PEG · 8-K · 20261106PR451864

Regulated Capital Investment Plan

PUBLIC SERVICE ENTERPRISE GROUP INC · 2026-11-06 · Importance 69 · Surprise 50 · No source text

PSEG raised its 2026–2030 regulated capital investment plan to $22.5 billion–$25.5 billion, approximately $1.5 billion above the prior plan. The plan focuses on system modernization, “Last Mile” reliability, energy efficiency, clean energy, and growing customer demand. Its lower investment range includes extensions of the Gas System Modernization Program and Clean Energy Future–Energy Efficiency programs; additional investment could support gas and electric modernization, storage, electric vehicles, load growth, and solar.

Key facts

• PSEG’s 2026–2030 capital program totals $24B–$28B, with more than 90% in regulated investments, focused largely on system replacement. source
• PSEG's regulated capital investment plan increased by approximately $1.5 billion to $22.5-$25.5 billion for 2026-2030, from $21-$24 billion for 2025-2029. source
• PSEG's robust, low-risk 5-year regulated capital plan is $22.5-$25.5 billion. source
• PSEG's 5-year regulated capital investment plan was updated to $22.5-$25.5 billion for 2026-2030, and its total capital plan is $24-$28 billion. source
• PSE&G's 2026-2030 regulated 5-year capital investment plan is $22.5-$25.5 billion. source
• PSEG targets rate base CAGR of 6%–7.5% over 2026–2030. source
• PSE&G's rate base is projected to grow at a 6%-7.5% CAGR, driven by an expanded regulated capital investment program and a rate base at year-end 2025 approximately 7% higher than at year-end 2024. source
• PSE&G's projected rate base CAGR is 6%-7.5% for each of the 2024-2028, 2025-2029, and 2026-2030 investment periods. source

Impact estimates