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Company: Public Service Electric & Gas Company
Current Parent Company:
Public Service Enterprise
Parent at the Time of the Penalty Announcement:
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Penalty: $6,600,000
Year: 2024
Date: December 5, 2024
Offense Group: competition-related offenses
Primary Offense: energy market violation
Violation Description: Public Service Electric and Gas Company was fined by FERC for failing to fully and accurately provide information to PJM Interconnection, LLC beginning on September 1, 2017 and leading up to April 10, 2018 in connection with a request for approval of a $546 million transmission project under PJM's Regional Transmission Expansion Plan process.
Level of Government: federal
Action Type: agency action
Agency: Federal Energy Regulatory Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New Jersey
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: utilities and power generation
Specific Industry of Current Parent: utilities
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.