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8-K - FORM 8-K - PUBLIC SERVICE ENTERPRISE GROUP INC | d77337d8k.htm |
EX-99 - EX-99 - PUBLIC SERVICE ENTERPRISE GROUP INC | d77337dex99.htm |
PSEG Year to Date 2015 Highlights Operating Earnings YTD up 6% to $2.41 per share from $2.27 for YTD 2014 PSE&G 2015 operating earnings guidance increased to $785 - $805 million, up from $760 - $775 million on expanded capital investment program and weather PSEG Power 2015 operating earnings guidance revised to $620 - $650 million, from $620 - $680 million Updated PSEG
2015 fullyear, operating earnings guidance to $2.85-$2.95 per
share, from $2.80-$2.95 per share prior and original 2015 guidance of
$2.75-$2.95 in February Executing on our capital
program GSMP settlement reached with BPU Staff and Division of Rate
Counsel to invest $905 million over 3 years beginning in
2016 Power announced $1.5 billion investment in 1,300 MWs of new CCGT
capacity at Keys Energy Center in Maryland and Sewaren 7 in New
Jersey Market developments
Constructive regulatory environment: PJM Capacity Performance Auctions,
FERC NOPR supportive on price formation
ReliabilityOne award recognized PSE&G as the most reliable electric utility in
the Mid-Atlantic region for the 14
th consecutive year 1 Exhibit 99.1 |
$2.58 $2.76 $2.85 - $2.95E Full-year 2015 guidance update reflects the strength of operating results for the
first nine months of the year, and assumes normal weather and
unit operations PSEG
2015 Another Year of Growth
Updated 2015 Earnings Guidance (July 2015)
$2.80 -
$2.95
Original 2015 Earnings Guidance (February 2015)
$2.75 -
$2.95
2
2013 Operating Earnings*
2014 Operating Earnings*
2015 Operating Earnings Guidance
* SEE SLIDE A FOR ITEMS EXCLUDED FROM INCOME FROM CONTINUING
OPERATIONS/ NET INCOME TO RECONCILE TO OPERATING
EARNINGS. E = ESTIMATE
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