Utilities
PEG's Q2 FY2026 earnings declined sharply due to rising operating expenses, though operating cash flow improved and regulatory developments created a mixed outlook.
Key risk: Potential Loss of RTO Membership ROE Adder
New legislation requiring membership in an RTO effective January 1, 2027, could lead to the loss of a 50-basis-point ROE adder for PSE&G, reducing annual net income and cash inflows by approximately $40 million.
Other Electric Utilities companies