<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for September 30, 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> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 439,985 <OTHER-PROPERTY-AND-INVEST> 1,420 <TOTAL-CURRENT-ASSETS> 70,006 <TOTAL-DEFERRED-CHARGES> 47,976 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 559,387 <COMMON> 54,223 <CAPITAL-SURPLUS-PAID-IN> 8,688 <RETAINED-EARNINGS> 118,070 <TOTAL-COMMON-STOCKHOLDERS-EQ> 180,981 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 97,956 <SHORT-TERM-NOTES> 1,000 <LONG-TERM-NOTES-PAYABLE> 60,000 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 35,000 <CAPITAL-LEASE-OBLIGATIONS> 5,433 <LEASES-CURRENT> 699 <OTHER-ITEMS-CAPITAL-AND-LIAB> 178,318 <TOT-CAPITALIZATION-AND-LIAB> 559,387 <GROSS-OPERATING-REVENUE> 202,221 <INCOME-TAX-EXPENSE> 16,447 <OTHER-OPERATING-EXPENSES> 151,898 <TOTAL-OPERATING-EXPENSES> 168,345 <OPERATING-INCOME-LOSS> 33,876 <OTHER-INCOME-NET> (506) <INCOME-BEFORE-INTEREST-EXPEN> 33,370 <TOTAL-INTEREST-EXPENSE> 8,876 <NET-INCOME> 24,494 <PREFERRED-STOCK-DIVIDENDS> 1,743 <EARNINGS-AVAILABLE-FOR-COMM> 22,751 <COMMON-STOCK-DIVIDENDS> 17,400 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 34,746 <EPS-PRIMARY> 0 <EPS-DILUTED> 0