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0.000570287995437785 0.000142571998859497 -0.00185343598517245 -0.00199600798403194 -0.00727117194183049 -0.00812660393498707 -0.00762760193897914 -0.00769888793840878
Stock impact report

PSEG Long Island Honored for Implementing a Customer-Centric Modern Rate Initiative [Yahoo! Finance]

Public Service Enterprise Group Incorporated (PEG) 
Last public service enterprise group incorporated earnings: 2/26 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.pseg.com
Company Research Source: Yahoo! Finance
FORT WORTH, Texas, May 02, 2024 BUSINESS WIRE PSEG Long Island , which provides electricity to 1.2 million customers in the state of New York, today received the CS Week Expanding Excellence Award for Innovation in Digital Engagement . The award recognizes PSEG Long Island for its highly successful rate modernization effort, which saw the utility lower customer bills by an average of 10 percent and shift 4-5 percent of electricity load out of the peak. By taking a research-driven approach and employing a range of personalized marketing initiatives, PSEG Long Island enrolled more than 14,000 customers in Time-of-Use (TOU) rates, more than double the original target. The success of the program led their governing authority, the Long Island Power Authority (LIPA), to move forward with a full-scale TOU rollout to all 1.2 million PSEG Long Island customers starting in 2024. "Modern rate structures like Time-of-Use are becoming a priority to manage an increasingly complex grid, maximize Show less Read more
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