<ARTICLE> UT <CIK> 0000077227 <NAME> PENNSYLVANIA ELECTRIC COMPANY <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,693,766 <OTHER-PROPERTY-AND-INVEST> 83,736 <TOTAL-CURRENT-ASSETS> 256,083 <TOTAL-DEFERRED-CHARGES> 2,167,060 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 4,200,645 <COMMON> 105,812 <CAPITAL-SURPLUS-PAID-IN> 285,486 <RETAINED-EARNINGS> 344,174 <F1> <TOTAL-COMMON-STOCKHOLDERS-EQ> 735,472 <PREFERRED-MANDATORY> 105,000 <F2> <PREFERRED> 16,681 <LONG-TERM-DEBT-NET> 626,444 <SHORT-TERM-NOTES> 55,600 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 53,218 <LONG-TERM-DEBT-CURRENT-PORT> 50,011 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 2,664 <LEASES-CURRENT> 16,070 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2,539,485 <TOT-CAPITALIZATION-AND-LIAB> 4,200,645 <GROSS-OPERATING-REVENUE> 514,010 <INCOME-TAX-EXPENSE> 31,020 <OTHER-OPERATING-EXPENSES> 405,584 <TOTAL-OPERATING-EXPENSES> 436,604 <OPERATING-INCOME-LOSS> 77,406 <OTHER-INCOME-NET> 1,028 <INCOME-BEFORE-INTEREST-EXPEN> 78,434 <TOTAL-INTEREST-EXPENSE> 32,038 <F3> <NET-INCOME> (41,434) <F4> <PREFERRED-STOCK-DIVIDENDS> 347 <EARNINGS-AVAILABLE-FOR-COMM> (41,781) <COMMON-STOCK-DIVIDENDS> 15,000 <F5> <TOTAL-INTEREST-ON-BONDS> 48,880 <CASH-FLOW-OPERATIONS> 67,081 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1> INCLUDES ACCUMULATED OTHER COMPREHENSIVE INCOME OF $7,247. <F2> REPRESENTS COMPANY-OBLIGATED MANDATORILY REDEEMABLE PREFERRED <F2> SECURITIES. <F3> INCLUDES DIVIDENDS ON COMPANY-OBLIGATED MANDATORILY REDEEMABLE <F3> PREFERRED SECURITIES OF $4,594. <F4> INCLUDES AN AFTER-TAX CHARGE FOR AN EXTRAORDINARY ITEM OF $87,830. <F5> REPRESENTS COMMON STOCK DIVIDENDS PAID TO PARENT CORPORATION. </FN>