PUBLIC SERVICE ELECTRIC & GAS CO
For the period ended Mar 31, 2026. Filed May 5, 2026.
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Mar 31, 2026 · Filed May 5, 2026
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Capital Requirements
We expect that all of our capital requirements over the next three years will come from a combination of internally generated funds and external debt financing. There were no material changes to our projected capital expenditures as compared to amounts disclosed in our 2025 Form 10-K.
PSE&G
During the three months ended March 31, 2026, PSE&G made capital expenditures of $621 million, primarily for T&D system reliability. In addition, PSE&G had $47 million associated with the CEF-EE II on-bill repayment program included in investing cash flows, as well as cost of removal, net of salvage, of $36 million associated with capital replacements, and expenditures for EE programs of $128 million, which are included in operating cash flows.
During the three months ended March 31, 2026, PSEG Power & Other made capital expenditures of $66 million, excluding $6 million for nuclear fuel, primarily related to various nuclear projects at PSEG Power and various information technology projects at Services.
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