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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported) July 17, 2002

                  PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED
                  --------------------------------------------
             (Exact name of registrant as specified in its charter)

  New Jersey                   001-09120                         22-2625848
  ----------                   ---------                         ----------
(State or other        (Commission File Number)               (I.R.S. Employer
jurisdiction of                                              Identification No.)
incorporation)
                          80 Park Plaza, P.O. Box 1171
                          Newark, New Jersey 07101-1171
                          -----------------------------
               (Address of principal executive offices) (Zip Code)

                                  973-430-7000
                                  ------------
              (Registrant's telephone number, including area code)

                              http://www.pseg.com
                               -------------------
                         (Registrant's internet address)


                                 PSEG POWER LLC
                                 --------------
             (Exact name of registrant as specified in its charter)

   Delaware                    000-49614                         22-3663480
  ----------                   ---------                         ----------
(State or other        (Commission File Number)               (I.R.S. Employer
jurisdiction of                                              Identification No.)
incorporation)
                          80 Park Plaza, P.O. Box 570
                          Newark, New Jersey 07101-0570
                          -----------------------------
               (Address of principal executive offices) (Zip Code)

                                  973-430-7000
                                  ------------
              (Registrant's telephone number, including area code)


                     PUBLIC SERVICE ELECTRIC AND GAS COMPANY
                     ---------------------------------------
             (Exact name of registrant as specified in its charter)

  New Jersey                   001-00973                         22-1212800
  ----------                   ---------                         ----------
(State or other        (Commission File Number)               (I.R.S. Employer
jurisdiction of                                              Identification No.)
incorporation)
                          80 Park Plaza, P.O. Box 570
                          Newark, New Jersey 07101-0570
                          -----------------------------
               (Address of principal executive offices) (Zip Code)

                                  973-430-7000
                                  ------------
              (Registrant's telephone number, including area code)


                           PSEG ENERGY HOLDINGS, INC.
                           --------------------------
             (Exact name of registrant as specified in its charter)

  New Jersey                   000-32503                         22-2983750
  ----------                   ---------                         ----------
(State or other        (Commission File Number)               (I.R.S. Employer
jurisdiction of                                              Identification No.)
incorporation)
                               80 Park Plaza,T-22
                          Newark, New Jersey 07102-4194
                          -----------------------------
               (Address of principal executive offices) (Zip Code)

                                  973-456-3581
                                  ------------
              (Registrant's telephone number, including area code)

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Item 5. Other Events
- --------------------

     The following  information  updates certain matters previously  reported to
the Securities and Exchange Commission under Item 1. Business of Part I and Item
7.  Management's  Discussion and Analysis of Financial  Condition and Results of
Operations and Item 8. Financial Statements and Supplementary Data of Part II of
the  Annual  Reports  on Form  10-K for the year  ended  December  31,  2001 and
Quarterly  Reports on Form 10-Q for the  quarter  ended March 31, 2002 of Public
Service  Enterprise Group  Incorporated  (PSEG),  PSEG Power LLC, Public Service
Electric and Gas Company and PSEG Energy Holdings Inc.

PSEG Reports Earnings
- ---------------------

     Reference is made to the press release of PSEG, dated July 17, 2002, a copy
of which is attached hereto as Exhibit 99, announcing PSEG's Second-Quarter 2002
Results.

Item 7. Financial Statements and Exhibits
- -----------------------------------------

Exhibit Designation                           Nature of Exhibit
99                                            Press Release dated July 17, 2002


                                    SIGNATURE

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrants have duly caused this report to be signed on their respective behalf
by the undersigned thereunto duly authorized.


                  PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED
                                 PSEG POWER LLC
                    PUBLIC SERVICE ELECTRIC AND GAS COMPANY
                  --------------------------------------------
                                  (Registrants)


               By:              PATRICIA A. RADO
               --------------------------------------------------
                                Patricia A. Rado
                          Vice President and Controller
                         (Principal Accounting Officer)


Date: July 17, 2002

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.



                            PSEG ENERGY HOLDINGS INC.
                            -------------------------
                                  (Registrant)

               By:               Derek DiRisio
               --------------------------------------------------
                                  Derek DiRisio
                          Vice President and Controller
                         (Principal Accounting Officer)



Date: July 17, 2002