We present a new type of conservative trap for cold atoms: a static el
ectric field creates a position-dependent Stark potential to compensat
e gravity and a far-off-resonance laser beam provides transverse confi
nement. We demonstrate this Opto-Electric Trap (OET) on cesium atoms,
using a ring electrode at 12 kV and a Ti-sapphire laser. Loaded from a
magneto-optical trap, up to 2.5 . 10(5) atoms are captured in the OET
. The 1/e lifetime is similar to 1 s, presently limited by collisions
with the background gas. This trap is well suited for subrecoil laser
cooling and evaporative cooling of confined atoms.