<ARTICLE> UT <CIK> 0000081100 <NAME> PUGET SOUND ENERGY <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,528,443 <OTHER-PROPERTY-AND-INVEST> 253,273 <TOTAL-CURRENT-ASSETS> 409,796 <TOTAL-DEFERRED-CHARGES> 0 <OTHER-ASSETS> 602,523 <TOTAL-ASSETS> 4,794,035 <COMMON> 845,605 <CAPITAL-SURPLUS-PAID-IN> 450,837 <RETAINED-EARNINGS> 47,650 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,344,092 <PREFERRED-MANDATORY> 65,662 <PREFERRED> 60,000 <LONG-TERM-DEBT-NET> 1,689,770 <SHORT-TERM-NOTES> 251,600 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 162,278 <LONG-TERM-DEBT-CURRENT-PORT> 85,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,135,633 <TOT-CAPITALIZATION-AND-LIAB> 4,794,035 <GROSS-OPERATING-REVENUE> 1,422,000 <INCOME-TAX-EXPENSE> 68,526 <OTHER-OPERATING-EXPENSES> 1,145,196 <TOTAL-OPERATING-EXPENSES> 1,213,722 <OPERATING-INCOME-LOSS> 208,278 <OTHER-INCOME-NET> 26,648 <INCOME-BEFORE-INTEREST-EXPEN> 234,926 <TOTAL-INTEREST-EXPENSE> 109,193 <NET-INCOME> 125,733 <PREFERRED-STOCK-DIVIDENDS> 8,689 <EARNINGS-AVAILABLE-FOR-COMM> 117,044 <COMMON-STOCK-DIVIDENDS> 116,694 <TOTAL-INTEREST-ON-BONDS> 100,925 <CASH-FLOW-OPERATIONS> 284,237 <EPS-BASIC> 1.38 <EPS-DILUTED> 1.38