Pay vs Performance Disclosure - USD ($) | 12 Months Ended |
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
Pay vs Performance Disclosure | | | | | |
Pay vs Performance Disclosure, Table | PAY VERSUS PERFORMANCE In accordance with Item 402(v) of Regulation S-K, pay-for-performance Year Summary (1&2) Compensation (1&3) Summary (1&2) Compensation (1&3) Average Non-PEO (1&2) Average to Non-PEO NEOs (1&3) Value of Initial (4) Value of Initial (4) Net Income (5) Operating (Non-GAAP) (6) 2024 N/A N/A 12,367,961 31,359,707 3,498,175 7,157,809 169.91 133.53 1,772 3.68 2023 N/A N/A 11,778,863 12,972,702 3,578,301 3,490,761 119.14 115.43 2,563 3.48 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 2024 N/A Mr. LaRossa Mr. Cregg, Ms. Linde, Ms. Hanemann, and Mr. McFeaters 2023 N/A Mr. LaRossa Mr. Cregg, Ms. Linde, Ms. Hanemann, and Mr. McFeaters 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 (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 US GAAP. The range of estimates used in the Monte Carlo calculations are as follows: (i) for 2024, volatility between 19.1%-19.3% 4.1%-4.2%; 20%-22% 4.1%-4.7%; 19%-41% 30%-32% 0.4%-0.7%; 22%-24% 4.3%-4.6%. 10-K. non-PEO S-K. Pay Versus Performance 2024 ($) Summary Compensation Table Total for PEO 12,367,961 Minus: Grant Date Fair Value of Equity Awards Granted in Fiscal Year (8,500,035) Minus: Change in Pension Value - Plus: Pension Service Cost and Associated Prior Service Cost 231,332 Plus: Fair Value at Fiscal Year End of Outstanding and Unvested Equity Awards Granted in the Fiscal Year 11,414,760 Plus: Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Fiscal Years 5,232,447 Plus: Fair Value at Vesting of Equity Awards Granted and Vested in the Fiscal Year 2,825,682 Plus: Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Fiscal Years that Vested in the Fiscal Year 6,078,318 Minus: Fair Value as of the Prior Fiscal Year End of Equity Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions in the Fiscal Year - Plus: Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Reflected in Total Compensation 1,709,242 Compensation Actually Paid for PEO 31,359,707 2024 ($) Summary Compensation Table Total for NEOs (other than PEO) 3,498,175 Minus: Grant Date Fair Value of Equity Awards Granted in Fiscal Year (1,800,049) Minus: Change in Pension Value (57,000) Plus: Pension Service Cost and Associated Prior Service Cost 115,853 Plus: Fair Value at Fiscal Year End of Outstanding and Unvested Equity Awards Granted in the Fiscal Year 2,417,339 Plus: Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Fiscal Years 1,138,527 Plus: Fair Value at Vesting of Equity Awards Granted and Vested in the Fiscal Year 598,360 Plus: Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Fiscal Years that Vested in the Fiscal Year 912,101 Minus: Fair Value as of the Prior Fiscal Year End of Equity Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions in the Fiscal Year - Plus: Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Reflected in Total Compensation 334,503 Compensation Actually Paid for NEOs (other than PEO) 7,157,809 (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. 10-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 | (1) NEOs included in these columns reflect the following: Year PEO#1 PEO#2 Non-PEO 2024 N/A Mr. LaRossa Mr. Cregg, Ms. Linde, Ms. Hanemann, and Mr. McFeaters 2023 N/A Mr. LaRossa Mr. Cregg, Ms. Linde, Ms. Hanemann, and Mr. McFeaters 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 | | | | |
Peer Group Issuers, Footnote | 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 $100 at the applicable measurement point on the same cumulative basis as is used in Item 201(e) of Regulation S-K. 10-K S-K. | | | | |
Adjustment To PEO Compensation, Footnote | 2024 ($) Summary Compensation Table Total for PEO 12,367,961 Minus: Grant Date Fair Value of Equity Awards Granted in Fiscal Year (8,500,035) Minus: Change in Pension Value - Plus: Pension Service Cost and Associated Prior Service Cost 231,332 Plus: Fair Value at Fiscal Year End of Outstanding and Unvested Equity Awards Granted in the Fiscal Year 11,414,760 Plus: Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Fiscal Years 5,232,447 Plus: Fair Value at Vesting of Equity Awards Granted and Vested in the Fiscal Year 2,825,682 Plus: Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Fiscal Years that Vested in the Fiscal Year 6,078,318 Minus: Fair Value as of the Prior Fiscal Year End of Equity Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions in the Fiscal Year - Plus: Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Reflected in Total Compensation 1,709,242 Compensation Actually Paid for PEO 31,359,707 | | | | |
Non-PEO NEO Average Total Compensation Amount | $ 3,498,175 | $ 3,578,301 | $ 2,733,718 | $ 3,834,217 | $ 3,677,833 |
Non-PEO NEO Average Compensation Actually Paid Amount | $ 7,157,809 | 3,490,761 | 1,371,783 | 4,311,559 | 4,733,261 |
Adjustment to Non-PEO NEO Compensation Footnote | 2024 ($) Summary Compensation Table Total for NEOs (other than PEO) 3,498,175 Minus: Grant Date Fair Value of Equity Awards Granted in Fiscal Year (1,800,049) Minus: Change in Pension Value (57,000) Plus: Pension Service Cost and Associated Prior Service Cost 115,853 Plus: Fair Value at Fiscal Year End of Outstanding and Unvested Equity Awards Granted in the Fiscal Year 2,417,339 Plus: Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Fiscal Years 1,138,527 Plus: Fair Value at Vesting of Equity Awards Granted and Vested in the Fiscal Year 598,360 Plus: Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Fiscal Years that Vested in the Fiscal Year 912,101 Minus: Fair Value as of the Prior Fiscal Year End of Equity Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions in the Fiscal Year - Plus: Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Reflected in Total Compensation 334,503 Compensation Actually Paid for NEOs (other than PEO) 7,157,809 | | | | |
Compensation Actually Paid vs. Total Shareholder Return | 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 five years compared to our TSR performance, as well as TSR relative to the DJU Index. This illustrates that compensation decreased in 2021, and TSR performance increased. For 2022, compensation moved in alignment with our TSR performance, decreasing in 2022. In 2023 and 2024, compensation increased in alignment with our TSR performance. Our TSR performance was stronger than the DJU Index in 2020, 2021, 2023 and 2024. | | | | |
Compensation Actually Paid vs. Net Income | 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 five years to our GAAP Net Income (Loss). This illustrates that in 2021, compensation moved in alignment with net income, decreasing in 2021. For 2022, compensation decreased and net income increased. For 2023, both compensation and net income increased. In 2024, compensation increased and net income decreased. See Appendix A for a complete list of items excluded from Net Income in the determination of non-GAAP | | | | |
Compensation Actually Paid vs. Company Selected Measure | 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 five years to our Operating EPS (non-GAAP). non-GAAP | | | | |
Total Shareholder Return Vs Peer Group | 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 five years compared to our TSR performance, as well as TSR relative to the DJU Index. This illustrates that compensation decreased in 2021, and TSR performance increased. For 2022, compensation moved in alignment with our TSR performance, decreasing in 2022. In 2023 and 2024, compensation increased in alignment with our TSR performance. Our TSR performance was stronger than the DJU Index in 2020, 2021, 2023 and 2024. | | | | |
Tabular List, Table | Most Important Company Performance Measures for Determining Executive Compensation As also required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, Most Important Performance Measures Operating Earnings Per Share (non-GAAP) Relative Total Shareholder Return Return on Invested Capital Earnings Per Share Growth ESG Index | | | | |
Total Shareholder Return Amount | $ 169.91 | 119.14 | 114.98 | 121.14 | 102.37 |
Peer Group Total Shareholder Return Amount | 133.53 | 115.43 | 121.88 | 119.44 | 101.68 |
Net Income (Loss) | $ 1,772,000,000 | $ 2,563,000,000 | $ 1,031,000,000 | $ (648,000,000) | $ 1,905,000,000 |
Company Selected Measure Amount | 3.68 | 3.48 | 3.47 | 3.65 | 3.43 |
Volatility Minimum | 19.10% | 20% | 19% | 30% | 22% |
Volatility Maximum | 19.30% | 22% | 41% | 32% | 24% |
Risk Free Rate Minimum | 4.10% | 4.10% | 0.10% | 0.40% | 4.30% |
Risk Free Rate Maximum | 4.20% | 4.70% | 0.10% | 0.70% | 4.60% |
Measure:: 1 | | | | | |
Pay vs Performance Disclosure | | | | | |
Name | Operating Earnings Per Share (non-GAAP) | | | | |
Non-GAAP Measure Description | While we use numerous financial and non-financial non-GAAP | | | | |
Measure:: 2 | | | | | |
Pay vs Performance Disclosure | | | | | |
Name | Relative Total Shareholder Return | | | | |
Measure:: 3 | | | | | |
Pay vs Performance Disclosure | | | | | |
Name | Return on Invested Capital | | | | |
Measure:: 4 | | | | | |
Pay vs Performance Disclosure | | | | | |
Name | Earnings Per Share Growth | | | | |
Measure:: 5 | | | | | |
Pay vs Performance Disclosure | | | | | |
Name | ESG Index | | | | |
Mr. LaRossa [Member] | | | | | |
Pay vs Performance Disclosure | | | | | |
PEO Total Compensation Amount | $ 12,367,961 | $ 11,778,863 | $ 9,510,542 | | |
PEO Actually Paid Compensation Amount | $ 31,359,707 | $ 12,972,702 | $ 6,408,817 | | |
PEO Name | Mr. LaRossa | Mr. LaRossa | Mr. LaRossa | | |
Mr. Izzo [Member] | | | | | |
Pay vs Performance Disclosure | | | | | |
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 |
PEO | Mr. LaRossa [Member] | Pension Adjustments Prior Service Cost | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | $ 231,332 | | | | |
PEO | Mr. LaRossa [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | (8,500,035) | | | | |
PEO | Mr. LaRossa [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | 11,414,760 | | | | |
PEO | Mr. LaRossa [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | 5,232,447 | | | | |
PEO | Mr. LaRossa [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | 2,825,682 | | | | |
PEO | Mr. LaRossa [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | 6,078,318 | | | | |
PEO | Mr. LaRossa [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | 1,709,242 | | | | |
Non-PEO NEO | Pension Adjustments Service Cost | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | (57,000) | | | | |
Non-PEO NEO | Pension Adjustments Prior Service Cost | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | 115,853 | | | | |
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | (1,800,049) | | | | |
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | 2,417,339 | | | | |
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | 1,138,527 | | | | |
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | 598,360 | | | | |
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | 912,101 | | | | |
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year | | | | | |
Pay vs Performance Disclosure | | | | | |
Adjustment to Compensation, Amount | $ 334,503 | | | | |