EXHIBIT 23.2

INDEPENDENT AUDITORS' CONSENT

We consent to the use in this  Registration  Statement  of PSEG Energy  Holdings
Inc.  on  Form  S-4 of our  report  dated  August  16,  1999  appearing  in this
Prospectus, which is a part of this Registration Statement, and to the reference
to us under the heading "Experts" in such Prospectus.

/s/ Deloitte & Touche LLP

Parsippany, New Jersey
January 28, 2000