<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from
PG&E Corporation and is qualified in its entirety to such financial
statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                   19,078,488
<OTHER-PROPERTY-AND-INVEST>                    773,115
<TOTAL-CURRENT-ASSETS>                       2,939,176
<TOTAL-DEFERRED-CHARGES>                     2,637,602
<OTHER-ASSETS>                               1,246,557
<TOTAL-ASSETS>                              26,674,938
<COMMON>                                     5,726,608
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                          2,522,162
<TOTAL-COMMON-STOCKHOLDERS-EQ>               8,248,770
<PREFERRED-MANDATORY>                          437,500
<PREFERRED>                                    390,591
<LONG-TERM-DEBT-NET>                         7,661,892
<SHORT-TERM-NOTES>                             126,167
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>               1,402,835
<LONG-TERM-DEBT-CURRENT-PORT>                   26,716
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>               8,380,467
<TOT-CAPITALIZATION-AND-LIAB>               26,674,938
<GROSS-OPERATING-REVENUE>                    6,448,400
<INCOME-TAX-EXPENSE>                           239,957
<OTHER-OPERATING-EXPENSES>                   5,613,803
<TOTAL-OPERATING-EXPENSES>                   5,613,803
<OPERATING-INCOME-LOSS>                        834,597
<OTHER-INCOME-NET>                             109,520
<INCOME-BEFORE-INTEREST-EXPEN>                 944,117
<TOTAL-INTEREST-EXPENSE>                       322,195
<NET-INCOME>                                   381,965
<PREFERRED-STOCK-DIVIDENDS>                     16,556
<EARNINGS-AVAILABLE-FOR-COMM>                  365,409
<COMMON-STOCK-DIVIDENDS>                       241,754
<TOTAL-INTEREST-ON-BONDS>                      204,625
<CASH-FLOW-OPERATIONS>                       1,137,779
<EPS-PRIMARY>                                      .91
<EPS-DILUTED>                                      .91