<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE UNAUDITED FINANCIAL STATEMENTS OF WISCONSIN ENERGY CORPORATION FOR THE SIX MONTHS ENDED JUNE 30, 1998 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-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <PERIOD-TYPE> 6-MOS <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> <F1> 3,198,156 <OTHER-PROPERTY-AND-INVEST> <F2> 935,898 <TOTAL-CURRENT-ASSETS> 546,806 <TOTAL-DEFERRED-CHARGES> 0 <OTHER-ASSETS> 432,800 <TOTAL-ASSETS> 5,113,660 <COMMON> 1,153 <CAPITAL-SURPLUS-PAID-IN> 748,985 <RETAINED-EARNINGS> 1,123,788 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,873,926 <PREFERRED-MANDATORY> 0 <PREFERRED> 30,450 <LONG-TERM-DEBT-NET> 1,265,667 <SHORT-TERM-NOTES> 155,574 <LONG-TERM-NOTES-PAYABLE> 302,290 <COMMERCIAL-PAPER-OBLIGATIONS> 4,977 <LONG-TERM-DEBT-CURRENT-PORT> 67,126 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 157,360 <LEASES-CURRENT> 21,123 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,235,167 <TOT-CAPITALIZATION-AND-LIAB> 5,113,660 <GROSS-OPERATING-REVENUE> 991,253 <INCOME-TAX-EXPENSE> 39,325 <OTHER-OPERATING-EXPENSES> 830,886 <TOTAL-OPERATING-EXPENSES> 830,886 <OPERATING-INCOME-LOSS> 160,367 <OTHER-INCOME-NET> 15,824 <INCOME-BEFORE-INTEREST-EXPEN> <F3> 176,191 <TOTAL-INTEREST-EXPENSE> <F4> 58,964 <NET-INCOME> 77,902 <PREFERRED-STOCK-DIVIDENDS> <F5> 0 <EARNINGS-AVAILABLE-FOR-COMM> 77,902 <COMMON-STOCK-DIVIDENDS> 87,471 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 254,686 <EPS-BASIC> 0.69 <EPS-DILUTED> 0.69 <FN> <F1> Total Net Utility Plant is $3,433,915 of net property, plant and equipment less $235,759 of net non-utility property. <F2> Other Property and Investments is $700,139 of investments plus $235,759 of net non-utility property. <F3> Income before interest expense and income taxes. <F4> Total Interest Expense includes $601 of preferred dividend requirements of subsidiary. <F5> Preferred Stock Dividends are included in Total Interest Expense. See financial statements and notes in the accompanying 10-Q. </FN>