PEG · 8-K · 20260804PR331660

Customer Demand and Gas Sales

PUBLIC SERVICE ENTERPRISE GROUP INC · 2026-08-04 · Importance 21 · Surprise 48

PSE&G second-quarter electric sales increased 2% year over year to 9,629 million kilowatt-hours, with residential sales up 3% and commercial and industrial sales up 1%. Total gas sales declined 23% to 541 million therms, driven by a 45% decline in non-firm commercial and industrial sales to 190 million therms. Six-month electric sales increased 3% to 20,000 million kilowatt-hours, while six-month gas sales declined 3% to 2,005 million therms. Second-quarter temperature-humidity index hours increased 9% from the prior year, while actual heating degree days increased 23%.

Key facts

• Three months ended June 30, 2026 Non-firm commercial & industrial gas sales: 190 million therms (down 45% vs 2025); six months non-firm C&I sales: 351 million therms (down 26% vs 2025) source
• Three months ended June 30, 2026 Total gas sales: 541 million therms (down 23% vs 2025); six months total gas sales: 2,005 million therms (down 3% vs 2025) source
• PSE&G’s peak summer load: 10,446 MW on July 2 (highest in 14 years) source
• PSE&G serves approximately 2.4 million electric and 1.9 million natural gas customers source
• Three months ended June 30, 2026 PSE&G electric sales total 9,629 million kWh (up 2% vs 2025) and six months total 20,000 million kWh (up 3% vs 2025) source
• Three months ended June 30, 2026 Residential electric sales: 3,242 million kWh (up 3% vs 2025); six months: 6,732 million kWh (up 5% vs 2025) source
• Three months ended June 30, 2026 Firm residential gas sales: 188 million therms (down 4% vs 2025); six months residential firm sales: 980 million therms (up 4% vs 2025) source