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Related-Party Transactions
 12 Months Ended
Dec. 31, 2015
Related Party Transaction [Line Items]  
Related-Party Transactions
Related-Party Transactions
The following discussion relates to intercompany transactions, which are eliminated during the PSEG consolidation process in accordance with GAAP.
PSE&G
The financial statements for PSE&G include transactions with related parties presented as follows:
 
 
 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
Related Party Transactions
 
2015
 
2014
 
2013
 
 
 
 
Millions
 
 
Billings from Affiliates:
 
 
 
 
 
 
 
 
Billings from Power primarily through BGS and BGSS (A)
 
$
1,630

 
$
1,771

 
$
1,797

 
 
Administrative Billings from Services (B)
 
274

 
248

 
255

 
 
Total Billings from Affiliates
 
$
1,904

 
$
2,019

 
$
2,052

 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
Related Party Transactions
 
2015
 
2014
 
 
 
 
Millions
 
 
Receivables from PSEG (C)
 
$
222

 
$
274

 
 
Payable to Power (A)
 
$
212

 
$
313

 
 
Payable to Services (B)
 
80

 
66

 
 
Accounts Payable—Affiliated Companies
 
$
292

 
$
379

 
 
Working Capital Advances to Services (D)
 
$
33

 
$
33

 
 
Long-Term Accrued Taxes Payable
 
$
109

 
$
116

 
 
 
 
 
 
 
 


Power
The financial statements for Power include transactions with related parties presented as follows:
 
 
 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
Related Party Transactions
 
2015
 
2014
 
2013
 
 
 
 
Millions
 
 
Billings to Affiliates:
 
 
 
 
 
 
 
 
Billings to PSE&G primarily through BGS and BGSS (A)
 
$
1,630

 
$
1,771

 
$
1,797

 
 
Billings from Affiliates:
 
 
 
 
 
 
 
 
Administrative Billings from Services (B)
 
$
187

 
$
165

 
$
178

 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
Related Party Transactions
 
2015
 
2014
 
 
 
 
Millions
 
 
Receivable from PSE&G (A)
 
$
212

 
$
313

 
 
Receivable from PSEG (C)
 
64

 
—

 
 
Accounts Receivable—Affiliated Companies
 
$
276

 
$
313

 
 
Payable to Services (B)
 
$
33

 
$
23

 
 
Payable to PSEG (C)
 
—

 
95

 
 
Accounts Payable—Affiliated Companies
 
$
33

 
$
118

 
 
Short-Term Loan due (to) from Affiliate (E)
 
$
363

 
$
584

 
 
Working Capital Advances to Services (D)
 
$
17

 
$
17

 
 
Long-Term Accrued Taxes Payable
 
$
35

 
$
41

 
 
 
 
 
 
 
 

(A)
PSE&G has entered into a requirements contract with Power under which Power provides the gas supply services needed to meet PSE&G’s BGSS and other contractual requirements. Power has also entered into contracts to supply energy, capacity and ancillary services to PSE&G through the BGS auction process.
(B)
Services provides and bills administrative services to PSE&G and Power at cost. In addition, PSE&G and Power have other payables to Services, including amounts related to certain common costs, such as pension and OPEB costs, which Services pays on behalf of each of the operating companies.
(C)
PSEG files a consolidated federal income tax return with its affiliated companies. A tax allocation agreement exists between PSEG and each of its affiliated companies. The general operation of these agreements is that the subsidiary company will compute its taxable income on a stand-alone basis. If the result is a net tax liability, such amount shall be paid to PSEG. If there are net operating losses and/or tax credits, the subsidiary shall receive payment for the tax savings from PSEG to the extent that PSEG is able to utilize those benefits.
(D)
PSE&G and Power have advanced working capital to Services. The amounts are included in Other Noncurrent Assets on PSE&G’s and Power’s Consolidated Balance Sheets.
(E)
Power’s short-term loans with PSEG are for working capital and other short-term needs. Interest Income and Interest Expense relating to these short-term funding activities were immaterial.
PSE&G [Member]  
Related Party Transaction [Line Items]  
Related-Party Transactions
Related-Party Transactions
The following discussion relates to intercompany transactions, which are eliminated during the PSEG consolidation process in accordance with GAAP.
PSE&G
The financial statements for PSE&G include transactions with related parties presented as follows:
 
 
 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
Related Party Transactions
 
2015
 
2014
 
2013
 
 
 
 
Millions
 
 
Billings from Affiliates:
 
 
 
 
 
 
 
 
Billings from Power primarily through BGS and BGSS (A)
 
$
1,630

 
$
1,771

 
$
1,797

 
 
Administrative Billings from Services (B)
 
274

 
248

 
255

 
 
Total Billings from Affiliates
 
$
1,904

 
$
2,019

 
$
2,052

 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
Related Party Transactions
 
2015
 
2014
 
 
 
 
Millions
 
 
Receivables from PSEG (C)
 
$
222

 
$
274

 
 
Payable to Power (A)
 
$
212

 
$
313

 
 
Payable to Services (B)
 
80

 
66

 
 
Accounts Payable—Affiliated Companies
 
$
292

 
$
379

 
 
Working Capital Advances to Services (D)
 
$
33

 
$
33

 
 
Long-Term Accrued Taxes Payable
 
$
109

 
$
116

 
 
 
 
 
 
 
 


Power
The financial statements for Power include transactions with related parties presented as follows:
 
 
 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
Related Party Transactions
 
2015
 
2014
 
2013
 
 
 
 
Millions
 
 
Billings to Affiliates:
 
 
 
 
 
 
 
 
Billings to PSE&G primarily through BGS and BGSS (A)
 
$
1,630

 
$
1,771

 
$
1,797

 
 
Billings from Affiliates:
 
 
 
 
 
 
 
 
Administrative Billings from Services (B)
 
$
187

 
$
165

 
$
178

 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
Related Party Transactions
 
2015
 
2014
 
 
 
 
Millions
 
 
Receivable from PSE&G (A)
 
$
212

 
$
313

 
 
Receivable from PSEG (C)
 
64

 
—

 
 
Accounts Receivable—Affiliated Companies
 
$
276

 
$
313

 
 
Payable to Services (B)
 
$
33

 
$
23

 
 
Payable to PSEG (C)
 
—

 
95

 
 
Accounts Payable—Affiliated Companies
 
$
33

 
$
118

 
 
Short-Term Loan due (to) from Affiliate (E)
 
$
363

 
$
584

 
 
Working Capital Advances to Services (D)
 
$
17

 
$
17

 
 
Long-Term Accrued Taxes Payable
 
$
35

 
$
41

 
 
 
 
 
 
 
 

(A)
PSE&G has entered into a requirements contract with Power under which Power provides the gas supply services needed to meet PSE&G’s BGSS and other contractual requirements. Power has also entered into contracts to supply energy, capacity and ancillary services to PSE&G through the BGS auction process.
(B)
Services provides and bills administrative services to PSE&G and Power at cost. In addition, PSE&G and Power have other payables to Services, including amounts related to certain common costs, such as pension and OPEB costs, which Services pays on behalf of each of the operating companies.
(C)
PSEG files a consolidated federal income tax return with its affiliated companies. A tax allocation agreement exists between PSEG and each of its affiliated companies. The general operation of these agreements is that the subsidiary company will compute its taxable income on a stand-alone basis. If the result is a net tax liability, such amount shall be paid to PSEG. If there are net operating losses and/or tax credits, the subsidiary shall receive payment for the tax savings from PSEG to the extent that PSEG is able to utilize those benefits.
(D)
PSE&G and Power have advanced working capital to Services. The amounts are included in Other Noncurrent Assets on PSE&G’s and Power’s Consolidated Balance Sheets.
(E)
Power’s short-term loans with PSEG are for working capital and other short-term needs. Interest Income and Interest Expense relating to these short-term funding activities were immaterial.
Power [Member]  
Related Party Transaction [Line Items]  
Related-Party Transactions
Related-Party Transactions
The following discussion relates to intercompany transactions, which are eliminated during the PSEG consolidation process in accordance with GAAP.
PSE&G
The financial statements for PSE&G include transactions with related parties presented as follows:
 
 
 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
Related Party Transactions
 
2015
 
2014
 
2013
 
 
 
 
Millions
 
 
Billings from Affiliates:
 
 
 
 
 
 
 
 
Billings from Power primarily through BGS and BGSS (A)
 
$
1,630

 
$
1,771

 
$
1,797

 
 
Administrative Billings from Services (B)
 
274

 
248

 
255

 
 
Total Billings from Affiliates
 
$
1,904

 
$
2,019

 
$
2,052

 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
Related Party Transactions
 
2015
 
2014
 
 
 
 
Millions
 
 
Receivables from PSEG (C)
 
$
222

 
$
274

 
 
Payable to Power (A)
 
$
212

 
$
313

 
 
Payable to Services (B)
 
80

 
66

 
 
Accounts Payable—Affiliated Companies
 
$
292

 
$
379

 
 
Working Capital Advances to Services (D)
 
$
33

 
$
33

 
 
Long-Term Accrued Taxes Payable
 
$
109

 
$
116

 
 
 
 
 
 
 
 


Power
The financial statements for Power include transactions with related parties presented as follows:
 
 
 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
Related Party Transactions
 
2015
 
2014
 
2013
 
 
 
 
Millions
 
 
Billings to Affiliates:
 
 
 
 
 
 
 
 
Billings to PSE&G primarily through BGS and BGSS (A)
 
$
1,630

 
$
1,771

 
$
1,797

 
 
Billings from Affiliates:
 
 
 
 
 
 
 
 
Administrative Billings from Services (B)
 
$
187

 
$
165

 
$
178

 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
Related Party Transactions
 
2015
 
2014
 
 
 
 
Millions
 
 
Receivable from PSE&G (A)
 
$
212

 
$
313

 
 
Receivable from PSEG (C)
 
64

 
—

 
 
Accounts Receivable—Affiliated Companies
 
$
276

 
$
313

 
 
Payable to Services (B)
 
$
33

 
$
23

 
 
Payable to PSEG (C)
 
—

 
95

 
 
Accounts Payable—Affiliated Companies
 
$
33

 
$
118

 
 
Short-Term Loan due (to) from Affiliate (E)
 
$
363

 
$
584

 
 
Working Capital Advances to Services (D)
 
$
17

 
$
17

 
 
Long-Term Accrued Taxes Payable
 
$
35

 
$
41

 
 
 
 
 
 
 
 

(A)
PSE&G has entered into a requirements contract with Power under which Power provides the gas supply services needed to meet PSE&G’s BGSS and other contractual requirements. Power has also entered into contracts to supply energy, capacity and ancillary services to PSE&G through the BGS auction process.
(B)
Services provides and bills administrative services to PSE&G and Power at cost. In addition, PSE&G and Power have other payables to Services, including amounts related to certain common costs, such as pension and OPEB costs, which Services pays on behalf of each of the operating companies.
(C)
PSEG files a consolidated federal income tax return with its affiliated companies. A tax allocation agreement exists between PSEG and each of its affiliated companies. The general operation of these agreements is that the subsidiary company will compute its taxable income on a stand-alone basis. If the result is a net tax liability, such amount shall be paid to PSEG. If there are net operating losses and/or tax credits, the subsidiary shall receive payment for the tax savings from PSEG to the extent that PSEG is able to utilize those benefits.
(D)
PSE&G and Power have advanced working capital to Services. The amounts are included in Other Noncurrent Assets on PSE&G’s and Power’s Consolidated Balance Sheets.
(E)
Power’s short-term loans with PSEG are for working capital and other short-term needs. Interest Income and Interest Expense relating to these short-term funding activities were immaterial.