Is PSE&G regulated?
Asked a year ago
Yes, Public Service Electric & Gas (PSE&G) is a regulated utility company. As a utility, PSE&G operates under the oversight and regulation of various federal and state agencies. The New Jersey Board of Public Utilities (NJBPU) is responsible for regulating and overseeing PSE&G's rates, services, and operations to ensure fair and reliable energy delivery to its customers. PSE&G's rates, investments, and policies are subject to review and approval by the NJBPU to protect the interests of the public. This regulation ensures that PSE&G operates in a transparent manner, providing safe, affordable, and dependable electricity and gas services to its customers while maintaining compliance with the applicable regulations and standards.
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