<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE UNAUDITED FINANCIAL STATEMENTS OF WISCONSIN ELECTRIC POWER COMPANY FOR THE THREE MONTHS ENDED MARCH 31, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. <MULTIPLIER> 1,000 <CURRENCY> U.S.DOLLARS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <PERIOD-TYPE> 3-MOS <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> <F1> 3,198,891 <OTHER-PROPERTY-AND-INVEST> <F2> 694,110 <TOTAL-CURRENT-ASSETS> 512,147 <TOTAL-DEFERRED-CHARGES> 0 <OTHER-ASSETS> 553,558 <TOTAL-ASSETS> 4,958,706 <COMMON> 332,893 <CAPITAL-SURPLUS-PAID-IN> 530,689 <RETAINED-EARNINGS> 1,030,916 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,894,498 <PREFERRED-MANDATORY> 0 <PREFERRED> 30,450 <LONG-TERM-DEBT-NET> 1,319,106 <SHORT-TERM-NOTES> 50,400 <LONG-TERM-NOTES-PAYABLE> 170,016 <COMMERCIAL-PAPER-OBLIGATIONS> 66,688 <LONG-TERM-DEBT-CURRENT-PORT> 1,905 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 182,540 <LEASES-CURRENT> 28,392 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,214,711 <TOT-CAPITALIZATION-AND-LIAB> 4,958,706 <GROSS-OPERATING-REVENUE> 540,778 <INCOME-TAX-EXPENSE> 37,251 <OTHER-OPERATING-EXPENSES> 450,985 <TOTAL-OPERATING-EXPENSES> <F3> 450,985 <OPERATING-INCOME-LOSS> <F3> 89,793 <OTHER-INCOME-NET> 35,122 <INCOME-BEFORE-INTEREST-EXPEN> <F4> 124,915 <TOTAL-INTEREST-EXPENSE> 28,825 <NET-INCOME> <F5> 58,839 <PREFERRED-STOCK-DIVIDENDS> 301 <EARNINGS-AVAILABLE-FOR-COMM> 58,538 <COMMON-STOCK-DIVIDENDS> 44,893 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 294,979 <EPS-BASIC> <F6> 0 <EPS-DILUTED> <F6> 0 <FN> <F1> TOTAL NET UTILITY PLANT IS $3,203,768 OF NET PROPERTY, PLANT AND EQUIPMENT LESS $4,877 OF NET NON-UTILITY PROPERTY. <F2> OTHER PROPERTY AND INVESTMENTS IS $689,233 OF INVESTMENTS PLUS $4,877 OF NET NON-UTILITY PROPERTY. <F3> TOTAL OPERATING EXPENSES AND OPERATING INCOME OR LOSS EXCLUDE INCOME TAXES OF $37,251. <F4> INCOME BEFORE INTEREST EXPENSE AND INCOME TAXES. <F5> NET INCOME IS AFTER INCOME TAXES OF $37,251. <F6> 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-Q. </FN>