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Revenues Revenues (Tables)
9 Months Ended
Sep. 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 September 30, 2022
Revenues from Contracts with Customers
Electric Distribution$1,282 $— $— $1,282 
Gas Distribution160 — — 160 
Transmission 400 — — 400 
Electricity and Related Product Sales
 PJM
Third-Party Sales
— 633 — 633 
Sales to Affiliates— 34 (34)— 
New York ISO
— — — — 
ISO New England
— — 
Gas Sales
Third-Party Sales
— 144 — 144 
Sales to Affiliates
— 77 (77)— 
Other Revenues from Contracts with Customers (B)94 160 (3)251 
Total Revenues from Contracts with Customers1,936 1,052 (114)2,874 
Revenues Unrelated to Contracts with Customers (C)17 (619)— (602)
Total Operating Revenues$1,953 $433 $(114)$2,272 
PSE&GOther (A)EliminationsConsolidated
Millions
Nine Months Ended September 30, 2022
Revenues from Contracts with Customers
Electric Distribution$2,838 $— $— $2,838 
Gas Distribution1,524 — (1)1,523 
Transmission 1,188 — — 1,188 
Electricity and Related Product Sales
 PJM
Third-Party Sales
— 1,690 — 1,690 
Sales to Affiliates— 125 (125)— 
New York ISO
— 88 — 88 
ISO New England
— 93 — 93 
Gas Sales
Third-Party Sales
— 357 — 357 
Sales to Affiliates
— 805 (805)— 
Other Revenues from Contracts with Customers (B)273 456 (4)725 
Total Revenues from Contracts with Customers5,823 3,614 (935)8,502 
Revenues Unrelated to Contracts with Customers (C)82 (1,923)— (1,841)
Total Operating Revenues$5,905 $1,691 $(935)$6,661 
PSE&GOther (A)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 (B)80 164 — 244 
Total Revenues from Contracts with Customers1,812 1,074 (127)2,759 
Revenues Unrelated to Contracts with Customers (C)(864)— (856)
Total Operating Revenues$1,820 $210 $(127)$1,903 
PSE&GOther (A)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 (B)236 472 (2)706 
Total Revenues from Contracts with Customers5,396 3,185 (804)7,777 
Revenues Unrelated to Contracts with Customers (C)11 (1,122)— (1,111)
Total Operating Revenues$5,407 $2,063 $(804)$6,666 
(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 nine months ended September 30, 2022 and 2021:
Three Months Ended
September 30, 2022
Millions
Balance as of June 30, 2022$335 
Utility Customer and Other Accounts
Provision24 
Write-offs, net of Recoveries of $12 million
(35)
Balance as of September 30, 2022$324 
Nine Months Ended
September 30, 2022
Millions
Balance as of January 1, 2022$337 
Utility Customer and Other Accounts
Provision63 
Write-offs, net of Recoveries of $34 million
(76)
Balance as of September 30, 2022$324 
Three Months Ended
September 30, 2021
Millions
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
Millions
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$287 
Revenue, Capacity Auction Obligations [Table Text Block]
Capacity Revenues from the PJM Annual Base Residual and Incremental Auctions—The Base Residual Auction is generally conducted annually three years in advance of the operating period. The 2022/2023 auction was held in June 2021 and the 2023/2024 auction was held in June 2022. PSEG Power expects to realize the following average capacity prices resulting from the base and incremental auctions, including unit specific bilateral contracts for previously cleared capacity obligations.
Delivery Year$ per MW-DayMW Cleared
June 2022 to May 2023$973,300 
June 2023 to May 2024$493,700 
As previously stated, capacity transactions with ISOs are reported on a net basis dependent on PSEG Power’s monthly net sale
or purchase position through the individual ISOs.