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Financing Receivables (Tables)
 9 Months Ended
Sep. 30, 2022
Public Service Electric and Gas Company [Member]  
Schedule of Financial Receivables [Line Items]  
Schedule Of Credit Risk Profile Based On Payment Activity
As of
Outstanding Loans by Class of CustomersSeptember 30,
2022		December 31,
2021
Millions
Commercial/Industrial$91 $116 
Residential4 5 
Total95 121 
Current Portion (included in Accounts Receivable)(28)(29)
Noncurrent Portion (included in Long-Term Investments)$67 $92 
The solar loans originated under three Solar Loan Programs are comprised as follows:
ProgramsBalance as of September 30, 2022Funding ProvidedResidential Loan TermNon-Residential Loan Term
Millions
Solar Loan I$10 prior to 201310 years15 years
Solar Loan II45 prior to 201510 years15 years
Solar Loan III40 largely funded as of September 30, 202210 years10 years
Total $95 
The average life of loans paid in full is eight years, which is lower than the loan terms of 10 to 15 years due to the generation of SRECs being greater than expected and/or cash payments made to the loan. Payments on all outstanding loans were current as of September 30, 2022 and have an average remaining life of approximately three years. There are no remaining residential loans outstanding under the Solar Loan I program.
Energy Holdings [Member]  
Schedule of Financial Receivables [Line Items]  
Schedule Of Gross And Net Lease Investment The following table shows Energy Holdings’ gross and net lease investments as of September 30, 2022 and December 31, 2021.
As of
September 30,
2022		December 31,
2021
Millions
Lease Receivables (net of Non-Recourse Debt)$249 $274 
Unearned and Deferred Income(77)(87)
Gross Investments in Leases172 187 
Deferred Tax Liabilities(38)(42)
Net Investments in Leases$134 $145 
Schedule Of Lease Receivables, Net Of Nonrecourse Debt, Associated With Leveraged Lease Portfolio Based On Counterparty Credit Rating
The corresponding receivables associated with the lease portfolio are reflected as follows, net of non-recourse debt. The ratings in the table represent the ratings of the entities providing payment assurance to Energy Holdings.
Lease Receivables, Net of
Non-Recourse Debt
Counterparties' Standard & Poor's (S&P) Credit Rating as of September 30, 2022
As of September 30, 2022
Millions
AA$8 
A-47 
BBB+ to BBB194 
Total$249