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Public Service Enterprise Group Inc. Message Board

  • hold_upright hold_upright Mar 29, 2012 10:49 AM Flag

    Stay Low Until After Tomorrow

    My DRIP will benefit - more shares to be had!

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      March 29, 2012

      Susquehanna-Roseland Power Line Takes Major Step Forward

      National Park Service Agrees with PSE&G, PPL on Route

      The National Park Service selection of the route preferred by Public Service Electric and Gas Co. (PSE&G) and PPL Electric Utilities Corp. – a route already approved by utility regulators – is a major step forward for the Susquehanna-Roseland project, a regional power line that will have significant benefits for millions of electricity users.

      PSE&G and PPL are building the transmission line to improve electric service in the Northeast. It will prevent overloads on other power lines. The park service selection of the utilities’ route as the NPS Preferred Alternative, part of the ongoing Environmental Impact Statement process, is a significant milestone for the project.

      “We commend the National Park Service for its very thorough review, and for concluding that our proposed route provides the most appropriate balance of meeting society’s energy needs while minimizing impacts to federal lands,” said Ralph LaRossa, president and chief operating officer of PSE&G, and Gregory N. Dudkin, president of PPL Electric Utilities, in a joint statement.

    • Yes ...hold_upright....PEG's dividends are calculated a few days before the end of the quarter. Then usually show up in your account a few days after the new month.

      P.S. Go OBAMA !!!!

    • I've found that the DRIP buys 2 days before to account for settlement. So you get a price based on today's range.

41.890.00(0.00%)Feb 12 4:04 PMEST