BNET Industries

Last Fiscal Year Sales:$8.4B
- Public
- US
Dow Jones Description
Electric & Gas Utility
President
Ralph LarossaContact Information
Corporate Accounting Services
80 Park Plaza, 9th Floor
Newark, New Jersey 07102-4194
973-430-7000
Peer Companies
NAICS Code Other Electric Power Generation: 221119
News & Analysis
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public service electric & gas co. - All News and Analysis
Public Service Electric & Gas to Expand Deployment of Itron Automatic Meter Reading Technology; PSE&G Will Automate 300,000 Gas Meters and Pilot Itron Fixed Network Technology
SPOKANE, Wash. -- Itron Inc. (NASDAQ:ITRI) announced today a contract with Public Service Electric & Gas (PSE&G), headquartered in Newark, New Jersey, to deliver a total of 300,000 automatic meter reading AMR modules for PSE&G's natural gas meters through the end of 2006. Itron will deliver 120,000 AMR modules...
Fitch Rates Public Service Electric & Gas MTNs 'A'
NEW YORK -- Fitch Ratings has assigned an 'A' rating to Public Service Electric and Gas Company's (PSE&G) $250 million issue of 5.25% secured medium-term notes maturing July 1, 2035. Proceeds from the sale will be used for the repayment of $125 million of 9 1/8% series BB first and...
Public Service Electric & Gas Secured MTNs Rated 'A' by Fitch
NEW YORK -- Fitch Ratings has assigned an 'A' rating to Public Service Electric and Gas Company's (PSE&G) $250 million issue of secured medium term notes series D maturing August 15, 2014. Proceeds will be used for the repayment of $250 million of first and refunding mortgage bonds that have...
Public Service Electric & Gas FMBs Rated 'A' by Fitch
NEW YORK -- Fitch Ratings has assigned an 'A' rating to Public Service Electric and Gas Company's (PSE&G) $175 million issue of first and refunding mortgage bonds, floating rate series A maturing June 2006. Proceeds will be used for the repayment of $159 million of first and refunding mortgage bonds...
Public Service Electric & Gas.
* Public Service Electric & Gas, CMI Plastics and Royal Lubricants were among the recipients of the 1999 New Jersey Governor's awards for safety performance and continued excellence. The awards were celebrated at the National Safety Council's Mid-Atlantic Safety Expo 2000, held in Atlantic City, NJ,...
New Jersey's Public Service Electric & Gas Releases Emissions Data.
Knight Ridder/Tribune Business News Jun. 3 -- New Jersey's largest power company is once again positioning itself for a bruising battle with rivals in other states about the pollution coming out of their smokestacks. Public Service Electric & Gas -- a relatively...
New Jersey Regulators Order Public Service Electric & Gas to Cut Rates.
Knight Ridder/Tribune Business News Apr. 22 -- In a decision that will reshape the way 2 million customers buy electricity in New Jersey, the state yesterday adopted a deregulation plan that will eventually slice nearly 20 percent off the bills paid by customers of...
New Jersey Regulators Delay Decision on Public Service Electric & Gas Co..
Knight Ridder/Tribune Business News Apr. 15 -- One more week. That's all it needs to restructure the rates New Jersey's largest electricity company will charge 2 million customers once energy deregulation starts Aug. 1. The state's Board of Public Utilities, which was...
New Jersey's Public Service Electric & Gas to Expand Repair Service.
Knight Ridder/Tribune Business News Jul. 30--Public Service Electric and Gas Co. on Saturday will expand its growing in-home repair business despite strong opposition from a coalition of small, independent contractors. But the Board of Examiners of Master Plumbers has turned down, at least...
Economic development: Public Service Electric & Gas
Headed by Timothy R. Comerford, manager of area development, the PSE&G team, with the powerful backing of its parent company. the $6-billion Public Service Enterprise Group, has the clout and the expertise to assist companies m a variety of endeavors from finding an appropriate site to talking advantage of tax...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Ralph Larossa | President |
| Ralph Izzo | COO |
| Robert E. Busch | CFO & Senior Vice President, Finance |
| Thomas M. O'Flynn | Executive Vice President |
| R. Edwin Selover | General Counsel & Senior Vice President |
| Frances I. Sundheim | Vice President Â?? Corporate Rate Counsel |
| Frederick W. Lark | Vice President Â?? Business Analysis |
| Harold W Borden | Vice President |
| John R. Latka | Vice President Â?? Electric Operations |
| Jorge L. Cardenas | Vice President Â?? Gas Operations |
| Joseph A. Forline | Vice President Â?? Customer Operations |
| Morton A. Plawner | Vice President & Treasurer |
| Patricia A. Rado | Vice President & Controller |
| Rodney L. Dickens | Vice President Â?? Asset Management and Centralized Services |
| Susan Hogan | Manager Supply & Development |
| Edward J. Biggins | Secretary |
| Organization | Position | Status |
|---|---|---|
| Public Service Enterprise Group Incorporated | President & COO | Current |
| Public Service Electric & Gas Co. | President | Current |
| Montclair State University | Member, Board of Trustees | Current |
| Bergen County's United Way | Director | Current |
| Public Service Enterprise Group Incorporated | Board of Directors | Current |
| Public Service Electric & Gas Co. | Coo | Former |
| Stevens Institute of Technology | Bachelor of Engineering Degree In Industrial Engineering | Former |
| Public Service Enterprise Group Incorporated | Associate Engineer | Former |
| Organization | Position | Status |
|---|---|---|
| Public Service Electric & Gas Co. | COO | Current |
| Organization | Position | Status |
|---|---|---|
| Public Service Electric & Gas Co. | CFO & Senior Vice President, Finance | Current |
| PSEG Services Corp. | President & Coo | Former |
Thomas M. O'Flynn was named executive vice president and chief financial officer for Public Service Enterprise Group Incorporated (PSEG), in July 2001. He is also the chief financial officer of Public Service Electric and Gas Company (PSE&G), PSEG Power (Power), and PSEG Energy Holdings (Holdings). Mr. O'Flynn had been president and chief operating officer of Holdings, overseeing the operations of its two main subsidiaries: PSEG Global and PSEG Resources. Mr. O'Flynn is responsible for all financial functions as well as planning, strategy and development across PSEG, PSE&G and Power. Mr. O'Flynn came to PSEG with 15 years of experience at Morgan Stanley, where he specialized in corporate finance for electric and gas utility and power clients. As a managing director in Morgan Stanley's global power and utility group and head of the North American region, he worked with major energy companies on many strategic advisory and financing transactions; including mergers and acquisitions, IPO offerings and capital raising assignments. Also, while at Morgan Stanley he served as a financial advisor to PSEG, prior to becoming the managing director of Morgan Stanley's global power and utility group. Mr. O'Flynn holds a degree from Northwestern University in economics and a Master of Business Administration degree from the University of Chicago. He currently serves as the chairman of the finance executive advisory committee of the Edison Electric Institute (EEI) and also serves on the board of directors for Nuclear Electric Insurance Limited (NEIL), the New Jersey Performing Arts Center (NJPAC) and The Newark Museum.
| Organization | Position | Status |
|---|---|---|
| PSEG Power LLC | Chief Financial Officer | Current |
| PSEG Energy Holdings LLC | Chief Financial Officer | Current |
| Public Service Enterprise Group Incorporated | Executive Vice President | Current |
| Public Service Electric & Gas Co. | Executive Vice President | Current |
| Edison Electric Institute | Chairman | Current |
| PSEG Power LLC | Board of Directors | Current |
| Public Service Enterprise Group Incorporated | Chief Financial Officer | Former |
| PSEG Energy Holdings LLC | Executive Vice President & Manager | Former |
| Morgan Stanley | managing director | Former |
| PSEG Energy Holdings LLC | Board of Directors | Former |
| University of Chicago | Master of Business Administration degree | Former |
| Northwestern University | Degree | Former |
| Environmental Enterprises Inc. | member | Former |
R. Edwin Selover was named executive vice president and general counsel of Public Service Enterprise Group Incorporated (PSEG), in December 2006. He had been senior vice president and general counsel since April 2002, and vice president and general counsel since April 1988. In addition, Mr. Selover has been senior vice president and general counsel of Public Service Electric and Gas Company (PSE&G), since January 1988, and PSEG Services Corporation since November 1999 - both subsidiaries of PSEG. Mr. Selover joined PSEG as an attorney in 1972 and currently heads the law department, internal audit services and corporate public affairs, which includes corporate communications and advertising, state governmental affairs and federal affairs and policy. A native of Oklahoma, Mr. Selover served in the United States Army and graduated from Union College, Schenectady, New York. He also received his Doctor of Law degree from the University of Minnesota School of Law. Mr. Selover is a director/trustee for New Jersey Future and the New Jersey Conservation Foundation, and is on the advisory board of the Mid-Atlantic Legal Foundation.
| Organization | Position | Status |
|---|---|---|
| Public Service Enterprise Group Incorporated | Executive Vice President and General Counsel | Current |
| Public Service Electric & Gas Co. | General Counsel & Senior Vice President | Current |
| PSEG Energy Holdings LLC | Manager | Current |
| Public Service Enterprise Group Incorporated | Attorney | Current |
| PSEG Energy Holdings LLC | Board of Directors | Current |
| Public Service Enterprise Group Incorporated | Board of Directors | Current |
| Union College | Former |
| Organization | Position | Status |
|---|---|---|
| Public Service Electric & Gas Co. | Vice President Â?? Corporate Rate Counsel | Current |
| Rutgers School of Law | Juris Doctor Degree | Former |
| Fairleigh Dickinson University | Bachelor of Arts Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Public Service Electric & Gas Co. | Vice President Â?? Business Analysis | Current |
| Public Service Electric & Gas Co. | General Manager Â?? Rates and Market Planning | Former |
| Rutgers University | Master of Business Administration Degree | Former |
| Lehigh University | Bachelor of Science Degree In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Public Service Electric & Gas Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Public Service Electric & Gas Co. | Vice President Â?? Electric Operations | Current |
| Public Service Electric & Gas Co. | Director - Electric System Operations | Former |
| Tennessee Technological University | Bachelor’S Degree In Education | Former |
| Organization | Position | Status |
|---|---|---|
| Public Service Electric & Gas Co. | Vice President Â?? Gas Operations | Current |
| Public Service Electric & Gas Co. | Division Manager Â?? Gas Delivery | Former |
| Stevens Institute of Technology | Bachelor’S Degree In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Public Service Electric & Gas Co. | Vice President Â?? Customer Operations | Current |
Morton A. Plawner was named vice president of Public Service Enterprise Group Incorporated (PSEG), in December 2006. He retained the position of treasurer of PSEG, which he has held since 1998. Mr. Plawner has also been vice president and treasurer of Public Service Electric and Gas Company (PSE&G), since 1998. In 1999 he was elected vice president and treasurer of PSEG Power. Mr. Plawner joined PSE&G in 1969 as an assistant engineer in the electric division. He held various positions in the treasurer’s department before being named manager – financial research in 1976. In that capacity he assumed the responsibility for the development and operations of the tactical and strategic corporate modeling programs. Mr. Plawner actively participated in the company’s rate case proceedings in the 1970’s and 80’s, and served on the strategic planning task force in 1985-86. In 1989 he was named risk manager, and became general manager – property and risk management in 1994. Mr. Plawner graduated from the City College of New York with a Bachelor of Engineering degree in mechanical engineering and from Rutgers University with a Master of Business Administration degree. He earned the designation of associate in risk management from the Insurance Institute of America in 1992 and completed the advancement program at Duke University in 1994. He is an elected member of the Tau Beta Pi Association. Mr. Plawner has also been a member of the insurance advisory committees of Nuclear Mutual Limited (NML) and Nuclear Electric Insurance Limited (NEIL), which are the nuclear industry mutual insurance companies.
| Organization | Position | Status |
|---|---|---|
| Public Service Electric & Gas Co. | Vice President & Treasurer | Current |
| Public Service Enterprise Group Incorporated | Treasurer | Current |
| Public Service Enterprise Group Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Public Service Enterprise Group Incorporated | Vice President & Controller | Current |
| PSEG Energy Holdings LLC | Controller & Vice President | Current |
| Public Service Electric & Gas Co. | Vice President & Controller | Current |
| Public Service Enterprise Group Incorporated | Board of Directors | Current |
| University of Missouri-Columbia | Professor of Medicine and Oncology | Former |
| Organization | Position | Status |
|---|---|---|
| Public Service Electric & Gas Co. | Vice President Â?? Asset Management and Centralized Services | Current |
| Public Service Electric & Gas Co. | Director, Asset Management | Former |
| Rutgers Graduate School of Management | Master of Business Administration Degree | Former |
| New Jersey Institute of Technology | Bachelor of Science Degree In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Public Service Electric & Gas Co. | Manager Supply & Development | Current |
| Public Service Enterprise Group Incorporated | Development Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Public Service Electric & Gas Co. | Secretary | Current |
Executive News
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PSE&G Proposes to Lower Winter Natural Gas Bills 7 Percent
-
Allegheny Energy names Rodney Dickens President of its electric delivery co., Allegheny Power - Quick Facts
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Allegheny Energy Announces Executive Appointment
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