XML 88 R67.htm IDEA: XBRL DOCUMENT v3.25.0.1
Revenues - Disaggregation of Revenues (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues [Line Items]      
Revenue from Contract with Customers $ 9,874 $ 9,254 $ 11,231
Revenues Unrelated to Contracts with Customers [1] 416 1,983 (1,431)
Total Operating Revenues 10,290 11,237 9,800
Eliminations [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers (966) (1,103) (1,401)
Revenues Unrelated to Contracts with Customers [1] 0 0 0
Total Operating Revenues [2] (966) (1,103) (1,401)
Electric Distribution [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 3,977 3,494 3,503
Electric Distribution [Member] | Eliminations [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 0 0 0
Gas Distribution [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 2,059 1,982 2,356
Gas Distribution [Member] | Eliminations [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 0 0 (1)
Transmission [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 1,754 1,673 1,589
Transmission [Member] | Eliminations [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers   0 0
Electricity and Related Product Sales [Member] | PJM [Member] | Third-Party Sales [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 819 892 2,152
Electricity and Related Product Sales [Member] | PJM [Member] | Third-Party Sales [Member] | Eliminations [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 0 0 0
Electricity and Related Product Sales [Member] | PJM [Member] | Sales to Affiliates [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 0 0 0
Electricity and Related Product Sales [Member] | PJM [Member] | Sales to Affiliates [Member] | Eliminations [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers (114) (114) (151)
Electricity and Related Product Sales [Member] | NYISO [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers     88
Electricity and Related Product Sales [Member] | NYISO [Member] | Eliminations [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers     0
Electricity and Related Product Sales [Member] | ISO-NE [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 5 13 96
Electricity and Related Product Sales [Member] | ISO-NE [Member] | Eliminations [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 0 0 0
Gas Sales [Member] | Third-Party Sales [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 206 206 458
Gas Sales [Member] | Third-Party Sales [Member] | Eliminations [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 0 0 0
Gas Sales [Member] | Sales to Affiliates [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 0 0 0
Gas Sales [Member] | Sales to Affiliates [Member] | Eliminations [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers (846) (984) (1,243)
Other Revenues from Contracts with Customers [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [3] 1,054 994 989
Other Revenues from Contracts with Customers [Member] | Eliminations [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [3] (6) (5) (6)
Public Service Electric and Gas Company [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 8,158 7,517 7,839
Revenues Unrelated to Contracts with Customers [1] 291 290 96
Total Operating Revenues 8,449 7,807 7,935
Public Service Electric and Gas Company [Member] | Electric Distribution [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 3,977 3,494 3,503
Public Service Electric and Gas Company [Member] | Gas Distribution [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 2,059 1,982 2,357
Public Service Electric and Gas Company [Member] | Transmission [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 1,754 1,673 1,589
Public Service Electric and Gas Company [Member] | Electricity and Related Product Sales [Member] | PJM [Member] | Third-Party Sales [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 0 0 0
Public Service Electric and Gas Company [Member] | Electricity and Related Product Sales [Member] | PJM [Member] | Sales to Affiliates [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 0 0 0
Public Service Electric and Gas Company [Member] | Electricity and Related Product Sales [Member] | NYISO [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers     0
Public Service Electric and Gas Company [Member] | Electricity and Related Product Sales [Member] | ISO-NE [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 0 0 0
Public Service Electric and Gas Company [Member] | Gas Sales [Member] | Third-Party Sales [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 0 0 0
Public Service Electric and Gas Company [Member] | Gas Sales [Member] | Sales to Affiliates [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers 0 0 0
Public Service Electric and Gas Company [Member] | Other Revenues from Contracts with Customers [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [3] 368 368 390
PSEG Power & Other [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [4] 2,682 2,840 4,793
Revenues Unrelated to Contracts with Customers [1],[4] 125 1,693 (1,527)
Total Operating Revenues [4],[5] 2,807 4,533 3,266
PSEG Power & Other [Member] | Electric Distribution [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [4] 0 0 0
PSEG Power & Other [Member] | Gas Distribution [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [4] 0 0 0
PSEG Power & Other [Member] | Transmission [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [4]   0 0
PSEG Power & Other [Member] | Electricity and Related Product Sales [Member] | PJM [Member] | Third-Party Sales [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [4] 819 892 2,152
PSEG Power & Other [Member] | Electricity and Related Product Sales [Member] | PJM [Member] | Sales to Affiliates [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [4] 114 114 151
PSEG Power & Other [Member] | Electricity and Related Product Sales [Member] | NYISO [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [4]     88
PSEG Power & Other [Member] | Electricity and Related Product Sales [Member] | ISO-NE [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [4] 5 13 96
PSEG Power & Other [Member] | Gas Sales [Member] | Third-Party Sales [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [4] 206 206 458
PSEG Power & Other [Member] | Gas Sales [Member] | Sales to Affiliates [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [4] 846 984 1,243
PSEG Power & Other [Member] | Other Revenues from Contracts with Customers [Member] | Operating Segments [Member]      
Revenues [Line Items]      
Revenue from Contract with Customers [3],[4] $ 692 $ 631 $ 605
[1] Includes primarily alternative revenues at PSE&G principally from the CIP program and derivative contracts and lease contracts at PSEG Power & Other.
[2] Intercompany eliminations primarily relate to intercompany transactions between PSE&G and PSEG Power. For a further discussion of the intercompany transactions between PSE&G and PSEG Power, see Note 2. Revenues and Note 24. Related-Party Transactions.
[3] Includes primarily revenues from appliance repair services and the sale of solar renewable energy credits (SRECs) at auction at PSE&G. PSEG Power & Other includes PSEG LI’s OSA with LIPA and PSEG Power’s energy management fee with LIPA.
[4] Includes revenues applicable to PSEG Power, PSEG LI and Energy Holdings.
[5] PSEG Power & Other results include net after-tax gains (losses) of $(151) million, $959 million and $(457) million in the years ended December 31, 2024, 2023 and 2022, respectively, related to the impacts of non-trading commodity mark-to-market activity, which consists of the financial impact from positions with future delivery dates.