Pay vs Performance Disclosure | 12 Months Ended |
Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) |
Pay vs Performance Disclosure [Table] | | | |
Pay vs Performance [Table Text Block] | PAY VERSUS PERFORMANCE In accordance with Item 402(v) of Regulation S-K, the pay-for-performance Year Summary (1&2) Compensation (1&3) Summary (1&2) Compensation (1&3) Average Non-PEO (1&2) Average Non-PEO (1&3) Value of (4) Value of (4) Net Income (5) Operating (Non-GAAP) (6) 2022 12,869,210 1,495,352 9,510,542 6,408,817 2,733,718 1,371,783 114.98 121.88 1,031 3.47 2021 14,208,674 16,757,115 - - 3,834,217 4,311,559 121.14 119.44 (648 ) 3.65 2020 14,308,254 21,440,227 - - 3,677,833 4,733,261 102.37 101.68 1,905 3.43 (1) NEOs included in these columns reflect the following: Year PEO #1 PEO #2 Non-PEO 2022 Mr. Izzo Mr. LaRossa Mr. Cregg, Ms. Linde, Ms. Hanemann, and Mr. Carr 2021 Mr. Izzo N/A Mr. Cregg, Mr. LaRossa, Ms. Linde, and Mr. Daly 2020 Mr. Izzo N/A Mr. Cregg, Mr. LaRossa, Ms. Linde, and Mr. Daly (2) Amounts reflect the total compensation for our NEOs, as reported in the Summary Compensation Table for each applicable year. (3) In accordance with Item 402(v) requirements, the fair values of unvested and outstanding equity awards were remeasured as of the end of each fiscal year, and as of each vesting date, during the years displayed in the tables below. For PSUs with a relative TSR metric, the fair values as of each measurement date (prior to the end of the performance period) were determined using a Monte Carlo simulation pricing model, with assumptions and methodologies that are generally consistent with those used to estimate fair value at grant under U.S. GAAP. The range of estimates used in the Monte Carlo calculations are as follows: (i) for 2022, volatility between 19%-41% 30%-32% 0.4%-0.7%; 22%-24% 4.3%-4.6%. 10-K. non-PEO S-K. PEO #1 PEO #2 2022 2021 2020 2022 Summary Compensation Table Total for PEO 12,869,210 14,208,674 14,308,254 9,510,542 Less: Grant Date Fair Value of Equity Awards and Less; Change in Actuarial Present Value of Benefits Reported in the Summary Compensation Table (9,100,044 ) (9,100,065 ) (10,435,075 ) (7,350,100 ) Add: Actuarially Determined Service Cost for Services Rendered During the Fiscal Year 392,466 424,401 475,639 231,485 Add: Entire Cost of Benefits Granted in an Amendment or Initiation During the Applicable Fiscal Year Atributed to Services Rendered Prior to the Amendment or Initiaion - - - - Add: Year-End 7,541,414 10,314,918 11,254,928 6,615,452 Add: Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year (7,704,660 ) (2,861,237 ) 1,673,319 (2,032,007 ) Add: Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year - - - - Add: Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards (2,900,512 ) 2,891,656 2,923,601 (764,993 ) Less: Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year - - - - Add: Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation 397,478 878,768 1,239,561 198,439 Compensation Actually Paid for PEO 1,495,352 16,757,115 21,440,227 6,408,817 2022 2021 2020 Average of Summary Compensation Table Total for NEOs (other than PEO) 2,733,718 3,834,217 3,677,833 Less: Grant Date Fair Value of Equity Awards and Less; Change in Actuarial Present Value of Benefits Reported in the Summary Compensation Table (1,437,564 ) (1,841,049 ) (2,365,541 ) Add: Actuarially Determined Service Cost for Services Rendered During the Fiscal Year 141,217 201,866 179,836 Add: Entire Cost of Benefits Granted in an Amendment or Initiation During the Applicable Fiscal Year Atributed to Services Rendered Prior to the Amendment or Initiation - - - Add: Year-End 1,191,343 1,929,838 2,065,496 Add: Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year (925,014 ) (503,004 ) 406,831 Add: Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year - - - Add: Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards (395,767 ) 528,106 508,560 Less: Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year - - - Add: Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation 63,850 161,585 260,246 Average Compensation Actually Paid for NEOs (other than PEO) 1,371,783 4,311,559 4,733,261 (4) The Company’s TSR and the Company’s Peer Group TSR reflected in these columns for each applicable fiscal year is calculated based on a fixed investment of $100 at the applicable measurement point on the same cumulative basis as is used in Item 201(e) of Regulation S-K. S-K. (5) Amounts reflect PSEG’s net income as reported in our audited financial statements for the applicable year. (6) While we use numerous financial and non-financial Non-GAAP | | |
Company Selected Measure Name | Operating EPS | | |
Named Executive Officers, Footnote [Text Block] | (1) NEOs included in these columns reflect the following: Year PEO #1 PEO #2 Non-PEO 2022 Mr. Izzo Mr. LaRossa Mr. Cregg, Ms. Linde, Ms. Hanemann, and Mr. Carr 2021 Mr. Izzo N/A Mr. Cregg, Mr. LaRossa, Ms. Linde, and Mr. Daly 2020 Mr. Izzo N/A Mr. Cregg, Mr. LaRossa, Ms. Linde, and Mr. Daly | | |
Peer Group Issuers, Footnote [Text Block] | The Company’s TSR and the Company’s Peer Group TSR reflected in these columns for each applicable fiscal year is calculated based on a fixed investment of $100 at the applicable measurement point on the same cumulative basis as is used in Item 201(e) of Regulation S-K. S-K. | | |
Adjustment To PEO Compensation, Footnote [Text Block] | PEO #1 PEO #2 2022 2021 2020 2022 Summary Compensation Table Total for PEO 12,869,210 14,208,674 14,308,254 9,510,542 Less: Grant Date Fair Value of Equity Awards and Less; Change in Actuarial Present Value of Benefits Reported in the Summary Compensation Table (9,100,044 ) (9,100,065 ) (10,435,075 ) (7,350,100 ) Add: Actuarially Determined Service Cost for Services Rendered During the Fiscal Year 392,466 424,401 475,639 231,485 Add: Entire Cost of Benefits Granted in an Amendment or Initiation During the Applicable Fiscal Year Atributed to Services Rendered Prior to the Amendment or Initiaion - - - - Add: Year-End 7,541,414 10,314,918 11,254,928 6,615,452 Add: Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year (7,704,660 ) (2,861,237 ) 1,673,319 (2,032,007 ) Add: Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year - - - - Add: Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards (2,900,512 ) 2,891,656 2,923,601 (764,993 ) Less: Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year - - - - Add: Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation 397,478 878,768 1,239,561 198,439 Compensation Actually Paid for PEO 1,495,352 16,757,115 21,440,227 6,408,817 | | |
Non-PEO NEO Average Total Compensation Amount | $ 2,733,718 | $ 3,834,217 | $ 3,677,833 |
Non-PEO NEO Average Compensation Actually Paid Amount | $ 1,371,783 | 4,311,559 | 4,733,261 |
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] | 2022 2021 2020 Average of Summary Compensation Table Total for NEOs (other than PEO) 2,733,718 3,834,217 3,677,833 Less: Grant Date Fair Value of Equity Awards and Less; Change in Actuarial Present Value of Benefits Reported in the Summary Compensation Table (1,437,564 ) (1,841,049 ) (2,365,541 ) Add: Actuarially Determined Service Cost for Services Rendered During the Fiscal Year 141,217 201,866 179,836 Add: Entire Cost of Benefits Granted in an Amendment or Initiation During the Applicable Fiscal Year Atributed to Services Rendered Prior to the Amendment or Initiation - - - Add: Year-End 1,191,343 1,929,838 2,065,496 Add: Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year (925,014 ) (503,004 ) 406,831 Add: Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year - - - Add: Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards (395,767 ) 528,106 508,560 Less: Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year - - - Add: Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation 63,850 161,585 260,246 Average Compensation Actually Paid for NEOs (other than PEO) 1,371,783 4,311,559 4,733,261 | | |
Compensation Actually Paid vs. Total Shareholder Return [Text Block] | Relationship Between Compensation Actually Paid for CEO and NEOs (Average) vs. Cumulative TSR of Company and the Peer Group The graph below illustrates the trend in “compensation actually paid” over the three years comp ar | | |
Compensation Actually Paid vs. Net Income [Text Block] | Relationship Between Compensation Actually Paid for CEO and NEOs (Average) vs. Net Income (Loss) The graph below illustrates the trend in “compensation actually paid” over the three years to our GAAP Net Income (Loss). This illustrates that in 2021 compensation moved in alignment with net income, decreasing in 2021. For 2022, co mpe | | |
Compensation Actually Paid vs. Company Selected Measure [Text Block] | Relationship Between Compensation Actually Paid for CEO and NEOs (Average) vs. Non-GAAP The graph below illustrates the trend in “compensation actually paid” over the thre e (non-GAAP). | | |
Tabular List [Table Text Block] | Most Important Performance Measures Operating Earnings Per Share (non-GAAP) Relative Total Shareholder Return Return on Invested Capital Earnings Per Share Growth Environmental, Social, Governance (ESG) Index | | |
Total Shareholder Return Amount | $ 114.98 | 121.14 | 102.37 |
Peer Group Total Shareholder Return Amount | 121.88 | 119.44 | 101.68 |
Net Income (Loss) | $ 1,031,000,000 | $ (648,000,000) | $ 1,905,000,000 |
Company Selected Measure Amount | 3.47 | 3.65 | 3.43 |
Value of Initial Fixed Investment based on Total Shareholder Return | $ 100 | | |
Value of Initial Fixed Investment based on Peer Group | $ 100 | | |
Volatility Minimum | 19% | 30% | 22% |
Volatility Maximum | 41% | 32% | 24% |
Risk Free Rate Minimum | | 0.40% | 4.30% |
Risk Free Rate Maximum | 0.10% | 0.70% | 4.60% |
Measure [Axis]: 1 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Operating Earnings Per Share (non-GAAP) | | |
Non-GAAP Measure Description [Text Block] | While we use numerous financial and non-financial Non-GAAP | | |
Measure [Axis]: 2 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Relative Total Shareholder Return | | |
Measure [Axis]: 3 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Return on Invested Capital | | |
Measure [Axis]: 4 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Earnings Per Share Growth | | |
Measure [Axis]: 5 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Environmental, Social, Governance (ESG) Index | | |
Mr. Izzo [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
PEO Total Compensation Amount | $ 12,869,210 | $ 14,208,674 | $ 14,308,254 |
PEO Actually Paid Compensation Amount | $ 1,495,352 | $ 16,757,115 | $ 21,440,227 |
PEO Name | Mr. Izzo | Mr. Izzo | Mr. Izzo |
Mr. LaRossa [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
PEO Total Compensation Amount | $ 9,510,542 | | |
PEO Actually Paid Compensation Amount | $ 6,408,817 | | |
PEO Name | Mr. LaRossa | | |
PEO [Member] | Mr. Izzo [Member] | Less: Grant Date Fair Value of Equity Awards and Less Change in Actuarial Present Value of Benefits [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | $ (9,100,044) | $ (9,100,065) | $ (10,435,075) |
PEO [Member] | Mr. Izzo [Member] | Add Actuarially Determined Service Cost for Services Rendered [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 392,466 | 424,401 | 475,639 |
PEO [Member] | Mr. Izzo [Member] | Add YearEnd Fair Value of Awards Granted in the Applicable Year that are Outstanding and Unvested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 7,541,414 | 10,314,918 | 11,254,928 |
PEO [Member] | Mr. Izzo [Member] | Add Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (7,704,660) | (2,861,237) | 1,673,319 |
PEO [Member] | Mr. Izzo [Member] | Add Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (2,900,512) | 2,891,656 | 2,923,601 |
PEO [Member] | Mr. Izzo [Member] | Add Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 397,478 | 878,768 | 1,239,561 |
PEO [Member] | Mr. LaRossa [Member] | Less: Grant Date Fair Value of Equity Awards and Less Change in Actuarial Present Value of Benefits [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (7,350,100) | | |
PEO [Member] | Mr. LaRossa [Member] | Add Actuarially Determined Service Cost for Services Rendered [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 231,485 | | |
PEO [Member] | Mr. LaRossa [Member] | Add YearEnd Fair Value of Awards Granted in the Applicable Year that are Outstanding and Unvested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 6,615,452 | | |
PEO [Member] | Mr. LaRossa [Member] | Add Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (2,032,007) | | |
PEO [Member] | Mr. LaRossa [Member] | Add Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (764,993) | | |
PEO [Member] | Mr. LaRossa [Member] | Add Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 198,439 | | |
Non-PEO NEO [Member] | Less: Grant Date Fair Value of Equity Awards and Less Change in Actuarial Present Value of Benefits [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (1,437,564) | (1,841,049) | (2,365,541) |
Non-PEO NEO [Member] | Add Actuarially Determined Service Cost for Services Rendered [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 141,217 | 201,866 | 179,836 |
Non-PEO NEO [Member] | Add YearEnd Fair Value of Awards Granted in the Applicable Year that are Outstanding and Unvested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 1,191,343 | 1,929,838 | 2,065,496 |
Non-PEO NEO [Member] | Add Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (925,014) | (503,004) | 406,831 |
Non-PEO NEO [Member] | Add Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (395,767) | 528,106 | 508,560 |
Non-PEO NEO [Member] | Add Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | $ 63,850 | $ 161,585 | $ 260,246 |