Debt and Credit Facilities Debt and Credit Facilities (Tables)

9 Months Ended

Sep. 30, 2016

Debt and Credit Facilities [Abstract]

Schedule of Line of Credit Facilities [Table Text Block]

Each of PSEG’s credit facilities is restricted as to availability and use to the specific companies as listed in the following table; however, if necessary, the PSEG facilities can also be used to support its subsidiaries’ liquidity needs. PSEG’s total credit facilities and available liquidity as of September 30, 2016 were as follows:

	As of September 30, 2016
Company/Facility	Total Facility		Usage (D)		Available Liquidity		Expiration Date	Primary Purpose
	Millions
PSEG
5-year Credit Facility	$	500	$	10	$	490	Apr 2019	Commercial Paper (CP) Support/Funding/Letters of Credit
5-year Credit Facility (A)	500		255		245		Apr 2020	CP Support/Funding/Letters of Credit
Total PSEG	$	1,000	$	265	$	735
PSE&G
5-year Credit Facility (B)	$	600	$	14	$	586	Apr 2020	CP Support/Funding/Letters of Credit
Total PSE&G	$	600	$	14	$	586
Power
5-year Credit Facility	$	1,600	$	194	$	1,406	Apr 2019	Funding/Letters of Credit
5-year Credit Facility (C)	953		11		942		Apr 2020	Funding/Letters of Credit
Total Power	$	2,553	$	205	$	2,348
Total	$	4,153	$	484	$	3,669

(A) PSEG facility will be reduced by $12 million in March 2018.

(B) PSE&G facility will be reduced by $14 million in March 2018.

(C) Power facility will be reduced by $24 million in March 2018.

(D) The primary use of PSEG’s and PSE&G’s credit facilities is to support their respective CP Programs. As of September 30, 2016, PSEG had $255 million outstanding under its CP Program at a weighted average interest rate of 0.79%. As of September 30, 2016, PSE&G had no amounts outstanding under its CP Program.