<ARTICLE> UT <CIK> 0000077227 <NAME> PENNSYLVANIA ELECTRIC COMPANY <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,805,457 <OTHER-PROPERTY-AND-INVEST> 80,646 <TOTAL-CURRENT-ASSETS> 282,014 <TOTAL-DEFERRED-CHARGES> 467,128 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,635,245 <COMMON> 105,812 <CAPITAL-SURPLUS-PAID-IN> 285,487 <RETAINED-EARNINGS> 427,842 <F1> <TOTAL-COMMON-STOCKHOLDERS-EQ> 819,141 <PREFERRED-MANDATORY> 105,000 <F2> <PREFERRED> 16,681 <LONG-TERM-DEBT-NET> 676,445 <SHORT-TERM-NOTES> 116,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 11 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 3,115 <LEASES-CURRENT> 18,087 <OTHER-ITEMS-CAPITAL-AND-LIAB> 880,765 <TOT-CAPITALIZATION-AND-LIAB> 2,635,245 <GROSS-OPERATING-REVENUE> 263,655 <INCOME-TAX-EXPENSE> 19,803 <OTHER-OPERATING-EXPENSES> 201,032 <TOTAL-OPERATING-EXPENSES> 220,835 <OPERATING-INCOME-LOSS> 42,820 <OTHER-INCOME-NET> 93 <INCOME-BEFORE-INTEREST-EXPEN> 42,913 <TOTAL-INTEREST-EXPENSE> 16,268 <F3> <NET-INCOME> 26,645 <PREFERRED-STOCK-DIVIDENDS> 116 <EARNINGS-AVAILABLE-FOR-COMM> 26,529 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 49,122 <CASH-FLOW-OPERATIONS> 17,196 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1> INCLUDES ACCUMULATED OTHER COMPREHENSIVE INCOME OF $7,605. <F2> REPRESENTS COMPANY-OBLIGATED MANDATORILY REDEEMABLE PREFERRED <F2> SECURITIES. <F3> INCLUDES DIVIDENDS ON COMPANY-OBLIGATED MANDATORILY REDEEMABLE <F3> PREFERRED SECURITIES OF $2,297. </FN>