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Debt and Credit Facilities Debt and Credit Facilities (Tables)
 6 Months Ended
Jun. 30, 2021
Debt and Credit Facilities [Abstract]  
Schedule of Line of Credit Facilities [Table Text Block] Each of the credit facilities is restricted as to availability and use to the specific companies as listed in the following table; however, if necessary, the PSEG facilities can also be used to support its subsidiaries’ liquidity needs.
The total credit facilities and available liquidity as of June 30, 2021 were as follows:
As of June 30, 2021
Company/FacilityTotal
Facility		Usage (D)Available
Liquidity		Expiration
Date		Primary Purpose
Millions
PSEG
  5-year Credit Facilities (A)$1,500 $202 $1,298 Mar 2024Commercial Paper Support/Funding/Letters of Credit
Total PSEG$1,500 $202 $1,298 
PSE&G
  5-year Credit Facility (B)$600 $18 $582 Mar 2024Commercial Paper Support/Funding/Letters of Credit
Total PSE&G$600 $18 $582 
PSEG Power
  3-year Letter of Credit Facility (E)$100 $— $100 Sept 2021Letters of Credit
  3-year Letter of Credit Facility100 86 14 Sept 2022Letters of Credit
  5-year Credit Facilities (C)1,900 39 1,861 Mar 2024Funding/Letters of Credit
Total PSEG Power$2,100 $125 $1,975 
Total$4,200 $345 $3,855 
(A)PSEG facilities will be reduced by $9 million in March 2022.
(B)PSE&G facility will be reduced by $4 million in March 2022.
(C)PSEG Power facilities will be reduced by $12 million in March 2022.
(D)The primary use of PSEG’s and PSE&G’s credit facilities is to support their respective Commercial Paper Programs, under which as of June 30, 2021, PSEG had $200 million outstanding at a weighted average interest rate of 0.23%. PSE&G had no Commercial Paper outstanding as of June 30, 2021.
(E)PSEG Power letter of credit facility was terminated in July 2021.
Short-Term Loans
PSEG
In May and March 2021, PSEG entered into two 364-day variable rate term loan agreements for $750 million and $500 million, respectively. In March 2020, PSEG entered into a $300 million, 364-day variable rate term loan agreement which was prepaid in January 2021.