Who Owns PSEG Long Island?
PSEG Long Island is the operating brand under which Public Service Enterprise Group (NYSE: PEG) runs the Long Island electric transmission and distribution system under contract for the Long Island Power Authority, serving about 1.1 million customers in Nassau and Suffolk counties.
PSEG Long Island Timeline
United StatesOfficial Website
Who Owns PSEG Long Island?
- Parent Company: PSEG
- Ownership Type: Brand division
- Company Type: Privately Held
| Brand | Parent Company | Ownership Type |
|---|---|---|
| PSEG Long Island | PSEG | Brand division |
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History of PSEG Long Island
- Founded: 2014
- Founders: PSEG (contract operations)
PSEG took over Long Island's electric grid operations from National Grid in 2014 under a contract with LIPA, the state authority that owns the system. PSEG Long Island manages transmission, distribution, storm response, and customer service for roughly 1.1 million customers; the current contract runs through 2025 with a successor agreement negotiated afterward.
About PSEG
Public Service Enterprise Group, the Newark, New Jersey energy company operating the state's largest utility and nuclear fleet.
- Founded: 1903
- Headquarters: Newark, New Jersey, USA
- Company Type: Privately Held
Where Is PSEG Long Island Made / Based?
- Headquarters: Melville, New York, USA
PSEG Long Island Categories & Tags
Brands Owned by PSEG
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Frequently Asked Questions About PSEG Long Island
Sources & Further Reading
- PSEG Long Island �
- PSEG Company Page � /companies/pseg
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Competitors to PSEG Long Island
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Pseg | USA | 1903 | Mass market | United states | All Genders |
Learn More About Competitors
Competitive Analysis
Market Positioning: PSEG Long Island competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Independent Alternatives to PSEG Long Island
Looking for brands with different ownership structures? These similar brands are not owned by PSEG, giving you alternative choices that support different corporate structures.
Energy UtilitiesAdani Green Energy
Owned by Adani Group
Adani Green Energy Limited (AGEL) is India's largest renewable energy company by installed capacity, listed on the National Stock Exchange and BSE. It develops, builds, and operates solar and wind power plants across India.
renewable-energysolarwind
Privately Owned
Adani Green Energy is privately owned, unlike PSEG Long Island which is under a publicly traded parent company.
Energy UtilitiesAdani Power
Owned by Adani Group
India's largest private thermal power producer, operating approximately 17,550 megawatts of installed capacity across eight states, listed on NSE and BSE.
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Adani Power is privately owned, unlike PSEG Long Island which is under a publicly traded parent company.
Energy UtilitiesCenex
Owned by CHS Inc.
American fuel, lubricant, and convenience store brand owned by CHS Inc., the nation's largest farmer-owned cooperative, operating roughly 1,400 locations across 19 states.
fuelgas-stationsconvenience-stores
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Cenex is privately owned, unlike PSEG Long Island which is under a publicly traded parent company.
Energy UtilitiesJSW Energy
Owned by JSW Group
JSW Energy Limited is an Indian independent power producer and subsidiary of JSW Group, operating thermal, hydro, solar, and wind assets with over 10 GW of installed capacity and a target of 30 GW by 2030.
renewable-energysolarwind
Privately Owned
JSW Energy is privately owned, unlike PSEG Long Island which is under a publicly traded parent company.
Energy UtilitiesCon Edison
Owned by Consolidated Edison, Inc.
Consumer-facing brand of Consolidated Edison, Inc., the regulated utility delivering electricity, gas, and steam to New York City and Westchester County.
utilityelectricitynatural-gas
Publicly Traded
Con Edison operates independently without a large parent corporation.
Energy UtilitiesDTE Energy
Owned by DTE Energy Company
Master brand of DTE Energy Company, the Detroit-based NYSE-listed utility serving millions of Michigan customers through DTE Electric and DTE Gas.
utilityelectricitynatural-gas
Publicly Traded
DTE Energy operates independently without a large parent corporation.
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