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v3.25.2

Commitments and Contingent Liabilities (Tables) | 6 Months Ended
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Jun. 30, 2025
PSEG Power [Member] |
Loss Contingencies [Line Items] |
Schedule of Outstanding Guarantees, Current Exposure and Margin Positions | The following table shows the face value of PSEG Power’s outstanding guarantees, current exposure and margin positions as of June 30, 2025 and December 31, 2024.
|  |  | As of |  |  | As of |  |
|  |  | June 30, 2025 |  |  | December 31, 2024 |  |
|  |  | Millions |  |
| Face Value of Outstanding Guarantees |  | $ | 1,024 |  |  | $ | 1,272 |  |
| Exposure under Current Guarantees |  | $ | 59 |  |  | $ | 47 |  |
| Letters of Credit - Counterparty Margining Posted |  | $ | 19 |  |  | $ | 4 |  |
| Letters of Credit - Counterparty Margining Received |  | $ | 9 |  |  | $ | 24 |  |
| Cash Deposited and Received |  |  |  |  |  |  |
| Counterparty Cash Collateral Deposited |  | $ | — |  |  | $ | — |  |
| Counterparty Cash Collateral Received |  | $ | — |  |  | $ | (1 | ) |
| Net Broker Balance Deposited (Received) |  | $ | 257 |  |  | $ | 245 |  |
| Additional Amounts Posted |  |  |  |  |  |  |
| Other Letters of Credit |  | $ | 161 |  |  | $ | 155 |  |
Public Service Electric and Gas Company [Member] |
Loss Contingencies [Line Items] |
Schedule of Contract for Anticipated BGS-RSCP Fixed Price Eligible Load | The contract prices in dollars per MWh for the BGS-RSCP supply, as well as the approximate load, are as follows:
|  |  | Auction Year |  |  |
|  |  | 2022 |  |  | 2023 |  |  | 2024 |  |  | 2025 |  |  |
| 36-Month Terms Ending |  | May 2025 |  |  | May 2026 |  |  | May 2027 |  |  | May 2028 |  | (A) |
| Load (MW) |  |  | 2,800 |  |  |  | 2,800 |  |  |  | 2,900 |  |  |  | 2,800 |  |  |
| $ per MWh |  | $ | 76.30 |  |  | $ | 93.11 |  |  | $ | 80.88 |  |  | $ | 107.36 |  |  |
(A) Prices set in the 2025 BGS auction became effective on June 1, 2025 when the 2022 BGS auction agreements expired.

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- Definition Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482425/460-10-50-4 + Details
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- Definition Tabular disclosure of information concerning the terms and significance of long term contracts to purchase power (generally referred to as purchase power agreements (PPAs) or power sale agreements (PSAs)) including date of contract expiration, share of plant output being purchased, estimated annual cost, annual minimum debt service payment required and amount of related long-term debt or lease obligations outstanding. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 980 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 10.D) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480114/980-10-S99-1 + Details
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