PUBLIC SERVICE ELECTRIC & GAS CO
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
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Schedule II - Valuation and Qualifying Accounts
Schedule II—Valuation and Qualifying Acco unts Years Ended December 31, 2025—December 31, 2023
| Column A · Column B · Column C Additions · Column D · Column E | |||||||
|---|---|---|---|---|---|---|---|
| Description · Balance atBeginningof Period · Charged tocost andexpenses · Charged tootheraccounts-describe · Deductions-describe · Balance atEnd ofPeriod | |||||||
| Millions | |||||||
| Allowance for Credit Losses | $215 | $145 | (A) | $— | $106 | (B) | $254 |
| Materials and Supplies Valuation Reserve | 13 | 1 | — | — | 14 | ||
| Allowance for Credit Losses | $283 | $103 | (A) | $— | $171 | (B) | $215 |
| Materials and Supplies Valuation Reserve | 14 | 1 | — | 2 | (C) | 13 | |
| Allowance for Credit Losses | $339 | $100 | (A) | $— | $156 | (B) | $283 |
| Materials and Supplies Valuation Reserve | 10 | 4 | — | — | 14 | ||
(A)
For a discussion of bad debt recoveries, see Item 8. Note 1. Organization, Basis of Presentation and Summary of Significant Accounting Policies.
(B)
Accounts Receivable written off.
(C)
Reserve reduced to appropriate level and to remove obsolete inventory.
| Column A · Column B · Column C Additions · Column D · Column E | |||||||
|---|---|---|---|---|---|---|---|
| Description · Balance atBeginning ofPeriod · Charged tocost andexpenses · Charged tootheraccounts-describe · Deductions-describe · Balance atEnd ofPeriod | |||||||
| Millions | |||||||
| Allowance for Credit Losses | $215 | $145 | (A) | $— | $106 | (B) | $254 |
| Materials and Supplies Valuation Reserve | 6 | 1 | — | — | 7 | ||
| Allowance for Credit Losses | $283 | $103 | (A) | $— | $171 | (B) | $215 |
| Materials and Supplies Valuation Reserve | 7 | 1 | — | 2 | (C) | 6 | |
| Allowance for Credit Losses | $339 | $100 | (A) | $— | $156 | (B) | $283 |
| Materials and Supplies Valuation Reserve | 4 | 3 | — | — | 7 | ||
(A)
For a discussion of bad debt recoveries, see Item 8. Note 1. Organization, Basis of Presentation and Summary of Significant Accounting Policies.
(B)
Accounts Receivable written off.
(C)
Reserve reduced to appropriate level and to remove obsolete inventory.
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