<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from Pacific Gas
and Electric Company and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<SUBSIDIARY>
<NUMBER>1
<NAME>PACIFIC GAS AND ELECTRIC COMPANY
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                       13,098
<OTHER-PROPERTY-AND-INVEST>                          0
<TOTAL-CURRENT-ASSETS>                           2,797
<TOTAL-DEFERRED-CHARGES>                         2,595
<OTHER-ASSETS>                                   5,128
<TOTAL-ASSETS>                                  23,618
<COMMON>                                         4,132
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                              2,563
<TOTAL-COMMON-STOCKHOLDERS-EQ>                   6,695
<PREFERRED-MANDATORY>                              437
<PREFERRED>                                        329
<LONG-TERM-DEBT-NET>                             5,878
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                      430
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                   9,849
<TOT-CAPITALIZATION-AND-LIAB>                   23,618
<GROSS-OPERATING-REVENUE>                        4,143
<INCOME-TAX-EXPENSE>                               312
<OTHER-OPERATING-EXPENSES>                       3,220
<TOTAL-OPERATING-EXPENSES>                       3,220
<OPERATING-INCOME-LOSS>                            923
<OTHER-INCOME-NET>                                  71
<INCOME-BEFORE-INTEREST-EXPEN>                     994
<TOTAL-INTEREST-EXPENSE>                           333
<NET-INCOME>                                       349
<PREFERRED-STOCK-DIVIDENDS>                         15
<EARNINGS-AVAILABLE-FOR-COMM>                      334
<COMMON-STOCK-DIVIDENDS>                           100
<TOTAL-INTEREST-ON-BONDS>                          179
<CASH-FLOW-OPERATIONS>                           1,182
<EPS-PRIMARY>                                     0.00
<EPS-DILUTED>                                     0.00