Debt and Credit Facilities Debt and Credit Facilities (Tables)

6 Months Ended

Jun. 30, 2019

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 June 30, 2019 were as follows:

	As of June 30, 2019
Company/Facility	Total Facility		Usage (D)		Available Liquidity		Expiration Date	Primary Purpose
	Millions
PSEG
5-year Credit Facilities (A)	$	1,500	$	188	$	1,312	Mar 2023	Commercial Paper Support/Funding/Letters of Credit
Total PSEG	$	1,500	$	188	$	1,312
PSE&G
5-year Credit Facility (B)	$	600	$	206	$	394	Mar 2023	Commercial Paper Support/Funding/Letters of Credit
Total PSE&G	$	600	$	206	$	394
PSEG Power
3-year Letter of Credit Facilities	$	200	$	129	$	71	Sept 2021	Letters of Credit
5-year Credit Facilities (C)	1,900		40		1,860		Mar 2023	Funding/Letters of Credit
Total PSEG Power	$	2,100	$	169	$	1,931
Total	$	4,200	$	563	$	3,637

(A) PSEG facilities will be reduced by $9 million in March 2022.

(B) PSE&G facility will be reduced by $4 million in March 2022.

(C) PSEG Power facilities will be reduced by $12 million in March 2022.

(D)

The primary use of PSEG’s and PSE&G’s credit facilities is to support their respective Commercial Paper Programs, under which as of June 30, 2019, PSEG had $175 million outstanding at a weighted average interest rate of 2.57%. PSE&G had $190 million outstanding at a weighted average interest rate of 2.55% under its Commercial Paper Program as of June 30, 2019.