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Revenues Revenues (Tables)
 9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]
Disaggregation of Revenues
PSE&GPSEG PowerOther EliminationsConsolidated
Millions
Three Months Ended September 30, 2021
Revenues from Contracts with Customers
Electric Distribution$1,181 $— $— $— $1,181 
Gas Distribution142 — — (4)138 
Transmission 409 — — — 409 
Electricity and Related Product Sales
 PJM
Third-Party Sales
— 622 — — 622 
Sales to Affiliates— 65 — (65)— 
New York ISO
— 69 — — 69 
ISO New England
— 49 — — 49 
Gas Sales
Third-Party Sales
— 47 — — 47 
Sales to Affiliates
— 58 — (58)— 
Other Revenues from Contracts with Customers (A)80 5 159 — 244 
Total Revenues from Contracts with Customers1,812 915 159 (127)2,759 
Revenues Unrelated to Contracts with Customers (B)8 (864)— — (856)
Total Operating Revenues$1,820 $51 $159 $(127)$1,903 
PSE&GPSEG PowerOther EliminationsConsolidated
Millions
Nine Months Ended September 30, 2021
Revenues from Contracts with Customers
Electric Distribution$2,653 $— $— $— $2,653 
Gas Distribution1,294 — — (9)1,285 
Transmission 1,213 — — — 1,213 
Electricity and Related Product Sales
 PJM
Third-Party Sales
— 1,501 — — 1,501 
Sales to Affiliates— 215 — (215)— 
New York ISO
— 166 — — 166 
ISO New England
— 118 — — 118 
Gas Sales
Third-Party Sales
— 135 — — 135 
Sales to Affiliates
— 578 — (578)— 
Other Revenues from Contracts with Customers (A)236 27 445 (2)706 
Total Revenues from Contracts with Customers5,396 2,740 445 (804)7,777 
Revenues Unrelated to Contracts with Customers (B)11 (1,142)20 — (1,111)
Total Operating Revenues$5,407 $1,598 $465 $(804)$6,666 
PSE&GPSEG PowerOther EliminationsConsolidated
Millions
Three Months Ended September 30, 2020
Revenues from Contracts with Customers
Electric Distribution$1,157 $— $— $— $1,157 
Gas Distribution116 — — (4)112 
Transmission 370 — — — 370 
Electricity and Related Product Sales
 PJM
Third-Party Sales
— 464 — — 464 
Sales to Affiliates— 123 — (123)— 
New York ISO
— 36 — — 36 
ISO New England
— 13 — — 13 
Gas Sales
Third-Party Sales
— 14 — — 14 
Sales to Affiliates
— 50 — (50)— 
Other Revenues from Contracts with Customers (A)76 13 162 (2)249 
Total Revenues from Contracts with Customers1,719 713 162 (179)2,415 
Revenues Unrelated to Contracts with Customers (B)(59)33 (19)— (45)
Total Operating Revenues$1,660 $746 $143 $(179)$2,370 
PSE&GPSEG PowerOther EliminationsConsolidated
Millions
Nine Months Ended September 30, 2020
Revenues from Contracts with Customers
Electric Distribution$2,529 $— $— $— $2,529 
Gas Distribution1,125 — — (8)1,117 
Transmission 1,114 — — — 1,114 
Electricity and Related Product Sales
 PJM
Third-Party Sales
— 1,178 — — 1,178 
Sales to Affiliates— 355 — (355)— 
New York ISO
— 85 — — 85 
ISO New England
— 86 — — 86 
Gas Sales
Third-Party Sales
— 58 — — 58 
Sales to Affiliates
— 528 — (528)— 
Other Revenues from Contracts with Customers (A)241 37 447 (3)722 
Total Revenues from Contracts with Customers5,009 2,327 447 (894)6,889 
Revenues Unrelated to Contracts with Customers (B)(10)322 — — 312 
Total Operating Revenues$4,999 $2,649 $447 $(894)$7,201 
(A)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.
(B)Includes primarily alternative revenues at PSE&G, derivative contracts and lease contracts at PSEG Power, and lease contracts in Other.
Accounts Receivable, Allowance for Credit Loss [Table Text Block]
The following provides a reconciliation of PSE&G’s allowance for credit losses for the three months and nine months ended September 30, 2021 and 2020:
Three Months Ended September 30, 2021
Balance as of June 30, 2021$260 
Utility Customer and Other Accounts
Provision46 
 Write-offs, net of Recoveries of $4 million
(19)
Balance as of September 30, 2021$287 
Nine Months Ended September 30, 2021
Balance as of January 1, 2021$206 
Utility Customer and Other Accounts
Provision124 
 Write-offs, net of Recoveries of $11 million
(43)
Balance as of September 30, 2021$287 
Three Months Ended September 30, 2020
Balance as of June 30, 2020$121 
Utility Customer and Other Accounts
Provision43 
 Write-offs, net of Recoveries of $1 million
(6)
Balance as of September 30, 2020$158 
Nine Months Ended September 30, 2020
Balance as of January 1, 2020 (A)$68 
Utility Customer and Other Accounts
Provision120 
 Write-offs, net of Recoveries of $4 million
(30)
Balance as of September 30, 2020$158 
(A)Includes an $8 million pre-tax increase upon adoption of ASU 2016-13.
Revenue, Capacity Auction Obligations [Table Text Block]
Capacity Revenues from the PJM Annual Base Residual and Incremental Auctions—The Base Residual Auction is generally conducted annually three years in advance of the operating period. The 2022/2023 auction was held in June 2021 and the 2023/2024 auction is expected to be held in December 2021. PSEG Power expects to realize the following average capacity prices resulting from the base and incremental auctions, including unit specific bilateral contracts for previously cleared capacity obligations.
Delivery Year$ per MW-DayMW Cleared (A)
June 2021 to May 2022$1667,700 
June 2022 to May 2023$986,300 
(A)Of the existing MWs cleared, an approximate average of 3,400 MWs are expected to be transferred with the sale of PSEG Power’s fossil generation portfolio.
Capacity Payments from the ISO New England Forward Capacity Market (FCM)—The FCM Auction is conducted annually three years in advance of the operating period. The table below includes PSEG Power’s cleared capacity in the FCM Auction for the Bridgeport Harbor Station 5 (BH5), which cleared the 2019/2020 auction at $231/MW-day for seven years, and the retirement of Bridgeport Harbor Station 3 effective May 31, 2021. PSEG Power expects to realize the following average capacity prices for capacity obligations to be satisfied resulting from the FCM Auctions which have been completed through May 2025 and the seven-year rate lock for BH5 through May 2026:
Delivery Year$ per MW-Day (A)MW Cleared (B)
June 2021 to May 2022$192950 
June 2022 to May 2023$179950 
June 2023 to May 2024$152930 
June 2024 to May 2025$158950 
June 2025 to May 2026$231480