Property Plant And Equipment And Jointly-Owned Facilities

Property, Plant and Equipment and Jointly-Owned Facilities

Information related to Property, Plant and Equipment as of December 31, 2012 and 2011 is detailed below:




	Power		PSE&G		Other		PSEG Consolidated
	Millions
2012
Generation:
Fossil Production	$	6,886	$	—	$	—	$	6,886
Nuclear Production	1,415		—		—		1,415
Nuclear Fuel in Service	853		—		—		853
Other Production-Solar	—		434		217		651
Construction Work in Progress	450		7		—		457
Total Generation	9,604		441		217		10,262
Transmission and Distribution:
Electric Transmission	—		3,053		—		3,053
Electric Distribution	—		6,807		—		6,807
Gas Transmission	—		89		—		89
Gas Distribution	—		5,065		—		5,065
Construction Work in Progress	—		1,048		—		1,048
Plant Held for Future Use	—		6		—		6
Other	—		380		—		380
Total Transmission and Distribution	—		16,448		—		16,448
Other	93		117		482		692
Total	$	9,697	$	17,006	$	699	$	27,402




	Power		PSE&G		Other		PSEG Consolidated
	Millions
2011
Generation:
Fossil Production	$	6,415	$	—	$	—	$	6,415
Nuclear Production	1,138		—		—		1,138
Nuclear Fuel in Service	774		—		—		774
Other Production-Solar	—		345		89		434
Construction Work in Progress	784		19		—		803
Total Generation	9,111		364		89		9,564
Transmission and Distribution:
Electric Transmission	—		2,441		—		2,441
Electric Distribution	—		6,522		—		6,522
Gas Transmission	—		91		—		91
Gas Distribution	—		4,858		—		4,858
Construction Work in Progress	—		546		—		546
Plant Held for Future Use	—		9		—		9
Other	—		386		—		386
Total Transmission and Distribution	—		14,853		—		14,853
Other	80		89		494		663
Total	$	9,191	$	15,306	$	583	$	25,080

Power and PSE&G have ownership interests in and are responsible for providing their respective shares of the necessary financing for the following jointly-owned facilities. All amounts reflect the share of Power’s and PSE&G’s jointly-owned projects and the corresponding direct expenses are included in the Consolidated Statements of Operations as operating expenses.




	Ownership				Accumulated
December 31, 2012	Interest		Plant		Depreciation
			Millions
Power:
Coal Generating
Conemaugh	23	%	$	321	$	132
Keystone	23	%	$	387	$	128
Nuclear Generating
Peach Bottom	50	%	$	730	$	193
Salem	57	%	$	865	$	209
Nuclear Support Facilities	Various		$	191	$	29
Pumped Storage Facilities
Yards Creek	50	%	$	35	$	23
Merrill Creek Reservoir	14	%	$	1	$	—
PSE&G:
Transmission Facilities	Various		$	156	$	63




	Ownership				Accumulated
December 31, 2011	Interest		Plant		Depreciation
			Millions
Power:
Coal Generating
Conemaugh	23	%	$	289	$	126
Keystone	23	%	$	381	$	117
Nuclear Generating
Peach Bottom	50	%	$	559	$	171
Salem	57	%	$	807	$	211
Nuclear Support Facilities	Various		$	171	$	27
Pumped Storage Facilities
Yards Creek	50	%	$	34	$	23
Merrill Creek Reservoir	14	%	$	1	$	—
PSE&G:
Transmission Facilities	Various		$	152	$	61

Power holds undivided ownership interests in the jointly-owned facilities above, excluding related nuclear fuel and inventories. Power is entitled to shares of the generating capability and output of each unit equal to its respective ownership interests. Power also pays its ownership share of additional construction costs, fuel inventory purchases and operating expenses. Power’s share of expenses for the jointly-owned facilities is included in the appropriate expense category. Each owner is responsible for any financing with respect to its pro rata share of capital expenditures.

Power co-owns Salem and Peach Bottom with Exelon Generation. Power is the operator of Salem and Exelon Generation is the operator of Peach Bottom. A committee appointed by the co-owners provides oversight. Proposed Operation and Maintenance (O&M) budgets and requests for major capital expenditures are reviewed and approved as part of the normal Power governance process.

GenOn Northeast Management Company is a co-owner and the operator for Keystone Generating Station and Conemaugh Generating Station. A committee appointed by the co-owners provides oversight. Proposed O&M budgets and requests for major capital expenditures are reviewed and approved as part of the normal Power governance process.

Power is a co-owner in the Yards Creek Pumped Storage Generation Facility. Jersey Central Power & Light Company (JCP&L) is also a co-owner and the operator of this facility. JCP&L submits separate capital and O&M budgets, subject to Power's approval as part of the normal Power governance process.

Power is a minority owner in the Merrill Creek Reservoir and Environmental Preserve in Warren County, New Jersey. Merrill Creek Owners Group is the owner-operator of this facility. The operator submits separate capital and O&M budgets, subject to Power's approval as part of the normal Power governance process.

Property Plant And Equipment And Jointly-Owned Facilities

Property, Plant and Equipment and Jointly-Owned Facilities

Information related to Property, Plant and Equipment as of December 31, 2012 and 2011 is detailed below:




	Power		PSE&G		Other		PSEG Consolidated
	Millions
2012
Generation:
Fossil Production	$	6,886	$	—	$	—	$	6,886
Nuclear Production	1,415		—		—		1,415
Nuclear Fuel in Service	853		—		—		853
Other Production-Solar	—		434		217		651
Construction Work in Progress	450		7		—		457
Total Generation	9,604		441		217		10,262
Transmission and Distribution:
Electric Transmission	—		3,053		—		3,053
Electric Distribution	—		6,807		—		6,807
Gas Transmission	—		89		—		89
Gas Distribution	—		5,065		—		5,065
Construction Work in Progress	—		1,048		—		1,048
Plant Held for Future Use	—		6		—		6
Other	—		380		—		380
Total Transmission and Distribution	—		16,448		—		16,448
Other	93		117		482		692
Total	$	9,697	$	17,006	$	699	$	27,402




	Power		PSE&G		Other		PSEG Consolidated
	Millions
2011
Generation:
Fossil Production	$	6,415	$	—	$	—	$	6,415
Nuclear Production	1,138		—		—		1,138
Nuclear Fuel in Service	774		—		—		774
Other Production-Solar	—		345		89		434
Construction Work in Progress	784		19		—		803
Total Generation	9,111		364		89		9,564
Transmission and Distribution:
Electric Transmission	—		2,441		—		2,441
Electric Distribution	—		6,522		—		6,522
Gas Transmission	—		91		—		91
Gas Distribution	—		4,858		—		4,858
Construction Work in Progress	—		546		—		546
Plant Held for Future Use	—		9		—		9
Other	—		386		—		386
Total Transmission and Distribution	—		14,853		—		14,853
Other	80		89		494		663
Total	$	9,191	$	15,306	$	583	$	25,080

Power and PSE&G have ownership interests in and are responsible for providing their respective shares of the necessary financing for the following jointly-owned facilities. All amounts reflect the share of Power’s and PSE&G’s jointly-owned projects and the corresponding direct expenses are included in the Consolidated Statements of Operations as operating expenses.




	Ownership				Accumulated
December 31, 2012	Interest		Plant		Depreciation
			Millions
Power:
Coal Generating
Conemaugh	23	%	$	321	$	132
Keystone	23	%	$	387	$	128
Nuclear Generating
Peach Bottom	50	%	$	730	$	193
Salem	57	%	$	865	$	209
Nuclear Support Facilities	Various		$	191	$	29
Pumped Storage Facilities
Yards Creek	50	%	$	35	$	23
Merrill Creek Reservoir	14	%	$	1	$	—
PSE&G:
Transmission Facilities	Various		$	156	$	63




	Ownership				Accumulated
December 31, 2011	Interest		Plant		Depreciation
			Millions
Power:
Coal Generating
Conemaugh	23	%	$	289	$	126
Keystone	23	%	$	381	$	117
Nuclear Generating
Peach Bottom	50	%	$	559	$	171
Salem	57	%	$	807	$	211
Nuclear Support Facilities	Various		$	171	$	27
Pumped Storage Facilities
Yards Creek	50	%	$	34	$	23
Merrill Creek Reservoir	14	%	$	1	$	—
PSE&G:
Transmission Facilities	Various		$	152	$	61

Power holds undivided ownership interests in the jointly-owned facilities above, excluding related nuclear fuel and inventories. Power is entitled to shares of the generating capability and output of each unit equal to its respective ownership interests. Power also pays its ownership share of additional construction costs, fuel inventory purchases and operating expenses. Power’s share of expenses for the jointly-owned facilities is included in the appropriate expense category. Each owner is responsible for any financing with respect to its pro rata share of capital expenditures.

Power co-owns Salem and Peach Bottom with Exelon Generation. Power is the operator of Salem and Exelon Generation is the operator of Peach Bottom. A committee appointed by the co-owners provides oversight. Proposed Operation and Maintenance (O&M) budgets and requests for major capital expenditures are reviewed and approved as part of the normal Power governance process.

GenOn Northeast Management Company is a co-owner and the operator for Keystone Generating Station and Conemaugh Generating Station. A committee appointed by the co-owners provides oversight. Proposed O&M budgets and requests for major capital expenditures are reviewed and approved as part of the normal Power governance process.

Power is a co-owner in the Yards Creek Pumped Storage Generation Facility. Jersey Central Power & Light Company (JCP&L) is also a co-owner and the operator of this facility. JCP&L submits separate capital and O&M budgets, subject to Power's approval as part of the normal Power governance process.

Power is a minority owner in the Merrill Creek Reservoir and Environmental Preserve in Warren County, New Jersey. Merrill Creek Owners Group is the owner-operator of this facility. The operator submits separate capital and O&M budgets, subject to Power's approval as part of the normal Power governance process.

Property Plant And Equipment And Jointly-Owned Facilities

Property, Plant and Equipment and Jointly-Owned Facilities

Information related to Property, Plant and Equipment as of December 31, 2012 and 2011 is detailed below:




	Power		PSE&G		Other		PSEG Consolidated
	Millions
2012
Generation:
Fossil Production	$	6,886	$	—	$	—	$	6,886
Nuclear Production	1,415		—		—		1,415
Nuclear Fuel in Service	853		—		—		853
Other Production-Solar	—		434		217		651
Construction Work in Progress	450		7		—		457
Total Generation	9,604		441		217		10,262
Transmission and Distribution:
Electric Transmission	—		3,053		—		3,053
Electric Distribution	—		6,807		—		6,807
Gas Transmission	—		89		—		89
Gas Distribution	—		5,065		—		5,065
Construction Work in Progress	—		1,048		—		1,048
Plant Held for Future Use	—		6		—		6
Other	—		380		—		380
Total Transmission and Distribution	—		16,448		—		16,448
Other	93		117		482		692
Total	$	9,697	$	17,006	$	699	$	27,402




	Power		PSE&G		Other		PSEG Consolidated
	Millions
2011
Generation:
Fossil Production	$	6,415	$	—	$	—	$	6,415
Nuclear Production	1,138		—		—		1,138
Nuclear Fuel in Service	774		—		—		774
Other Production-Solar	—		345		89		434
Construction Work in Progress	784		19		—		803
Total Generation	9,111		364		89		9,564
Transmission and Distribution:
Electric Transmission	—		2,441		—		2,441
Electric Distribution	—		6,522		—		6,522
Gas Transmission	—		91		—		91
Gas Distribution	—		4,858		—		4,858
Construction Work in Progress	—		546		—		546
Plant Held for Future Use	—		9		—		9
Other	—		386		—		386
Total Transmission and Distribution	—		14,853		—		14,853
Other	80		89		494		663
Total	$	9,191	$	15,306	$	583	$	25,080

Power and PSE&G have ownership interests in and are responsible for providing their respective shares of the necessary financing for the following jointly-owned facilities. All amounts reflect the share of Power’s and PSE&G’s jointly-owned projects and the corresponding direct expenses are included in the Consolidated Statements of Operations as operating expenses.




	Ownership				Accumulated
December 31, 2012	Interest		Plant		Depreciation
			Millions
Power:
Coal Generating
Conemaugh	23	%	$	321	$	132
Keystone	23	%	$	387	$	128
Nuclear Generating
Peach Bottom	50	%	$	730	$	193
Salem	57	%	$	865	$	209
Nuclear Support Facilities	Various		$	191	$	29
Pumped Storage Facilities
Yards Creek	50	%	$	35	$	23
Merrill Creek Reservoir	14	%	$	1	$	—
PSE&G:
Transmission Facilities	Various		$	156	$	63




	Ownership				Accumulated
December 31, 2011	Interest		Plant		Depreciation
			Millions
Power:
Coal Generating
Conemaugh	23	%	$	289	$	126
Keystone	23	%	$	381	$	117
Nuclear Generating
Peach Bottom	50	%	$	559	$	171
Salem	57	%	$	807	$	211
Nuclear Support Facilities	Various		$	171	$	27
Pumped Storage Facilities
Yards Creek	50	%	$	34	$	23
Merrill Creek Reservoir	14	%	$	1	$	—
PSE&G:
Transmission Facilities	Various		$	152	$	61

Power holds undivided ownership interests in the jointly-owned facilities above, excluding related nuclear fuel and inventories. Power is entitled to shares of the generating capability and output of each unit equal to its respective ownership interests. Power also pays its ownership share of additional construction costs, fuel inventory purchases and operating expenses. Power’s share of expenses for the jointly-owned facilities is included in the appropriate expense category. Each owner is responsible for any financing with respect to its pro rata share of capital expenditures.

Power co-owns Salem and Peach Bottom with Exelon Generation. Power is the operator of Salem and Exelon Generation is the operator of Peach Bottom. A committee appointed by the co-owners provides oversight. Proposed Operation and Maintenance (O&M) budgets and requests for major capital expenditures are reviewed and approved as part of the normal Power governance process.

GenOn Northeast Management Company is a co-owner and the operator for Keystone Generating Station and Conemaugh Generating Station. A committee appointed by the co-owners provides oversight. Proposed O&M budgets and requests for major capital expenditures are reviewed and approved as part of the normal Power governance process.

Power is a co-owner in the Yards Creek Pumped Storage Generation Facility. Jersey Central Power & Light Company (JCP&L) is also a co-owner and the operator of this facility. JCP&L submits separate capital and O&M budgets, subject to Power's approval as part of the normal Power governance process.

Power is a minority owner in the Merrill Creek Reservoir and Environmental Preserve in Warren County, New Jersey. Merrill Creek Owners Group is the owner-operator of this facility. The operator submits separate capital and O&M budgets, subject to Power's approval as part of the normal Power governance process.