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
SEPTEMBER 30, 1995 FOR PORTLAND GENERAL CORPORATION AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               SEP-30-1995
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    1,690,087<F1>
<OTHER-PROPERTY-AND-INVEST>                    323,100
<TOTAL-CURRENT-ASSETS>                         302,482
<TOTAL-DEFERRED-CHARGES>                     1,183,274
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                               3,498,943
<COMMON>                                       190,591
<CAPITAL-SURPLUS-PAID-IN>                      571,137
<RETAINED-EARNINGS>                            107,335
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 869,063<F2>
<PREFERRED-MANDATORY>                           40,000<F3>
<PREFERRED>                                     69,704
<LONG-TERM-DEBT-NET>                           866,573<F4>
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                  74,216
<LONG-TERM-DEBT-CURRENT-PORT>                  101,066<F5>
<PREFERRED-STOCK-CURRENT>                       10,000
<CAPITAL-LEASE-OBLIGATIONS>                      7,478<F5>
<LEASES-CURRENT>                                 2,417
<OTHER-ITEMS-CAPITAL-AND-LIAB>               1,458,426
<TOT-CAPITALIZATION-AND-LIAB>                3,498,943
<GROSS-OPERATING-REVENUE>                      222,612
<INCOME-TAX-EXPENSE>                            20,817
<OTHER-OPERATING-EXPENSES>                     161,529
<TOTAL-OPERATING-EXPENSES>                     182,346
<OPERATING-INCOME-LOSS>                         40,266
<OTHER-INCOME-NET>                             (6,447)<F6>
<INCOME-BEFORE-INTEREST-EXPEN>                  33,819
<TOTAL-INTEREST-EXPENSE>                        17,258<F7>
<NET-INCOME>                                    16,561<F8>
<PREFERRED-STOCK-DIVIDENDS>                      2,380
<EARNINGS-AVAILABLE-FOR-COMM>                   14,181
<COMMON-STOCK-DIVIDENDS>                        15,247
<TOTAL-INTEREST-ON-BONDS>                       62,888<F9>
<CASH-FLOW-OPERATIONS>                          84,246
<EPS-PRIMARY>                                     0.28
<EPS-DILUTED>                                     0.28
<FN>
<F1>INCLUDING CAPITAL LEASE OBLIGATIONS, NET OF AMORTIZATION.
<F2>INCLUDES UNEARNED COMPENSATION OF $8,906.
<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 SEPTEMBER 30, 1995.
</FN>