<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>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                       18,206
<OTHER-PROPERTY-AND-INVEST>                        644
<TOTAL-CURRENT-ASSETS>                           3,838
<TOTAL-DEFERRED-CHARGES>                         2,744
<OTHER-ASSETS>                                   6,206
<TOTAL-ASSETS>                                  31,638
<COMMON>                                         5,848
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                              2,111
<TOTAL-COMMON-STOCKHOLDERS-EQ>                   7,959
<PREFERRED-MANDATORY>                              437
<PREFERRED>                                        343
<LONG-TERM-DEBT-NET>                             6,476
<SHORT-TERM-NOTES>                               1,937
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                     584
<LONG-TERM-DEBT-CURRENT-PORT>                      358
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                  13,544
<TOT-CAPITALIZATION-AND-LIAB>                   31,638
<GROSS-OPERATING-REVENUE>                       14,447
<INCOME-TAX-EXPENSE>                               464
<OTHER-OPERATING-EXPENSES>                      12,880
<TOTAL-OPERATING-EXPENSES>                      12,880
<OPERATING-INCOME-LOSS>                          1,567
<OTHER-INCOME-NET>                                  24
<INCOME-BEFORE-INTEREST-EXPEN>                   1,591
<TOTAL-INTEREST-EXPENSE>                           604
<NET-INCOME>                                       523
<PREFERRED-STOCK-DIVIDENDS>                          0
<EARNINGS-AVAILABLE-FOR-COMM>                      523
<COMMON-STOCK-DIVIDENDS>                           352
<TOTAL-INTEREST-ON-BONDS>                          260
<CASH-FLOW-OPERATIONS>                           2,515
<EPS-PRIMARY>                                     1.37
<EPS-DILUTED>                                     1.37