UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 21, 2012
PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED
(Exact name of registrant as specified in its charter)
New Jersey | 001-09120 | 22-2625848 | ||
(State or other jurisdiction | (Commission | (I.R.S. Employer | ||
of incorporation) | File Number) | Identification No.) |
80 Park Plaza, P.O. Box 1171
Newark, New Jersey 07101-1171
(Address of principal executive offices) (Zip Code)
973-430-7000
(Registrants telephone number, including area code)
http://www.pseg.com
PSEG POWER LLC
(Exact name of registrant as specified in its charter)
Delaware | 001-34232 | 22-3663480 | ||
(State or other jurisdiction | (Commission | (I.R.S. Employer | ||
of incorporation) | File Number) | Identification No.) |
80 Park Plaza, T-25
Newark, New Jersey 07102-4194
(Address of principal executive offices) (Zip Code)
973-430-7000
(Registrants telephone number, including area code)
http://www.pseg.com
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
The information contained in Item 7.01 Regulation FD Disclosure in this combined Form 8-K is separately furnished, as noted, by Public Service Enterprise Group Incorporated (PSEG) and PSEG Power LLC (Power). Information contained herein relating to any individual company is provided by such company on its own behalf and in connection with its respective Form 8-K. Power makes representations only as to itself and makes no other representations whatsoever as to any other company.
Item 7.01 Regulation FD Disclosure
PSEG and Power
On May 21, 2012, PSEG is meeting with investors. The attachment which is furnished as Exhibit 99 to this Form 8-K represents updated information previously furnished on Form 8-K and available on our website www.pseg.com.
Item 9.01 Financial Statements and Exhibits
Exhibit 99. Selected presentation material updating information previously furnished on Form 8-K.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. The signature of the undersigned company shall be deemed to relate only to matters having reference to such company and any subsidiaries thereof.
PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED (Registrant) | ||
By: | /s/ DEREK M. DIRISIO | |
Derek M. DiRisio | ||
Vice President and Controller (Principal Accounting Officer) |
Date: May 21, 2012
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. The signature of the undersigned company shall be deemed to relate only to matters having reference to such company and any subsidiaries thereof.
PSEG POWER LLC | ||
(Registrant) | ||
By: | /s/ DEREK M. DIRISIO | |
Derek M. DiRisio | ||
Vice President and Controller (Principal Accounting Officer) |
Date: May 21, 2012
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![]() $/MW-day
2011 / 2012
2012 / 2013
2013 / 2014
2014 / 2015
2015 / 2016
Powers
Average Prices
$110
$153
$244
$162
$167
Rest of Pool Prices
$110
$16
$28
$126
$136
PSEG Power Cleared Approximately 9,000 MW
No New PSEG Power Generation Cleared the Auction
Preserving Optionality of HEDD Sites
2015/2016 RPM Auction Influenced By:
Updated Demand Curve
Updated Transfer Capabilities
Environmental Retirements
New Build
Below MOPR Bids
The Reliability Pricing Model has recognized the
locational value of Powers generating fleet with
sites in the eastern part of PJM
PJM Cleared Approximately 4,900 MW of New Generation
EXHIBIT 99 |