EXHIBIT 23.2

CONSENT OF INDEPENDENT ACCOUNTANTS

We consent to the use in this  Amendment  No. 4 to  Registration  Statement  No.
333-95697  of PSEG  Energy  Holdings  Inc.  of our report  dated June 14,  2000,
appearing in the Prospectus, which is a part of this Registration Statement, and
to the reference to us under the heading "Experts" in such Prospectus.

Deloitte & Touche LLP

Parsippany, New Jersey
June 28, 2000