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Commitments And Contingent Liabilities (Tables)
6 Months Ended
Jun. 30, 2011
Face Value Of Outstanding Guarantees, Current Exposure And Margin Positions
    

As of
June 30,

2011

   

As of
December 31,

2010

 
     Millions  

Face Value of Outstanding Guarantees

   $ 1,838      $ 1,936   

Exposure under Current Guarantees

   $ 270      $ 330   

Letters of Credit Margin Posted

   $ 185      $ 137   

Letters of Credit Margin Received

   $ 49      $ 109   

Cash Deposited and Received

    

Counterparty Cash Margin Deposited

   $ 0      $ 0   

Counterparty Cash Margin Received

     (7     (2

Net Broker Balance Deposited (Received)

     31        (28

In the Event Power Were to Lose its Investment Grade Rating

    

Additional Collateral that could be Required

   $ 771      $ 828   

Liquidity Available under PSEG's and Power's Credit Facilities to Post Collateral

   $ 3,416      $ 2,750   

Additional Amounts Posted

    

Other Letters of Credit

   $ 98      $ 98   
Total Minimum Purchase Commitments

Fuel Type

  

Commitments
through 2015
Power's Share

 
  
     Millions   

Nuclear Fuel

  

Uranium

   $ 491   

Enrichment

   $ 457   

Fabrication

   $ 129   

Natural Gas

   $ 959   

Coal/Oil

   $ 1,032   
PSE&G [Member]
 
Contract For Anticipated BGS-Fixed Price Eligible Load
Auction Year  
    

2008

    

2009

    

2010

    

2011

 

36-Month Terms Ending

     May 2011         May 2012         May 2013         May 2014 (A) 

Load (MW)

     2,800         2,900         2,800         2,800   

$ per kWh

     0.11150         0.10372         0.09577         0.09430   

 

(A) Prices set in the 2011 BGS auction became effective on June 1, 2011 when the 2008 BGS auction agreements expired.