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Regulatory Assets And Liabilities (Tables)
12 Months Ended
Dec. 31, 2013
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,
 
 
 
 
 
 
2013
 
2012
 
Recovery/Refund Period
 
 
 
 
Millions
 
 
 
 
Regulatory Assets
 
 
 
 
 
 
 
 
Current
 
 
 
 
 
 
 
 
Non-Utility Generation Charge (NGC)
 
$
6

 
$

 
Annual filing for recovery (1) (2)
 
 
Societal Benefits Charges (SBC)
 
16

 
74

 
Annual filing for recovery (1) (2)
 
 
Solar and Energy Efficiency Recovery Charges (formerly RRC and currently Green Program Recovery Charges (GPRC))
 
41

 
33

 
Annual filing for recovery (1) (2)
 
 
Solar Pilot Recovery Charge (SPRC)
 
12

 
14

 
Annual filing for recovery (1) (2)
 
 
Capital Stimulus Undercollection
 
3

 
34

 
Annual filing for recovery (1) (2)
 
 
Weather Normalization Clause (WNC)
 
20

 
30

 
Annual filing for recovery (2)
 
 
New Jersey Clean Energy Program
 
142

 
154

 
Annual filing for recovery (1) (2)
 
 
Other
 
3

 
10

 
Various
 
 
Total Current Regulatory Assets
 
$
243

 
$
349

 
 
 
 
Noncurrent
 
 
 
 
 
 
 
 
Stranded Costs To Be Recovered
 
$
701

 
$
1,112

 
Through December 2016 (1) (2)
 
 
Manufactured Gas Plant (MGP) Remediation Costs
 
445

 
588

 
Various (2)
 
 
Pension and Other Postretirement Benefit Costs
 
637

 
1,550

 
Various
 
 
Deferred Income Taxes
 
444

 
405

 
Various
 
 
Remediation Adjustment Charge (RAC) (Other SBC)
 
144

 
88

 
Through 2019 (1) (2)
 
 
Mark-to-Market (MTM) Contracts
 

 
107

 
See MTM Contracts below
 
 
Unamortized Loss on Reacquired Debt and Debt Expense
 
81

 
89

 
Over remaining debt life (1)
 
 
Conditional Asset Retirement Obligation
 
123

 
110

 
Various
 
 
Gas Margin Adjustment Clause
 

 
7

 
Through July 2015 (2)
 
 
GPRC
 
151

 
142

 
Various (2)
 
 
WNC
 

 
27

 
Annual filing for recovery (2)
 
 
Storm Damage Deferral
 
245

 
244

 
To be determined
 
 
Other
 
117

 
74

 
Various
 
 
Total Noncurrent Regulatory Assets
 
$
3,088

 
$
4,543

 
 
 
 
Total Regulatory Assets
 
$
3,331

 
$
4,892

 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31,
 
  
 
 
 
 
2013
 
2012
 
Recovery/Refund Period
 
 
 
 
Millions
 
 
 
 
Regulatory Liabilities
 
 
 
 
 
 
 
 
Current
 
 
 
 
 
 
 
 
Deferred Income Taxes
 
$
31

 
$
32

 
Various
 
 
Overrecovered Gas and Electric Costs—Basic Gas Supply Service (BGSS) and Basic Generation Service (BGS)
 
9

 
21

 
Annual filing for recovery (1) (2)
 
 
FERC Formula Rate True-up
 

 
5

 
Annual filing for recovery (1) (2)
 
 
NGC
 

 
9

 
Annual filing for recovery (1) (2)
 
 
Other
 
3

 

 
Various
 
 
Total Current Regulatory Liabilities
 
$
43

 
$
67

 
 
 
 
Noncurrent
 
 
 
 
 
 
 
 
Electric Cost of Removal
 
$
137

 
$
166

 
Reduced as cost is incurred
 
 
MTM Contracts
 
74

 
40

 
Various
 
 
Other
 
33

 
13

 
Various
 
 
Total Noncurrent Regulatory Liabilities
 
$
244

 
$
219

 
 
 
 
Total Regulatory Liabilities
 
$
287

 
$
286

 
 
 
 
 
 
 
 
 
 
 
 
(1)
Recovered/Refunded with interest.
(2)
Recoverable/Refundable per specific rate order.