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Net Other Income (Deductions) (Tables)
12 Months Ended
Dec. 31, 2024
Other Income and Expenses [Abstract]  
Schedule of 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.