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
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        Frank Cassidy


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


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


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

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