<TABLE> <S> <C>


<ARTICLE> UT
<LEGEND>
This schedule  contains summary  financial  information  extracted from SEC Form
10-Q and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000788784
<NAME> PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED
<MULTIPLIER>1000000
       
<S>                                         <C>
<PERIOD-TYPE>                               9-MOS
<FISCAL-YEAR-END>                                  DEC-31-1997
<PERIOD-START>                                     JAN-01-1998
<PERIOD-END>                                       SEP-30-1998
<BOOK-VALUE>                                          PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                               10,873
<OTHER-PROPERTY-AND-INVEST>                              3,649
<TOTAL-CURRENT-ASSETS>                                   1,861
<TOTAL-DEFERRED-CHARGES>                                 1,574
<OTHER-ASSETS>                                               0
<TOTAL-ASSETS>                                          17,957
<COMMON>                                                 3,512  <F1>
<CAPITAL-SURPLUS-PAID-IN>                                    0
<RETAINED-EARNINGS>                                      1,720
<TOTAL-COMMON-STOCKHOLDERS-EQ>                           5,195  <F2>
<PREFERRED-MANDATORY>                                    1,113
<PREFERRED>                                                 95
<LONG-TERM-DEBT-NET>                                     4,517
<SHORT-TERM-NOTES>                                           0
<LONG-TERM-NOTES-PAYABLE>                                    0
<COMMERCIAL-PAPER-OBLIGATIONS>                           1,206
<LONG-TERM-DEBT-CURRENT-PORT>                              419
<PREFERRED-STOCK-CURRENT>                                    0
<CAPITAL-LEASE-OBLIGATIONS>                                 50
<LEASES-CURRENT>                                             0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                           5,362
<TOT-CAPITALIZATION-AND-LIAB>                           17,957
<GROSS-OPERATING-REVENUE>                                4,405
<INCOME-TAX-EXPENSE>                                       367  <F3>
<OTHER-OPERATING-EXPENSES>                               3,164
<TOTAL-OPERATING-EXPENSES>                               3,525
<OPERATING-INCOME-LOSS>                                    880
<OTHER-INCOME-NET>                                          12
<INCOME-BEFORE-INTEREST-EXPEN>                             892
<TOTAL-INTEREST-EXPENSE>                                   399  <F4>
<NET-INCOME>                                               493
<PREFERRED-STOCK-DIVIDENDS>                                 57
<EARNINGS-AVAILABLE-FOR-COMM>                              493
<COMMON-STOCK-DIVIDENDS>                                   376
<TOTAL-INTEREST-ON-BONDS>                                  295
<CASH-FLOW-OPERATIONS>                                     941
<EPS-PRIMARY>                                             2.13
<EPS-DILUTED>                                             2.13
<FN>
<F1>Includes Treasury Stock of ($91).
<F2>Includes Foreign Currency Translation Adjustment of ($37).
<F3>State  Income  Taxes of $1 and Federal  Income  Taxes of $5 for Other Income
were incorporated into this line for FDS purposes.  In the referenced  financial
statements,  Total Other Income and Deductions  are net of the above  applicable
Federal and State income taxes.  
<F4>Total interest expense includes Preferred ecurities Dividends Requirements. 
</FN>
        

</TABLE>