<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> 0000788784 <NAME> PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 11,100,113 <OTHER-PROPERTY-AND-INVEST> 2,844,882 <TOTAL-CURRENT-ASSETS> 1,601,224 <TOTAL-DEFERRED-CHARGES> 1,701,261 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 17,247,480 <COMMON> 3,603,300 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 1,544,421 <TOTAL-COMMON-STOCKHOLDERS-EQ> 5,147,721 <PREFERRED-MANDATORY> 588,000 <PREFERRED> 94,523 <LONG-TERM-DEBT-NET> 4,713,494 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 990,991 <LONG-TERM-DEBT-CURRENT-PORT> 532,359 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 51,969 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 5,128,423 <TOT-CAPITALIZATION-AND-LIAB> 17,247,480 <GROSS-OPERATING-REVENUE> 3,055,456 <INCOME-TAX-EXPENSE> 129,863 <F1> <OTHER-OPERATING-EXPENSES> 2,370,874 <TOTAL-OPERATING-EXPENSES> 2,526,922 <OPERATING-INCOME-LOSS> 528,534 <OTHER-INCOME-NET> (49,096) <INCOME-BEFORE-INTEREST-EXPEN> 479,438 <TOTAL-INTEREST-EXPENSE> 226,377 <NET-INCOME> 231,013 <PREFERRED-STOCK-DIVIDENDS> 28,722 <EARNINGS-AVAILABLE-FOR-COMM> 231,013 <COMMON-STOCK-DIVIDENDS> 250,514 <TOTAL-INTEREST-ON-BONDS> 192,672 <CASH-FLOW-OPERATIONS> 298,999 <EPS-PRIMARY> .99 <EPS-DILUTED> .99 <FN> <F1>State Income Taxes of $3,469 and Federal Income Taxes for Other Income of $(26,185) were incorporated into this line item for FDS purposes. In the referenced financial statements, State Income Taxes are included in Taxes - Other and Total Other Income and Deductions are net of the above applicable federal income taxes. </FN>