Item 2.02 Results of Operations and Financial Condition

PSEG

On October 31, 2008, PSEG announced unaudited financial results for the quarter and nine months ended September 30, 2008. A copy of the earnings release dated October 31, 2008 is furnished as Exhibit 99 to this Form 8-K.

Item 7.01 Regulation FD Disclosure

PSEG, Power and PSE&G

On October 31, 2008, PSEG conducted an earnings call regarding its third quarter 2008 financial results. A copy of the slideshow presentation used during the earnings call is furnished as Exhibit 99.1 to this Form 8-K.

Item 9.01 Financial Statements and Exhibits

Press Release dated October 31, 2008 announcing third quarter 2008 Exhibit 99 results.

Exhibit 99.1 Slideshow Presentation

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