EXHIBIT 12

PUBLIC SERVICEENTERPRISE GROUP INCORPORATEDCOMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

|                                                          | For
	      the Three Months EndedMarch 31, |      | For the Years Ended
      December 31,
|--------------------------------------------------------- | ------------------------------------------ | ---- | --------------------------------------
|                                                         
|                                                          |                                            | 2009 |                                       
|                                                          |                                            |      |                                       
|Earnings as Defined in Regulation S-K	(A):                |                                            |      |                                       
|                                                         
|Pre-tax Income from Continuing	Operations                 | $                                          | 748  |                                       
|(Income) Loss from Equity Investees, net	of
Distributions |                                            | (5   | )                                     
|Fixed Charges                                             |                                            | 158  |                                       
|Capitalized Interest (B)                                  |                                            | (8   | )                                     
|Preferred Securities Dividend                             |                                            | (2   | )                                     
|Requirements of Subsidiaries                              |                                            |      |                                       
|Total Earnings                                            | $                                          | 891  |                                       
|                                                         
|Fixed Charges as Defined in Regulation S-K
(C)            |                                            |      |                                       
|                                                         
|Interest Expense                                          | $                                          | 153  |                                       
|Interest Factor in Rentals                                |                                            | 3    |                                       
|Preferred Securities Dividend                             |                                            | 2    |                                       
|Requirements of Subsidiaries                              |                                            |      |                                       
|Total Fixed Charges                                       | $                                          | 158  |                                       
|                                                         
|Ratio of Earnings to Fixed Charges                        |                                            | 5.64 |                                       

|(A) | The term earnings shall
    be defined as pre-tax Income from Continuing Operations before income or
    loss from equity investees plus distributed income from equity investees.
    Add to pre-tax income the amount of fixed charges adjusted to exclude (a)
    the amount of any interest capitalized during the period and (b) the actual
    amount of any preferred securities dividend requirements of majority-owned
    subsidiaries stated on a pre-tax level.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   
|(B) | Capitalized Interest excludes AFUDC
    for PSE&G.                                                                                                                                                                                                                                                                                                                                                                                                                           
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|(C) | Fixed Charges represent (a) interest, whether expensed or capitalized, (b) amortization of debt discount, premium and expense, (c) an estimate of interest implicit in rentals and (d) preferred securities
dividend requirements of majority-owned subsidiaries stated on a pre-tax level.                                                                                                                                                                                  
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