<ARTICLE> UT <MULTIPLIER> 1,000 <CIK> 0000086521 <NAME> SAN DIEGO GAS & ELECTRIC COMPANY <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,353,033 <OTHER-PROPERTY-AND-INVEST> 435,582 <TOTAL-CURRENT-ASSETS> 861,575 <TOTAL-DEFERRED-CHARGES> 740,395 <OTHER-ASSETS> 7,933 <TOTAL-ASSETS> 4,398,518 <COMMON> 291,458 <CAPITAL-SURPLUS-PAID-IN> 566,233 <RETAINED-EARNINGS> 347,253 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,204,944 <PREFERRED-MANDATORY> 25,000 <PREFERRED> 78,475 <LONG-TERM-DEBT-NET> 1,514,437 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 65,863 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 71,927 <LEASES-CURRENT> 6,808 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,431,064 <TOT-CAPITALIZATION-AND-LIAB> 4,398,518 <GROSS-OPERATING-REVENUE> 2,104,665 <INCOME-TAX-EXPENSE> 105,714 <OTHER-OPERATING-EXPENSES> 1,788,445 <TOTAL-OPERATING-EXPENSES> 1,894,159 <OPERATING-INCOME-LOSS> 210,506 <OTHER-INCOME-NET> 18,489 <INCOME-BEFORE-INTEREST-EXPEN> 228,995 <TOTAL-INTEREST-EXPENSE> 87,895 <NET-INCOME> 141,100 <PREFERRED-STOCK-DIVIDENDS> 4,937 <EARNINGS-AVAILABLE-FOR-COMM> 136,163 <COMMON-STOCK-DIVIDENDS> 137,841 <TOTAL-INTEREST-ON-BONDS> 73,918 <CASH-FLOW-OPERATIONS> 283,012 <EPS-PRIMARY> 0 <EPS-DILUTED> 0