Regulatory Assets And Liabilities (Tables)

12 Months Ended

Dec. 31, 2014

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,
	2014		2013		Recovery/Refund Period
	Millions
Regulatory Assets
Current
Non-Utility Generation Charge (NGC)	$	—	$	6	Annual filing for recovery (1) (2)
Societal Benefits Charges (SBC)	—		16		Annual filing for recovery (1) (2)
Solar and Energy Efficiency Recovery Charges (formerly RRC and currently Green Program Recovery Charges (GPRC))	13		41		Annual filing for recovery (1) (2)
Solar Pilot Recovery Charge (SPRC)	—		12		Annual filing for recovery (1) (2)
Capital Stimulus Undercollection	—		3		Annual filing for recovery (1) (2)
Weather Normalization Clause (WNC)	—		20		Annual filing for recovery (2)
New Jersey Clean Energy Program	142		142		Annual filing for recovery (1) (2)
Stranded Costs (including $249 in 2014 related to VIEs)	412		—		Through December 2015 (2)
Other	5		3		Various
Total Current Regulatory Assets	$	572	$	243
Noncurrent
Stranded Costs (including $476 in 2013 related to VIEs)	$	—	$	701	Through December 2016 (1) (2)
Manufactured Gas Plant (MGP) Remediation Costs	434		445		Various (2)
Pension and OPEB Costs	1,265		637		Various
Deferred Income Taxes	473		444		Various
Remediation Adjustment Charge (RAC) (Other SBC)	164		144		Through 2021 (1) (2)
Mark-to-Market (MTM) Contracts	75		—		Through 2017
Unamortized Loss on Reacquired Debt and Debt Expense	74		81		Over remaining debt life (1)
Conditional Asset Retirement Obligation	138		123		Various
GPRC	134		151		Various (2)
Electric Cost of Removal	91		23		Reduced as cost is incurred
Storm Damage Deferrals	245		245		To be determined
Other	99		94		Various
Total Noncurrent Regulatory Assets	$	3,192	$	3,088
Total Regulatory Assets	$	3,764	$	3,331

	As of December 31,
	2014		2013		Recovery/Refund Period
	Millions
Regulatory Liabilities
Current
Deferred Income Taxes	$	28	$	31	Various
Overrecovered Gas and Electric Costs—Basic Gas Supply Service (BGSS) and Basic Generation Service (BGS)	80		9		Annual filing for recovery (1) (2)
WNC	31		—		Annual filing for recovery (2)
Gas Margin Adjustment Clause	28		—		Annual filing for recovery (1) (2)
Other	19		3		Various
Total Current Regulatory Liabilities	$	186	$	43
Noncurrent
Electric Cost of Removal	$	133	$	137	Reduced as cost is incurred
MTM Contracts	—		74		Various
Stranded Costs (including $39 and $11 in 2014 and 2013, respectively, related to VIEs)	134		11		Through December 2016 (1) (2)
FERC Formula Rate True-up	26		—		Through December 2016 (1) (2)
Other	4		22		Various
Total Noncurrent Regulatory Liabilities	$	297	$	244
Total Regulatory Liabilities	$	483	$	287

(1) Recovered/Refunded with interest.

(2) Recoverable/Refundable per specific rate order.