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, 2016 and 2015 is detailed below:




	PSE&G		Power		Other		PSEG Consolidated
	Millions
2016
Transmission and Distribution:
Electric Transmission	$	9,132	$	—	$	—	$	9,132
Electric Distribution	7,974		—		—		7,974
Gas Transmission	89		—		—		89
Gas Distribution	6,369		—		—		6,369
Construction Work in Progress	1,501		—		—		1,501
Plant Held for Future Use	19		—		—		19
Other	439		—		—		439
Total Transmission and Distribution	25,523		—		—		25,523
Generation:
Fossil Production	—		7,096		—		7,096
Nuclear Production	—		2,516		—		2,516
Nuclear Fuel in Service	—		783		—		783
Other Production-Solar	591		687		—		1,278
Construction Work in Progress	—		1,483		—		1,483
Total Generation	591		12,565		—		13,156
Other	233		90		335		658
Total	$	26,347	$	12,655	$	335	$	39,337




	PSE&G		Power		Other		PSEG Consolidated
	Millions
2015
Transmission and Distribution:
Electric Transmission	$	7,554	$	—	$	—	$	7,554
Electric Distribution	7,553		—		—		7,553
Gas Transmission	89		—		—		89
Gas Distribution	5,875		—		—		5,875
Construction Work in Progress	1,459		—		—		1,459
Plant Held for Future Use	26		—		—		26
Other	411		—		—		411
Total Transmission and Distribution	22,967		—		—		22,967
Generation:
Fossil Production	—		7,005		—		7,005
Nuclear Production	—		2,202		—		2,202
Nuclear Fuel in Service	—		785		—		785
Other Production-Solar	569		389		—		958
Construction Work in Progress	—		892		—		892
Total Generation	569		11,273		—		11,842
Other	196		81		408		685
Total	$	23,732	$	11,354	$	408	$	35,494

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




			As of December 31,
			2016				2015
	Ownership				Accumulated				Accumulated
	Interest		Plant		Depreciation		Plant		Depreciation
			Millions
PSE&G:
Transmission Facilities	Various		$	169	$	65	$	166	$	72
Power:
Coal Generating:
Conemaugh	23	%	$	408	$	166	$	404	$	154
Keystone	23	%	$	409	$	176	$	408	$	163
Nuclear Generating:
Peach Bottom	50	%	$	1,272	$	306	$	1,219	$	262
Salem	57	%	$	1,077	$	304	$	990	$	276
Nuclear Support Facilities	Various		$	238	$	71	$	226	$	60
Pumped Storage Facilities:
Yards Creek	50	%	$	42	$	25	$	42	$	24
Merrill Creek Reservoir	14	%	$	1	$	—	$	1	$	—

Power holds undivided ownership interests in the jointly-owned facilities above. 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 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 [Line Items]

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, 2016 and 2015 is detailed below:




	PSE&G		Power		Other		PSEG Consolidated
	Millions
2016
Transmission and Distribution:
Electric Transmission	$	9,132	$	—	$	—	$	9,132
Electric Distribution	7,974		—		—		7,974
Gas Transmission	89		—		—		89
Gas Distribution	6,369		—		—		6,369
Construction Work in Progress	1,501		—		—		1,501
Plant Held for Future Use	19		—		—		19
Other	439		—		—		439
Total Transmission and Distribution	25,523		—		—		25,523
Generation:
Fossil Production	—		7,096		—		7,096
Nuclear Production	—		2,516		—		2,516
Nuclear Fuel in Service	—		783		—		783
Other Production-Solar	591		687		—		1,278
Construction Work in Progress	—		1,483		—		1,483
Total Generation	591		12,565		—		13,156
Other	233		90		335		658
Total	$	26,347	$	12,655	$	335	$	39,337




	PSE&G		Power		Other		PSEG Consolidated
	Millions
2015
Transmission and Distribution:
Electric Transmission	$	7,554	$	—	$	—	$	7,554
Electric Distribution	7,553		—		—		7,553
Gas Transmission	89		—		—		89
Gas Distribution	5,875		—		—		5,875
Construction Work in Progress	1,459		—		—		1,459
Plant Held for Future Use	26		—		—		26
Other	411		—		—		411
Total Transmission and Distribution	22,967		—		—		22,967
Generation:
Fossil Production	—		7,005		—		7,005
Nuclear Production	—		2,202		—		2,202
Nuclear Fuel in Service	—		785		—		785
Other Production-Solar	569		389		—		958
Construction Work in Progress	—		892		—		892
Total Generation	569		11,273		—		11,842
Other	196		81		408		685
Total	$	23,732	$	11,354	$	408	$	35,494

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




			As of December 31,
			2016				2015
	Ownership				Accumulated				Accumulated
	Interest		Plant		Depreciation		Plant		Depreciation
			Millions
PSE&G:
Transmission Facilities	Various		$	169	$	65	$	166	$	72
Power:
Coal Generating:
Conemaugh	23	%	$	408	$	166	$	404	$	154
Keystone	23	%	$	409	$	176	$	408	$	163
Nuclear Generating:
Peach Bottom	50	%	$	1,272	$	306	$	1,219	$	262
Salem	57	%	$	1,077	$	304	$	990	$	276
Nuclear Support Facilities	Various		$	238	$	71	$	226	$	60
Pumped Storage Facilities:
Yards Creek	50	%	$	42	$	25	$	42	$	24
Merrill Creek Reservoir	14	%	$	1	$	—	$	1	$	—

Power holds undivided ownership interests in the jointly-owned facilities above. 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 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.