0000891092-11-005298.txt : 20110810 0000891092-11-005298.hdr.sgml : 20110810 20110810141217 ACCESSION NUMBER: 0000891092-11-005298 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110810 DATE AS OF CHANGE: 20110810 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC SERVICE ELECTRIC & GAS CO CENTRAL INDEX KEY: 0000081033 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 221212800 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0717 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-155732 FILM NUMBER: 111023886 BUSINESS ADDRESS: STREET 1: CORPORATE ACCOUNTING SERVICES STREET 2: 80 PARK PLAZA, 9TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102-4194 BUSINESS PHONE: 973-430-7000 MAIL ADDRESS: STREET 1: CORPORATE ACCOUTNING SERVICES STREET 2: 80 PARK PLAZA, 9TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102-4194 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC SERVICE ELECTRIC & GAS CO CENTRAL INDEX KEY: 0000081033 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 221212800 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0717 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: CORPORATE ACCOUNTING SERVICES STREET 2: 80 PARK PLAZA, 9TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102-4194 BUSINESS PHONE: 973-430-7000 MAIL ADDRESS: STREET 1: CORPORATE ACCOUTNING SERVICES STREET 2: 80 PARK PLAZA, 9TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102-4194 FWP 1 e44814fwp.htm PRICING TERM SHEET

Filed pursuant to Rule 433
dated August 10, 2011
Relating to
Preliminary Pricing Supplement dated August 10, 2011 to
Prospectus Supplement dated November 18, 2009 and
Prospectus dated November 26, 2008
Registration Statement No. 333-155732

Pricing Term Sheet for 0.850% Secured Medium-Term Notes, Series G due 2014

PUBLIC SERVICE ELECTRIC AND GAS COMPANY (PSE&G)
Secured Medium-Term Notes, Series G

Issuer: Public Service Electric and Gas Company Interest Rate: 0.850% per annum
Trade Date: August 10, 2011 Interest Payment Dates: February 15 and August 15,
Original Issue Date/Settlement Date: August 16, 2011,    commencing February 15, 2012
   which is the fourth business day following the Trade Redemption: As specified in Preliminary Pricing
   Date. Accordingly, purchasers who wish to trade the    Supplement dated August 10, 2011. Make Whole to
   Notes on the date hereof will be required, because the    be determined at a discount rate equal to the Treasury
   Notes will not initially settle in T+3, to specify an    Rate plus 10 basis points (0.10%).
   alternative settlement date at the time of such trade to Maturity Date: August 15, 2014
   prevent a failed settlement and should consult their CUSIP: 74456QAY2
   own advisors. Joint Book-Running Managers:
Principal Amount: $250,000,000    J.P. Morgan Securities LLC ($117,500,000)
Price to Public: 99.941% of Principal Amount, plus    RBS Securities Inc. ($117,500,000)
   accrued interest, if any, from August 16, 2011 if Co-Manager:
   settlement occurs after that date    Toussaint Capital Partners, LLC ($15,000,000)

The issuer has filed a registration statement (including a prospectus, a prospectus supplement and a preliminary pricing supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus, the prospectus supplement and the preliminary pricing supplement in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC’s Web site at www.sec.gov. Alternatively, the issuer or any underwriter participating in the offering will arrange to send you these documents if you request them by calling J.P. Morgan Securities LLC at 1-212-834-4533 or RBS Securities Inc. at 1-866-884-2071.