<ARTICLE>                                                UT
<LEGEND>                                         
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL  INFORMATION  EXTRACTED  FROM BGE'S
SEPTEMBER  30, 1998 INTERIM  CONSOLIDATED  INCOME  STATEMENT,  BALANCE SHEET AND
STATEMENT  OF CASH FLOWS AND IS  QUALIFIED  IN ITS ENTIRETY BY REFERENCE TO SUCH
STATEMENTS.
</LEGEND>
<MULTIPLIER>                                                     1,000,000
                                                           
                                                       
<PERIOD-TYPE>                                             9-MOS
<FISCAL-YEAR-END>                                         DEC-31-1998
<PERIOD-START>                                            JAN-01-1998
<PERIOD-END>                                              SEP-30-1998
<BOOK-VALUE>                                              PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                            5,653
<OTHER-PROPERTY-AND-INVEST>                                          1,666
<TOTAL-CURRENT-ASSETS>                                               1,207
<TOTAL-DEFERRED-CHARGES>                                               497
<OTHER-ASSETS>                                                           0
<TOTAL-ASSETS>                                                       9,023
<COMMON>                                                             1,467
<CAPITAL-SURPLUS-PAID-IN>                                                0
<RETAINED-EARNINGS>                                                  1,540
<TOTAL-COMMON-STOCKHOLDERS-EQ>                                       3,011
<PREFERRED-MANDATORY>                                                    0
<PREFERRED>                                                            190
<LONG-TERM-DEBT-NET>                                                 2,781
<SHORT-TERM-NOTES>                                                      73
<LONG-TERM-NOTES-PAYABLE>                                                0
<COMMERCIAL-PAPER-OBLIGATIONS>                                          51
<LONG-TERM-DEBT-CURRENT-PORT>                                          439
<PREFERRED-STOCK-CURRENT>                                               10
<CAPITAL-LEASE-OBLIGATIONS>                                              0
<LEASES-CURRENT>                                                         0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                                       2,468
<TOT-CAPITALIZATION-AND-LIAB>                                        9,023
<GROSS-OPERATING-REVENUE>                                            2,568
<INCOME-TAX-EXPENSE>                                                   174
<OTHER-OPERATING-EXPENSES>                                           1,908
<TOTAL-OPERATING-EXPENSES>                                           2,082
<OPERATING-INCOME-LOSS>                                                486
<OTHER-INCOME-NET>                                                       6
<INCOME-BEFORE-INTEREST-EXPEN>                                         492
<TOTAL-INTEREST-EXPENSE>                                               181
<NET-INCOME>                                                           311
<PREFERRED-STOCK-DIVIDENDS>                                             18
<EARNINGS-AVAILABLE-FOR-COMM>                                          293
<COMMON-STOCK-DIVIDENDS>                                               184
<TOTAL-INTEREST-ON-BONDS>                                              181
<CASH-FLOW-OPERATIONS>                                                 672
<EPS-PRIMARY>                                                         1.97
<EPS-DILUTED>                                                         1.97