<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for March 31, 1998, and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000086940 <NAME> SAVANNAH ELECTRIC AND POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 445,644 <OTHER-PROPERTY-AND-INVEST> 1,782 <TOTAL-CURRENT-ASSETS> 74,617 <TOTAL-DEFERRED-CHARGES> 45,712 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 567,755 <COMMON> 54,223 <CAPITAL-SURPLUS-PAID-IN> 8,688 <RETAINED-EARNINGS> 109,346 <TOTAL-COMMON-STOCKHOLDERS-EQ> 172,257 <PREFERRED-MANDATORY> 0 <PREFERRED> 35,000 <LONG-TERM-DEBT-NET> 97,290 <SHORT-TERM-NOTES> 3,000 <LONG-TERM-NOTES-PAYABLE> 40,000 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 49,565 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 5,823 <LEASES-CURRENT> 665 <OTHER-ITEMS-CAPITAL-AND-LIAB> 164,155 <TOT-CAPITALIZATION-AND-LIAB> 567,755 <GROSS-OPERATING-REVENUE> 48,381 <INCOME-TAX-EXPENSE> 2,063 <OTHER-OPERATING-EXPENSES> 40,104 <TOTAL-OPERATING-EXPENSES> 42,167 <OPERATING-INCOME-LOSS> 6,214 <OTHER-INCOME-NET> (207) <INCOME-BEFORE-INTEREST-EXPEN> 6,007 <TOTAL-INTEREST-EXPENSE> 3,000 <NET-INCOME> 3,007 <PREFERRED-STOCK-DIVIDENDS> 581 <EARNINGS-AVAILABLE-FOR-COMM> 2,426 <COMMON-STOCK-DIVIDENDS> 5,800 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 3,583 <EPS-PRIMARY> 0 <EPS-DILUTED> 0