<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 NINE MONTHS ENDED SEPTEMBER 30, 1998, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,456,955 <OTHER-PROPERTY-AND-INVEST> 358,973 <TOTAL-CURRENT-ASSETS> 762,156 <TOTAL-DEFERRED-CHARGES> 286,383 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,864,467 <COMMON> 584,046 <CAPITAL-SURPLUS-PAID-IN> (10,643) <RETAINED-EARNINGS> 173,993 <TOTAL-COMMON-STOCKHOLDERS-EQ> 747,396 <PREFERRED-MANDATORY> 35,000 <PREFERRED> 110,000 <LONG-TERM-DEBT-NET> 629,946<F1> <SHORT-TERM-NOTES> 70,036 <LONG-TERM-NOTES-PAYABLE> 34,993 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 40,532 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 4,752 <LEASES-CURRENT> 2,244 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,189,568<F2> <TOT-CAPITALIZATION-AND-LIAB> 2,864,467 <GROSS-OPERATING-REVENUE> 2,661,290 <INCOME-TAX-EXPENSE> 30,430<F3> <OTHER-OPERATING-EXPENSES> 2,538,345 <TOTAL-OPERATING-EXPENSES> 2,538,345 <OPERATING-INCOME-LOSS> 122,945 <OTHER-INCOME-NET> 15,218 <INCOME-BEFORE-INTEREST-EXPEN> 138,163<F4> <TOTAL-INTEREST-EXPENSE> 51,151 <NET-INCOME> 56,582 <PREFERRED-STOCK-DIVIDENDS> 2,219 <EARNINGS-AVAILABLE-FOR-COMM> 54,363 <COMMON-STOCK-DIVIDENDS> 17,348 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 153,610 <EPS-PRIMARY> 0.97 <EPS-DILUTED> 0.97 <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>