<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>1000000
       
                       
<PERIOD-TYPE>             6-MOS
<FISCAL-YEAR-END>        DEC-31-1997
<PERIOD-START>           JAN-01-1998
<PERIOD-END>             JUN-30-1998
<BOOK-VALUE>                PER-BOOK
<TOTAL-NET-UTILITY-PLANT>     10,897
<OTHER-PROPERTY-AND-INVEST>    3,700
<TOTAL-CURRENT-ASSETS>         1,784
<TOTAL-DEFERRED-CHARGES>       1,586
<OTHER-ASSETS>                     0
<TOTAL-ASSETS>                17,967
<COMMON>                       3,603
<CAPITAL-SURPLUS-PAID-IN>          0
<RETAINED-EARNINGS>            1,675
<TOTAL-COMMON-STOCKHOLDERS-EQ> 5,251
<PREFERRED-MANDATORY>            963
<PREFERRED>                       95
<LONG-TERM-DEBT-NET>           4,614
<SHORT-TERM-NOTES>                 0
<LONG-TERM-NOTES-PAYABLE>          0
<COMMERCIAL-PAPER-OBLIGATIONS> 1,069
<LONG-TERM-DEBT-CURRENT-PORT>    646
<PREFERRED-STOCK-CURRENT>          0
<CAPITAL-LEASE-OBLIGATIONS>       50
<LEASES-CURRENT>                   0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 5,279
<TOT-CAPITALIZATION-AND-LIAB> 17,967
<GROSS-OPERATING-REVENUE>      3,458
<INCOME-TAX-EXPENSE>             226  <F1>
<OTHER-OPERATING-EXPENSES>     2,668
<TOTAL-OPERATING-EXPENSES>     2,889
<OPERATING-INCOME-LOSS>          569
<OTHER-INCOME-NET>                 8
<INCOME-BEFORE-INTEREST-EXPEN>   577
<TOTAL-INTEREST-EXPENSE>         264  <F2>
<NET-INCOME>                     313
<PREFERRED-STOCK-DIVIDENDS>       35
<EARNINGS-AVAILABLE-FOR-COMM>    313
<COMMON-STOCK-DIVIDENDS>         251
<TOTAL-INTEREST-ON-BONDS>        200
<CASH-FLOW-OPERATIONS>           536
<EPS-PRIMARY>                   1.35
<EPS-DILUTED>                   1.35
<FN>
<F1> State  Income  Taxes of $1 and  Federal  Income  Taxes of $4 for Other
Income were  incorporated  into this line for FDS  purposes.  In the  referenced
financial  statements,  Total Other Income and  Deductions  are net of the above
applicable Federal and State income taxes.
<F2>Total interest expense includes Preferred Securities Dividends Requirements.
</FN>