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PSE&G Applauds FERC Decision Protecting Its Customers From Unfair Transmission Costs
PSE&G announced today that the Federal Energy Regulatory Commission (FERC) has issued a major decision rejecting a proposed settlement that would have disproportionately allocated transmission costs to customers—delivering a significant win for PSE&G customers. FERC's March 6 order (FERC Order number 20260306-3001) found that the proposed settlement would have disproportionately and unfairly shifted transmission project costs.
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[{"type":"text","content":"PSE&G's efforts protect its customers, delivering potentially millions of dollars in real savings to families and businesses","length":132,"tagName":"p","attribs":{}},{"type":"text","content":"NEWARK, N.J., March 17, 2026 /PRNewswire/ -- PSE&G announced today that the Federal Energy Regulatory Commission (FERC) has issued a major decision rejecting a proposed settlement that would have disproportionately allocated transmission costs to customers—delivering a significant win for PSE&G customers. FERC's March 6 order (FERC Order number 20260306-3001) found that the proposed settlement would have disproportionately and unfairly shifted transmission project costs.","length":492,"tagName":"p"},{"type":"image","alt":"PSE&G logo (PRNewsfoto/Public Service Electric & Gas Company (PSE&G))","displaySize":"","headline":null,"caption":"PSE&G logo (PRNewsfoto/Public Service Electric & Gas Company (PSE&G))","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":99,"url":"https://media.zenfs.com/en/prnewswire.com/9ca592149603f19a8b38572e8036ef3f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/PMAOnehIFPllkBaT4lzLLA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE3NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/9ca592149603f19a8b38572e8036ef3f","width":400,"height":99}},"href":"https://mma.prnewswire.com/media/2688902/PSEG_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"PSE&G was the only electric utility in PJM that opposed the settlement, which has now been rejected by FERC. Had the settlement been approved, it would have imposed significant and unfair cost burdens on PSE&G customers.","length":228,"tagName":"p"},{"type":"text","content":"PSE&G argued that the proposal was unjust, unreasonable, unduly discriminatory, and unsupported by the evidence—arguments FERC ultimately adopted in its order. Along with the NJ BPU and the NJ Division of Rate Counsel, PSE&G filed multiple rounds of pleadings opposing the settlement.","length":292,"tagName":"p"},{"type":"text","content":""PSE&G fights for our customers every single day, and this decision shows what that commitment means in real terms," said PSE&G President and Chief Operating Officer, Public Service Electric and Gas Company, Kim Hanemann. "We strongly opposed ...
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