Detours are an inevitable byproduct of a critical project that’s gearing up again this spring. PSE&G is speeding up the replacement of its aging gas infrastructure, which means our crews will be in 139 towns digging in streets and replacing pipes this year alone.
It’s easy to take things we don’t see for granted – like the gas pipes in our home. I’m sure like many other homeowners, I never thought much about what was going on behind my walls. I had gas service, so everything was surely fine, right? I couldn’t have been more wrong.
At first glance, Swamp Pink, a member of the lily family, the Golden-winged Warbler, a small migratory bird, and the Frosted Elfin, a butterfly native to North America, couldn’t be less alike. Yet despite their obvious differences, they all have something in common; all three are threatened or endangered species in New Jersey with habitats on and around the nearly 1,000 miles of transmission rights-of-way (ROWs) that PSE&G owns and maintains in New Jersey. They have lots of company, too, as some 131 other threatened or endangered species make their homes on or near our ROWs.
You may have seen dramatic TV coverage of manhole covers popping off in the street and hurdling through the air. While rare in our service area, manhole covers sometimes become dislodged. The root cause varies; however, these incidents all have two ingredients: combustible fumes and an ignition source.
This year, PSEG joined a very small, elite circle of publicly traded companies by providing a dividend to its shareholders for the 110th consecutive year.
That milestone, which members of PSEG’s finance team and I were proud to commemorate during a bell-ringing ceremony at the New York Stock Exchange, reflects our company’s long record of reliability – to our customers, to our employees and, of course, to our shareholders. Continue reading