<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from Form 10-K and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000081033 <NAME> PUBLIC SERVICE ELECTRIC AND GAS COMPANY <MULTIPLIER> 1000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 11,179,153 <OTHER-PROPERTY-AND-INVEST> 534,847 <TOTAL-CURRENT-ASSETS> 1,447,430 <TOTAL-DEFERRED-CHARGES> 1,637,924 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 14,799,354 <COMMON> 2,563,003 <CAPITAL-SURPLUS-PAID-IN> 594,395 <RETAINED-EARNINGS> 1,365,003 <TOTAL-COMMON-STOCKHOLDERS-EQ> 4,522,401 <PREFERRED-MANDATORY> 568,000 <PREFERRED> 113,392 <LONG-TERM-DEBT-NET> 4,107,331 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 638,051 <LONG-TERM-DEBT-CURRENT-PORT> 423,500 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 52,371 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 4,374,308 <TOT-CAPITALIZATION-AND-LIAB> 14,799,354 <GROSS-OPERATING-REVENUE> 5,825,356 <INCOME-TAX-EXPENSE> 267,619<F1> <OTHER-OPERATING-EXPENSES> 4,613,596 <TOTAL-OPERATING-EXPENSES> 4,878,875 <OPERATING-INCOME-LOSS> 946,481 <OTHER-INCOME-NET> (1,942) <INCOME-BEFORE-INTEREST-EXPEN> 944,539 <TOTAL-INTEREST-EXPENSE> 398,581 <NET-INCOME> 535,071 <PREFERRED-STOCK-DIVIDENDS> 23,161 <EARNINGS-AVAILABLE-FOR-COMM> 530,087 <COMMON-STOCK-DIVIDENDS> 524,300 <TOTAL-INTEREST-ON-BONDS> 343,351 <CASH-FLOW-OPERATIONS> 1,203,446 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1>State Income Taxes of $(97) and Federal Income Taxes for Other Income of $2,340 were incorporated into this line item 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>