PSEG: In the Near Term
Proven ability to deliver on earnings expectations
Attractive business mix – regulated and competitive
Stable wholesale energy business with low-cost nuclear and coal generation assets
Significant upside potential with improved capacity markets
Solid delivery business – restructuring completed
Strong cash flow that provides opportunity for earnings growth
Significant reduction in business and financial risk
Our Conservative Management Philosophy and ….
…Provide a solid foundation in an over-built market to achieve meaningful long-term growth rates