Service Electric and Gas Company (commonly known as PSE&G, and originally known as the Public Service Corporation of New Jersey) (nyse|PEG) is a regulated, publicly owned gas and electric utility company in the state of New Jersey, USA. It is New Jersey's oldest and largest publicly owned utility.

Facts

PSE&G currently serves nearly three quarters of New Jersey's population in a service area consisting of a 2,600- square-mile diagonal corridor across the state from Bergen to Gloucester Counties. PSE&G is the largest provider of gas and electric service, servicing 1.7 million gas customers and 2.1 million electric customers in more than 300 urban, suburban and rural communities, including New Jersey 's six largest cities.

The Public Service Corporation was formed in 1903 by amalgamating more than 400 gas, electric and transportation companies in New Jersey. It was re-named Public Service Electric and Gas Company in 1948. Today, it is called Public Service Enterprise Group Inc.(PSEG).

In June of 2005, the acquisition of PSEG by Exelon, a Chicago and Philadelphia based utility conglomerate, was approved by the Federal Energy Regulatory Commission, however the deal was never consummated and eventually dissolved after it became clear that it would not win state regulatory approval. [http://www.pseg.com/media_center/pressreleases/articles/2006/2006-09-14b.jsp] .

Environmental record


In 2001 PSEG received The Walter B. Jones Memorial and NOAA Excellance Awards in Coastal and Ocean Resource Management [ [http://oceanservice.noaa.gov/programs/ocrm/jonesnoaa/supp_2001winners.html NOAA Awards details page] ] in the category of Excellence in Business Leadership for its Estuary Enhancement Program. [ [http://www.pseg.com/environment2008/estuary/overview.jsp Overview of the PSEG EPP program.] ]

Researchers at the University of Massachusetts Amherst have identified PSEG as the 48th-largest corporate producer of air pollution in the United States, with roughly five million pounds of toxic chemicals released annually into the air. [ [http://www.peri.umass.edu/Toxic-100-Table.265.0.html Political Economy Research Institute Toxic 100 (Study released May 11, 2006)] retrieved 15 Aug 2007] Major pollutants indicated by the study include manganese, chromium and nickel compounds; sulfuric and hydrochloric acid. [ [http://www.rtknet.org/new/tox100/toxic100.php?company1=19550&chemfac=chem&advbasic=basToxics Release Inventory courtesy rtknet.org] ]

References

External links

* [http://www.pseg.com/companies/pseandg/ PSE&G]


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Public Service Electric and Gas Company — Rechtsform Gründung 1903 Sitz Newark …   Deutsch Wikipedia

  • Public Service Enterprise Group — Public Service Electric and Gas Company Unternehmensform Gründung 1903 Unternehmenssitz Newark, New Jersey Unternehmensleitung Ralph I …   Deutsch Wikipedia

  • Public Service Corporation (disambiguation) — Public Service Corporation may refer to:*Public Service Railway *former name of Public Service Electric and Gas Company (PSE G) …   Wikipedia

  • Public Service Enterprise Group — Logo de PSEG Création 1903 Dates clés 1980: Ventes des activités de transport à l état du New Jersey 2005: Fusion avortée avec Exelon …   Wikipédia en Français

  • List of United States electric companies — This is a list of United States electric companies by state.*Alabama Alabama Power, PowerSouth Energy Cooperative, Inc., Wiregrass Electric Cooperative *Alaska Golden Valley Electric Association, Chugach Electric Association, Copper Valley… …   Wikipedia

  • Pacific Gas and Electric — Company Rechtsform Gründung 1905 Sitz …   Deutsch Wikipedia

  • Morristown and Erie Railway — Reporting mark ME Locale northern New Jersey and southeastern Maine Dates of operation …   Wikipedia

  • Newark Public Service Terminal — A 1917 view of the ramp to the upper level of the terminal. The Public Service Terminal was a two level streetcar station in Newark, New Jersey, owned and operated by the Public Service Corporation. It served as the terminus for streetcar lines… …   Wikipedia

  • American Electric Power — Inc. Rechtsform Corporation Aktiengesellschaft (USA) ISIN US0255371017 Sitz …   Deutsch Wikipedia

  • Southern Company — Rechtsform Corporation ISIN US8425871071 Sitz …   Deutsch Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”