<ARTICLE>                                              UT
<LEGEND>  This schedule  contains  summary financial information extracted from 
          Florida Power's consolidated  balance sheet as of  December 31, 1998,
          and  consolidated statements of  income  and  cash flows for the year 
          ended December 31, 1998 and is qualified in its entirety by reference
          to such financial statements.
</LEGEND>
<MULTIPLIER>                                           1,000,000
<CIK>                                                  0000037637
<NAME>                                                 FLORIDA POWER CORPORATION
       
                                                                                
<FISCAL-YEAR-END>                                                                  DEC-31-1998
<PERIOD-END>                                                                       DEC-31-1998
<PERIOD-TYPE>                                                                      YEAR
<BOOK-VALUE>                                                                       PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                                          3,631
<OTHER-PROPERTY-AND-INVEST>                                                        11
<TOTAL-CURRENT-ASSETS>                                                             463
<TOTAL-DEFERRED-CHARGES>                                                           0
<OTHER-ASSETS>                                                                     823
<TOTAL-ASSETS>                                                                     4,928
<COMMON>                                                                           1,004
<CAPITAL-SURPLUS-PAID-IN>                                                          0
<RETAINED-EARNINGS>                                                                816
<TOTAL-COMMON-STOCKHOLDERS-EQ>                                                     1,820
<PREFERRED-MANDATORY>                                                              0
<PREFERRED>                                                                        34
<LONG-TERM-DEBT-NET>                                                               1,555
<SHORT-TERM-NOTES>                                                                 0
<LONG-TERM-NOTES-PAYABLE>                                                          0
<COMMERCIAL-PAPER-OBLIGATIONS>                                                     47
<LONG-TERM-DEBT-CURRENT-PORT>                                                      92
<PREFERRED-STOCK-CURRENT>                                                          0
<CAPITAL-LEASE-OBLIGATIONS>                                                        0
<LEASES-CURRENT>                                                                   0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                                                     1,380
<TOT-CAPITALIZATION-AND-LIAB>                                                      4,928
<GROSS-OPERATING-REVENUE>                                                          2,648
<INCOME-TAX-EXPENSE>                                                               140
<OTHER-OPERATING-EXPENSES>                                                         2,137
<TOTAL-OPERATING-EXPENSES>                                                         2,277
<OPERATING-INCOME-LOSS>                                                            371
<OTHER-INCOME-NET>                                                                 6
<INCOME-BEFORE-INTEREST-EXPEN>                                                     377
<TOTAL-INTEREST-EXPENSE>                                                           127
<NET-INCOME>                                                                       250
<PREFERRED-STOCK-DIVIDENDS>                                                        1
<EARNINGS-AVAILABLE-FOR-COMM>                                                      249
<COMMON-STOCK-DIVIDENDS>                                                           155
<TOTAL-INTEREST-ON-BONDS>                                                          0
<CASH-FLOW-OPERATIONS>                                                             779
<EPS-PRIMARY>                                                                      0.00
<EPS-DILUTED>                                                                      0.00