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Revenues Revenues (Tables)
 12 Months Ended
Dec. 31, 2019
Revenues [Abstract]  
Disaggregation of Revenue [Table Text Block]
Disaggregation of Revenues
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSE&G
 
PSEG Power
 
Other 
 
Eliminations
 
Consolidated
 
 
 
Millions
 
 
Year Ended December 31, 2019
 
 
 
 
 
 
 
 
 
 
 
Revenues from Contracts with Customers
 
 
 
 
 
 
 
 
 
 
 
Electric Distribution
$
3,224

 
$
—

 
$
—

 
$
—

 
$
3,224

 
 
Gas Distribution
1,870

 
—

 
—

 
(15
)
 
1,855

 
 
Transmission
1,181

 
—

 
—

 
—

 
1,181

 
 
Electricity and Related Product Sales
 
 
 
 
 
 
 
 
 
 
 
PJM
 
 
 
 
 
 
 
 
 
 
 
Third-Party Sales
—

 
1,785

 
—

 
—

 
1,785

 
 
Sales to Affiliates
—

 
536

 
—

 
(536
)
 
—

 
 
NY-ISO
—

 
143

 
—

 
—

 
143

 
 
ISO-NE
—

 
137

 
—

 
—

 
137

 
 
Gas Sales
 
 
 
 
 
 
 
 
 
 
 
Third-Party Sales
—

 
92

 
—

 
—

 
92

 
 
Sales to Affiliates
—

 
927

 
—

 
(927
)
 
—

 
 
Other Revenues from Contracts with Customers (A)
284

 
46

 
566

 
(5
)
 
891

 
 
Total Revenues from Contracts with Customers
6,559

 
3,666

 
566

 
(1,483
)
 
9,308

 
 
Revenues Unrelated to Contracts with Customers (B)
66

 
719

 
(17
)
 
—

 
768

 
 
Total Operating Revenues
$
6,625

 
$
4,385

 
$
549

 
$
(1,483
)
 
$
10,076

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSE&G
 
PSEG Power
 
Other 
 
Eliminations
 
Consolidated
 
 
 
Millions
 
 
Year Ended December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
Revenues from Contracts with Customers
 
 
 
 
 
 
 
 
 
 
 
Electric Distribution
$
3,131

 
$
—

 
$
—

 
$
—

 
$
3,131

 
 
Gas Distribution
1,756

 
—

 
—

 
(18
)
 
1,738

 
 
Transmission
1,236

 
—

 
—

 
—

 
1,236

 
 
Electricity and Related Product Sales
 
 
 
 
 
 
 
 
 
 
 
 PJM
 
 
 
 
 
 
 
 
 
 
 
Third-Party Sales
—

 
1,933

 
—

 
—

 
1,933

 
 
         Sales to Affiliates
—

 
609

 
—

 
(609
)
 
—

 
 
NY-ISO
—

 
209

 
—

 
—

 
209

 
 
ISO-NE
—

 
92

 
—

 
—

 
92

 
 
Gas Sales
 
 
 
 
 
 
 
 
 
 
 
Third-Party Sales
—

 
151

 
—

 
—

 
151

 
 
Sales to Affiliates
—

 
861

 
—

 
(861
)
 
—

 
 
Other Revenues from Contracts with Customers (A)
275

 
44

 
532

 
(4
)
 
847

 
 
Total Revenues from Contracts with Customers
6,398

 
3,899

 
532

 
(1,492
)
 
9,337

 
 
Revenues Unrelated to Contracts with Customers (B)
73

 
247

 
39

 
—

 
359

 
 
Total Operating Revenues
$
6,471

 
$
4,146

 
$
571

 
$
(1,492
)
 
$
9,696

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSE&G
 
PSEG Power
 
Other 
 
Eliminations
 
Consolidated
 
 
 
Millions
 
 
Year Ended December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
Revenues from Contracts with Customers
 
 
 
 
 
 
 
 
 
 
 
Electric Distribution
$
3,088

 
$
—

 
$
—

 
$
—

 
$
3,088

 
 
Gas Distribution
1,684

 
—

 
—

 
(14
)
 
1,670

 
 
Transmission
1,222

 
—

 
—

 
—

 
1,222

 
 
Electricity and Related Product Sales
 
 
 
 
 
 
 
 
 
 
 
 PJM
 
 
 
 
 
 
 
 
 
 
 
Third-Party Sales
—

 
1,199

 
—

 
—

 
1,199

 
 
         Sales to Affiliates
—

 
734

 
—

 
(734
)
 
—

 
 
NY-ISO
—

 
181

 
—

 
—

 
181

 
 
ISO-NE
—

 
39

 
—

 
—

 
39

 
 
Gas Sales
 
 
 
 
 
 
 
 
 
 
 
Third-Party Sales
—

 
134

 
—

 
—

 
134

 
 
Sales to Affiliates
—

 
804

 
—

 
(804
)
 
—

 
 
Other Revenues from Contracts with Customers (A)
265

 
42

 
511

 
(4
)
 
814

 
 
Total Revenues from Contracts with Customers
6,259

 
3,133

 
511

 
(1,556
)
 
8,347

 
 
Revenues Unrelated to Contracts with Customers (B)
65

 
727

 
(45
)
 
—

 
747

 
 
Total Operating Revenues
$
6,324

 
$
3,860

 
$
466

 
$
(1,556
)
 
$
9,094

 
 
 
 
 
 
 
 
 
 
 
 
 
(A)
Includes primarily revenues from appliance repair services at PSE&G, solar power projects and energy management and fuel service contracts with LIPA at PSEG Power, and PSEG LI’s OSA with LIPA in Other.
(B)
Includes primarily alternative revenues at PSE&G, derivative contracts at PSEG Power, and lease contracts in Other. For the years ended December 31, 2019, 2018 and 2017, Other includes losses of $58 million, $8 million and $77 million, respectively, related to Energy Holdings’ investments in leases. For additional information, see Note 9. Long-Term Investments.
Revenue, Capacity Auction Obligations [Table Text Block]
 
 
 
 
 
 
 
 
 
Delivery Year
 
$ per Megawatt (MW)-Day
 
   MW Cleared
 
 
June 2019 to May 2020
 
$116
 
8,300

 
 
June 2020 to May 2021
 
$179
 
7,300

 
 
June 2021 to May 2022
 
$182
 
6,900

 
 
 
 
 
 
 
 
Capacity Payments from the ISO-NE Forward Capacity Market—The Forward Capacity Market (FCM) Auction is conducted annually three years in advance of the operating period. The table below includes PSEG Power’s cleared capacity in the FCM Auction for the Bridgeport Harbor Station 5 (BH5), which cleared the 2019/2020 auction at $231/MW-day for seven years, and the planned retirement of Bridgeport Harbor Station 3 (BH3) in 2021. PSEG Power expects to realize the following average capacity prices for capacity obligations to be satisfied resulting from the FCM auctions which have been completed:
 
 
 
 
 
 
 
 
 
Delivery Year
 
$ per MW-Day (A)
 
MW Cleared

 
 
June 2019 to May 2020
 
$231
 
1,330

 
 
June 2020 to May 2021
 
$195
 
1,330

 
 
June 2021 to May 2022
 
$192
 
950

 
 
June 2022 to May 2023
 
$179
 
950

 
 
June 2023 to May 2024
 
$231
 
480

 
 
June 2024 to May 2025
 
$231
 
480

 
 
June 2025 to May 2026
 
$231
 
480

 
 
 
 
 
 
 
 
(A)
Capacity cleared prices for BH5 through 2026 will be escalated based upon the Handy-Whitman Index. These adjustments are not included above.            
Bilateral capacity contracts—Capacity obligations pursuant to contract terms through 2029 are anticipated to result in revenues totaling $168 million.