Other Income (Deductions)

9 Months Ended

Sep. 30, 2023

Component of Other Income (Deductions) [Line Items]

Other Income (Deductions)

Other Income (Deductions)

	PSE&G		PSEG Power & Other (A)		Consolidated
	Millions
Three Months Ended September 30, 2023
NDT Fund Interest and Dividends	$	—	$	16	$	16
Allowance for Funds Used During Construction	15		—		15
Solar Loan Interest	2		—		2
Other Interest	3		6		9
Other	1		(2)		(1)
Total Other Income (Deductions)	$	21	$	20	$	41
Nine Months Ended September 30, 2023
NDT Fund Interest and Dividends	$	—	$	50	$	50
Allowance for Funds Used During Construction	45		—		45
Solar Loan Interest	6		—		6
Other Interest	10		22		32
Other	4		(5)		(1)
Total Other Income (Deductions)	$	65	$	67	$	132
Three Months Ended September 30, 2022
NDT Fund Interest and Dividends	$	—	$	17	$	17
Allowance for Funds Used During Construction	17		—		17
Solar Loan Interest	2		—		2
Other Interest	3		2		5
Other	3		(1)		2
Total Other Income (Deductions)	$	25	$	18	$	43
Nine Months Ended September 30, 2022
NDT Fund Interest and Dividends	$	—	$	47	$	47
Allowance for Funds Used During Construction	47		—		47
Solar Loan Interest	8		—		8
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		(27)		(27)
Other Interest	5		4		9
Other	6		(4)		2
Total Other Income (Deductions)	$	66	$	20	$	86

(A)PSEG Power & Other consists of activity at PSEG Power, Energy Holdings, PSEG LI, Services, PSEG (parent company) and intercompany eliminations.

Public Service Electric and Gas Company [Member]

Component of Other Income (Deductions) [Line Items]

Other Income (Deductions)

Other Income (Deductions)

	PSE&G		PSEG Power & Other (A)		Consolidated
	Millions
Three Months Ended September 30, 2023
NDT Fund Interest and Dividends	$	—	$	16	$	16
Allowance for Funds Used During Construction	15		—		15
Solar Loan Interest	2		—		2
Other Interest	3		6		9
Other	1		(2)		(1)
Total Other Income (Deductions)	$	21	$	20	$	41
Nine Months Ended September 30, 2023
NDT Fund Interest and Dividends	$	—	$	50	$	50
Allowance for Funds Used During Construction	45		—		45
Solar Loan Interest	6		—		6
Other Interest	10		22		32
Other	4		(5)		(1)
Total Other Income (Deductions)	$	65	$	67	$	132
Three Months Ended September 30, 2022
NDT Fund Interest and Dividends	$	—	$	17	$	17
Allowance for Funds Used During Construction	17		—		17
Solar Loan Interest	2		—		2
Other Interest	3		2		5
Other	3		(1)		2
Total Other Income (Deductions)	$	25	$	18	$	43
Nine Months Ended September 30, 2022
NDT Fund Interest and Dividends	$	—	$	47	$	47
Allowance for Funds Used During Construction	47		—		47
Solar Loan Interest	8		—		8
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		(27)		(27)
Other Interest	5		4		9
Other	6		(4)		2
Total Other Income (Deductions)	$	66	$	20	$	86

(A)PSEG Power & Other consists of activity at PSEG Power, Energy Holdings, PSEG LI, Services, PSEG (parent company) and intercompany eliminations.