Regulation FD Disclosure Form 8 K

PSEG and PSE&G

PSE&G reached a settlement agreement with the staff of the New Jersey Board of Public Utilities (BPU), the New Jersey Division of Rate Counsel and other parties to conclude PSE&G's electric and gas distribution base rate case filed in December 2023. This settlement, if approved by the BPU at an upcoming meeting, provides for a $505 million increase in annual revenues, based on an unchanged 9.6% ROE and an increased 55% equity ratio.

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