1
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 October 17, 1995
PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED
(Exact name of registrant as specified in its charter)
New Jersey 1-9120 22-2625848
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
80 Park Plaza, P. O. Box 1171
Newark, New Jersey 07101-1171
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 201-430-7000
PUBLIC SERVICE ELECTRIC AND GAS COMPANY
(Exact name of registrant as specified in its charter)
New Jersey 1-973 22-1212800
(State or other Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
80 Park Plaza, P. O. Box 570
Newark, New Jersey 07101-0570
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 201-430-7000
1
2
Item 5. Other Events.
- ------ ------------
The following information updates certain matters
previously reported to the Securities and Exchange Commission
under Item 1 - Business of Part I of the Annual Report on Form
10-K for 1994 and Part II of the Reports on Form 10-Q for the
quarters ended March 31, 1995 and June 30, 1995 of Public
Service Electric and Gas Company (PSE&G) and its parent,
Public Service Enterprise Group Incorporated (Enterprise).
Nuclear Operations
- ------------------
Salem
As previously reported, a Salem NRC enforcement
conference was held on July 28, 1995 related to certain
violations of NRC requirements. The violations included valves
that were incorrectly positioned following a plant
modification in May, 1993, non-conservatisms in setpoints for
a pressurizer overpressure protection system and several
examples of inadequate root cause determination of events,
leading to insufficient corrective actions at Salem. On
October 16, 1995, the NRC proposed cumulative civil penalties
of $600,000 related to these violations. PSE&G has advised
2
3
Nuclear Operations
- ------------------
Salem
the NRC that it will not contest the proposed penalties.
SIGNATURE
---------
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrants have duly caused this report to
be signed on their behalf by the undersigned hereunto duly
authorized.
PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED
(Registrant)
PUBLIC SERVICE ELECTRIC AND GAS COMPANY
(Registrant)
By R. EDWIN SELOVER
---------------------------------------
R. Edwin Selover
Vice President and General Counsel
Public Service Enterprise Group Incorporated
Senior Vice President and General Counsel
Public Service Electric and Gas Company
Date: October 18, 1995
3