<ARTICLE> UT <CIK> 0000077227 <NAME> PENNSYLVANIA ELECTRIC COMPANY <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,673,268 <OTHER-PROPERTY-AND-INVEST> 80,824 <TOTAL-CURRENT-ASSETS> 238,147 <TOTAL-DEFERRED-CHARGES> 2,510,766 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 4,503,005 <COMMON> 105,812 <CAPITAL-SURPLUS-PAID-IN> 285,486 <RETAINED-EARNINGS> 385,635 <F1> <TOTAL-COMMON-STOCKHOLDERS-EQ> 776,933 <PREFERRED-MANDATORY> 105,000 <F2> <PREFERRED> 16,681 <LONG-TERM-DEBT-NET> 626,434 <SHORT-TERM-NOTES> 79,600 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 50,012 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 2,005 <LEASES-CURRENT> 14,269 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2,832,071 <TOT-CAPITALIZATION-AND-LIAB> 4,503,005 <GROSS-OPERATING-REVENUE> 773,364 <INCOME-TAX-EXPENSE> 24,007 <OTHER-OPERATING-EXPENSES> 653,179 <TOTAL-OPERATING-EXPENSES> 677,186 <OPERATING-INCOME-LOSS> 96,178 <OTHER-INCOME-NET> (7,799) <INCOME-BEFORE-INTEREST-EXPEN> 88,379 <TOTAL-INTEREST-EXPENSE> 47,843 <F3> <NET-INCOME> 21,586 <F4> <PREFERRED-STOCK-DIVIDENDS> 521 <EARNINGS-AVAILABLE-FOR-COMM> 21,065 <COMMON-STOCK-DIVIDENDS> 35,000 <F5> <TOTAL-INTEREST-ON-BONDS> 48,375 <CASH-FLOW-OPERATIONS> 142,514 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1> INCLUDES ACCUMULATED OTHER COMPREHENSIVE INCOME OF $5,862. <F2> REPRESENTS COMPANY-OBLIGATED MANDATORILY REDEEMABLE PREFERRED <F2> SECURITIES. <F3> INCLUDES AMOUNT FOR COMPANY-OBLIGATED MANDATORILY REDEEMABLE <F3> PREFERRED SECURITIES OF $6,891. <F4> INCLUDES AN AFTER-TAX CHARGE FOR AN EXTRAORDINARY ITEM OF $18,950. <F5> REPRESENTS COMMON STOCK DIVIDENDS PAID TO PARENT CORPORATION. </FN>