HOVNANIAN ENT: EPA, DOJ Talks on Discharge Practices Continue

Hovnanian Enterprises, Inc. remains engaged in discussions with the Environmental Protection Agency Region 3 and the Department of Justice regarding alleged violations of storm water discharge practices.

In March 2005, the Company received two requests for information pursuant to Section 308…

US GSA: Settles Underground Storage Tank Breaches in NJ and NY

NEW YORK — Dec. 15, 2008 — The U.S. Environmental Protection Agency and the U.S. General Services Administration (GSA) have agreed on a settlement to correct violations regarding the management of underground storage tanks at three GSA facilities in New…

NEW JERSEY RESOURCES: Records $92.2M Costs for MGP-Site Cleanup

New Jersey Resources Corporation, as of Sept. 30, 2008, recorded US$92.2 million of previously incurred remediation costs, net of recoveries from customers and insurance proceeds, in Regulatory assets on the Company’s Consolidated Balance Sheet associated with three manufactured gas plant…

PSEG: Has Yet to Agree to Join Natural Resource Damages Study

Public Service Enterprise Group Incorporated, its subsidiary, and the other potentially responsible parties for the contamination at the lower Passaic River still have not agreed to participate in the National Oceanic and Atmospheric Administration’s plan for a natural resource damage…

PSEG INC: Records $644Mil Liability for Manufactured Gas Plants

Public Service Enterprise Group Incorporated’s subsidiary, as of Sept. 30, 2008, recorded a liability of US$644 million for the remediation of all manufactured gas plant sites to completion, as well as anticipated costs to address MGP-related material discovered in three…

PSEG INC: PSE&G Records $703Mil Liability for Clean Energy Plan

Public Service Enterprise Group Incorporated’s subsidiary has recorded a discounted liability of US$703 million as of Sept. 30, 2008 related to a funding requirement for its New Jersey Clean Energy Programs. Of this amount, US$140 million was recorded as a…

PSEG INC: Still Potentially Liable for Newark Bay Study Area

PSEG Power LLC (Power) is still named a potentially responsible party with respect to contamination in the Newark Bay Study Area.

Power, a principal direct wholly owned subsidiary of Public Service Enterprise Group Incorporated, is a multi-regional, wholesale energy supply company…

PSEG INC: Power Records $50Mil Liability at Sept. 30 for ISRA

Public Service Enterprise Group Incorporated’s subsidiary, PSEG Power LLC (Power), had a US$50 million liability as of Sept. 30, 2008 and Dec. 31, 2007, related to its obligations under the New Jersey Industrial Site Recovery Act (ISRA).

The US$50 million liability…

PSEG INC: Lower Passaic River Study on Contamination Ongoing

Public Service Enterprise Group Incorporated remains potentially liable for about 6% as its share for the costs to study and clean up the lower Passaic River.

The U.S. Environmental Protection Agency has determined that a six-mile stretch of the Passaic River…

PSEG INC: Power Still Facing Arguments on NJPDES Permit Issue

Public Service Enterprise Group Incorporated’s subsidiary, PSEG Power LLC (Power), is still engaged in proceedings over a petition requesting the U.S. Supreme Court review of a matter related to a rejection under a provision in its renewal application.

In June 2001,…

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