Commitments and Contingent Liabilities (Tables)

9 Months Ended

Sep. 30, 2012

Power [Member]

Face Value Of Outstanding Guarantees, Current Exposure And Margin Positions




	As of			As of
	September 30, 2012			December 31, 2011
	Millions
Face Value of Outstanding Guarantees	$	1,514		$	1,756
Exposure under Current Guarantees	$	214		$	315
Letters of Credit Margin Posted	$	178		$	135
Letters of Credit Margin Received	$	109		$	91
Cash Deposited and Received
Counterparty Cash Margin Deposited	$	19		$	20
Counterparty Cash Margin Received	(3		)	(7		)
Net Broker Balance Deposited (Received)	12			(92		)
In the Event Power were to Lose its Investment Grade Rating:
Additional Collateral that could be Required	$	610		$	812
Liquidity Available under PSEG’s and Power’s Credit Facilities to Post Collateral	$	3,429		$	3,415
Additional Amounts Posted
Other Letters of Credit	$	45		$	52

Total Minimum Purchase Commitments




Fuel Type	Power’s Share of Commitments through 2016
	Millions
Nuclear Fuel
Uranium	$	452
Enrichment	$	445
Fabrication	$	145
Natural Gas	$	876
Coal	$	533

PSE And G [Member]

Contract For Anticipated BGS-Fixed Price Eligible Load




	Auction Year
	2009	2010	2011	2012
36-Month Terms Ending	May 2012	May 2013	May 2014	May 2015	(A)
Load (MW)	2,900	2,800	2,800	2,900
$ per kWh	0.10372	0.09577	0.09430	0.08388

- Definition

Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties.

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- Definition

Tabular disclosure of information concerning the terms and significance of long term contracts to purchase power (generally referred to as purchase power agreements (PPAs) or power sale agreements (PSAs)) including date of contract expiration, share of plant output being purchased, estimated annual cost, annual minimum debt service payment required and amount of related long-term debt or lease obligations outstanding.

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