Statement on Nomination of Ron Binz as FERC Chairman, Ralph Izzo, PSEG chairman, CEO and president

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Public Service Enterprise Group (PSEG)

Jun 27, 2013, 05:20 ET

NEWARK, N.J., June 27, 2013 /PRNewswire/ -- The electric industry is experiencing rapid change and technological advances and Ron Binz is a strong and timely choice to lead FERC. Ron has both the experience and intellect to hit the ground running and ensure thoughtful consideration of emerging opportunities. In Colorado, he showed a willingness to work with diverse groups and elected officials of both parties to develop and implement commonsense legislation. His work on the Utilities 2020 project, as well as his diverse experience as a regulator, consumer advocate and policy expert will serve the country well as he leads FERC.

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SOURCE Public Service Enterprise Group (PSEG)