Other Income (Deductions)

9 Months Ended

Sep. 30, 2020

Component of Other Income (Deductions) [Line Items]

Other Income (Deductions)

Other Income (Deductions)

	PSE&G		PSEG Power		Other (A)		Consolidated
	Millions
Three Months Ended September 30, 2020
NDT Fund Interest and Dividends	$	—	$	12	$	—	$	12
Allowance for Funds Used During Construction	24		—		—		24
Solar Loan Interest	3		—		—		3
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		—		—		—
Other	1		(1)		—		—
Total Other Income (Deductions)	$	28	$	11	$	—	$	39
Nine Months Ended September 30, 2020
NDT Fund Interest and Dividends	$	—	$	39	$	—	$	39
Allowance for Funds Used During Construction	65		—		—		65
Solar Loan Interest	11		—		—		11
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		(36)		—		(36)
Other	5		(3)		—		2
Total Other Income (Deductions)	$	81	$	—	$	—	$	81
Three Months Ended September 30, 2019
NDT Fund Interest and Dividends	$	—	$	14	$	—	$	14
Allowance for Funds Used During Construction	14		—		—		14
Solar Loan Interest	4		—		—		4
Other	4		1		(2)		3
Total Other Income (Deductions)	$	22	$	15	$	(2)	$	35
Nine Months Ended September 30, 2019
NDT Fund Interest and Dividends	$	—	$	44	$	—	$	44
Allowance for Funds Used During Construction	41		—		—		41
Solar Loan Interest	12		—		—		12
Other	7		(1)		(2)		4
Total Other Income (Deductions)	$	60	$	43	$	(2)	$	101

(A)Other consists of activity at PSEG (as parent company), Energy Holdings, Services, PSEG LI and intercompany eliminations.

Public Service Electric and Gas Company [Member]

Component of Other Income (Deductions) [Line Items]

Other Income (Deductions)

Other Income (Deductions)

	PSE&G		PSEG Power		Other (A)		Consolidated
	Millions
Three Months Ended September 30, 2020
NDT Fund Interest and Dividends	$	—	$	12	$	—	$	12
Allowance for Funds Used During Construction	24		—		—		24
Solar Loan Interest	3		—		—		3
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		—		—		—
Other	1		(1)		—		—
Total Other Income (Deductions)	$	28	$	11	$	—	$	39
Nine Months Ended September 30, 2020
NDT Fund Interest and Dividends	$	—	$	39	$	—	$	39
Allowance for Funds Used During Construction	65		—		—		65
Solar Loan Interest	11		—		—		11
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		(36)		—		(36)
Other	5		(3)		—		2
Total Other Income (Deductions)	$	81	$	—	$	—	$	81
Three Months Ended September 30, 2019
NDT Fund Interest and Dividends	$	—	$	14	$	—	$	14
Allowance for Funds Used During Construction	14		—		—		14
Solar Loan Interest	4		—		—		4
Other	4		1		(2)		3
Total Other Income (Deductions)	$	22	$	15	$	(2)	$	35
Nine Months Ended September 30, 2019
NDT Fund Interest and Dividends	$	—	$	44	$	—	$	44
Allowance for Funds Used During Construction	41		—		—		41
Solar Loan Interest	12		—		—		12
Other	7		(1)		(2)		4
Total Other Income (Deductions)	$	60	$	43	$	(2)	$	101

(A)Other consists of activity at PSEG (as parent company), Energy Holdings, Services, PSEG LI and intercompany eliminations.

PSEG Power [Member]

Component of Other Income (Deductions) [Line Items]

Other Income (Deductions)

Other Income (Deductions)

	PSE&G		PSEG Power		Other (A)		Consolidated
	Millions
Three Months Ended September 30, 2020
NDT Fund Interest and Dividends	$	—	$	12	$	—	$	12
Allowance for Funds Used During Construction	24		—		—		24
Solar Loan Interest	3		—		—		3
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		—		—		—
Other	1		(1)		—		—
Total Other Income (Deductions)	$	28	$	11	$	—	$	39
Nine Months Ended September 30, 2020
NDT Fund Interest and Dividends	$	—	$	39	$	—	$	39
Allowance for Funds Used During Construction	65		—		—		65
Solar Loan Interest	11		—		—		11
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		(36)		—		(36)
Other	5		(3)		—		2
Total Other Income (Deductions)	$	81	$	—	$	—	$	81
Three Months Ended September 30, 2019
NDT Fund Interest and Dividends	$	—	$	14	$	—	$	14
Allowance for Funds Used During Construction	14		—		—		14
Solar Loan Interest	4		—		—		4
Other	4		1		(2)		3
Total Other Income (Deductions)	$	22	$	15	$	(2)	$	35
Nine Months Ended September 30, 2019
NDT Fund Interest and Dividends	$	—	$	44	$	—	$	44
Allowance for Funds Used During Construction	41		—		—		41
Solar Loan Interest	12		—		—		12
Other	7		(1)		(2)		4
Total Other Income (Deductions)	$	60	$	43	$	(2)	$	101

(A)Other consists of activity at PSEG (as parent company), Energy Holdings, Services, PSEG LI and intercompany eliminations.