Exhibit 12.2

PUBLIC SERVICE ELECTRIC AND GAS COMPANYCOMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

|                                               | For the Three Months	Ended 
March 31, |      | For the Years Ended	December 31,
|---------------------------------------------- | ------------------------------------- | ---- | --------------------------------
|                                               | 2009                                  |      | 2008                            
|                                               |                                       |      |                                 
|Earnings as Defined in Regulation S-K (A):     |                                       |      |                                 
|                                              
|Pre-tax Income from Continuing Operations      | $                                     | 209  |                                 
|Fixed Charges                                  |                                       | 79   |                                 
|Earnings                                       | $                                     | 288  |                                 
|                                              
|Fixed Charges as Defined in Regulation S-K (B) |                                       |      |                                 
|                                              
|Interest Expense                               | $                                     | 79   |                                 
|Interest Factor in Rentals                     |                                       | -    |                                 
|Total Fixed Charges                            | $                                     | 79   |                                 
|                                              
|Ratio of Earnings to Fixed Charges             |                                       | 3.65 |                                 

|(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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