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Revenues Revenues (Tables)
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block] gregation of Revenues
PSE&GOther (A)EliminationsConsolidated
Millions
Three Months Ended June 30, 2022
Revenues from Contracts with Customers
Electric Distribution$836 $— $— $836 
Gas Distribution317 — — 317 
Transmission 396 — — 396 
Electricity and Related Product Sales
 PJM
Third-Party Sales
— 475 — 475 
Sales to Affiliates— 35 (35)— 
New York ISO
— — — — 
ISO New England
— — 
Gas Sales
Third-Party Sales
— 77 — 77 
Sales to Affiliates
— 202 (202)— 
Other Revenues from Contracts with Customers (B)94 150 — 244 
Total Revenues from Contracts with Customers1,643 942 (237)2,348 
Revenues Unrelated to Contracts with Customers (C)25 (297)— (272)
Total Operating Revenues$1,668 $645 $(237)$2,076 
PSE&GOther (A)EliminationsConsolidated
Millions
Six Months Ended June 30, 2022
Revenues from Contracts with Customers
Electric Distribution$1,556 $— $— $1,556 
Gas Distribution1,364 — (1)1,363 
Transmission 788 — — 788 
Electricity and Related Product Sales
 PJM
Third-Party Sales
— 1,057 — 1,057 
Sales to Affiliates— 91 (91)— 
New York ISO
— 88 — 88 
ISO New England
— 89 — 89 
Gas Sales
Third-Party Sales
— 213 — 213 
Sales to Affiliates
— 728 (728)— 
Other Revenues from Contracts with Customers (B)179 296 (1)474 
Total Revenues from Contracts with Customers3,887 2,562 (821)5,628 
Revenues Unrelated to Contracts with Customers (C)65 (1,304)— (1,239)
Total Operating Revenues$3,952 $1,258 $(821)$4,389 
PSE&GOther (A)EliminationsConsolidated
Millions
Three Months Ended June 30, 2021
Revenues from Contracts with Customers
Electric Distribution$765 $— $— $765 
Gas Distribution256 — (2)254 
Transmission 405 — — 405 
Electricity and Related Product Sales
 PJM
Third-Party Sales
— 408 — 408 
Sales to Affiliates— 62 (62)— 
New York ISO
— 49 — 49 
ISO New England
— 18 — 18 
Gas Sales
Third-Party Sales— 28 — 28 
Sales to Affiliates— 110 (110)— 
Other Revenues from Contracts with Customers (B)81 157 (1)237 
Total Revenues from Contracts with Customers1,507 832 (175)2,164 
Revenues Unrelated to Contracts with Customers (C)(297)— (290)
Total Operating Revenues$1,514 $535 $(175)$1,874 
PSE&GOther (A)EliminationsConsolidated
Millions
Six Months Ended June 30, 2021
Revenues from Contracts with Customers
Electric Distribution$1,472 $— $— $1,472 
Gas Distribution1,152 — (5)1,147 
Transmission 804 — — 804 
Electricity and Related Product Sales
 PJM
Third-Party Sales
— 879 — 879 
Sales to Affiliates— 150 (150)— 
New York ISO
— 97 — 97 
ISO New England
— 69 — 69 
Gas Sales
Third-Party Sales
— 88 — 88 
Sales to Affiliates
— 520 (520)— 
Other Revenues from Contracts with Customers (B)156 308 (2)462 
Total Revenues from Contracts with Customers3,584 2,111 (677)5,018 
Revenues Unrelated to Contracts with Customers (C)(258)— (255)
Total Operating Revenues$3,587 $1,853 $(677)$4,763 
(A)Other consists of revenues at PSEG Power, Energy Holdings and PSEG LI.
(B)Includes primarily revenues from appliance repair services and the sale of SRECs at auction at PSE&G, PSEG Power’s energy management fee with LIPA and PSEG LI’s OSA with LIPA in Other. Other also includes PSEG Power’s solar power projects in 2021.
(C)Includes alternative revenues at PSE&G primarily from the CIP program in 2022 and derivative contracts and lease contracts in 2022 and 2021 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 six months ended June 30, 2022 and 2021:
Three Months Ended
June 30, 2022
Millions
Balance as of March 31, 2022$351 
Utility Customer and Other Accounts
Provision
Write-offs, net of Recoveries of $14 million
(22)
Balance as of June 30, 2022$335 
Six Months Ended
June 30, 2022
Millions
Balance as of January 1, 2022$337 
Utility Customer and Other Accounts
Provision39 
Write-offs, net of Recoveries of $22 million
(41)
Balance as of June 30, 2022$335 
Three Months Ended
June 30, 2021
Millions
Balance as of March 31, 2021 $239 
Utility Customer and Other Accounts
Provision34 
Write-offs, net of Recoveries of $5 million
(13)
Balance as of June 30, 2021$260 
Six Months Ended
June 30, 2021
Millions
Balance as of January 1, 2021$206 
Utility Customer and Other Accounts
Provision78 
Write-offs, net of Recoveries of $7 million
(24)
Balance as of June 30, 2021$260 
Revenue, Capacity Auction Obligations [Table Text Block]
Capacity Revenues from the PJM Annual Base Residual and Incremental Auctions—The Base Residual Auction is generally conducted annually three years in advance of the operating period. The 2022/2023 auction was held in June 2021 and the 2023/2024 auction was held in June 2022. PSEG Power expects to realize the following average capacity prices resulting from the base and incremental auctions, including unit specific bilateral contracts for previously cleared capacity obligations.
Delivery Year$ per MW-DayMW Cleared
June 2022 to May 2023$973,300 
June 2023 to May 2024$493,700