Other Income (Deductions)

6 Months Ended

Jun. 30, 2022

Component of Other Income (Deductions) [Line Items]

Other Income (Deductions)

Other Income (Deductions)

	PSE&G		Other (A)		Consolidated
	Millions
Three Months Ended June 30, 2022
NDT Fund Interest and Dividends	$	—	$	16	$	16
Allowance for Funds Used During Construction	15		—		15
Solar Loan Interest	3		—		3
Other	4		—		4
Total Other Income (Deductions)	$	22	$	16	$	38
Six Months Ended June 30, 2022
NDT Fund Interest and Dividends	$	—	$	30	$	30
Allowance for Funds Used During Construction	30		—		30
Solar Loan Interest	6		—		6
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		(27)		(27)
Other	5		(1)		4
Total Other Income (Deductions)	$	41	$	2	$	43
Three Months Ended June 30, 2021
NDT Fund Interest and Dividends	$	—	$	14	$	14
Allowance for Funds Used During Construction	19		—		19
Solar Loan Interest	4		—		4
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		(3)		(3)
Other	1		(2)		(1)
Total Other Income (Deductions)	$	24	$	9	$	33
Six Months Ended June 30, 2021
NDT Fund Interest and Dividends	$	—	$	27	$	27
Allowance for Funds Used During Construction	42		—		42
Solar Loan Interest	7		—		7
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		(19)		(19)
Other	3		(2)		1
Total Other Income (Deductions)	$	52	$	6	$	58

(A)Other consists of activity at PSEG (as parent company), PSEG Power, Energy Holdings, Services, PSEG LI 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		Other (A)		Consolidated
	Millions
Three Months Ended June 30, 2022
NDT Fund Interest and Dividends	$	—	$	16	$	16
Allowance for Funds Used During Construction	15		—		15
Solar Loan Interest	3		—		3
Other	4		—		4
Total Other Income (Deductions)	$	22	$	16	$	38
Six Months Ended June 30, 2022
NDT Fund Interest and Dividends	$	—	$	30	$	30
Allowance for Funds Used During Construction	30		—		30
Solar Loan Interest	6		—		6
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		(27)		(27)
Other	5		(1)		4
Total Other Income (Deductions)	$	41	$	2	$	43
Three Months Ended June 30, 2021
NDT Fund Interest and Dividends	$	—	$	14	$	14
Allowance for Funds Used During Construction	19		—		19
Solar Loan Interest	4		—		4
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		(3)		(3)
Other	1		(2)		(1)
Total Other Income (Deductions)	$	24	$	9	$	33
Six Months Ended June 30, 2021
NDT Fund Interest and Dividends	$	—	$	27	$	27
Allowance for Funds Used During Construction	42		—		42
Solar Loan Interest	7		—		7
Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program	—		(19)		(19)
Other	3		(2)		1
Total Other Income (Deductions)	$	52	$	6	$	58

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