<ARTICLE> UT <CIK> 0000081100 <NAME> PUGET SOUND ENERGY <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JUL-01-1997 <PERIOD-END> SEP-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,198,684 <OTHER-PROPERTY-AND-INVEST> 265,751 <TOTAL-CURRENT-ASSETS> 256,484 <TOTAL-DEFERRED-CHARGES> 0 <OTHER-ASSETS> 401,742 <TOTAL-ASSETS> 4,122,661 <COMMON> 845,607 <CAPITAL-SURPLUS-PAID-IN> 450,923 <RETAINED-EARNINGS> 41,936 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,338,466 <PREFERRED-MANDATORY> 0 <PREFERRED> 173,627 <LONG-TERM-DEBT-NET> 1,162,696 <SHORT-TERM-NOTES> 104,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 152,972 <LONG-TERM-DEBT-CURRENT-PORT> 102,920 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,087,980 <TOT-CAPITALIZATION-AND-LIAB> 4,122,661 <GROSS-OPERATING-REVENUE> 341,021 <INCOME-TAX-EXPENSE> 7,249 <OTHER-OPERATING-EXPENSES> 298,351 <TOTAL-OPERATING-EXPENSES> 305,600 <OPERATING-INCOME-LOSS> 35,421 <OTHER-INCOME-NET> 6,029 <INCOME-BEFORE-INTEREST-EXPEN> 41,450 <TOTAL-INTEREST-EXPENSE> 29,452 <NET-INCOME> 11,998 <PREFERRED-STOCK-DIVIDENDS> 3,045 <EARNINGS-AVAILABLE-FOR-COMM> 8,953 <COMMON-STOCK-DIVIDENDS> 38,898 <TOTAL-INTEREST-ON-BONDS> 26,855 <CASH-FLOW-OPERATIONS> 19,047 <EPS-PRIMARY> 0.11 <EPS-DILUTED> 0.11