<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-31-1996 <PERIOD-END> DEC-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 11,179,153 <OTHER-PROPERTY-AND-INVEST> 2,351,984 <TOTAL-CURRENT-ASSETS> 1,744,427 <TOTAL-DEFERRED-CHARGES> 1,639,767 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 16,915,331 <COMMON> 3,626,792 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 1,586,256 <TOTAL-COMMON-STOCKHOLDERS-EQ> 5,213,048 <PREFERRED-MANDATORY> 568,000 <PREFERRED> 113,392 <LONG-TERM-DEBT-NET> 4,580,231 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 638,051 <LONG-TERM-DEBT-CURRENT-PORT> 547,981 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 52,371 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 5,202,257 <TOT-CAPITALIZATION-AND-LIAB> 16,915,331 <GROSS-OPERATING-REVENUE> 6,041,249 <INCOME-TAX-EXPENSE> 97,277 <F1> <OTHER-OPERATING-EXPENSES> 4,689,353 <TOTAL-OPERATING-EXPENSES> 4,984,290 <OPERATING-INCOME-LOSS> 1,056,959 <OTHER-INCOME-NET> (1,920) <INCOME-BEFORE-INTEREST-EXPEN> 1,055,039 <TOTAL-INTEREST-EXPENSE> 453,111 <NET-INCOME> 611,596 <PREFERRED-STOCK-DIVIDENDS> 50,902 <EARNINGS-AVAILABLE-FOR-COMM> 611,596 <COMMON-STOCK-DIVIDENDS> 522,565 <TOTAL-INTEREST-ON-BONDS> 386,289 <CASH-FLOW-OPERATIONS> 1,434,460 <EPS-PRIMARY> $2.52 <EPS-DILUTED> $2.52 <FN> <F1>State Income Taxes of $4,684 and Federal Income Taxes for Other Income of $2,340 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>