PSE&G 2011 Annual Report Download

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We have the energy to make things better.
[... for you, for our communities and for our future. ]
Annual Report 2011

Table of contents

  • Page 1
    We have the energy to make things better. [ ...for you, for our communities and for our future. ] Annual Report 2011

  • Page 2
    ...08 -10 -12 -4 2011 $ 11,079 $ $ $ 1,407 1,389 1,503 2010 $ 11,793 $ $ $ 1,557 1,584 1,564 % change -6 -10 -12 -4 Weighted average common stock shares outstanding (thousands) Diluted Dividends Paid per Share Book Value per Share - Year-end Market Price per Share - Year-end Total Assets $ $ $ 506,982...

  • Page 3
    ...sheet, our disciplined investment program and practice of returning cash to shareholders provide a sustainable growth-and-value proposition and will help us weather the industry-wide effects of lower power prices. Building on a Decade of Reliability Leadership PSE&G, our New Jersey electric and gas...

  • Page 4
    ... strong labor-management relations. In 2011, PSE&G successfully negotiated a new contract with customer operations employees that preserves jobs while helping us become more efficient. Also, we further reduced risk by selling non-core assets. In 2011, we completed the sale of our Texas generating...

  • Page 5
    ... that will help maintain and improve reliability for our customers, create jobs and bolster New Jersey's economy. Among these is the Susquehanna to Roseland (S-R) line, which pending necessary approvals, we are building in conjunction with PPL Energy. In 2011, the S-R line was placed on a list of...

  • Page 6
    ... and Hudson coal-fueled stations. These projects created 1,600 construction jobs and enabled us to add full-time positions. The plants are now two of the cleanest coal-fueled power plants in America. We are building a total of 400 megawatts of new peaking generation in New Jersey and Connecticut. We...

  • Page 7
    ...Newark, New Jersey, on Tuesday, April 17, 2012 at 1 p.m. Stockholder Services Please include your Investor ID number in any inquiry you may have about stock transfer, dividends, dividend reinvestment, direct deposit, missing or lost certificates, change of address requests, or for any other account...

  • Page 8
    ... Service Enterprise Group Incorporated 80 Park Plaza Newark, NJ 07102 973.430.7000 [ www.pseg.com ] Jeff Graham, senior test engineer - PSEG Fossil, and daughter Emma grace the cover of this annual report. Proud of his 22 years with PSEG, Jeff represents our company's greatest, most valuable asset...