Other Income (Deductions)

6 Months Ended

Jun. 30, 2023

Component of Other Income (Deductions) [Line Items]

Other Income (Deductions)

Other Income (Deductions)

	PSE&G		PSEG Power & Other (A)		Consolidated
	Millions
Three Months Ended June 30, 2023
NDT Fund Interest and Dividends	$	—	$	19	$	19
Allowance for Funds Used During Construction	15		—		15
Solar Loan Interest	2		—		2
Other Interest	5		9		14
Other	1		(2)		(1)
Total Other Income (Deductions)	$	23	$	26	$	49
Six Months Ended June 30, 2023
NDT Fund Interest and Dividends	$	—	$	34	$	34
Allowance for Funds Used During Construction	30		—		30
Solar Loan Interest	4		—		4
Other Interest	7		16		23
Other	3		(3)		—
Total Other Income (Deductions)	$	44	$	47	$	91
Three Months Ended June 30, 2022
NDT Fund Interest and Dividends	$	—	$	16	$	16
Allowance for Funds Used During Construction	15		—		15
Solar Loan Interest	3		—		3
Other Interest	2		2		4
Other	2		(2)		—
Total Other Income (Deductions)	$	22	$	16	$	38
Six Months Ended June 30, 2022
NDT Fund Interest and Dividends	$	—	$	30	$	30
Allowance for Funds Used During Construction	30		—		30
Solar Loan Interest	6		—		6
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		(27)		(27)
Other Interest	2		2		4
Other	3		(3)		—
Total Other Income (Deductions)	$	41	$	2	$	43

(A)PSEG Power & Other consists of activity at PSEG Power, Energy Holdings, PSEG LI, Services, PSEG ( parent company) and intercompany eliminations.

Public Service Electric and Gas Company [Member]

Component of Other Income (Deductions) [Line Items]

Other Income (Deductions)

Other Income (Deductions)

	PSE&G		PSEG Power & Other (A)		Consolidated
	Millions
Three Months Ended June 30, 2023
NDT Fund Interest and Dividends	$	—	$	19	$	19
Allowance for Funds Used During Construction	15		—		15
Solar Loan Interest	2		—		2
Other Interest	5		9		14
Other	1		(2)		(1)
Total Other Income (Deductions)	$	23	$	26	$	49
Six Months Ended June 30, 2023
NDT Fund Interest and Dividends	$	—	$	34	$	34
Allowance for Funds Used During Construction	30		—		30
Solar Loan Interest	4		—		4
Other Interest	7		16		23
Other	3		(3)		—
Total Other Income (Deductions)	$	44	$	47	$	91
Three Months Ended June 30, 2022
NDT Fund Interest and Dividends	$	—	$	16	$	16
Allowance for Funds Used During Construction	15		—		15
Solar Loan Interest	3		—		3
Other Interest	2		2		4
Other	2		(2)		—
Total Other Income (Deductions)	$	22	$	16	$	38
Six Months Ended June 30, 2022
NDT Fund Interest and Dividends	$	—	$	30	$	30
Allowance for Funds Used During Construction	30		—		30
Solar Loan Interest	6		—		6
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		(27)		(27)
Other Interest	2		2		4
Other	3		(3)		—
Total Other Income (Deductions)	$	41	$	2	$	43

(A)PSEG Power & Other consists of activity at PSEG Power, Energy Holdings, PSEG LI, Services, PSEG ( parent company) and intercompany eliminations.