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[22] [23] PSE&G is the largest provider of gas and electric service, servicing 1.8 million gas customers and 2.2 million electric customers in more than 300 urban, suburban and rural communities, including New Jersey's six largest cities. PSEG's transmission line voltages are 500 kilovolts (kV), 345 kV, 230 kV and 138 kV with interconnections ...
It is owned by PSEG Nuclear LLC and Constellation Energy. In 2019, New Jersey began providing the state's nuclear plants Zero-Emission Certificates worth $300 million a year to keep them in service. The subsidy was ended in 2024, effective June 1, 2025, as the Inflation Reduction Act provides alternative tax credits to support clean energy. [2]
Kearny Generating Station is a peaking power plant on the banks of the Riverbend of the Hackensack River in South Kearny, New Jersey.Owned and operated by Public Service Electric and Gas Company (PSEG) the power station consists of 10 simple cycle combustion turbines totaling 456 MW.
Hope Creek is one of three licensed nuclear power reactors in New Jersey. The others are the two units at the adjacent Salem plant. [5] As of January 1, 2005, New Jersey ranked 10th among the 31 states with nuclear capacity for total MWe generated. In 2021, nuclear plants generated 45% of the electricity in the state. [6]
This is a list of electricity-generating power stations in the U.S. state of New Jersey, sorted by type and name. In 2022, New Jersey had a total summer capacity of 16,712 MW through all of its power plants, and a net generation of 65,060 GWh. [ 2 ]
PSE&G filed a proposal with the NJ Board of Public Utilities which, if approved, could lower gas bills for residential customers by more than 6%
The department of transportation formed a new company, New Jersey Transit, in 1979. It began to buy up bus companies, and purchased Transport of New Jersey in 1980. This ended PSE&G's role as a transportation provider, and it became exclusively an energy utility. In 1985, a new holding company, Public Service Enterprise Group, Inc. formed.
The company formed the United Electric Company of New Jersey in 1899. United Electric consolidated several electric and lighting utilities into a single holding company. [3] Public Service Corporation of New Jersey took over United Electric in 1907. [4] [5] United Electric was ultimately merged into Public Service Enterprise Group.