Public Service Enterprise (PEG -2%) says it is unable to provide a cost estimate for Hurricane...

|About: Public Service Enterprise G... (PEG)|By:, SA News Editor

Public Service Enterprise (PEG -2%) says it is unable to provide a cost estimate for Hurricane Sandy. "The magnitude of the flooding in contiguous areas is unprecedented,” it says, as the storm surge knocked out “a large number” of substations along the Passaic, Raritan and Hudson rivers. PEG lost as many as 1.7M customers, the most in its history from a single event.