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Debt and Credit Facilities Debt and Credit Facilities (Tables)
 9 Months Ended
Sep. 30, 2020
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, 2020 were as follows:
As of September 30, 2020
Company/FacilityTotal
Facility		Usage (D)Available
Liquidity		Expiration
Date		Primary Purpose
Millions
PSEG
  5-year Credit Facilities (A)$1,500 $13 $1,487 Mar 2024Commercial Paper Support/Funding/Letters of Credit
Total PSEG$1,500 $13 $1,487 
PSE&G
  5-year Credit Facility (B)$600 $17 $583 Mar 2024Commercial Paper Support/Funding/Letters of Credit
Total PSE&G$600 $17 $583 
PSEG Power
  3-year Letter of Credit Facilities$200 $136 $64 Sept 2021Letters of Credit
  5-year Credit Facilities (C)1,900 39 1,861 Mar 2024Funding/Letters of Credit
Total PSEG Power$2,100 $175 $1,925 
Total$4,200 $205 $3,995 
(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 September 30, 2020, PSEG and PSE&G had no commercial paper outstanding.
Except as otherwise noted in the table above, in March 2020, PSEG, PSE&G and PSEG Power and their respective lenders agreed to extend the expiration dates on their credit agreements from March 2023 to March 2024.
Short-Term Loans
PSEG
In March 2020, PSEG entered into a $300 million, 364-day variable rate term loan agreement. In April 2020, PSEG entered into two 364-day variable rate term loan agreements for $200 million and $300 million which were prepaid in August 2020.