<ARTICLE> UT <CIK> 0000077227 <NAME> PENNSYLVANIA ELECTRIC COMPANY <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> DEC-31-1994 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,747,864 <OTHER-PROPERTY-AND-INVEST> 34,467 <TOTAL-CURRENT-ASSETS> 212,201 <TOTAL-DEFERRED-CHARGES> 386,522 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,381,054 <COMMON> 105,812 <CAPITAL-SURPLUS-PAID-IN> 261,671 <RETAINED-EARNINGS> 290,786 <TOTAL-COMMON-STOCKHOLDERS-EQ> 658,269 <PREFERRED-MANDATORY> 0 <PREFERRED> 141,777 <F1> <LONG-TERM-DEBT-NET> 616,490 <SHORT-TERM-NOTES> 84,300 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 26,752 <LONG-TERM-DEBT-CURRENT-PORT> 9 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 6,741 <LEASES-CURRENT> 17,957 <OTHER-ITEMS-CAPITAL-AND-LIAB> 828,759 <TOT-CAPITALIZATION-AND-LIAB> 2,381,054 <GROSS-OPERATING-REVENUE> 944,744 <INCOME-TAX-EXPENSE> 42,297 <OTHER-OPERATING-EXPENSES> 776,215 <TOTAL-OPERATING-EXPENSES> 818,512 <OPERATING-INCOME-LOSS> 126,232 <OTHER-INCOME-NET> (38,077) <INCOME-BEFORE-INTEREST-EXPEN> 88,155 <TOTAL-INTEREST-EXPENSE> 56,356 <F2> <NET-INCOME> 31,799 <PREFERRED-STOCK-DIVIDENDS> 2,937 <EARNINGS-AVAILABLE-FOR-COMM> 28,862 <COMMON-STOCK-DIVIDENDS> 65,000 <F3> <TOTAL-INTEREST-ON-BONDS> 46,439 <CASH-FLOW-OPERATIONS> 151,566 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1> INCLUDES PREFERRED SECURITIES OF SUBSIDIARY OF $105,000. <F2> INCLUDES DIVIDENDS ON PREFERRED SECURITIES OF SUBSIDIARY <F2> OF $4,492. <F3> REPRESENTS COMMON STOCK DIVIDENDS PAID TO PARENT CORPORATION. </FN>