EXHIBIT 12.2

PUBLIC SERVICE ELECTRIC AND GAS COMPANY

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES



|                                               |  |                                  |      |   |                                  |   |      |      |  |      |      |      |   |      |  |      |      |  |   |      |  |   |     
|---------------------------------------------- |  | -------------------------------- | ---- | - | -------------------------------- | - | ---- | ---- |  | ---- | ---- | ---- | - | ---- |  | ---- | ---- |  | - | ---- |  | - | ----
|                                               |  | For the Six MonthsEnded June 30, |      |   | For the Years Ended December 31,
|                                               |  | 2010                             |      |   | 2009                             |   |      | 2009 |  | 2008 |      | 2007 |   | 2006 |  | 2005
|                                               |  | (Millions, except ratios)       
|Earnings as Defined in Regulation S-K (A):     |  |                                  |      |   |                                  |   |      |      |  |      |      |      |   |      |  |      |      |  |   |      |  |   |     
|Pre-tax Income from Continuing Operations      |  | $                                | 192  |   |                                  | $ | 282  |      |  | $    | 551  |      | $ | 592  |  | $    | 637  |  | $ | 448  |  | $ | 583 
|Fixed Charges                                  |  |                                  | 160  |   |                                  |   | 162  |      |  |      | 312  |      |   | 325  |  |      | 332  |  |   | 346  |  |   | 342 
|Capitalized Interest                           |  |                                  | (1   | ) |                                  |   | (1   | )    |  |      | 0    |      |   | 0    |  |      | 0    |  |   | 0    |  |   | 0   
|                                               |  |                                  |      |   |                                  |   |      |      |  |      |      |      |   |      |  |      |      |  |   |      |  |   |     
|Total Earnings                                 |  | $                                | 351  |   |                                  | $ | 443  |      |  | $    | 863  |      | $ | 917  |  | $    | 969  |  | $ | 794  |  | $ | 925 
|                                               |  |                                  |      |   |                                  |   |      |      |  |      |      |      |   |      |  |      |      |  |   |      |  |   |     
|Fixed Charges as Defined in Regulation S-K (B) |  |                                  |      |   |                                  |   |      |      |  |      |      |      |   |      |  |      |      |  |   |      |  |   |     
|Interest Expense                               |  | $                                | 158  |   |                                  | $ | 160  |      |  | $    | 312  |      | $ | 325  |  | $    | 332  |  | $ | 346  |  | $ | 342 
|Interest Factor in Rentals                     |  |                                  | 2    |   |                                  |   | 2    |      |  |      | 0    |      |   | 0    |  |      | 0    |  |   | 0    |  |   | 0   
|                                               |  |                                  |      |   |                                  |   |      |      |  |      |      |      |   |      |  |      |      |  |   |      |  |   |     
|Total Fixed Charges                            |  | $                                | 160  |   |                                  | $ | 162  |      |  | $    | 312  |      | $ | 325  |  | $    | 332  |  | $ | 346  |  | $ | 342 
|                                               |  |                                  |      |   |                                  |   |      |      |  |      |      |      |   |      |  |      |      |  |   |      |  |   |     
|Ratio of Earnings to Fixed Charges             |  |                                  | 2.19 |   |                                  |   | 2.73 |      |  |      | 2.77 |      |   | 2.82 |  |      | 2.92 |  |   | 2.29 |  |   | 2.70
|                                               |  |                                  |      |   |                                  |   |      |      |  |      |      |      |   |      |  |      |      |  |   |      |  |   |     



|(A) | The term earnings shall be defined as pretax income from continuing operations. Add to pretax income the amount of fixed charges adjusted to exclude the
amount of any interest capitalized during the period.
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|(B) | Fixed Charges represent (a) interest, whether expensed or capitalized, (b) amortization of debt discount, premium and expense and (c) an estimate of
interest implicit in rentals.
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