Other Income and Deductions

9 Months Ended

Sep. 30, 2012

Other Income and Deductions

Other Income and Deductions

Other Income	Power		PSE&G		Other (A)		Consolidated
	Millions
Three Months Ended September 30, 2012
NDT Fund Gains, Interest, Dividend and Other Income	$	103	$	—	$	—	$	103
Allowance of Funds Used During Construction	—		6		—		6
Solar Loan Interest	—		5		—		5
Other	1		5		1		7
Total Other Income	$	104	$	16	$	1	$	121
Three Months Ended September 30, 2011
NDT Fund Gains, Interest, Dividend and Other Income	$	36	$	—	$	—	$	36
Allowance of Funds Used During Construction	—		2		—		2
Solar Loan Interest	—		3		—		3
Other	1		2		1		4
Total Other Income	$	37	$	7	$	1	$	45
Nine Months Ended September 30, 2012
NDT Fund Gains, Interest, Dividend and Other Income	$	167	$	—	$	—	$	167
Allowance of Funds Used During Construction	—		17		—		17
Solar Loan Interest	—		13		—		13
Other	4		9		6		19
Total Other Income	$	171	$	39	$	6	$	216
Nine Months Ended September 30, 2011
NDT Fund Gains, Interest, Dividend and Other Income	$	153	$	—	$	—	$	153
Allowance of Funds Used During Construction	—		4		—		4
Solar Loan Interest	—		7		—		7
Other	3		5		4		12
Total Other Income	$	156	$	16	$	4	$	176

Other Deductions	Power		PSE&G		Other (A)		Consolidated
	Millions
Three Months Ended September 30, 2012
NDT Fund Realized Losses and Expenses	$	20	$	—	$	—	$	20
Other	—		6		—		6
Total Other Deductions	$	20	$	6	$	—	$	26
Three Months Ended September 30, 2011
NDT Fund Realized Losses and Expenses	$	10	$	—	$	—	$	10
Other	—		1		—		1
Total Other Deductions	$	10	$	1	$	—	$	11
Nine Months Ended September 30, 2012
NDT Fund Realized Losses and Expenses	$	45	$	—	$	—	$	45
Other	7		8		1		16
Total Other Deductions	$	52	$	8	$	1	$	61
Nine Months Ended September 30, 2011
NDT Fund Realized Losses and Expenses	$	32	$	—	$	—	$	32
Other	5		2		—		7
Total Other Deductions	$	37	$	2	$	—	$	39

(A) Other primarily consists of activity at PSEG (as parent company), Energy Holdings, Services and intercompany eliminations.

Power [Member]

Other Income and Deductions

Other Income and Deductions

Other Income	Power		PSE&G		Other (A)		Consolidated
	Millions
Three Months Ended September 30, 2012
NDT Fund Gains, Interest, Dividend and Other Income	$	103	$	—	$	—	$	103
Allowance of Funds Used During Construction	—		6		—		6
Solar Loan Interest	—		5		—		5
Other	1		5		1		7
Total Other Income	$	104	$	16	$	1	$	121
Three Months Ended September 30, 2011
NDT Fund Gains, Interest, Dividend and Other Income	$	36	$	—	$	—	$	36
Allowance of Funds Used During Construction	—		2		—		2
Solar Loan Interest	—		3		—		3
Other	1		2		1		4
Total Other Income	$	37	$	7	$	1	$	45
Nine Months Ended September 30, 2012
NDT Fund Gains, Interest, Dividend and Other Income	$	167	$	—	$	—	$	167
Allowance of Funds Used During Construction	—		17		—		17
Solar Loan Interest	—		13		—		13
Other	4		9		6		19
Total Other Income	$	171	$	39	$	6	$	216
Nine Months Ended September 30, 2011
NDT Fund Gains, Interest, Dividend and Other Income	$	153	$	—	$	—	$	153
Allowance of Funds Used During Construction	—		4		—		4
Solar Loan Interest	—		7		—		7
Other	3		5		4		12
Total Other Income	$	156	$	16	$	4	$	176

Other Deductions	Power		PSE&G		Other (A)		Consolidated
	Millions
Three Months Ended September 30, 2012
NDT Fund Realized Losses and Expenses	$	20	$	—	$	—	$	20
Other	—		6		—		6
Total Other Deductions	$	20	$	6	$	—	$	26
Three Months Ended September 30, 2011
NDT Fund Realized Losses and Expenses	$	10	$	—	$	—	$	10
Other	—		1		—		1
Total Other Deductions	$	10	$	1	$	—	$	11
Nine Months Ended September 30, 2012
NDT Fund Realized Losses and Expenses	$	45	$	—	$	—	$	45
Other	7		8		1		16
Total Other Deductions	$	52	$	8	$	1	$	61
Nine Months Ended September 30, 2011
NDT Fund Realized Losses and Expenses	$	32	$	—	$	—	$	32
Other	5		2		—		7
Total Other Deductions	$	37	$	2	$	—	$	39

(A) Other primarily consists of activity at PSEG (as parent company), Energy Holdings, Services and intercompany eliminations.

PSE And G [Member]

Other Income and Deductions

Other Income and Deductions

Other Income	Power		PSE&G		Other (A)		Consolidated
	Millions
Three Months Ended September 30, 2012
NDT Fund Gains, Interest, Dividend and Other Income	$	103	$	—	$	—	$	103
Allowance of Funds Used During Construction	—		6		—		6
Solar Loan Interest	—		5		—		5
Other	1		5		1		7
Total Other Income	$	104	$	16	$	1	$	121
Three Months Ended September 30, 2011
NDT Fund Gains, Interest, Dividend and Other Income	$	36	$	—	$	—	$	36
Allowance of Funds Used During Construction	—		2		—		2
Solar Loan Interest	—		3		—		3
Other	1		2		1		4
Total Other Income	$	37	$	7	$	1	$	45
Nine Months Ended September 30, 2012
NDT Fund Gains, Interest, Dividend and Other Income	$	167	$	—	$	—	$	167
Allowance of Funds Used During Construction	—		17		—		17
Solar Loan Interest	—		13		—		13
Other	4		9		6		19
Total Other Income	$	171	$	39	$	6	$	216
Nine Months Ended September 30, 2011
NDT Fund Gains, Interest, Dividend and Other Income	$	153	$	—	$	—	$	153
Allowance of Funds Used During Construction	—		4		—		4
Solar Loan Interest	—		7		—		7
Other	3		5		4		12
Total Other Income	$	156	$	16	$	4	$	176

Other Deductions	Power		PSE&G		Other (A)		Consolidated
	Millions
Three Months Ended September 30, 2012
NDT Fund Realized Losses and Expenses	$	20	$	—	$	—	$	20
Other	—		6		—		6
Total Other Deductions	$	20	$	6	$	—	$	26
Three Months Ended September 30, 2011
NDT Fund Realized Losses and Expenses	$	10	$	—	$	—	$	10
Other	—		1		—		1
Total Other Deductions	$	10	$	1	$	—	$	11
Nine Months Ended September 30, 2012
NDT Fund Realized Losses and Expenses	$	45	$	—	$	—	$	45
Other	7		8		1		16
Total Other Deductions	$	52	$	8	$	1	$	61
Nine Months Ended September 30, 2011
NDT Fund Realized Losses and Expenses	$	32	$	—	$	—	$	32
Other	5		2		—		7
Total Other Deductions	$	37	$	2	$	—	$	39

(A) Other primarily consists of activity at PSEG (as parent company), Energy Holdings, Services and intercompany eliminations.