Public Service Enterprise Group Incorporated · NYSE:PEG
Public Service Enterprise — Q1 2026 Earnings Presentation
24 slides from Public Service Enterprise's earnings presentation, May 5, 2026
Slide 1: Working toward a cleaner, more reliable future
PSEG 1 Working toward a cleaner, more reliable future.
Slide 2: Our PSEG vision
Our PSEG vision. 2 Powering a future where people use less energy, and it’s cleaner, safer, and delivered more reliably than ever.
Slide 3: Meet the PSEG Senior Executive Team
Meet the PSEG Senior Executive Team PSEG 3 Ralph LaRossa Chair, President and Chief Charles V. McFeaters Executive Officer, Public President and Chief Service Enterprise Group Inc. Nuclear Officer Daniel J. Cregg Grace H. Park Executive Vice President and Executive Vice President Chief Financial Off
Slide 4: Meet the PSEG Corporate Citizenship External Affairs Team
Meet the PSEG Corporate Citizenship External Affairs Team Federal Affairs Kristen Ludecke Michael Brairton VP Federal Affairs and Sustainability Senior Director, Federal Affairs PSEG 4 State Affairs Wesley Mathews Kathleen Donovan VP State Government Affairs State Government Affairs, Agency Liaison
Slide 5: Regional Public Affairs
Regional Public Affairs Northern Team Southern Team Sara Peña Frank Lucchesi PSEG Director – External Affairs North Director – External Affairs South 5 Everton Scott Mike Coyle Sr. Regional Public Affairs Manager Regional Public Affairs Manager Essex, Hunterdon, Morris and Mercer, Middlesex and Pass
Slide 6: From PSEG leadership
From PSEG leadership “For over 120 years, we’ve kept your lights on and homes warm while prioritizing safety. We’re working to fulfill our Powering Progress vision by investing in energy infrastructure that can support our customers’ needs. We also continue our work to keep customer bills as low PSE
Slide 7: Who we are / Why we care
Who we are Founded in 1903, Public Service Enterprise Group (PSEG) is a Newark, New Jersey based energy company consisting primarily of a regulated utility (PSE&G), a merchant nuclear generation business (PSEG Nuclear) and PSEG Long Island. Electric territory One of New Jersey’s largest employers, o
Slide 8: Awards and recognition
Awards and recognition PSEG and its employees are honored to receive a number of awards and recognition from organizations from a variety of disciplines. 2025 2024 ReliabilityOne® Award for Outstanding Metropolitan Service Area Reliability Performance in the Mid-Atlantic Region, 23rd consecu- 2025 E
Slide 9: Customer satisfaction and affordability
Customer satisfaction and affordability PSE&G takes pride in our long-standing service excellence, In summer 2025, PSE&G proactively launched a Summer reliability, focus on affordability and customer care. Relief Initiative aimed at helping customers manage their bills amid both rate increases and h
Slide 10: Reliability and resiliency
Reliability and resiliency Today’s customers rely on electricity to fuel their daily lives. When the power does go out, usually due to weather, PSE&G customers are restored within an average of 70 minutes. Over the past decade, PSE&G has focused on upgrading and hardening our transmission facilities
Slide 11: Investments in New Jersey's energy infrastructure
Investments in New Jersey’s energy infrastructure PSE&G plans to invest $21 billion to $24 billion of the state’s electric grid down to the street and from 2025 through 2029. neighborhood level. This will also assist with load growth from any new large energy users that This capital investment plan
Slide 12: Our carbon-free nuclear fleet
Our carbon-free nuclear fleet For almost 50 years, PSEG has operated nuclear Generating Station, Units 1 and 2, which, if approved, plants in southern New Jersey, providing millions of would extended their licenses from 2036 and 2040 New Jersey homes and businesses with safe, reliable, to 2056 and 2
Slide 13: Sustainability
Sustainability PSEG is proactive and thoughtful about understanding our relationship with the environment. We recognize that sustainability is critical to our work and meeting stakeholder needs as we aim to lower emissions, maintain or enhance the environment, care for our workforce and support our
Slide 14: Biodiversity and waste management
PSEG 14 Biodiversity and waste management We strive to protect the flora and fauna that call Monarch Habitat initiative, PSE&G has seeded 35 New Jersey home. Native species that rely on acres with pollinator-friendly plants, planted 1,250 New Jersey’s wetland areas include bog turtles, milkweed plan
Slide 15: Vegetation management
Vegetation management Trees that grow too close to power lines are Unlike high-voltage transmission lines, which unsafe and can cause power outages. That is are usually connected to large metal towers, why tree trimming is a critical part of reliability distribution lines can be found on utility pol
Slide 16: Energy Efficiency
Energy Efficiency The energy landscape is rapidly evolving with like equipment installation, technology services, a growing emphasis on energy efficiency. As and clean energy. Participants are expected to leaders in the energy sector, we are actively achieve approximately $4 billion in gross lifetim
Slide 17: Safety and security
Safety and security At PSEG, we value the health, safety and security of our workforce, customers and communities. We believe that safety excellence enables operational excellence. The safety and security of our employees and the public is our top priority. We take many measures to provide employees
Slide 18: Community involvement and corporate citizenship
Community involvement and corporate citizenship At PSEG, “Public Service” is not just a name, but communities we serve, which are the same a philosophy. We work to do right by our people, communities in which our employees live and work. the communities we serve and our planet. We partner with and s
Slide 19: Philanthropy
Philanthropy The PSEG Foundation works with a diverse network of thought leaders, community leaders and nonprofits to address barriers to environmental sustainability, social justice, equity and economic empowerment. In 2024, the PSEG Foundation awarded over $7.7 million to organizations working to
Slide 20: Supporting our workforce
PSEG 20 Supporting our workforce A dedicated workforce is essential for our our PSEG employees being union-affiliated, we business’ success. We recognize that each continue to train current workers and recruit employee is unique, bringing distinct value and new talent capable of meeting the challeng
Slide 21: Employee experience and engagement
Employee experience and engagement At PSEG, we treat people with dignity and talent— employees who have the right skills, respect, and we aim to do what’s right. We focus bring us new ideas and understand the needs on a strong safety culture and on doing work and perspectives of the communities we s
Slide 22: Resources
Resources Outage info If you apply for LIHEAP, you are also applying for Universal Service Fund (USF). When the power is out, customers want up-to You must re-apply every year and do not the minute information about when they can need to be behind on bills. Applications expect it to be restored. Tha
Slide 23: What does the future look like?
What does the future PSEG look like? 23 We are in transformational times. We’ve been powering people’s lives for more than 120 years, and customers today rely on us more than ever. From the baby monitor to the heart monitor. From the night light to the streetlight. To guide the future, PSEG works to
Slide 24: PSEG
PSEG 24 PUBLIC SERVICE ENTERPRISE GROUP, INCORPORATED 80 Park Plaza Newark, New Jersey 07102 pseg.com NOVEMBER 2025
Public Service Enterprise Group — Q1 2026 Earnings Presentation on 6ix