WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated financial statements filed on Form 10-Q for the period ended March
31, 1995 for Portland General Electric Company and is qualified in its entirety
by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   QTR-1
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1995
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    1,637,740<F1>
<OTHER-PROPERTY-AND-INVEST>                    123,031
<TOTAL-CURRENT-ASSETS>                         343,613
<TOTAL-DEFERRED-CHARGES>                     1,207,535
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                               3,311,919
<COMMON>                                       160,346
<CAPITAL-SURPLUS-PAID-IN>                      470,621
<RETAINED-EARNINGS>                            202,506
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 822,422<F2>
<PREFERRED-MANDATORY>                           50,000<F3>
<PREFERRED>                                     69,704
<LONG-TERM-DEBT-NET>                           805,360<F4>
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                 124,990
<LONG-TERM-DEBT-CURRENT-PORT>                   66,150<F5>
<PREFERRED-STOCK-CURRENT>                       10,000
<CAPITAL-LEASE-OBLIGATIONS>                      8,633<F5>
<LEASES-CURRENT>                                 2,347
<OTHER-ITEMS-CAPITAL-AND-LIAB>               1,360,946
<TOT-CAPITALIZATION-AND-LIAB>                3,311,919
<GROSS-OPERATING-REVENUE>                      258,891
<INCOME-TAX-EXPENSE>                            26,746
<OTHER-OPERATING-EXPENSES>                     182,757
<TOTAL-OPERATING-EXPENSES>                     209,503
<OPERATING-INCOME-LOSS>                         49,388
<OTHER-INCOME-NET>                            (32,241)<F6>
<INCOME-BEFORE-INTEREST-EXPEN>                  17,147
<TOTAL-INTEREST-EXPENSE>                        16,507<F7>
<NET-INCOME>                                       640<F8>
<PREFERRED-STOCK-DIVIDENDS>                      2,583
<EARNINGS-AVAILABLE-FOR-COMM>                  (1,943)
<COMMON-STOCK-DIVIDENDS>                        11,545
<TOTAL-INTEREST-ON-BONDS>                       56,115<F9>
<CASH-FLOW-OPERATIONS>                          86,916
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0
<FN>
<F1>Including capital lease obligations net of amortization.
<F2>Includes unearned compensation of $11,051.
<F3>Net of mandatory sinking fund of $10,000.
<F4>Net of current portion.
<F5>Net of current portion of capital lease obligations.
<F6>Exclusive of interest expense and preferred dividend requirement for PGE.
<F7>Including AFUDC.
<F8>Prior to preferred dividend requirements.
<F9>Represents the 12 month-to-date figure ending March 31, 1995.
</FN>