<ARTICLE> UT <LEGEND> THIS STATEMENT CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEET, STATEMENTS OF INCOME AND CASH FLOW, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH STATEMENTS. </LEGEND> <CIK> 0000077242 <NAME> PG ENERGY INC. <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 280,950,000 <OTHER-PROPERTY-AND-INVEST> 3,981,000 <TOTAL-CURRENT-ASSETS> 65,182,000 <TOTAL-DEFERRED-CHARGES> 40,684,000 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 390,797,000 <COMMON> 34,944,000 <CAPITAL-SURPLUS-PAID-IN> 44,546,000 <RETAINED-EARNINGS> 47,148,000 <TOTAL-COMMON-STOCKHOLDERS-EQ> 126,638,000 <PREFERRED-MANDATORY> 240,000 <PREFERRED> 4,831,000 <LONG-TERM-DEBT-NET> 95,000,000 <SHORT-TERM-NOTES> 1,200,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 68,248,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 94,640,000 <TOT-CAPITALIZATION-AND-LIAB> 390,797,000 <GROSS-OPERATING-REVENUE> 158,951,000 <INCOME-TAX-EXPENSE> 4,237,000 <OTHER-OPERATING-EXPENSES> 136,686,000 <TOTAL-OPERATING-EXPENSES> 140,923,000 <OPERATING-INCOME-LOSS> 18,028,000 <OTHER-INCOME-NET> 651,000 <INCOME-BEFORE-INTEREST-EXPEN> 18,679,000 <TOTAL-INTEREST-EXPENSE> 10,508,000 <NET-INCOME> 8,171,000 <PREFERRED-STOCK-DIVIDENDS> 1,191,000 <EARNINGS-AVAILABLE-FOR-COMM> 6,980,000 <COMMON-STOCK-DIVIDENDS> 416,000 <TOTAL-INTEREST-ON-BONDS> 4,837,000 <CASH-FLOW-OPERATIONS> 19,764,000 <EPS-PRIMARY> 1.74 <EPS-DILUTED> 1.74