<ARTICLE> UT
<LEGEND>
This schedule contains summary information extracted from SEC Form 10-K 
and is qualified in its entirety by reference to such financial 
statements.
</LEGEND>
<CIK> 0000788784
<NAME> PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED
<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                   11,187,431
<OTHER-PROPERTY-AND-INVEST>                  2,866,052
<TOTAL-CURRENT-ASSETS>                       1,560,117
<TOTAL-DEFERRED-CHARGES>                     1,557,839
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                              17,171,439
<COMMON>                                     3,801,157
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                          1,643,785
<TOTAL-COMMON-STOCKHOLDERS-EQ>               5,444,942
<PREFERRED-MANDATORY>                          360,000
<PREFERRED>                                    324,994
<LONG-TERM-DEBT-NET>                         5,189,791
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                 849,567
<LONG-TERM-DEBT-CURRENT-PORT>                   90,630
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                     53,111
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>               4,858,404
<TOT-CAPITALIZATION-AND-LIAB>               17,171,439
<GROSS-OPERATING-REVENUE>                    6,164,153
<INCOME-TAX-EXPENSE>                           364,194<F1>
<OTHER-OPERATING-EXPENSES>                   4,644,330
<TOTAL-OPERATING-EXPENSES>                   5,006,443
<OPERATING-INCOME-LOSS>                      1,157,710
<OTHER-INCOME-NET>                              13,365
<INCOME-BEFORE-INTEREST-EXPEN>               1,171,075
<TOTAL-INTEREST-EXPENSE>                       496,060
<NET-INCOME>                                   662,323
<PREFERRED-STOCK-DIVIDENDS>                     49,900
<EARNINGS-AVAILABLE-FOR-COMM>                  662,323
<COMMON-STOCK-DIVIDENDS>                       528,548
<TOTAL-INTEREST-ON-BONDS>                      434,066
<CASH-FLOW-OPERATIONS>                       1,492,915
<EPS-PRIMARY>                                    $2.71
<EPS-DILUTED>                                    $2.71
<FN>

<F1>State Income Taxes of $8,116 and Federal Income Taxes for Other Income of $2,081 were
incorporated into this line for FDS purposes.  In the referenced financial statements, State 
Income Taxes are included in Taxes - Other and Federal Income Taxes for Other Income are 
included in Other Income - Miscellaneous.
</FN>