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Regulatory Assets And Liabilities (Tables)
12 Months Ended
Dec. 31, 2018
Regulatory Assets and Liabilities Disclosure [Abstract]  
Schedule of Regulatory Assets
PSE&G had the following Regulatory Assets and Liabilities:
 
 
 
 
 
 
 
 
 
 
As of December 31,
 
 
 
 
2018
 
2017
 
 
 
 
Millions
 
 
Regulatory Assets
 
 
 
 
 
 
Current
 
 
 
 
 
 
New Jersey Clean Energy Program
 
$
143

 
$
128

 
 
Electric Energy Costs—Basic Generation Service (BGS)
 
115

 
23

 
 
Storm Damage and Other
 
56

 

 
 
Green Program Recovery Charges (GPRC)
 
34

 
8

 
 
Weather Normalization Clause (WNC)
 
2

 
40

 
 
Other
 
39

 
12

 
 
Total Current Regulatory Assets
 
$
389

 
$
211

 
 
Noncurrent
 
 
 
 
 
 
Pension and OPEB Costs
 
$
1,090

 
$
1,488

 
 
Deferred Income Tax Regulatory Assets
 
896

 
282

 
 
Manufactured Gas Plant (MGP) Remediation Costs
 
321

 
358

 
 
Electric Transmission and Gas Cost of Removal
 
223

 
199

 
 
Storm Damage and Other
 
214

 
241

 
 
Remediation Adjustment Charge (RAC) (Other Societal Benefits Charge (SBC))
 
175

 
172

 
 
Asset Retirement Obligation
 
166

 
162

 
 
GPRC
 
95

 
98

 
 
Unamortized Loss on Reacquired Debt and Debt Expense
 
49

 
55

 
 
Gas Costs—BGSS
 
31

 
30

 
 
Other
 
139

 
137

 
 
Total Noncurrent Regulatory Assets
 
$
3,399

 
$
3,222

 
 
Total Regulatory Assets
 
$
3,788

 
$
3,433

 
 
 
 
 
 
 
 
Schedule of Regulatory Liabilities
 
 
 
 
 
 
 
 
 
 
As of December 31,
 
 
 
 
2018
 
2017
 
 
 
 
Millions
 
 
Regulatory Liabilities
 
 
 
 
 
 
Current
 
 
 
 
 
 
Deferred Income Tax Regulatory Liabilities
 
$
299

 
$

 
 
Gas Costs —BGSS
 

 
30

 
 
Gas Margin Adjustment Clause
 
8

 
12

 
 
Other
 
4

 
5

 
 
Total Current Regulatory Liabilities
 
$
311

 
$
47

 
 
Noncurrent
 
 
 
 
 
 
Deferred Income Tax Regulatory Liabilities
 
$
3,170

 
$
2,868

 
 
Electric Distribution Cost of Removal
 
51

 
80

 
 
Total Noncurrent Regulatory Liabilities
 
$
3,221

 
$
2,948

 
 
Total Regulatory Liabilities
 
$
3,532

 
$
2,995