Core Viewpoint - The Federal Energy Regulatory Commission (FERC) has rejected a proposed settlement that would have unfairly allocated transmission costs to PSE&G customers, resulting in significant savings for them [1][2]. Group 1: FERC Decision and Customer Impact - FERC's order found that the proposed settlement would disproportionately shift transmission project costs, which would have imposed unfair burdens on PSE&G customers [1][2]. - PSE&G was the only electric utility in PJM to oppose the settlement, arguing it was unjust and unsupported by evidence, a stance that FERC ultimately supported [2]. - The rejection of the settlement is expected to save PSE&G customers hundreds of millions of dollars, with an estimated refund of approximately $100 million for the years 2020, 2021, and 2022 alone [3][4]. Group 2: Company Commitment and Reliability - PSE&G emphasizes its commitment to protecting customers from unfair costs and maintaining low energy prices while ensuring high reliability in service [3][5]. - The company has been recognized for its reliability, winning the ReliabilityOne® Award for 24 consecutive years and ranking number one in customer satisfaction for residential electric service in the East among large utilities [6].