Business

PSEG Long Island Contract Extension Approved by N.Y. State Comptroller

Public Service Enterprise Group (PSEG) announced today that the New York State comptroller has given final approval of the extension of the operations services agreement with the Long Island Power Authority (LIPA).

articlePublic Service Enterprise Group IncorporatedDecember 30, 20258/company/public-service-enterprise-group-inc/news/pseg-long-island-contract-extension-130000452
PSEG Long Island Contract Extension Approved by N.Y. State Comptroller

About this update from Public Service Enterprise Group Incorporated

[{"type":"text","content":"Scott Jennings Named New President and COO, PSEG Long IslandJohn Latka Named Senior Vice President Electric Operations, PSEG","length":125,"tagName":"p","attribs":{}},{"type":"text","content":"NEWARK, N.J., Dec. 30, 2025 /PRNewswire/ -- Public Service Enterprise Group (PSEG) announced today that the New York State comptroller has given final approval of the extension of the operations services agreement with the Long Island Power Authority (LIPA).","length":258,"tagName":"p"},{"type":"image","alt":"Public Service Enterprise Group (PSEG) is a publicly traded diversified energy company. Its operating subsidiaries are: PSEG Power, Public Service Electric and Gas Company (PSE&G) and PSEG Long Island. (PRNewsfoto/PSEG)","displaySize":"","headline":null,"caption":"Public Service Enterprise Group (PSEG) is a publicly traded diversified energy company. Its operating subsidiaries are: PSEG Power, Public Service Electric and Gas Company (PSE&G) and PSEG Long Island. (PRNewsfoto/PSEG)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":100,"url":"https://media.zenfs.com/en/prnewswire.com/570a7f2dd87b12403d3959365a1cad16"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/SyFvfu_954M3p5pItci7Rw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE3NjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/570a7f2dd87b12403d3959365a1cad16","width":400,"height":100}},"href":"https://mma.prnewswire.com/media/448542/PSEG_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"PSEG also announced it has named Scott Jennings as the new president and chief operating officer (COO) of PSEG Long Island starting on Jan. 5, 2026. John Latka has been named senior vice president of electric operations at PSEG to support both PSE&G and PSEG Long Island in achieving operational excellence.","length":311,"tagName":"p"},{"type":"text","content":"On Sept. 25, the LIPA Board of Trustees awarded PSEG Long Island a five-year extension on the existing contract to continue to operate the electric grid on Long Island and in the Rockaways. That agreement was approved by the New York State attorney general in October, and by the New York State comptroller this week.","length":317,"tagName":"p"},{"type":"text","content":"PSEG Long Island has operated the electric grid on behalf of LIPA since 2014. The extension begins Jan. 1, ...

More updates from Public Service Enterprise Group Incorporated

Long Island Power AuthorityPSEGScott JenningsLong Islandelectric grid