XML 61 R30.htm IDEA: XBRL DOCUMENT v2.4.1.9
Commitments and Contingent Liabilities (Tables)
3 Months Ended
Mar. 31, 2015
Power [Member]  
Face Value Of Outstanding Guarantees, Current Exposure And Margin Positions
 
 
 
 
 
 
 
 
As of
 
As of
 
 
 
March 31,
2015
 
December 31,
2014
 
 
 
Millions
 
 
Face Value of Outstanding Guarantees
$
1,811

 
$
1,814

 
 
Exposure under Current Guarantees
$
244

 
$
273

 
 
 
 
 
 
 
 
Letters of Credit Margin Posted
$
140

 
$
159

 
 
Letters of Credit Margin Received
$
91

 
$
40

 
 
 
 
 
 
 
 
Cash Deposited and Received:
 
 
 
 
 
Counterparty Cash Margin Deposited
$

 
$

 
 
Counterparty Cash Margin Received
$
(9
)
 
$
(13
)
 
 
   Net Broker Balance Deposited (Received)
$
97

 
$
115

 
 
 
 
 
 
 
 
In the Event Power were to Lose its Investment Grade Rating:
 
 
 
 
 
Additional Collateral that could be Required
$
881

 
$
945

 
 
Liquidity Available under PSEG’s and Power’s Credit Facilities to Post Collateral
$
3,514

 
$
3,495

 
 
 
 
 
 
 
 
Additional Amounts Posted:
 
 
 
 
 
Other Letters of Credit
$
45

 
$
45

 
 
 
 
 
 
 
Total Minimum Purchase Commitments
As of March 31, 2015, the total minimum purchase requirements included in these commitments were as follows:
 
 
 
 
 
 
Fuel Type
 
Power's Share of Commitments through 2019
 
 
 
 
Millions
 
 
Nuclear Fuel
 
 
 
 
Uranium
 
$
432

 
 
Enrichment
 
$
428

 
 
Fabrication
 
$
185

 
 
Natural Gas
 
$
1,060

 
 
Coal
 
$
277

 
 
 
 
 
 
PSE And G [Member]  
Contract For Anticipated BGS-Fixed Price Eligible Load
 
 
 
 
 
 
 
 
 
 
 
 
 
Auction Year
 
 
 
 
2012
 
2013
 
2014
 
2015
 
 
 
36-Month Terms Ending
May 2015

 
May 2016

 
May 2017

 
May 2018

(A) 
 
 
Load (MW)
2,900

 
2,800

 
2,800

 
2,900

  
 
 
$ per kWh
$83.88
 
$92.18
 
$97.39
 
$99.54
  
 
 
 
 
 
 
 
 
 
 
 
 

(A)
Prices set for the 2015 BGS auction year will become effective on June 1, 2015 when the 2012 BGS auction agreements expire.