PSEG Is Investing $1 Billion in Solar

Mar 16, 2016, 09:00 ET from Public Service Enterprise Group

NEWARK, N.J., March 16, 2016 /PRNewswire/ -- People haven't thought of PSEG as a solar company, but to a growing extent, it is. There isn't a cleaner or more inexhaustible power source and we recognize how critical it is to meet the demand for cleaner energy. 

So we are following Thomas Edison's advice and have invested more than $1 billion over the last seven years in solar technology – yielding a rich and growing harvest of green energy and jobs on the path to a more sustainable future. The company has dedicated the largest part of this investment to develop or help finance solar installations in New Jersey. PSEG's efforts are playing an important role in helping the Garden State achieve its renewable energy goals – benefiting all of our customers, creating jobs and growing a new industry.

Check out the latest Energize! blog post which details how PSEG is putting its money on solar.

Public Service Enterprise Group (NYSE: PEG) is a publicly traded diversified energy company with annual revenues of $10.4 billion. Its operating subsidiaries are: Public Service Electric and Gas Company (PSE&G), PSEG Power, and PSEG Long Island.

Visit PSEG at: www.pseg.com PSEG on Facebook PSEG on Twitter PSEG on LinkedIn PSEG blog, Energize!

Want to know what's new at PSEG? Go to www.pseg.com/getnews and sign up to have our press releases sent right to your inbox.

Photo - http://photos.prnewswire.com/prnh/20160315/344516 Logo - http://photos.prnewswire.com/prnh/20120830/MM62627LOGO

SOURCE Public Service Enterprise Group



RELATED LINKS

https://www.pseg.com