Debt and Credit Facilities (Tables)

3 Months Ended

Mar. 31, 2025

Debt and Credit Facilities [Abstract]

The total committed credit facilities and available liquidity as of March 31, 2025 were as follows:



	As of March 31, 2025
Company/Facility	Total Facility		Usage (B)		Available Liquidity		Expiration Date	Primary Purpose
	Millions
PSEG
Revolving Credit Facility (A)	$	1,500	$	14	$	1,486	Mar 2029	Commercial Paper Support/Funding/Letters of Credit
Total PSEG	$	1,500	$	14	$	1,486
PSE&G
Revolving Credit Facility	$	1,000	$	25	$	975	Mar 2029	Commercial Paper Support/Funding/Letters of Credit
Total PSE&G	$	1,000	$	25	$	975
PSEG Power
Revolving Credit Facility (A)	$	1,250	$	37	$	1,213	Mar 2029	Funding/Letters of Credit
Letter of Credit Facility		75		45		30	Apr 2026	Letters of Credit
Total PSEG Power	$	1,325	$	82	$	1,243
Total (C)	$	3,825	$	121	$	3,704

(A)

Master Credit Facility with sub-limits of $1.5 billion for PSEG and $1.25 billion for PSEG Power; sub-limits can be adjusted pursuant to the terms of the Master Credit Facility agreement. The PSEG sub-limit includes a sustainability linked pricing based mechanism with potential increases or decreases, which are not expected to be material, depending on performance relative to targeted methane emission reductions.

(B)

The primary use of PSEG’s and PSE&G’s credit facilities is to support their respective Commercial Paper Programs, under which as of March 31, 2025, neither PSEG nor PSE&G had commercial paper outstanding.

(C)

Amounts do not include uncommitted credit facilities or 364-day term loans, if any apply.