<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS OF THE WASHINGTON WATER POWER COMPANY, INCLUDED IN THE QUARTERLY REPORT ON FORM 10-Q FOR THE THREE MONTHS ENDED MARCH 31, 1998, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,438,703 <OTHER-PROPERTY-AND-INVEST> 327,907 <TOTAL-CURRENT-ASSETS> 500,847 <TOTAL-DEFERRED-CHARGES> 297,831 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,565,288 <COMMON> 584,844 <CAPITAL-SURPLUS-PAID-IN> (7,796) <RETAINED-EARNINGS> 185,935 <TOTAL-COMMON-STOCKHOLDERS-EQ> 762,983 <PREFERRED-MANDATORY> 45,000 <PREFERRED> 110,000 <LONG-TERM-DEBT-NET> 606,916<F1> <SHORT-TERM-NOTES> 94,645 <LONG-TERM-NOTES-PAYABLE> 26,456 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 20,330 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 6,943 <LEASES-CURRENT> 1,779 <OTHER-ITEMS-CAPITAL-AND-LIAB> 890,236<F2> <TOT-CAPITALIZATION-AND-LIAB> 2,565,288 <GROSS-OPERATING-REVENUE> 571,678 <INCOME-TAX-EXPENSE> 19,909<F3> <OTHER-OPERATING-EXPENSES> 515,045 <TOTAL-OPERATING-EXPENSES> 515,045 <OPERATING-INCOME-LOSS> 56,633 <OTHER-INCOME-NET> 12,737 <INCOME-BEFORE-INTEREST-EXPEN> 69,370<F4> <TOTAL-INTEREST-EXPENSE> 17,229 <NET-INCOME> 32,232 <PREFERRED-STOCK-DIVIDENDS> 824 <EARNINGS-AVAILABLE-FOR-COMM> 31,408 <COMMON-STOCK-DIVIDENDS> 17,348 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 57,585 <EPS-PRIMARY> 0.56 <EPS-DILUTED> 0.56 <FN> <F1> LONG-TERM DEBT-NET DOES NOT MATCH THE AMOUNT REPORTED ON THE COMPANY'S CONSOLIDATED STATEMENT OF CAPITALIZATION AS LONG-TERM DEBT DUE TO THE OTHER CATEGORIES REQUIRED BY THIS SCHEDULE. <F2> OTHER ITEMS CAPITAL AND LIABILITIES INCLUDES THE CURRENT LIABILITIES, DEFERRED CREDITS AND MINORITY INTEREST, LESS CERTAIN AMOUNTS INCLUDED UNDER LONG-TERM DEBT-CURRENT PORTION AND LEASES-CURRENT, FROM THE COMPANY'S CONSOLIDATED BALANCE SHEET. <F3> THE COMPANY DOES NOT INCLUDE INCOME TAX EXPENSE AS AN OPERATING EXPENSE ITEM. IT IS INCLUDED ON THE COMPANY'S STATEMENTS AS A BELOW-THE-LINE ITEM. <F4> INCOME BEFORE INTEREST EXPENSE IS NOT A SPECIFIC LINE ITEM ON THE COMPANY'S INCOME STATEMENTS. THE COMPANY COMBINES TOTAL INTEREST EXPENSE AND OTHER INCOME TO CALCULATE INCOME BEFORE INCOME TAXES. </FN>