XML 70 R49.htm IDEA: XBRL DOCUMENT v3.21.1
Revenues Revenues (Details)
$ in Millions
 3 Months Ended
Mar. 31, 2021
USD ($)
Mar. 31, 2020
USD ($)
Mar. 31, 2021
USD ($)
$ / mwd
MW
Dec. 31, 2020
USD ($)
Jan. 01, 2020
USD ($)
Revenues [Line Items]          
Revenue from Contract with Customers $ 2,854 $ 2,449      
Revenues Unrelated to Contracts with Customers [1] 35 332      
Total Operating Revenues 2,889 2,781      
Eliminations [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers (502) (478)      
Revenues Unrelated to Contracts with Customers [1] 0 0      
Total Operating Revenues [2] (502) (478)      
Electric Distribution Contracts [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 707 649      
Electric Distribution Contracts [Member] | Eliminations [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Gas Distribution [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 893 729      
Gas Distribution [Member] | Eliminations [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers (3) (2)      
Electric Transmission [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 399 366      
Electric Transmission [Member] | Eliminations [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Electricity and Related Products [Member] | PJM [Member] | Third Party Sales [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 471 368      
Electricity and Related Products [Member] | PJM [Member] | Third Party Sales [Member] | Eliminations [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Electricity and Related Products [Member] | PJM [Member] | Sales to Affiliates [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Electricity and Related Products [Member] | PJM [Member] | Sales to Affiliates [Member] | Eliminations [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers (88) (121)      
Electricity and Related Products [Member] | NY ISO [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 48 25      
Electricity and Related Products [Member] | NY ISO [Member] | Eliminations [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Electricity and Related Products [Member] | ISO New England [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 51 48      
Electricity and Related Products [Member] | ISO New England [Member] | Eliminations [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Gas Sales [Member] | Third Party Sales [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 60 29      
Gas Sales [Member] | Third Party Sales [Member] | Eliminations [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Gas Sales [Member] | Sales to Affiliates [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Gas Sales [Member] | Sales to Affiliates [Member] | Eliminations [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers (410) (354)      
Other Revenues from Contracts with Customers [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers [3] 225 235      
Other Revenues from Contracts with Customers [Member] | Eliminations [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers [3] (1) (1)      
Public Service Electric and Gas Company [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 2,077 1,828      
Revenues Unrelated to Contracts with Customers [1] (4) 55      
Total Operating Revenues 2,073 1,883      
Allowances percentage of accounts receivable     16.00% 14.00%  
Public Service Electric and Gas Company [Member] | Electric Distribution Contracts [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 707 649      
Public Service Electric and Gas Company [Member] | Gas Distribution [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 896 731      
Public Service Electric and Gas Company [Member] | Electric Transmission [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 399 366      
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      
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      
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      
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      
Public Service Electric and Gas Company [Member] | Gas Sales [Member] | Third Party Sales [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 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      
Public Service Electric and Gas Company [Member] | Other Revenues from Contracts with Customers [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers [3] 75 82      
PSEG Power [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 1,138 955      
Revenues Unrelated to Contracts with Customers [1] 29 265      
Total Operating Revenues 1,167 1,220      
Anticipated Contract Revenues     $ 147    
PSEG Power [Member] | PJM [Member] | June 2020 to May 2021 [Member]          
Revenues [Line Items]          
Dollars Per Megawatt-Day | $ / mwd     167    
Load (MW) | MW     7,600    
PSEG Power [Member] | PJM [Member] | June 2021 to May 2022 [Member]          
Revenues [Line Items]          
Dollars Per Megawatt-Day | $ / mwd     166    
Load (MW) | MW     7,800    
PSEG Power [Member] | ISO New England [Member] | June 2020 to May 2021 [Member]          
Revenues [Line Items]          
Dollars Per Megawatt-Day | $ / mwd     195    
Load (MW) | MW     1,330    
PSEG Power [Member] | ISO New England [Member] | June 2021 to May 2022 [Member]          
Revenues [Line Items]          
Dollars Per Megawatt-Day | $ / mwd     192    
Load (MW) | MW     950    
PSEG Power [Member] | ISO New England [Member] | June 2022 to May 2023 [Member]          
Revenues [Line Items]          
Dollars Per Megawatt-Day | $ / mwd     179    
Load (MW) | MW     950    
PSEG Power [Member] | ISO New England [Member] | June 2023 to May 2024 [Member]          
Revenues [Line Items]          
Dollars Per Megawatt-Day | $ / mwd     152    
Load (MW) | MW     930    
PSEG Power [Member] | ISO New England [Member] | June 2024 to May 2025 [Member]          
Revenues [Line Items]          
Dollars Per Megawatt-Day | $ / mwd     158    
Load (MW) | MW     950    
PSEG Power [Member] | ISO New England [Member] | June 2025 to May 2026 [Member]          
Revenues [Line Items]          
Dollars Per Megawatt-Day | $ / mwd     231    
Load (MW) | MW     480    
PSEG Power [Member] | ISO New England [Member] | Seven year rate BH5 lock through 2026          
Revenues [Line Items]          
Dollars Per Megawatt-Day | $ / mwd     231    
PSEG Power [Member] | Electric Distribution Contracts [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
PSEG Power [Member] | Gas Distribution [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
PSEG Power [Member] | Electric Transmission [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
PSEG Power [Member] | Electricity and Related Products [Member] | PJM [Member] | Third Party Sales [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 471 368      
PSEG Power [Member] | Electricity and Related Products [Member] | PJM [Member] | Sales to Affiliates [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 88 121      
PSEG Power [Member] | Electricity and Related Products [Member] | NY ISO [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 48 25      
PSEG Power [Member] | Electricity and Related Products [Member] | ISO New England [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 51 48      
PSEG Power [Member] | Gas Sales [Member] | Third Party Sales [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 60 29      
PSEG Power [Member] | Gas Sales [Member] | Sales to Affiliates [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 410 354      
PSEG Power [Member] | Other Revenues from Contracts with Customers [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers [3] 10 10      
Other [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 141 144      
Revenues Unrelated to Contracts with Customers [1] 10 12      
Total Operating Revenues 151 156      
Other [Member] | LIPA OSA contract fixed component [Member]          
Revenues [Line Items]          
Anticipated Contract Revenues     $ 68    
Other [Member] | Electric Distribution Contracts [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Other [Member] | Gas Distribution [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Other [Member] | Electric Transmission [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 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      
Other [Member] | Electricity and Related Products [Member] | PJM [Member] | Sales to Affiliates [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Other [Member] | Electricity and Related Products [Member] | NY ISO [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Other [Member] | Electricity and Related Products [Member] | ISO New England [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Other [Member] | Gas Sales [Member] | Third Party Sales [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Other [Member] | Gas Sales [Member] | Sales to Affiliates [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers 0 0      
Other [Member] | Other Revenues from Contracts with Customers [Member]          
Revenues [Line Items]          
Revenue from Contract with Customers [3] 141 144      
Public Service Electric and Gas Company [Member]          
Revenues [Line Items]          
Total Operating Revenues 2,073 1,883      
Accounts Receivable and Unbilled Revenues, Allowance for Credit Losses 206 68      
Provision for Other Credit Losses 44 32      
Accounts Receivable, Allowance for Credit Loss, Writeoff (11) (20)      
Accounts Receivable, Allowance for Credit Loss, Recovery 2 2      
Accounts Receivable and Unbilled Revenues, Allowance for Credit Losses 239 80      
Accounts Receivable and Unbilled Revenues, Allowance for Credit Losses 239 80 $ 239 $ 206  
Public Service Electric and Gas Company [Member] | Cumulative Effect, Period of Adoption, Adjustment          
Revenues [Line Items]          
Accounts Receivable and Unbilled Revenues, Allowance for Credit Losses         $ 8
PSEG Power [Member]          
Revenues [Line Items]          
Total Operating Revenues $ 1,167 $ 1,220      
[1] Includes primarily alternative revenues at PSE&G, derivative contracts and lease contracts at PSEG Power, and lease contracts in Other.
[2] Intercompany eliminations primarily relate to intercompany transactions between PSE&G and PSEG Power. For a further discussion of the intercompany transactions between PSE&G and PSEG Power, see Note 20. Related-Party Transactions.
[3] Includes primarily revenues from appliance repair services and the sale of solar renewable energy certificates (SRECs) at auction 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.