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 JUNE
30, 1995 FOR PORTLAND GENERAL ELECTRIC COMPANY AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    1,664,998<F1>
<OTHER-PROPERTY-AND-INVEST>                    133,238
<TOTAL-CURRENT-ASSETS>                         322,446
<TOTAL-DEFERRED-CHARGES>                     1,197,209
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                               3,317,891
<COMMON>                                       160,346
<CAPITAL-SURPLUS-PAID-IN>                      471,182
<RETAINED-EARNINGS>                            222,870
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 844,870<F2>
<PREFERRED-MANDATORY>                           40,000<F3>
<PREFERRED>                                     69,704
<LONG-TERM-DEBT-NET>                           866,588<F4>
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                 100,086
<LONG-TERM-DEBT-CURRENT-PORT>                   71,066<F5>
<PREFERRED-STOCK-CURRENT>                       10,000
<CAPITAL-LEASE-OBLIGATIONS>                      8,056<F5>
<LEASES-CURRENT>                                 2,382
<OTHER-ITEMS-CAPITAL-AND-LIAB>               1,305,139
<TOT-CAPITALIZATION-AND-LIAB>                3,317,891
<GROSS-OPERATING-REVENUE>                      218,476
<INCOME-TAX-EXPENSE>                            23,766
<OTHER-OPERATING-EXPENSES>                     148,211
<TOTAL-OPERATING-EXPENSES>                     171,977
<OPERATING-INCOME-LOSS>                         46,499
<OTHER-INCOME-NET>                               5,463<F6>
<INCOME-BEFORE-INTEREST-EXPEN>                  51,962
<TOTAL-INTEREST-EXPENSE>                        17,162<F7>
<NET-INCOME>                                    34,800<F8>
<PREFERRED-STOCK-DIVIDENDS>                      2,417
<EARNINGS-AVAILABLE-FOR-COMM>                   32,383
<COMMON-STOCK-DIVIDENDS>                        11,545
<TOTAL-INTEREST-ON-BONDS>                       58,278<F9>
<CASH-FLOW-OPERATIONS>                          37,859
<EPS-PRIMARY>                                        0<F10>
<EPS-DILUTED>                                        0<F10>
<FN>
<F1>INCLUDING CAPITAL LEASE OBLIGATIONS NET OF AMORTIZATION.
<F2>INCLUDES UNEARNED COMPENSATION OF $(9,528).
<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 DEBT.
<F8>PRIOR TO PREFERRED DIVIDEND REQUIREMENTS.
<F9>REPRESENTS THE 12 MONTH-TO-DATE FIGURE ENDING JUNE 30, 1995.
<F10>THE STOCK OF PORTLAND GENERAL ELECTRIC COMPANY IS FULLY OWNED BY ITS PARENT
COMPANY PORTLAND GENERAL CORPORATION.  SINCE THE STOCK IS NOT PUBLICALLY
TRADED, EPS INFORMATION IS NOT EXTERNALLY REPORTED.
</FN>