Exhibit 24

                                POWER OF ATTORNEY

      Each Director of PSEG Energy Holdings Inc. whose  signature  appears below
hereby  appoints  Bruce  E.  Walenczyk  the  agent  for  service  named  in this
Registration Statement, and James T. Foran, Esq. as attorney-in-fact, to execute
in the name of each such  person and to file with the  Securities  and  Exchange
Commission this  Registration  Statement and any and all additional  amendments,
including post-effective amendments to this Registration Statement.

          Signature                      Title                      Date
          ---------                      -----                      ----

      /s/ FRANK CASSIDY                 Director               July 10, 2000
- ----------------------------
        Frank Cassidy

/s/ ROBERT J. DOUGHERTY, JR.            Director               July 10, 2000
- ----------------------------
     Robert J. Dougherty

    /s/ E. JAMES FERLAND                Director               July 10, 2000
- ----------------------------
      E. James Ferland

    /s/ ROBERT C. MURRAY                Director               July 10, 2000
- ----------------------------
      Robert C. Murray

    /s/ R. EDWIN SELOVER                Director               July 10, 2000
- ----------------------------
      R. Edwin Selover