Public Service Enterprise Group Incorporated (PSEG) is an energy holding company. The Company�s operations are located in the Northeastern and Mid- Atlantic United States. PSEG conducts its business through three direct wholly owned subsidiaries: Power, PSE&G and PSEG Energy Holdings L.L.C. (Energy Holdings). Power integrates its nuclear, fossil and renewable generating asset operations with its wholesale energy sales, fuel supply and energy trading functions. PSE&G is a franchised public utility in New Jersey. It is also the provider of last resort for gas and electric commodity service for end users in its service territory. Energy Holdings which earns its revenues primarily from its portfolio of lease investments; PSEG Long Island LLC (PSEG LI), operates the Long Island Power Authority's transmission and distribution system under a contractual agreement; and PSEG Services Corporation (Services), which provides with certain management, administrative and general services at cost.