Property, Plant And Equipment And Jointly-Owned Facilities

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Line Items]

Property Plant And Equipment And Jointly-Owned Facilities

Property, Plant and Equipment and Jointly-Owned Facilities

Information related to Property, Plant and Equipment as of December 31, 2020 and 2019 is detailed below:

	PSE&G		PSEG Power		Other		PSEG Consolidated
	Millions
2020
Transmission and Distribution:
Electric Transmission	$	14,075	$	—	$	—	$	14,075
Electric Distribution	9,622		—		—		9,622
Gas Distribution and Transmission	9,081		—		—		9,081
Construction Work in Progress	1,783		—		—		1,783
Other	659		—		—		659
Total Transmission and Distribution	35,220		—		—		35,220
Generation:
Fossil Production	—		6,581		—		6,581
Nuclear Production	—		3,296		—		3,296
Nuclear Fuel in Service	—		748		—		748
Other Production-Solar	658		911		—		1,569
Construction Work in Progress	—		248		—		248
Total Generation	658		11,784		—		12,442
Other	422		88		397		907
Total	$	36,300	$	11,872	$	397	$	48,569

	PSE&G		PSEG Power		Other		PSEG Consolidated
	Millions
2019
Transmission and Distribution:
Electric Transmission	$	12,908	$	—	$	—	$	12,908
Electric Distribution	9,255		—		—		9,255
Gas Distribution and Transmission	8,430		—		—		8,430
Construction Work in Progress	1,607		—		—		1,607
Other	639		—		—		639
Total Transmission and Distribution	32,839		—		—		32,839
Generation:
Fossil Production	—		6,570		—		6,570
Nuclear Production	—		3,087		—		3,087
Nuclear Fuel in Service	—		761		—		761
Other Production-Solar	663		911		—		1,574
Construction Work in Progress	—		277		—		277
Total Generation	663		11,606		—		12,269
Other	398		93		345		836
Total	$	33,900	$	11,699	$	345	$	45,944

PSE&G and PSEG Power have ownership interests in and are responsible for providing their respective shares of the necessary financing for the following jointly-owned facilities to which they are a party. All amounts reflect PSE&G’s or PSEG Power’s share of the jointly-owned projects and the corresponding direct expenses are included in the Consolidated Statements of Operations as Operating Expenses. 

			As of December 31,
			2020				2019
	Ownership				Accumulated				Accumulated
	Interest		Plant		Depreciation		Plant		Depreciation
			Millions
PSE&G:
Transmission Facilities	Various		$	161	$	63	$	161	$	60
PSEG Power:
Nuclear Generating:
Peach Bottom	50	%	$	1,405	$	455	$	1,340	$	435
Salem	57	%	$	1,321	$	387	$	1,256	$	384
Nuclear Support Facilities	Various		$	226	$	97	$	247	$	107
Pumped Storage Facilities:
Yards Creek (A)	50	%	$	—	$	—	$	55	$	27
Merrill Creek Reservoir	14	%	$	1	$	—	$	1	$	—

(A)In September 2020, PSEG Power completed the sale of its ownership interest in this generation facility. See Note 4. Early Plant Retirements/Asset Dispositions for additional information.

PSEG Power holds undivided ownership interests in the jointly-owned facilities above. PSEG Power is entitled to shares of the generating capability and output of each unit equal to its respective ownership interests. PSEG Power also pays its ownership share of additional construction costs, fuel inventory purchases and operating expenses. PSEG Power’s share of expenses for the jointly-owned facilities is included in the appropriate expense category. Each owner is responsible for any financing with respect to its pro rata share of capital expenditures.

PSEG Power co-owns Salem and Peach Bottom with Exelon Generation. PSEG Power is the operator of Salem and Exelon Generation is the operator of Peach Bottom. A committee appointed by the co-owners provides oversight. Proposed O&M budgets and requests for major capital expenditures are reviewed and approved as part of the normal PSEG Power governance process.

PSEG Power is a minority owner in the Merrill Creek Reservoir and Environmental Preserve in Warren County, New Jersey. Merrill Creek Owners Group is the owner-operator of this facility. The operator submits separate capital and O&M budgets, subject to PSEG Power’s approval as part of the normal PSEG Power governance process.

Public Service Electric and Gas Company

Property, Plant and Equipment [Line Items]

Property Plant And Equipment And Jointly-Owned Facilities

Property, Plant and Equipment and Jointly-Owned Facilities

Information related to Property, Plant and Equipment as of December 31, 2020 and 2019 is detailed below:

	PSE&G		PSEG Power		Other		PSEG Consolidated
	Millions
2020
Transmission and Distribution:
Electric Transmission	$	14,075	$	—	$	—	$	14,075
Electric Distribution	9,622		—		—		9,622
Gas Distribution and Transmission	9,081		—		—		9,081
Construction Work in Progress	1,783		—		—		1,783
Other	659		—		—		659
Total Transmission and Distribution	35,220		—		—		35,220
Generation:
Fossil Production	—		6,581		—		6,581
Nuclear Production	—		3,296		—		3,296
Nuclear Fuel in Service	—		748		—		748
Other Production-Solar	658		911		—		1,569
Construction Work in Progress	—		248		—		248
Total Generation	658		11,784		—		12,442
Other	422		88		397		907
Total	$	36,300	$	11,872	$	397	$	48,569

	PSE&G		PSEG Power		Other		PSEG Consolidated
	Millions
2019
Transmission and Distribution:
Electric Transmission	$	12,908	$	—	$	—	$	12,908
Electric Distribution	9,255		—		—		9,255
Gas Distribution and Transmission	8,430		—		—		8,430
Construction Work in Progress	1,607		—		—		1,607
Other	639		—		—		639
Total Transmission and Distribution	32,839		—		—		32,839
Generation:
Fossil Production	—		6,570		—		6,570
Nuclear Production	—		3,087		—		3,087
Nuclear Fuel in Service	—		761		—		761
Other Production-Solar	663		911		—		1,574
Construction Work in Progress	—		277		—		277
Total Generation	663		11,606		—		12,269
Other	398		93		345		836
Total	$	33,900	$	11,699	$	345	$	45,944

PSE&G and PSEG Power have ownership interests in and are responsible for providing their respective shares of the necessary financing for the following jointly-owned facilities to which they are a party. All amounts reflect PSE&G’s or PSEG Power’s share of the jointly-owned projects and the corresponding direct expenses are included in the Consolidated Statements of Operations as Operating Expenses. 

			As of December 31,
			2020				2019
	Ownership				Accumulated				Accumulated
	Interest		Plant		Depreciation		Plant		Depreciation
			Millions
PSE&G:
Transmission Facilities	Various		$	161	$	63	$	161	$	60
PSEG Power:
Nuclear Generating:
Peach Bottom	50	%	$	1,405	$	455	$	1,340	$	435
Salem	57	%	$	1,321	$	387	$	1,256	$	384
Nuclear Support Facilities	Various		$	226	$	97	$	247	$	107
Pumped Storage Facilities:
Yards Creek (A)	50	%	$	—	$	—	$	55	$	27
Merrill Creek Reservoir	14	%	$	1	$	—	$	1	$	—

(A)In September 2020, PSEG Power completed the sale of its ownership interest in this generation facility. See Note 4. Early Plant Retirements/Asset Dispositions for additional information.

PSEG Power holds undivided ownership interests in the jointly-owned facilities above. PSEG Power is entitled to shares of the generating capability and output of each unit equal to its respective ownership interests. PSEG Power also pays its ownership share of additional construction costs, fuel inventory purchases and operating expenses. PSEG Power’s share of expenses for the jointly-owned facilities is included in the appropriate expense category. Each owner is responsible for any financing with respect to its pro rata share of capital expenditures.

PSEG Power co-owns Salem and Peach Bottom with Exelon Generation. PSEG Power is the operator of Salem and Exelon Generation is the operator of Peach Bottom. A committee appointed by the co-owners provides oversight. Proposed O&M budgets and requests for major capital expenditures are reviewed and approved as part of the normal PSEG Power governance process.

PSEG Power is a minority owner in the Merrill Creek Reservoir and Environmental Preserve in Warren County, New Jersey. Merrill Creek Owners Group is the owner-operator of this facility. The operator submits separate capital and O&M budgets, subject to PSEG Power’s approval as part of the normal PSEG Power governance process.

PSEG Power LLC

Property, Plant and Equipment [Line Items]

Property Plant And Equipment And Jointly-Owned Facilities

Property, Plant and Equipment and Jointly-Owned Facilities

Information related to Property, Plant and Equipment as of December 31, 2020 and 2019 is detailed below:

	PSE&G		PSEG Power		Other		PSEG Consolidated
	Millions
2020
Transmission and Distribution:
Electric Transmission	$	14,075	$	—	$	—	$	14,075
Electric Distribution	9,622		—		—		9,622
Gas Distribution and Transmission	9,081		—		—		9,081
Construction Work in Progress	1,783		—		—		1,783
Other	659		—		—		659
Total Transmission and Distribution	35,220		—		—		35,220
Generation:
Fossil Production	—		6,581		—		6,581
Nuclear Production	—		3,296		—		3,296
Nuclear Fuel in Service	—		748		—		748
Other Production-Solar	658		911		—		1,569
Construction Work in Progress	—		248		—		248
Total Generation	658		11,784		—		12,442
Other	422		88		397		907
Total	$	36,300	$	11,872	$	397	$	48,569

	PSE&G		PSEG Power		Other		PSEG Consolidated
	Millions
2019
Transmission and Distribution:
Electric Transmission	$	12,908	$	—	$	—	$	12,908
Electric Distribution	9,255		—		—		9,255
Gas Distribution and Transmission	8,430		—		—		8,430
Construction Work in Progress	1,607		—		—		1,607
Other	639		—		—		639
Total Transmission and Distribution	32,839		—		—		32,839
Generation:
Fossil Production	—		6,570		—		6,570
Nuclear Production	—		3,087		—		3,087
Nuclear Fuel in Service	—		761		—		761
Other Production-Solar	663		911		—		1,574
Construction Work in Progress	—		277		—		277
Total Generation	663		11,606		—		12,269
Other	398		93		345		836
Total	$	33,900	$	11,699	$	345	$	45,944

PSE&G and PSEG Power have ownership interests in and are responsible for providing their respective shares of the necessary financing for the following jointly-owned facilities to which they are a party. All amounts reflect PSE&G’s or PSEG Power’s share of the jointly-owned projects and the corresponding direct expenses are included in the Consolidated Statements of Operations as Operating Expenses. 

			As of December 31,
			2020				2019
	Ownership				Accumulated				Accumulated
	Interest		Plant		Depreciation		Plant		Depreciation
			Millions
PSE&G:
Transmission Facilities	Various		$	161	$	63	$	161	$	60
PSEG Power:
Nuclear Generating:
Peach Bottom	50	%	$	1,405	$	455	$	1,340	$	435
Salem	57	%	$	1,321	$	387	$	1,256	$	384
Nuclear Support Facilities	Various		$	226	$	97	$	247	$	107
Pumped Storage Facilities:
Yards Creek (A)	50	%	$	—	$	—	$	55	$	27
Merrill Creek Reservoir	14	%	$	1	$	—	$	1	$	—

(A)In September 2020, PSEG Power completed the sale of its ownership interest in this generation facility. See Note 4. Early Plant Retirements/Asset Dispositions for additional information.

PSEG Power holds undivided ownership interests in the jointly-owned facilities above. PSEG Power is entitled to shares of the generating capability and output of each unit equal to its respective ownership interests. PSEG Power also pays its ownership share of additional construction costs, fuel inventory purchases and operating expenses. PSEG Power’s share of expenses for the jointly-owned facilities is included in the appropriate expense category. Each owner is responsible for any financing with respect to its pro rata share of capital expenditures.

PSEG Power co-owns Salem and Peach Bottom with Exelon Generation. PSEG Power is the operator of Salem and Exelon Generation is the operator of Peach Bottom. A committee appointed by the co-owners provides oversight. Proposed O&M budgets and requests for major capital expenditures are reviewed and approved as part of the normal PSEG Power governance process.

PSEG Power is a minority owner in the Merrill Creek Reservoir and Environmental Preserve in Warren County, New Jersey. Merrill Creek Owners Group is the owner-operator of this facility. The operator submits separate capital and O&M budgets, subject to PSEG Power’s approval as part of the normal PSEG Power governance process.