Exhibit 24

                                POWER OF ATTORNEY

Each Director of PSEG Energy Holdings Inc. whose signature  appears below hereby
appoints  Derek M.  DiRisio  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                September 7, 2001
- ----------------------------------
           Frank Cassidy

   /s/ Robert J. Dougherty, Jr.        Director                September 7, 2001
- ----------------------------------
     Robert J. Dougherty, Jr.

       /s/ E. James Ferland            Director                September 7, 2001
- ----------------------------------
         E. James Ferland

       /s/ Thomas M. O'Flynn           Director                September 7, 2001
- ----------------------------------
         Thomas M. O'Flynn

       /s/ R. Edwin Selover            Director                September 7, 2001
- ----------------------------------
         R. Edwin Selover