<ARTICLE> UT
<CIK> 0000092195
<NAME> SOUTHERN INDIANA GAS AND ELECTRIC CO
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               MAR-31-1998
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      708,166
<OTHER-PROPERTY-AND-INVEST>                      5,691
<TOTAL-CURRENT-ASSETS>                          94,622
<TOTAL-DEFERRED-CHARGES>                        48,995
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                                 857,474
<COMMON>                                        78,258
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                            234,184
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 312,442
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                     19,514
<LONG-TERM-DEBT-NET>                           259,014
<SHORT-TERM-NOTES>                              10,699
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                   43,900
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 211,905
<TOT-CAPITALIZATION-AND-LIAB>                  857,474
<GROSS-OPERATING-REVENUE>                       95,145
<INCOME-TAX-EXPENSE>                             7,640
<OTHER-OPERATING-EXPENSES>                      71,086
<TOTAL-OPERATING-EXPENSES>                      78,726
<OPERATING-INCOME-LOSS>                         16,419
<OTHER-INCOME-NET>                               1,661
<INCOME-BEFORE-INTEREST-EXPEN>                  18,080
<TOTAL-INTEREST-EXPENSE>                         5,043
<NET-INCOME>                                    13,037
<PREFERRED-STOCK-DIVIDENDS>                        274
<EARNINGS-AVAILABLE-FOR-COMM>                   12,763
<COMMON-STOCK-DIVIDENDS>                           274
<TOTAL-INTEREST-ON-BONDS>                        4,806
<CASH-FLOW-OPERATIONS>                          44,569
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0