<ARTICLE> UT <CIK> 0000060549 <NAME> LOUISVILLE GAS AND ELECTRIC COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,822,728 <OTHER-PROPERTY-AND-INVEST> 1,348 <TOTAL-CURRENT-ASSETS> 306,117 <TOTAL-DEFERRED-CHARGES> 55,019 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,185,212 <COMMON> 424,334 <F1> <CAPITAL-SURPLUS-PAID-IN> (124)<F2> <RETAINED-EARNINGS> 259,856 <TOTAL-COMMON-STOCKHOLDERS-EQ> 684,066 <PREFERRED-MANDATORY> 0 <PREFERRED> 95,328 <LONG-TERM-DEBT-NET> 626,800 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 779,018 <TOT-CAPITALIZATION-AND-LIAB> 2,185,212 <GROSS-OPERATING-REVENUE> 737,112 <INCOME-TAX-EXPENSE> 47,317 <OTHER-OPERATING-EXPENSES> 581,147 <TOTAL-OPERATING-EXPENSES> 628,464 <OPERATING-INCOME-LOSS> 108,648 <OTHER-INCOME-NET> 1,648 <INCOME-BEFORE-INTEREST-EXPEN> 110,296 <TOTAL-INTEREST-EXPENSE> 27,636 <NET-INCOME> 82,660 <PREFERRED-STOCK-DIVIDENDS> 3,266 <EARNINGS-AVAILABLE-FOR-COMM> 79,394 <COMMON-STOCK-DIVIDENDS> 67,000 <TOTAL-INTEREST-ON-BONDS> 25,245 <CASH-FLOW-OPERATIONS> 186,830 <EPS-BASIC> 0 <EPS-DILUTED> 0 <FN> <F1>Includes common stock expense of $836. <F2>Represents unrealized gain/loss on marketable securities, net of taxes. </FN>