Exhibit 31.2

Certification Pursuant to Rules 13a-14 and 15d-14of the Securities Exchange Act of 1934

I, Morton A. Plawner, certify that:

|1. | I have reviewed this Quarterly Report on Form 10-Q of PSE&G Transition Funding II LLC (the Registrant);                                                                                                                                                                                                   
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|2. | Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements made, in light of the
circumstances under which such
statements were made, not misleading with respect to the period covered by this report;
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|3. | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this report:                   
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|4. | I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules
13a-15(f) and 15d-15(f)) for the registrant and have:                     
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|5. | I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons
performing the equivalent functions):                                                          
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|Date: May 9, 2008 |  | /s/ Morton A. Plawner          
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|                  |  | Morton A. Plawner              
|                  |  | PSE&G Transition Funding II LLC
|                  |  | Chief Financial Officer        

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