PSE&G expects USD 100 million refunds after FERC rejects PJM transmission cost settlement

Reuters
03/18
PSE&G expects USD 100 million refunds after FERC rejects PJM transmission cost settlement

PSE&G said FERC rejected a proposed PJM settlement that would have shifted transmission costs to its customers. PSE&G estimates refunds of about 100 million for 2020-2022 following the order. PSE&G said FERC directed PJM to recalculate cost assignments back to 2015, which it expects to increase the refund amount.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PSEG - Public Service Enterprise Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY12637) on March 17, 2026, and is solely responsible for the information contained therein.

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