Regulatory Assets And Liabilities (Tables)

12 Months Ended

Dec. 31, 2012

Regulatory Assets and Liabilities Disclosure [Abstract]

Schedule Of Regulatory Assets And Liabilities

PSE&G had the following Regulatory Assets and Liabilities:

	As of December 31,
	2012		2011		Recovery/Refund Period
	Millions
Regulatory Assets
Current:
Underrecovered Electric Energy Costs—Basic Generation Service (BGS)	$	—	$	28	Various (1) (2)
Societal Benefits Charges (SBC)	74		87		Annual filing for recovery (1) (2)
Solar and Energy Efficiency Recovery Charges (RRC)	33		6		Annual filing for recovery (1) (2)
Solar Pilot Recovery Charge (SPRC)	14		4		Annual filing for recovery (1) (2)
Capital Stimulus Undercollection	34		21		Annual filing for recovery (1) (2)
Weather Normalization Clause (WNC)	30		2		Annual filing for recovery (2)
New Jersey Clean Energy Program	154		—		Annual filing for recovery (1) (2)
Other	10		19		Various
Total Current Regulatory Assets	$	349	$	167
Noncurrent
Stranded Costs To Be Recovered	$	1,112	$	1,460	Through December 2016 (1) (2)
Manufactured Gas Plant (MGP) Remediation Costs	588		635		Various (2)
Pension and Other Postretirement	1,550		1,280		Various
Deferred Income Taxes	405		393		Various
Remediation Adjustment Charge (RAC) (Other SBC)	88		92		Through 2019 (1) (2)
New Jersey Clean Energy Program	—		253		Through February 2013 (1) (2)
Mark-to-Market (MTM) Contracts	107		110		Various
Unamortized Loss on Reacquired Debt and Debt Expense	89		96		Over remaining debt life (1)
Conditional Asset Retirement Obligation	110		84		Various
Gas Margin Adjustment Clause	7		29		Through July 2015 (2)
RRC	142		140		Various (2)
WNC Deferral	27		—		Annual filing for recovery (2)
Storm Damage Deferral	244		68		To be determined
Other	74		90		Various
Total Noncurrent Regulatory Assets	$	4,543	$	4,730
Total Regulatory Assets	$	4,892	$	4,897

	As of December 31,
	2012		2011		Recovery/Refund Period
	Millions
Regulatory Liabilities
Current:
Market Transition Charge (MTC) Refund, net	$	—	$	23	Through June 2012 (2)
Deferred Income Taxes	32		39		Various
Overrecovered Gas and Electric Costs—Basic Gas Supply Service (BGSS) and Basic Generation Service (BGS)	21		30		Annual filing for recovery (1) (2)
FERC Formula Rate True-up	5		1		Annual filing for recovery (1) (2)
Non-Utility Generation Charge (NGC)	9		5		Annual filing for recovery (1) (2)
Other	—		2		Various
Total Current Regulatory Liabilities	$	67	$	100
Noncurrent:
Electric Cost of Removal	$	166	$	222	Reduced as cost is incurred
MTM Contracts	40		—		Various
Other	13		15		Various
Total Noncurrent Regulatory Liabilities	$	219	$	237
Total Regulatory Liabilities	$	286	$	337

(1) Recovered/Refunded with interest.

(2) Recoverable/Refundable per specific rate order.