PSEG(US:PEG)2025-04-30 13:22Financial Performance - PSEG's Q1 2025 net income was $1.18 per share[13] - PSEG's Q1 2025 non-GAAP operating earnings were $1.43 per share[13] - PSEG maintains its 2025 non-GAAP operating earnings guidance of $3.94 - $4.06 per share, representing approximately a 9% increase at the midpoint over 2024 results[16] - PSEG's long-term non-GAAP earnings growth outlook is 5%-7%, based on the midpoint of the 2025 guidance range[19] Capital Investment and Dividends - PSE&G invested approximately $0.8 billion in Q1 2025[13,31] - PSE&G's full-year capital spending plan is approximately $3.8 billion[13,31] - PSE&G commenced a Clean Energy Future - Energy Efficiency II Program (CEF-EE II), representing approximately $2.9 billion in approved spending over a six-year period[13,31] - The indicative 2025 annual common dividend increased by 5% to $2.52 per share[13,16] - PSEG's total capital program is projected to be $22.5 billion - $26 billion for 2025-2029, with over 90% from regulated activities[19] PSE&G Operations - Residential electric and gas customer count each grew by approximately 1% for the trailing 12 months ended March 31, 2025[31] - PSE&G replaced approximately 48 miles of gas main and approximately 5,080 associated gas services in Q1 2025[31] PSEG Power & Other - PSEG Nuclear achieved a capacity factor of 99.9% for Q1 2025[13,32]