SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported) March 17, 1999

                  PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED
             (Exact name of registrant as specified in its charter)

     State of New Jersey      1-9120                        22-2625848
    (State or other       (Commission                       (I.R.S. Employer
     jurisdiction of       File Number)                      Identification No.)
     incorporation)

                          80 Park Plaza, P.O. Box 1171
                          Newark, New Jersey 07101-1171
               (Address of principal executive offices) (Zip Code)

        Registrant's telephone number, including area code: 973-430-7000

                     PUBLIC SERVICE ELECTRIC AND GAS COMPANY
             (Exact name of registrant as specified in its charter)


   State of New Jersey      1-973                          22-1212800
    (State or other       (Commission                     (I.R.S. Employer
     jurisdiction of       File Number)                   Identification No.)
     incorporation)
 

                          80 Park Plaza, P.O. Box 570
                          Newark, New Jersey 07101-0570
               (Address of principal executive offices) (Zip Code)

        Registrant's telephone number, including area code: 973-430-7000



Item 5. Other Events
- --------------------

The following  information  updates certain matters  previously  reported to the
Securities and Exchange  Commission  under Item 1 - Business  and Item 3 - Legal
Proceedings  of Part I and Item 7 -  Management's  Discussion  and  Analysis  of
Financial  Condition and Results of  Operations  ("MD&A") and Item 8 - Financial
Statements and Supplementary  Data of Part II of the Annual Reports on Form 10-K
for the year ended December 31, 1998 of Public Service  Electric and Gas Company
("PSE&G")  and of its  parent,  Public  Service  Enterprise  Group  Incorporated
("PSEG").

PSE&G Rate Matters-New Jersey Energy Master Plan Proceedings
- ------------------------------------------------------------

Reference  is made to the press  release of PSEG,  dated March 17,  1999, a copy
of  which is  attached  hereto as  Exhibit 99,  announcing  PSE&G's  filing of a
proposed stipulation of its pending restructuring case with the New Jersey Board
of Public Utilities on March 17, 1999.

Item 7.  Financial Statements and Exhibits
- -------  ---------------------------------

Exhibit
Designation                  Nature of Exhibit

    99                       PSEG press release dated March 17, 1999






                                    SIGNATURE
                                    ---------

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrants  have duly caused  this  report to be signed on their  behalf by the
undersigned hereunto duly authorized.

                  PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED
                                  (Registrant)

                     PUBLIC SERVICE ELECTRIC AND GAS COMPANY
                                  (Registrant)



                               By R. EDWIN SELOVER

                -------------------------------------------------

                                R. Edwin Selover
                       Vice President and General Counsel
                  Public Service Enterprise Group Incorporated

                    Senior Vice President and General Counsel
                     Public Service Electric and Gas Company



Date:  March 18, 1999