<ARTICLE> UT
<CIK> 0000081100
<NAME> PUGET SOUND ENERGY
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    3,273,666
<OTHER-PROPERTY-AND-INVEST>                    283,726
<TOTAL-CURRENT-ASSETS>                         329,482
<TOTAL-DEFERRED-CHARGES>                             0
<OTHER-ASSETS>                                 608,651
<TOTAL-ASSETS>                               4,495,525
<COMMON>                                       845,606
<CAPITAL-SURPLUS-PAID-IN>                      450,845
<RETAINED-EARNINGS>                             89,753
<TOTAL-COMMON-STOCKHOLDERS-EQ>               1,386,204
<PREFERRED-MANDATORY>                           76,912
<PREFERRED>                                    195,488
<LONG-TERM-DEBT-NET>                         1,401,718
<SHORT-TERM-NOTES>                             238,000
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                 103,432
<LONG-TERM-DEBT-CURRENT-PORT>                   46,000
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>               1,047,771
<TOT-CAPITALIZATION-AND-LIAB>                4,495,525
<GROSS-OPERATING-REVENUE>                      522,069
<INCOME-TAX-EXPENSE>                            41,462
<OTHER-OPERATING-EXPENSES>                     381,350
<TOTAL-OPERATING-EXPENSES>                     422,812
<OPERATING-INCOME-LOSS>                         99,257
<OTHER-INCOME-NET>                               1,160
<INCOME-BEFORE-INTEREST-EXPEN>                 100,417
<TOTAL-INTEREST-EXPENSE>                        34,414
<NET-INCOME>                                    66,003
<PREFERRED-STOCK-DIVIDENDS>                      3,309
<EARNINGS-AVAILABLE-FOR-COMM>                   62,694
<COMMON-STOCK-DIVIDENDS>                        38,898
<TOTAL-INTEREST-ON-BONDS>                       28,989
<CASH-FLOW-OPERATIONS>                         163,198
<EPS-PRIMARY>                                     0.74
<EPS-DILUTED>                                     0.74