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PSEG Q2 Electricity Sales Rise 2%, Up 3% in H1

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New Jersey's Public Service Enterprise Group (PEG) said Tuesday that its Q2 2026 total electricity sales rose 2% from the year-earlier quarter to 9,629 million kilowatt-hours. For the first six months of 2026, electricity sales increased 3% to 20,000 million kWh.

Residential electricity sales climbed 3% in the quarter ended June 30 to 3,242 million kWh, while commercial and industrial sales rose 1% to 6,316 million kWh. Other electricity sales increased 16% to 71 million kWh.

For the first half of the year, residential electricity sales rose 5% to 6,732 million kWh, commercial and industrial sales increased 2% to 13,100 million kWh, and other sales gained 4% to 168 million kWh.

Total natural gas sales jumped 23% in the second quarter to 541 million therms. First-half gas sales rose 3% to 2,005 million therms.

Residential firm gas sales declined 4% during the quarter to 188 million therms, although first-half volumes increased 4% to 980 million therms. Commercial and industrial firm sales rose 1% in the quarter to 163 million therms and increased 3% to 674 million therms for the first half.

Non-firm gas sales fell 45% in the second quarter to 190 million therms and were down 26% for the first six months of the year at 351 million therms.

Nuclear generation in New Jersey increased to 4,952 gigawatt-hours in the second quarter from 4,670 GWh a year earlier. However, first-half output edged down to 10,044 GWh from 10,134 GWh in the same period of 2025.

In Pennsylvania, second-quarter nuclear generation slipped slightly to 2,835 GWh from 2,841 GWh a year earlier, while first-half generation was unchanged at 5,732 GWh.

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