<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from PG&E
Corporation and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                       20,317
<OTHER-PROPERTY-AND-INVEST>                        652
<TOTAL-CURRENT-ASSETS>                           3,970
<TOTAL-DEFERRED-CHARGES>                         2,752
<OTHER-ASSETS>                                   1,645
<TOTAL-ASSETS>                                  29,336
<COMMON>                                         5,819
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                              1,992
<TOTAL-COMMON-STOCKHOLDERS-EQ>                   7,811
<PREFERRED-MANDATORY>                              494
<PREFERRED>                                        328
<LONG-TERM-DEBT-NET>                             7,423
<SHORT-TERM-NOTES>                                 135
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                     108
<LONG-TERM-DEBT-CURRENT-PORT>                      579
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                  12,458
<TOT-CAPITALIZATION-AND-LIAB>                   29,336
<GROSS-OPERATING-REVENUE>                        4,353
<INCOME-TAX-EXPENSE>                               141
<OTHER-OPERATING-EXPENSES>                       3,888
<TOTAL-OPERATING-EXPENSES>                       3,888
<OPERATING-INCOME-LOSS>                            465
<OTHER-INCOME-NET>                                  18
<INCOME-BEFORE-INTEREST-EXPEN>                     483
<TOTAL-INTEREST-EXPENSE>                           203
<NET-INCOME>                                       139
<PREFERRED-STOCK-DIVIDENDS>                          0
<EARNINGS-AVAILABLE-FOR-COMM>                      139
<COMMON-STOCK-DIVIDENDS>                           114
<TOTAL-INTEREST-ON-BONDS>                           90
<CASH-FLOW-OPERATIONS>                             852
<EPS-PRIMARY>                                     0.36
<EPS-DILUTED>                                     0.36