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Net Other Income (Deductions)
12 Months Ended
Dec. 31, 2024
Net Other Income (Deductions)

Note 19. Net Other Income (Deductions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PSE&G

 

 

PSEG Power & Other (A)

 

 

Consolidated

 

 

 

 

 

Millions

 

 

 

Year Ended December 31, 2024

 

 

 

 

 

 

 

 

 

 

 

NDT Fund Interest and Dividends

 

$

 

 

$

81

 

 

$

81

 

 

 

AFUDC

 

 

41

 

 

 

 

 

 

41

 

 

 

Solar Loan Interest

 

 

5

 

 

 

 

 

 

5

 

 

 

Other Interest

 

 

9

 

 

 

18

 

 

 

27

 

 

 

Other

 

 

9

 

 

 

(10

)

 

 

(1

)

 

 

Total Net Other Income (Deductions)

 

$

64

 

 

$

89

 

 

$

153

 

 

 

Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

NDT Fund Interest and Dividends

 

$

 

 

$

68

 

 

$

68

 

 

 

AFUDC

 

 

60

 

 

 

 

 

 

60

 

 

 

Solar Loan Interest

 

 

7

 

 

 

 

 

 

7

 

 

 

Other Interest

 

 

12

 

 

 

34

 

 

 

46

 

 

 

Other

 

 

1

 

 

 

(10

)

 

 

(9

)

 

 

Total Net Other Income (Deductions)

 

$

80

 

 

$

92

 

 

$

172

 

 

 

Year Ended December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

NDT Fund Interest and Dividends

 

$

 

 

$

62

 

 

$

62

 

 

 

AFUDC

 

 

65

 

 

 

 

 

 

65

 

 

 

Solar Loan Interest

 

 

10

 

 

 

 

 

 

10

 

 

 

Other Interest

 

 

9

 

 

 

12

 

 

 

21

 

 

 

Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program

 

 

 

 

 

(27

)

 

 

(27

)

 

 

Other

 

 

4

 

 

 

(11

)

 

 

(7

)

 

 

Total Net Other Income (Deductions)

 

$

88

 

 

$

36

 

 

$

124

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PSEG Power & Other consists of activity at PSEG Power, Energy Holdings, PSEG LI, Services, PSEG (parent company) and intercompany eliminations.
Public Service Electric and Gas Company  
Net Other Income (Deductions)

Note 19. Net Other Income (Deductions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PSE&G

 

 

PSEG Power & Other (A)

 

 

Consolidated

 

 

 

 

 

Millions

 

 

 

Year Ended December 31, 2024

 

 

 

 

 

 

 

 

 

 

 

NDT Fund Interest and Dividends

 

$

 

 

$

81

 

 

$

81

 

 

 

AFUDC

 

 

41

 

 

 

 

 

 

41

 

 

 

Solar Loan Interest

 

 

5

 

 

 

 

 

 

5

 

 

 

Other Interest

 

 

9

 

 

 

18

 

 

 

27

 

 

 

Other

 

 

9

 

 

 

(10

)

 

 

(1

)

 

 

Total Net Other Income (Deductions)

 

$

64

 

 

$

89

 

 

$

153

 

 

 

Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

NDT Fund Interest and Dividends

 

$

 

 

$

68

 

 

$

68

 

 

 

AFUDC

 

 

60

 

 

 

 

 

 

60

 

 

 

Solar Loan Interest

 

 

7

 

 

 

 

 

 

7

 

 

 

Other Interest

 

 

12

 

 

 

34

 

 

 

46

 

 

 

Other

 

 

1

 

 

 

(10

)

 

 

(9

)

 

 

Total Net Other Income (Deductions)

 

$

80

 

 

$

92

 

 

$

172

 

 

 

Year Ended December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

NDT Fund Interest and Dividends

 

$

 

 

$

62

 

 

$

62

 

 

 

AFUDC

 

 

65

 

 

 

 

 

 

65

 

 

 

Solar Loan Interest

 

 

10

 

 

 

 

 

 

10

 

 

 

Other Interest

 

 

9

 

 

 

12

 

 

 

21

 

 

 

Purchases of Tax Losses under New Jersey Technology Tax Benefit Transfer Program

 

 

 

 

 

(27

)

 

 

(27

)

 

 

Other

 

 

4

 

 

 

(11

)

 

 

(7

)

 

 

Total Net Other Income (Deductions)

 

$

88

 

 

$

36

 

 

$

124

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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