Debt and Credit Facilities Debt and Credit Facilities (Tables)

9 Months Ended

Sep. 30, 2018

Debt and Credit Facilities [Abstract]

Schedule of Line of Credit Facilities [Table Text Block]

Each of the 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. The total credit facilities and available liquidity as of September 30, 2018 were as follows:

	As of September 30, 2018
Company/Facility	Total Facility		Usage		Available Liquidity		Expiration Date	Primary Purpose
	Millions
PSEG
5-year Credit Facilities (A)	$	1,500	$	393	$	1,107	Mar 2022	Commercial Paper Support/Funding/Letters of Credit
Total PSEG	$	1,500	$	393	$	1,107
PSE&G
5-year Credit Facility (A)	$	600	$	56	$	544	Mar 2022	Commercial Paper Support/Funding/Letters of Credit
Total PSE&G	$	600	$	56	$	544
Power
3-year Letter of Credit Facility	$	100	$	62	$	38	Mar 2020	Letters of Credit
3-year Letter of Credit Facilities	200		100		$	100	Sept 2021	Letters of Credit
5-year Credit Facilities	1,900		51		1,849		Mar 2022	Funding/Letters of Credit
Total Power	$	2,200	$	213	$	1,987
Total	$	4,300	$	662	$	3,638

(A) The primary use of PSEG’s and PSE&G’s credit facilities is to support their respective Commercial Paper Programs, under which as of September 30, 2018, PSEG had $379 million outstanding at a weighted average interest rate of 2.54%. PSE&G had $40 million outstanding at a weighted average interest rate of 2.35% under its Commercial Paper Program as of September 30, 2018.