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Debt and Credit Facilities - Schedule of Line of Credit Facilities (Details)
$ in Millions
9 Months Ended
Sep. 30, 2024
USD ($)
Debt Instrument [Line Items]  
Total Facility $ 3,825 [1]
Usage (B) 664 [1],[2]
Available Liquidity 3,161 [1]
PSEG [Member]  
Debt Instrument [Line Items]  
Total Facility 1,500
Usage (B) 561 [2]
Available Liquidity 939
Revolving Credit Facility [Member] | PSEG [Member]  
Debt Instrument [Line Items]  
Total Facility 1,500 [3]
Usage (B) 561 [2],[3]
Available Liquidity $ 939 [3]
Expiration Date Mar 2028 [3]
PSEG Power [Member]  
Debt Instrument [Line Items]  
Total Facility $ 1,325
Usage (B) 82 [2]
Available Liquidity 1,243
PSEG Power [Member] | Revolving Credit Facility [Member]  
Debt Instrument [Line Items]  
Total Facility 1,250 [3]
Usage (B) 37 [2]
Available Liquidity $ 1,213 [3]
Expiration Date Mar 2028 [3]
PSEG Power [Member] | Letter Of Credit Facilities expiring April 2026 [Member]  
Debt Instrument [Line Items]  
Total Facility $ 75
Usage (B) 45 [2]
Available Liquidity $ 30
Expiration Date Apr 2026
Public Service Electric and Gas Company [Member]  
Debt Instrument [Line Items]  
Total Facility $ 1,000
Usage (B) 21 [2]
Available Liquidity 979
Public Service Electric and Gas Company [Member] | Revolving Credit Facility [Member]  
Debt Instrument [Line Items]  
Total Facility 1,000
Usage (B) 21 [2]
Available Liquidity $ 979
Expiration Date Mar 2028
[1] Amounts do not include uncommitted credit facilities or 364-day term loans, if any apply.
[2] The primary use of PSEG’s and PSE&G’s credit facilities is to support their respective Commercial Paper Programs, under which as of September 30, 2024, PSEG had $547 million outstanding commercial paper at a weighted average interest rate of 4.95% and PSE&G had no commercial paper outstanding.
[3] Master Credit Facility with sub-limits of $1.5 billion for PSEG and $1.25 billion for PSEG Power; sub-limits can be adjusted pursuant to the terms of the Master Credit Facility agreement. The PSEG sub-limit includes a sustainability linked pricing based mechanism with potential increases or decreases, which are not expected to be material, depending on performance relative to targeted methane emission reductions.