PEG · 10-Q · 2026Q3 · Full report

Strategic Initiatives

PUBLIC SERVICE ENTERPRISE GROUP INC · 2026-11-02 · Importance 38 · Surprise 30

PSEG identifies potential long-term agreements to sell power, capacity, or emissions credits from its nuclear plants to customers seeking consistent carbon-free power. Its strategic options also include nuclear capacity uprates and license extensions, investments in generation and battery storage through solicitations or bilateral agreements, and participation in competitive regulated-transmission processes. These are options rather than committed projects, and PSEG cautions that execution and expected benefits are not assured.

Key facts

• PSEG regulated rate base increased from approximately $34 billion at December 31, 2024 to approximately $36 billion at December 31, 2025.
• Future federal or state tax law changes or guidance could materially affect PSEG's and PSE&G's effective tax rate, cash tax position, results, financial condition, and cash flows.