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Long-Term Investments (Tables) | 12 Months Ended
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Dec. 31, 2024
Schedule of Long Term Investments | Long-Term Investments as of December 31, 2024 and 2023 included the following:
|  |  | As of December 31, |  |
|  |  | 2024 |  |  | 2023 |  |
|  |  | Millions |  |
| PSE&G |  |  |  |  |  |  |
| Life Insurance and Supplemental Benefits |  | $ | 67 |  |  | $ | 77 |  |
| Solar Loans |  |  | 23 |  |  |  | 40 |  |
| PSEG Power & Other |  |  |  |  |  |  |
| Lease Investments |  |  | 150 |  |  |  | 161 |  |
| Equity Method Investments (A) |  |  | 21 |  |  |  | 17 |  |
| Other |  |  | 2 |  |  |  | — |  |
| Total Long-Term Investments |  | $ | 263 |  |  | $ | 295 |  |
(A) During the years ended December 31, 2024 and 2023, there were no dividends from these investments. During the year ended December 31, 2022, dividends from these investments were $8 million.
Schedule Of Net Investment In Leveraged Leases | The following table shows Energy Holdings’ gross and net lease investment as of December 31, 2024 and2023.
|  |  | As of December 31, |  |
|  |  | 2024 |  |  | 2023 |  |
|  |  | Millions |  |
| Lease Receivables (net of Non-Recourse Debt) |  | $ | 200 |  |  | $ | 223 |  |
| Estimated Residual Value of Leased Assets |  |  | — |  |  |  | — |  |
| Total Investment in Rental Receivables |  |  | 200 |  |  |  | 223 |  |
| Unearned and Deferred Income |  |  | (50 | ) |  |  | (62 | ) |
| Gross Investments in Leases |  |  | 150 |  |  |  | 161 |  |
| Deferred Tax Liabilities |  |  | (33 | ) |  |  | (36 | ) |
| Net Investments in Leases |  | $ | 117 |  |  | $ | 125 |  |
Schedule Of Pre-Tax Income And Income Tax Effects Related To Investments In Leveraged Leases | The pre-tax income and income tax effects related to investments in leases were immaterial for the years ended December 31, 2024, 2023 and 2022.
Public Service Electric and Gas Company [Member] |
Schedule of Long Term Investments | Long-Term Investments as of December 31, 2024 and 2023 included the following:
|  |  | As of December 31, |  |
|  |  | 2024 |  |  | 2023 |  |
|  |  | Millions |  |
| PSE&G |  |  |  |  |  |  |
| Life Insurance and Supplemental Benefits |  | $ | 67 |  |  | $ | 77 |  |
| Solar Loans |  |  | 23 |  |  |  | 40 |  |
| PSEG Power & Other |  |  |  |  |  |  |
| Lease Investments |  |  | 150 |  |  |  | 161 |  |
| Equity Method Investments (A) |  |  | 21 |  |  |  | 17 |  |
| Other |  |  | 2 |  |  |  | — |  |
| Total Long-Term Investments |  | $ | 263 |  |  | $ | 295 |  |
(A) During the years ended December 31, 2024 and 2023, there were no dividends from these investments. During the year ended December 31, 2022, dividends from these investments were $8 million.
Schedule Of Net Investment In Leveraged Leases | The following table shows Energy Holdings’ gross and net lease investment as of December 31, 2024 and2023.
|  |  | As of December 31, |  |
|  |  | 2024 |  |  | 2023 |  |
|  |  | Millions |  |
| Lease Receivables (net of Non-Recourse Debt) |  | $ | 200 |  |  | $ | 223 |  |
| Estimated Residual Value of Leased Assets |  |  | — |  |  |  | — |  |
| Total Investment in Rental Receivables |  |  | 200 |  |  |  | 223 |  |
| Unearned and Deferred Income |  |  | (50 | ) |  |  | (62 | ) |
| Gross Investments in Leases |  |  | 150 |  |  |  | 161 |  |
| Deferred Tax Liabilities |  |  | (33 | ) |  |  | (36 | ) |
| Net Investments in Leases |  | $ | 117 |  |  | $ | 125 |  |
Schedule Of Pre-Tax Income And Income Tax Effects Related To Investments In Leveraged Leases | The pre-tax income and income tax effects related to investments in leases were immaterial for the years ended December 31, 2024, 2023 and 2022.

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