<ARTICLE>                                                              UT
<LEGEND>       THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION
               EXTRACTED FROM THE UNAUDITED FINANCIAL STATEMENTS OF
               WISCONSIN ELECTRIC POWER COMPANY FOR THE TWELVE MONTHS
               ENDED DECEMBER 31, 1997 AND IS QUALIFIED IN ITS
               ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
               THIS SCHEDULE REFLECTS RECLASSIFICATION OF AMOUNTS
               TO CONFORM TO THE COMPANY'S CURRENT FINANCIAL
               STATEMENT PRESENTATION.
<MULTIPLIER>                                                        1,000
                                                           
<CURRENCY>                                                    U.S.DOLLARS
<FISCAL-YEAR-END>                                             DEC-31-1997
<PERIOD-START>                                                JAN-01-1997
<PERIOD-END>                                                  DEC-31-1997
<PERIOD-TYPE>                                                      12-MOS
<EXCHANGE-RATE>                                                         1
<BOOK-VALUE>                                                     PER-BOOK
<TOTAL-NET-UTILITY-PLANT> <F1>                                  3,184,979
<OTHER-PROPERTY-AND-INVEST> <F2>                                  488,463
<TOTAL-CURRENT-ASSETS>                                            550,915
<TOTAL-DEFERRED-CHARGES>                                                0
<OTHER-ASSETS>                                                    443,483
<TOTAL-ASSETS>                                                  4,667,840
<COMMON>                                                          332,893
<CAPITAL-SURPLUS-PAID-IN>                                         380,689
<RETAINED-EARNINGS>                                               980,926
<TOTAL-COMMON-STOCKHOLDERS-EQ>                                  1,694,508
<PREFERRED-MANDATORY>                                                   0
<PREFERRED>                                                        30,450
<LONG-TERM-DEBT-NET>                                            1,112,680
<SHORT-TERM-NOTES>                                                 50,495
<LONG-TERM-NOTES-PAYABLE>                                         172,912
<COMMERCIAL-PAPER-OBLIGATIONS>                                    192,138
<LONG-TERM-DEBT-CURRENT-PORT>                                      61,905
<PREFERRED-STOCK-CURRENT>                                               0
<CAPITAL-LEASE-OBLIGATIONS>                                       162,966
<LEASES-CURRENT>                                                   19,484
<OTHER-ITEMS-CAPITAL-AND-LIAB>                                  1,170,302
<TOT-CAPITALIZATION-AND-LIAB>                                   4,667,840
<GROSS-OPERATING-REVENUE>                                       1,789,602
<INCOME-TAX-EXPENSE>                                               35,012
<OTHER-OPERATING-EXPENSES>                                      1,532,354
<TOTAL-OPERATING-EXPENSES> <F3>                                 1,532,354
<OPERATING-INCOME-LOSS> <F3>                                      257,248
<OTHER-INCOME-NET>                                                (38,089)
<INCOME-BEFORE-INTEREST-EXPEN> <F4>                               219,159
<TOTAL-INTEREST-EXPENSE>                                          113,532
<NET-INCOME> <F4>                                                  70,615
<PREFERRED-STOCK-DIVIDENDS>                                         1,203
<EARNINGS-AVAILABLE-FOR-COMM>                                      69,412
<COMMON-STOCK-DIVIDENDS>                                          213,692
<TOTAL-INTEREST-ON-BONDS>                                          99,755
<CASH-FLOW-OPERATIONS>                                            370,697
<EPS-BASIC> <F5>                                                        0
<EPS-DILUTED> <F5>                                                      0
<FN>
<F1>  TOTAL NET UTILITY PLANT IS $3,190,286 OF NET PROPERTY,
      PLANT AND EQUIPMENT LESS $5,307 OF NET NON-UTILITY
      PROPERTY.
<F2>  OTHER PROPERTY AND INVESTMENTS IS $483,156 OF INVESTMENTS
      PLUS $5,307 OF NET NON-UTILITY PROPERTY.
<F3>  TOTAL OPERATING EXPENSES AND OPERATING INCOME OR LOSS
      EXCLUDES INCOME TAXES OF $35,012.
<F4>  INCOME BEFORE INTEREST EXPENSE AND NET INCOME IS AFTER
      INCOME TAXES OF $35,012.
<F5>  EARNINGS PER SHARE OF COMMON STOCK IS NOT APPLICABLE
      BECAUSE ALL OF WISCONSIN ELECTRIC'S COMMON STOCK IS OWNED
      BY WISCONSIN ENERGY CORPORATION.
SEE FINANCIAL STATEMENTS AND NOTES IN THE ACCOMPANYING 10-K.
</FN>