Statement on Nomination of Ron Binz as FERC Chairman, Ralph Izzo, PSEG chairman, CEO and president

    Statement on Nomination of Ron Binz as FERC Chairman, Ralph Izzo, PSEG
                         chairman, CEO and president

PR Newswire

NEWARK, N.J., June 27, 2013

NEWARK, N.J., June 27, 2013 /PRNewswire/ --The electric industry is
experiencing rapid change and technological advances and Ron Binz is a strong
and timely choice to lead FERC. Ron has both the experience and intellect to
hit the ground running and ensure thoughtful consideration of emerging
opportunities. In Colorado, he showed a willingness to work with diverse
groups and elected officials of both parties to develop and implement
commonsense legislation. His work on the Utilities 2020 project, as well as
his diverse experience as a regulator, consumer advocate and policy expert
will serve the country well as he leads FERC.

(Logo: http://photos.prnewswire.com/prnh/20120830/MM62627LOGO )

SOURCE Public Service Enterprise Group (PSEG)

Website: http://www.pseg.com
Contact: Paul Rosengren, 973-430-5911, Paul.Rosengren@pseg.com