Item 2.02 Results of Operations and Financial Condition

PSEG

On May 4, 2009, PSEG announced unaudited financial results for the quarter ended March 31, 2009. A copy of the earnings release dated May 4, 2009 is furnished as Exhibit 99 to this Form 8-K.

Item 7.01 Regulation FD Disclosure

PSEG, Power and PSE&G

On May 4, 2009, PSEG conducted an earnings call regarding its 2009 first quarter 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

Exhibit 99 Press Release dated May 4, 2009 announcing first quarter 2009 results.

Exhibit 99.1 Slideshow Presentation

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