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Commitments and Contingent Liabilities (Tables)
 6 Months Ended
Jun. 30, 2023
PSEG Power [Member]  
Loss Contingencies [Line Items]  
Face Value Of Outstanding Guarantees, Current Exposure And Margin Positions The following table shows the face value of PSEG Power’s outstanding guarantees, current exposure and margin positions as of June 30, 2023 and December 31, 2022.
As ofAs of
June 30, 2023December 31, 2022
Millions
Face Value of Outstanding Guarantees$1,445 $1,601 
Exposure under Current Guarantees$80 $198 
Letters of Credit Margin Posted$13 $87 
Letters of Credit Margin Received$85 $38 
Cash Deposited and Received
Counterparty Cash Collateral Deposited$— $— 
Counterparty Cash Collateral Received$(7)$(1)
Net Broker Balance Deposited (Received)$433 $1,522 
Additional Amounts Posted
Other Letters of Credit$180 $156 
Total Minimum Purchase Commitments
As of June 30, 2023, the total minimum purchase requirements included in these commitments were as follows:
Fuel TypePSEG Power’s Share of Commitments through 2027
Millions
Nuclear Fuel
Uranium$379 
Enrichment$309 
Fabrication$183 
Natural Gas $1,135 
Public Service Electric and Gas Company [Member]  
Loss Contingencies [Line Items]  
Contract For Anticipated BGS-Fixed Price Eligible Load
Auction Year
2020202120222023
36-Month Terms EndingMay 2023May 2024May 2025May 2026(A)
Load (MW)2,8002,9002,8002,800
$ per MWh$102.16$64.80$76.30$93.11
(A)Prices set in the 2023 BGS auction became effective on June 1, 2023 when the 2020 BGS auction agreements expired.