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Financing Receivables (Tables)

12 Months Ended

Dec. 31, 2024

Public Service Electric and Gas Company [Member]

Schedule of Financial Receivables [Line Items]

Schedule of Credit Risk Profile Based on Payment Activity

			As of December 31,
	Outstanding Loans by Class of Customers		2024				2023
			Millions
	Commercial/Industrial		$	38			$	60
	Residential			2				3
	Total			40				63
	Current Portion (included in Accounts Receivable)			(17	)			(23	)
	Noncurrent Portion (included in Long-Term Investments)		$	23			$	40

The solar loans originated under three Solar Loan Programs are comprised as follows:

Programs

Balance as of December 31, 2024

Funding Provided

Residential Loan Term

Non-Residential Loan Term

Millions

Solar Loan I

$

1

prior to 2013

10 years

15 years

Solar Loan II

20

prior to 2015

10 years

15 years

Solar Loan III

19

prior to 2022

10 years

10 years

Total

$

40

The average life of loans paid in full is eight years, which is lower than the loan terms of 10 to 15 years due to the generation of SRECs being greater than expected and/or cash payments made to the loan. Payments on all outstanding loans were current as of December 31, 2024 and have an average remaining life of approximately two years. There are no remaining residential loans outstanding under the Solar Loan I program.

Energy Holdings [Member]

Schedule of Financial Receivables [Line Items]

Schedule of Lease Receivables, Net of Nonrecourse Debt, Associated With Leveraged Lease Portfolio Based on Counterparty Credit Rating

The corresponding receivables associated with the lease portfolio are reflected as follows, net of non-recourse debt. The ratings in the table represent the ratings of the entities providing payment assurance to Energy Holdings.

			Lease Receivables, Net of Non-Recourse Debt
	Counterparties’ Standard & Poor’s (S&P) Credit Rating as of December 31, 2024		As of December 31, 2024
			Millions
	AA		$	7
	A-			39
	BBB+			154
	Total		$	200

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Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark.

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