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Debt and Credit Facilities Debt and Credit Facilities (Short-Term Liquidity) (Details) - USD ($)
$ in Millions
1 Months Ended 6 Months Ended
May 31, 2023
Apr. 30, 2023
Apr. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Commercial Paper       $ 1,197   $ 2,200
Commitments of Single Institution as Percentage of Total Commitments       10.00%    
Line of Credit Facility, Remaining Borrowing Capacity [1]       $ 3,489    
Line of Credit Facility, Maximum Borrowing Capacity [1]       4,150    
Line of Credit Facility, Fair Value of Amount Outstanding [1],[2]       661    
Proceeds from Short-Term Loan       750 $ 2,000  
Repayments of Short-term Debt       2,000 1,250  
Collateral Already Posted, Aggregate Fair Value       426   1,521
Net Change in Commercial Paper and Loans       247 (956)  
Public Service Electric and Gas Company [Member]            
Commercial Paper       298   $ 0
Line of Credit Facility, Remaining Borrowing Capacity       682    
Line of Credit Facility, Maximum Borrowing Capacity       1,000    
Line of Credit Facility, Fair Value of Amount Outstanding       318    
Net Change in Commercial Paper and Loans       298 $ 0  
PSEG Power [Member]            
Line of Credit Facility, Remaining Borrowing Capacity       1,459    
Line of Credit Facility, Maximum Borrowing Capacity       1,650    
Line of Credit Facility, Fair Value of Amount Outstanding       191    
Five Year Credit Facility Maturing March 2023 [Member] | Public Service Electric and Gas Company [Member]            
Line of Credit Facility, Remaining Borrowing Capacity       $ 682    
Debt Instrument, Maturity Date, Description       Mar 2027    
Line of Credit Facility, Maximum Borrowing Capacity       $ 1,000    
Line of Credit Facility, Fair Value of Amount Outstanding [2]       318    
Five Year Credit Facility Maturing March 2023 [Member] | PSEG Power [Member]            
Line of Credit Facility, Remaining Borrowing Capacity       $ 1,211    
Debt Instrument, Maturity Date, Description       Mar 2027    
Line of Credit Facility, Maximum Borrowing Capacity [3]       $ 1,250    
Line of Credit Facility, Fair Value of Amount Outstanding       39    
Letter of Credit Facilities expiring April 2024 | PSEG Power [Member]            
Line of Credit Facility, Remaining Borrowing Capacity       $ 34    
Debt Instrument, Maturity Date, Description       Apr 2024    
Line of Credit Facility, Maximum Borrowing Capacity       $ 100    
Line of Credit Facility, Fair Value of Amount Outstanding       66    
Letter of Credit Facilities expiring April 2025 | PSEG Power [Member]            
Line of Credit Facility, Remaining Borrowing Capacity       $ 100    
Debt Instrument, Maturity Date, Description       Apr 2025    
Line of Credit Facility, Maximum Borrowing Capacity       $ 100    
Line of Credit Facility, Fair Value of Amount Outstanding       0    
Letter of Credit Facilities expiring September 2024 | PSEG Power [Member]            
Line of Credit Facility, Remaining Borrowing Capacity       $ 114    
Debt Instrument, Maturity Date, Description       Sept 2024    
Line of Credit Facility, Maximum Borrowing Capacity       $ 200    
Line of Credit Facility, Fair Value of Amount Outstanding       86    
Uncommitted Letter of Credit Facility | PSEG Power [Member]            
Line of Credit Facility, Maximum Borrowing Capacity       150    
April 2022 Term Loan            
Proceeds from Short-Term Loan     $ 1,500      
Repayments of Short-term Debt   $ 750   750    
April 2023 Term Loan            
Proceeds from Short-Term Loan   $ 750        
May 2023 Term Loan            
Proceeds from Short-Term Loan $ 500          
PSEG [Member]            
Line of Credit Facility, Remaining Borrowing Capacity       1,348    
Line of Credit Facility, Maximum Borrowing Capacity       1,500    
Line of Credit Facility, Fair Value of Amount Outstanding       152    
PSEG [Member] | Five Year Credit Facility Maturing March 2023 [Member]            
Line of Credit Facility, Remaining Borrowing Capacity       $ 1,348    
Debt Instrument, Maturity Date, Description       Mar 2027    
Line of Credit Facility, Maximum Borrowing Capacity [3]       $ 1,500    
Line of Credit Facility, Fair Value of Amount Outstanding [2]       152    
PSEG [Member] | Five Year Credit Facility Maturing March 2023 [Member]            
Commercial Paper       $ 149    
Short-term Debt, Weighted Average Interest Rate, at Point in Time       5.53%    
Public Service Electric and Gas Company [Member] | Five Year Credit Facility Maturing March 2023 [Member]            
Commercial Paper       $ 298    
Short-term Debt, Weighted Average Interest Rate, at Point in Time       5.49%    
[1] Amounts do not include uncommitted credit facilities or 364-day term loans.
[2] The primary use of PSEG’s and PSE&G’s credit facilities is to support their respective Commercial Paper Programs, under which as of June 30, 2023, PSEG had $149 million outstanding at a weighted average interest rate of 5.53% and PSE&G had $298 million outstanding at a weighted average interest rate of 5.49%.
[3] Master Credit Facility with sub-limits of $1.5 billion for PSEG and $1.25 billion for PSEG Power; sub-limits can be adjusted pursuant to the terms of the Master Credit Facility agreement. The PSEG sub-limit includes a sustainability linked pricing based mechanism with potential increases or decreases, which are not expected to be material, depending on performance relative to targeted methane emission reductions.