The dielectric properties, electric modulus and ac electrical conductivity (σac) of Al/Codoped (PVC + TCNQ)/p-Si structures have been investigated in the wide frequency and voltage range of 0.5 kHz-3 MHz and (−4 V)-(9 V), respectively, using the capacitancevoltage (C-V ) and conductance-voltage (G/ω-V ) measurements at room temperature. The real and imaginary parts of dielectric constant (ε ′ , ε ′′ ), loss tangent (tan δ), σac and the real and imaginary parts of electric modulus (M ′ , M ′′ ) were found strongly function of frequency and applied voltage especially at low frequencies. The ε ′ -V plot shows an anomalous peak in the forward bias region due to the series resistance (Rs), surface states (Nss) and interfacial layer (PVC + TCNQ) effects for each frequency and then it goes to negative values known as negative dielectric constant (NDC) at low frequencies (f ≤ 70 kHz). Such observation of NDC is important result because it implies that an increment of bias voltage produces a decrease in the charge on the electrodes. The amount of negativity ε ′ value increases with decreasing frequency and this decrement in the NDC corresponds to the increment in the ε ′′ .