XML 71 R51.htm IDEA: XBRL DOCUMENT v3.20.2
Revenues Revenues (Details)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2020
USD ($)
$ / mwd
MW
Sep. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
$ / mwd
MW
Sep. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
Jan. 01, 2020
USD ($)
Dec. 31, 2019
USD ($)
Jan. 01, 2019
USD ($)
Dec. 31, 2018
USD ($)
Revenues [Line Items]                  
Cumulative Effect Adjustment             $ (2) $ 81  
Revenue from Contract with Customers $ 2,415 $ 2,308 $ 6,889 $ 7,086          
Revenues Unrelated to Contracts with Customers [1] (45) (6) 312 512          
Total Operating Revenues 2,370 2,302 7,201 7,598          
Electric Distribution Contracts [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 1,157 1,096 2,529 2,613          
Gas Distribution [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 112 125 1,117 1,261          
Electric Transmission [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 370 295 1,114 887          
Electricity and Related Products [Member] | PJM [Member] | Third Party Sales [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 464 488 1,178 1,426          
Electricity and Related Products [Member] | PJM [Member] | Sales to Affiliates [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Electricity and Related Products [Member] | NY ISO [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 36 38 85 108          
Electricity and Related Products [Member] | ISO New England [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 13 37 86 85          
Gas Sales [Member] | Third Party Sales [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 14 12 58 70          
Gas Sales [Member] | Sales to Affiliates [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Other Revenues from Contracts with Customers [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers [2] $ 249 217 $ 722 636          
Public Service Electric and Gas Company [Member]                  
Revenues [Line Items]                  
Allowances percentage of accounts receivable 12.00%   12.00%       6.00%    
Revenue from Contract with Customers $ 1,719 1,585 $ 5,009 4,968          
Revenues Unrelated to Contracts with Customers [1] (59) 19 (10) 50          
Total Operating Revenues 1,660 1,604 4,999 5,018          
Public Service Electric and Gas Company [Member] | Electric Distribution Contracts [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 1,157 1,096 2,529 2,613          
Public Service Electric and Gas Company [Member] | Gas Distribution [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 116 130 1,125 1,272          
Public Service Electric and Gas Company [Member] | Electric Transmission [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 370 295 1,114 887          
Public Service Electric and Gas Company [Member] | Electricity and Related Products [Member] | PJM [Member] | Third Party Sales [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Public Service Electric and Gas Company [Member] | Electricity and Related Products [Member] | PJM [Member] | Sales to Affiliates [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Public Service Electric and Gas Company [Member] | Electricity and Related Products [Member] | NY ISO [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Public Service Electric and Gas Company [Member] | Electricity and Related Products [Member] | ISO New England [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Public Service Electric and Gas Company [Member] | Gas Sales [Member] | Third Party Sales [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Public Service Electric and Gas Company [Member] | Gas Sales [Member] | Sales to Affiliates [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Public Service Electric and Gas Company [Member] | Other Revenues from Contracts with Customers [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers [2] 76 64 241 196          
PSEG Power [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 713 806 2,327 2,781          
Revenues Unrelated to Contracts with Customers [1] 33 (35) 322 489          
Total Operating Revenues 746 771 2,649 3,270          
Anticipated Contract Revenues $ 146   $ 146            
PSEG Power [Member] | PJM [Member] | June 2020 to May 2021 [Member]                  
Revenues [Line Items]                  
Dollars Per Megawatt-Day | $ / mwd 167   167            
Load (MW) | MW 7,600   7,600            
PSEG Power [Member] | PJM [Member] | June 2021 to May 2022 [Member]                  
Revenues [Line Items]                  
Dollars Per Megawatt-Day | $ / mwd 180   180            
Load (MW) | MW 7,000   7,000            
PSEG Power [Member] | ISO New England [Member] | June 2019 to May 2020 [Member]                  
Revenues [Line Items]                  
Dollars Per Megawatt-Day | $ / mwd 231   231            
PSEG Power [Member] | ISO New England [Member] | June 2020 to May 2021 [Member]                  
Revenues [Line Items]                  
Dollars Per Megawatt-Day | $ / mwd 195   195            
Load (MW) | MW 1,330   1,330            
PSEG Power [Member] | ISO New England [Member] | June 2021 to May 2022 [Member]                  
Revenues [Line Items]                  
Dollars Per Megawatt-Day | $ / mwd 192   192            
Load (MW) | MW 950   950            
PSEG Power [Member] | ISO New England [Member] | June 2022 to May 2023 [Member]                  
Revenues [Line Items]                  
Dollars Per Megawatt-Day | $ / mwd 179   179            
Load (MW) | MW 950   950            
PSEG Power [Member] | ISO New England [Member] | June 2023 to May 2024 [Member]                  
Revenues [Line Items]                  
Dollars Per Megawatt-Day | $ / mwd 152   152            
Load (MW) | MW 930   930            
PSEG Power [Member] | ISO New England [Member] | June 2024 to May 2025 [Member]                  
Revenues [Line Items]                  
Dollars Per Megawatt-Day | $ / mwd 231   231            
Load (MW) | MW 480   480            
PSEG Power [Member] | ISO New England [Member] | June 2025 to May 2026 [Member]                  
Revenues [Line Items]                  
Dollars Per Megawatt-Day | $ / mwd 231   231            
Load (MW) | MW 480   480            
PSEG Power [Member] | Electric Distribution Contracts [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers $ 0 0 $ 0 0          
PSEG Power [Member] | Gas Distribution [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
PSEG Power [Member] | Electric Transmission [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
PSEG Power [Member] | Electricity and Related Products [Member] | PJM [Member] | Third Party Sales [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 464 488 1,178 1,426          
PSEG Power [Member] | Electricity and Related Products [Member] | PJM [Member] | Sales to Affiliates [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 123 160 355 416          
PSEG Power [Member] | Electricity and Related Products [Member] | NY ISO [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 36 38 85 108          
PSEG Power [Member] | Electricity and Related Products [Member] | ISO New England [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 13 37 86 85          
PSEG Power [Member] | Gas Sales [Member] | Third Party Sales [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 14 12 58 70          
PSEG Power [Member] | Gas Sales [Member] | Sales to Affiliates [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 50 58 528 639          
PSEG Power [Member] | Other Revenues from Contracts with Customers [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers [2] 13 13 37 37          
Other [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 162 141 447 406          
Revenues Unrelated to Contracts with Customers [1] (19) 10 0 (27)          
Total Operating Revenues 143 151 447 379          
Other [Member] | LIPA OSA contract fixed component [Member]                  
Revenues [Line Items]                  
Anticipated Contract Revenues 67   67            
Other [Member] | Electric Distribution Contracts [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Other [Member] | Gas Distribution [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Other [Member] | Electric Transmission [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Other [Member] | Electricity and Related Products [Member] | PJM [Member] | Third Party Sales [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Other [Member] | Electricity and Related Products [Member] | PJM [Member] | Sales to Affiliates [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Other [Member] | Electricity and Related Products [Member] | NY ISO [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Other [Member] | Electricity and Related Products [Member] | ISO New England [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Other [Member] | Gas Sales [Member] | Third Party Sales [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Other [Member] | Gas Sales [Member] | Sales to Affiliates [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Other [Member] | Other Revenues from Contracts with Customers [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers [2] 162 141 447 406          
Eliminations [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers (179) (224) (894) (1,069)          
Revenues Unrelated to Contracts with Customers [1] 0 0 0 0          
Total Operating Revenues (179) (224) (894) (1,069)          
Eliminations [Member] | Electric Distribution Contracts [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Eliminations [Member] | Gas Distribution [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers (4) (5) (8) (11)          
Eliminations [Member] | Electric Transmission [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Eliminations [Member] | Electricity and Related Products [Member] | PJM [Member] | Third Party Sales [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Eliminations [Member] | Electricity and Related Products [Member] | PJM [Member] | Sales to Affiliates [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers (123) (160) (355) (416)          
Eliminations [Member] | Electricity and Related Products [Member] | NY ISO [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Eliminations [Member] | Electricity and Related Products [Member] | ISO New England [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Eliminations [Member] | Gas Sales [Member] | Third Party Sales [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers 0 0 0 0          
Eliminations [Member] | Gas Sales [Member] | Sales to Affiliates [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers (50) (58) (528) (639)          
Eliminations [Member] | Other Revenues from Contracts with Customers [Member]                  
Revenues [Line Items]                  
Revenue from Contract with Customers [2] (2) (1) (3) (3)          
Public Service Electric and Gas Company [Member]                  
Revenues [Line Items]                  
Accounts Receivable, Allowance for Credit Loss, Recovery 1   4            
Cumulative Effect Adjustment             $ (2)    
Accounts Receivable and Unbilled Revenues, Allowance for Credit Losses 158   158   $ 121 $ 68      
Provision for Other Credit Losses 43   120            
Accounts Receivable, Allowance for Credit Loss, Writeoff (6)   (30)            
Total Operating Revenues 1,660 1,604 4,999 5,018          
Gas Bad Debt deferral regulatory asset 19   19            
PSEG Power [Member]                  
Revenues [Line Items]                  
Cumulative Effect Adjustment               $ 69 $ 0
Total Operating Revenues $ 746 $ 771 $ 2,649 $ 3,270          
Allowance for Credit Losses [Member] | Accounting Standards Update 2016-13 [Member] | Public Service Electric and Gas Company [Member]                  
Revenues [Line Items]                  
Cumulative Effect Adjustment           $ 8      
[1] Includes primarily alternative revenues at PSE&G, derivative contracts and lease contracts at PSEG Power, and lease contracts in Other.
[2] 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.