Financing Receivables (Tables)

9 Months Ended

Sep. 30, 2023

Public Service Electric and Gas Company [Member]

Schedule of Financial Receivables [Line Items]

Schedule Of Credit Risk Profile Based On Payment Activity

	As of
Outstanding Loans by Class of Customers	September 30, 2023		December 31, 2022
	Millions
Commercial/Industrial	$	66	$	85
Residential	3		4
Total	69		89
Current Portion (included in Accounts Receivable)	(24)		(27)
Noncurrent Portion (included in Long-Term Investments)	$	45	$	62

The solar loans originated under three Solar Loan Programs are comprised as follows:

Programs	Balance as of September 30, 2023		Funding Provided	Residential Loan Term	Non-Residential Loan Term
	Millions
Solar Loan I	$	5	prior to 2013	10 years	15 years
Solar Loan II	33		prior to 2015	10 years	15 years
Solar Loan III	31		largely funded as of September 30, 2023	10 years	10 years
Total	$	69

The average life of loans paid in full is eight years, which is lower than the loan terms of 10 to 15 years due to the generation of SRECs being greater than expected and/or cash payments made to the loan. Payments on all outstanding loans were current as of September 30, 2023 and have an average remaining life of approximately three years. There are no remaining residential loans outstanding under the Solar Loan I program.

Energy Holdings [Member]

Schedule of Financial Receivables [Line Items]

Schedule Of Gross And Net Lease Investment

The following table shows Energy Holdings’ gross and net lease investments as of September 30, 2023 and December 31, 2022.

	As of
	September 30, 2023		December 31, 2022
	Millions
Lease Receivables (net of Non-Recourse Debt)	$	223	$	249
Unearned and Deferred Income	(65)		(74)
Gross Investments in Leases	158		175
Deferred Tax Liabilities	(35)		(39)
Net Investments in Leases	$	123	$	136

Schedule Of Lease Receivables, Net Of Nonrecourse Debt, Associated With Leveraged Lease Portfolio Based On Counterparty Credit Rating

The corresponding receivables associated with the lease portfolio are reflected as follows, net of non-recourse debt. The ratings in the table represent the ratings of the entities providing payment assurance to Energy Holdings.

	Lease Receivables, Net of Non-Recourse Debt
Counterparties' Standard & Poor's (S&P) Credit Rating as of September 30, 2023
	As of September 30, 2023
	Millions
AA	$	7
A-	43
BBB+ to BBB	173
Total	$	223