<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from SEC Form 10-Q and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000081033 <NAME> PUBLIC SERVICE ELECTRIC AND GAS COMPANY <MULTIPLIER>1000000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 6,888 <OTHER-PROPERTY-AND-INVEST> 860 <TOTAL-CURRENT-ASSETS> 1,507 <TOTAL-DEFERRED-CHARGES> 5,115 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 14,370 <COMMON> 2,563 <CAPITAL-SURPLUS-PAID-IN> 594 <RETAINED-EARNINGS> 628 <TOTAL-COMMON-STOCKHOLDERS-EQ> 3,782 <PREFERRED-MANDATORY> 588 <PREFERRED> 95 <LONG-TERM-DEBT-NET> 3,100 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 905 <LONG-TERM-DEBT-CURRENT-PORT> 523 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 52 <LEASES-CURRENT> 2 <OTHER-ITEMS-CAPITAL-AND-LIAB> 5,323 <TOT-CAPITALIZATION-AND-LIAB> 14,370 <GROSS-OPERATING-REVENUE> 1,709 <INCOME-TAX-EXPENSE> 174 <F1> <OTHER-OPERATING-EXPENSES> 1,187 <TOTAL-OPERATING-EXPENSES> 1,361 <OPERATING-INCOME-LOSS> 348 <OTHER-INCOME-NET> 10 <INCOME-BEFORE-INTEREST-EXPEN> 358 <TOTAL-INTEREST-EXPENSE> 108 <F2> <NET-INCOME> 250 <PREFERRED-STOCK-DIVIDENDS> 2 <EARNINGS-AVAILABLE-FOR-COMM> 248 <COMMON-STOCK-DIVIDENDS> 217 <TOTAL-INTEREST-ON-BONDS> 73 <CASH-FLOW-OPERATIONS> 852 <EPS-BASIC> 0 <EPS-DILUTED> 0 <FN> <F1> Federal and State Income Taxes are included in this line item for FDS purposes. <F2> Total interest expense includes Preferred Securities Dividend Requirements. </FN>