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HomeNovember 2, 2012

PSEG Execs Maintain BGS Migration Forecast

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Copyright 2012 EnergyChoiceMatters.com.

Electric customer migration away from Basic Generation Service was relatively flat at PSE&G during the three months ended September 30, 2012, executives reported on an earnings call.

Customer migration was 37% of BGS volumes during the quarter, which was less than expected by PSEG, and also slightly less than the 38% level experienced in the second quarter.

PSEG continues to expect full-year migration of between 36% and 40% of total BGS load.

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PSEG Execs Maintain BGS Migration Forecast | EnergyChoiceMatters.com