PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) Risk Factors

UtilitiesLatest 10-K filed Feb 26, 2026Source: SEC EDGAR

WealthWire extracted and classified 34 risk factors from PUBLIC SERVICE ENTERPRISE GROUP INC’s latest SEC filing, mapping each to a standardized risk taxonomy so they can be compared across every company and sector. The breakdown below shows how those disclosures distribute across risk categories.

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that PUBLIC SERVICE ENTERPRISE GROUP INC surfaced in its latest filing.

  • PSEG Power sells wholesale natural gas to PSE&G under a full-requirements BGSS contract extended to March 31, 2027, and thereafter remains in effect unless terminated with two-year notice.March 31, 2027
  • PSEG LI has an OSA with LIPA to operate LIPA's electric T&D system in Long Island, recently extended through 2030.2030
  • PSE&G's base rates were most recently approved in October 2024.October 2024
  • In April 2021, FERC issued a supplemental notice of proposed rulemaking to eliminate the RTO membership incentive for transmitting utilities.April 2021
  • PSE&G began receiving a 50 basis point adder for RTO membership in 2008.2008
  • In December 2025, all of PSEG’s operating companies with MBR authority filed at FERC for acceptance of their updated triennial market power analysis, which remains pending.December 2025
  • Salem 1, Salem 2, and Hope Creek nuclear plants were awarded ZECs by the BPU through May 2025.May 2025
  • The IRA established a PTC for nuclear generation beginning January 1, 2024 through 2032.January 1, 2024
  • PJM’s regional load forecast has increased significantly over the past few years, and in January 2026 PJM provided an annual update reflecting continued expectations of large customer growth.January 2026
  • PSEG Power may be subject to retroactive assessments under the Price-Anderson Act from an industry nuclear incident.
  • PSEG Power retained ownership of certain liabilities excluded from the sale of its fossil generation portfolio, primarily remediation obligations under the New Jersey Industrial Site Recovery Act and the Connecticut Transfer Act.
  • FERC proposed eliminating transmission rate incentives, including the RTO membership incentive PSE&G receives.
  • FERC Order 1000 opened transmission development to competition from independent developers.
  • The Clean Energy Future – Energy Efficiency II Program includes nearly $1 billion of funding.

Go deeper on PEG

This page shows the category breakdown of the latest filing. The WealthWire API and dashboard add the full risk-factor text, multi-year trends, sector comparisons, and CSV export — for PEG and every other S&P 500 company.