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Revenues Revenues (Tables) | 3 Months Ended
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Mar. 31, 2021
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue [Table Text Block] | Disaggregation of Revenues
|  | PSE&G |  | PSEG Power |  | Other |  | Eliminations |  | Consolidated |
|  | Millions |
| Three Months Ended March 31, 2021 |  |  |  |  |  |  |  |  |  |
| Revenues from Contracts with Customers |  |  |  |  |  |  |  |  |  |
| Electric Distribution | $ | 707 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 707 |  |
| Gas Distribution | 896 |  |  | — |  |  | — |  |  | (3) |  |  | 893 |  |
| Transmission | 399 |  |  | — |  |  | — |  |  | — |  |  | 399 |  |
| Electricity and Related Product Sales |  |  |  |  |  |  |  |  |  |
| PJM |  |  |  |  |  |  |  |  |  |
| Third-Party Sales | — |  |  | 471 |  |  | — |  |  | — |  |  | 471 |  |
| Sales to Affiliates | — |  |  | 88 |  |  | — |  |  | (88) |  |  | — |  |
| New York ISO | — |  |  | 48 |  |  | — |  |  | — |  |  | 48 |  |
| ISO New England | — |  |  | 51 |  |  | — |  |  | — |  |  | 51 |  |
| Gas Sales |  |  |  |  |  |  |  |  |  |
| Third-Party Sales | — |  |  | 60 |  |  | — |  |  | — |  |  | 60 |  |
| Sales to Affiliates | — |  |  | 410 |  |  | — |  |  | (410) |  |  | — |  |
| Other Revenues from Contracts with Customers (A) | 75 |  |  | 10 |  |  | 141 |  |  | (1) |  |  | 225 |  |
| Total Revenues from Contracts with Customers | 2,077 |  |  | 1,138 |  |  | 141 |  |  | (502) |  |  | 2,854 |  |
| Revenues Unrelated to Contracts with Customers (B) | (4) |  |  | 29 |  |  | 10 |  |  | — |  |  | 35 |  |
| Total Operating Revenues | $ | 2,073 |  |  | $ | 1,167 |  |  | $ | 151 |  |  | $ | (502) |  |  | $ | 2,889 |  |
|  | PSE&G |  | PSEG Power |  | Other |  | Eliminations |  | Consolidated |
|  | Millions |
| Three Months Ended March 31, 2020 |  |  |  |  |  |  |  |  |  |
| Revenues from Contracts with Customers |  |  |  |  |  |  |  |  |  |
| Electric Distribution | $ | 649 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 649 |  |
| Gas Distribution | 731 |  |  | — |  |  | — |  |  | (2) |  |  | 729 |  |
| Transmission | 366 |  |  | — |  |  | — |  |  | — |  |  | 366 |  |
| Electricity and Related Product Sales |  |  |  |  |  |  |  |  |  |
| PJM |  |  |  |  |  |  |  |  |  |
| Third-Party Sales | — |  |  | 368 |  |  | — |  |  | — |  |  | 368 |  |
| Sales to Affiliates | — |  |  | 121 |  |  | — |  |  | (121) |  |  | — |  |
| New York ISO | — |  |  | 25 |  |  | — |  |  | — |  |  | 25 |  |
| ISO New England | — |  |  | 48 |  |  | — |  |  | — |  |  | 48 |  |
| Gas Sales |  |  |  |  |  |  |  |  |  |
| Third-Party Sales | — |  |  | 29 |  |  | — |  |  | — |  |  | 29 |  |
| Sales to Affiliates | — |  |  | 354 |  |  | — |  |  | (354) |  |  | — |  |
| Other Revenues from Contracts with Customers (A) | 82 |  |  | 10 |  |  | 144 |  |  | (1) |  |  | 235 |  |
| Total Revenues from Contracts with Customers | 1,828 |  |  | 955 |  |  | 144 |  |  | (478) |  |  | 2,449 |  |
| Revenues Unrelated to Contracts with Customers (B) | 55 |  |  | 265 |  |  | 12 |  |  | — |  |  | 332 |  |
| Total Operating Revenues | $ | 1,883 |  |  | $ | 1,220 |  |  | $ | 156 |  |  | $ | (478) |  |  | $ | 2,781 |  |
(A)Includes primarily revenues from appliance repair services and the sale of solar renewable energy certificates (SRECs) at auction at PSE&G, solar power projects and energy management and fuel service contracts with LIPA at PSEG Power, and PSEG LI’s OSA with LIPA in Other. (B)Includes primarily alternative revenues at PSE&G, derivative contracts and lease contracts at PSEG Power, and lease contracts in Other.
Accounts Receivable, Allowance for Credit Loss [Table Text Block] | The following provides a reconciliation of PSE&G’s allowance for credit losses for the three months ended March 31, 2021 and 2020:
|  |  |  | 2021 |  | 2020 |  |
|  |  |  | Millions |  |
| Balance at Beginning of Year |  | $ | 206 |  |  | $ | 68 |  | (A) |
| Utility Customer and Other Accounts |  |  |  |  |  |
|  | Provision |  | 44 |  |  | 32 |  |  |
|  | Write-offs, net of Recoveries of $2 million in 2021 and 2020 |  | (11) |  |  | (20) |  |  |
| Balance at End of Period |  | $ | 239 |  |  | $ | 80 |  |  |
(A)Includes an $8 million pre-tax increase upon adoption of ASU 2016-13.
Revenue, Capacity Auction Obligations [Table Text Block] | Capacity Revenues from the PJM Annual Base Residual and Incremental Auctions—The Base Residual Auction is generally conducted annually three years in advance of the operating period. The 2022/2023 auction is expected to be held in the first half of 2021. PSEG Power expects to realize the following average capacity prices resulting from the base and incremental auctions, including unit specific bilateral contracts for previously cleared capacity obligations.
| Delivery Year |  | $ per MW-Day |  | MW Cleared |
| June 2020 to May 2021 |  | $167 |  | 7,600 |  |
| June 2021 to May 2022 |  | $166 |  | 7,800 |  |
Capacity Payments from the ISO New England Forward Capacity Market (FCM)—The FCM Auction is conducted annually three years in advance of the operating period. The table below includes PSEG Power’s cleared capacity in the FCM Auction for the Bridgeport Harbor Station 5 (BH5), which cleared the 2019/2020 auction at $231/MW-day for seven years, and the planned retirement of Bridgeport Harbor Station 3 in May 2021. PSEG Power expects to realize the following average capacity prices for capacity obligations to be satisfied resulting from the FCM Auctions which have been completed through May 2025 and the seven-year rate lock for BH5 through May 2026:
| Delivery Year |  | $ per MW-Day (A) |  | MW Cleared |
| June 2020 to May 2021 |  | $195 |  | 1,330 |  |
| June 2021 to May 2022 |  | $192 |  | 950 |  |
| June 2022 to May 2023 |  | $179 |  | 950 |  |
| June 2023 to May 2024 |  | $152 |  | 930 |  |
| June 2024 to May 2025 |  | $158 |  | 950 |  |
| June 2025 to May 2026 |  | $231 |  | 480 |  |

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