<ARTICLE> UT <CIK> 0000077227 <NAME> PENNSYLVANIA ELECTRIC COMPANY <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,664,862 <OTHER-PROPERTY-AND-INVEST> 90,508 <TOTAL-CURRENT-ASSETS> 243,859 <TOTAL-DEFERRED-CHARGES> 2,525,578 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 4,524,807 <COMMON> 105,812 <CAPITAL-SURPLUS-PAID-IN> 285,486 <RETAINED-EARNINGS> 376,006 <F1> <TOTAL-COMMON-STOCKHOLDERS-EQ> 767,304 <PREFERRED-MANDATORY> 105,000 <F2> <PREFERRED> 16,681 <LONG-TERM-DEBT-NET> 626,434 <SHORT-TERM-NOTES> 31,900 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 54,123 <LONG-TERM-DEBT-CURRENT-PORT> 50,012 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 2,593 <LEASES-CURRENT> 13,979 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2,856,781 <TOT-CAPITALIZATION-AND-LIAB> 4,524,807 <GROSS-OPERATING-REVENUE> 1,032,226 <INCOME-TAX-EXPENSE> 45,150 <OTHER-OPERATING-EXPENSES> 861,453 <TOTAL-OPERATING-EXPENSES> 906,603 <OPERATING-INCOME-LOSS> 125,623 <OTHER-INCOME-NET> (3,816) <INCOME-BEFORE-INTEREST-EXPEN> 121,807 <TOTAL-INTEREST-EXPENSE> 63,217 <F3> <NET-INCOME> 39,640 <F4> <PREFERRED-STOCK-DIVIDENDS> 695 <EARNINGS-AVAILABLE-FOR-COMM> 38,945 <COMMON-STOCK-DIVIDENDS> 65,000 <F5> <TOTAL-INTEREST-ON-BONDS> 47,729 <CASH-FLOW-OPERATIONS> 192,135 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1> INCLUDES ACCUMULATED OTHER COMPREHENSIVE INCOME OF $8,353. <F2> REPRESENTS COMPANY-OBLIGATED MANDATORILY REDEEMABLE PREFERRED <F2> SECURITIES. <F3> INCLUDES AMOUNT FOR COMPANY-OBLIGATED MANDATORILY REDEEMABLE <F3> PREFERRED SECURITIES OF $9,188. <F4> INCLUDES AN AFTER-TAX CHARGE FOR AN EXTRAORDINARY ITEM OF $18,950. <F5> REPRESENTS COMMON STOCK DIVIDENDS PAID TO PARENT CORPORATION. </FN>