<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.

<CIK> 1089206
<NAME> PSEG ENERGY HOLDINGS INCORPORATED
<MULTIPLIER>1000000

                                         
<PERIOD-TYPE>                               6-MOS
<FISCAL-YEAR-END>                                  DEC-31-1999
<PERIOD-START>                                     JAN-01-2000
<PERIOD-END>                                       JUN-30-2000
<BOOK-VALUE>                                          PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                  101
<OTHER-PROPERTY-AND-INVEST>                              3,857
<TOTAL-CURRENT-ASSETS>                                     272
<TOTAL-DEFERRED-CHARGES>                                    21
<OTHER-ASSETS>                                              61
<TOTAL-ASSETS>                                           4,313
<COMMON>                                                     0
<CAPITAL-SURPLUS-PAID-IN>                                  790
<RETAINED-EARNINGS>                                        291
<TOTAL-COMMON-STOCKHOLDERS-EQ>                           1,081
<PREFERRED-MANDATORY>                                        0
<PREFERRED>                                                509
<LONG-TERM-DEBT-NET>                                     1,316
<SHORT-TERM-NOTES>                                           0
<LONG-TERM-NOTES-PAYABLE>                                    0
<COMMERCIAL-PAPER-OBLIGATIONS>                               0
<LONG-TERM-DEBT-CURRENT-PORT>                              203
<PREFERRED-STOCK-CURRENT>                                    0
<CAPITAL-LEASE-OBLIGATIONS>                                  0
<LEASES-CURRENT>                                             0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                           1,203
<TOT-CAPITALIZATION-AND-LIAB>                            4,313
<GROSS-OPERATING-REVENUE>                                  379
<INCOME-TAX-EXPENSE>                                        13
<OTHER-OPERATING-EXPENSES>                                 265
<TOTAL-OPERATING-EXPENSES>                                 278
<OPERATING-INCOME-LOSS>                                    114
<OTHER-INCOME-NET>                                           1
<INCOME-BEFORE-INTEREST-EXPEN>                             116
<TOTAL-INTEREST-EXPENSE>                                    72
<NET-INCOME>                                                32
<PREFERRED-STOCK-DIVIDENDS>                                 13
<EARNINGS-AVAILABLE-FOR-COMM>                               19
<COMMON-STOCK-DIVIDENDS>                                     0
<TOTAL-INTEREST-ON-BONDS>                                    0
<CASH-FLOW-OPERATIONS>                                      19
<EPS-BASIC>                                                  0
<EPS-DILUTED>                                                0