<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE DECEMBER 31, 1998 FINANCIAL STATEMENTS INCLUDED IN WISCONSIN POWER AND LIGHT COMPANY'S FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000107832 <NAME> WISCONSIN POWER AND LIGHT COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,236,733 <OTHER-PROPERTY-AND-INVEST> 150,702 <TOTAL-CURRENT-ASSETS> 106,577 <TOTAL-DEFERRED-CHARGES> 57,637 <OTHER-ASSETS> 133,501 <TOTAL-ASSETS> 1,685,150 <COMMON> 66,183 <CAPITAL-SURPLUS-PAID-IN> 199,438 <RETAINED-EARNINGS> 294,309 <TOTAL-COMMON-STOCKHOLDERS-EQ> 559,930 <PREFERRED-MANDATORY> 0 <PREFERRED> 59,963 <LONG-TERM-DEBT-NET> 414,579 <SHORT-TERM-NOTES> 76,799 <LONG-TERM-NOTES-PAYABLE> 56,975 <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> 516,904 <TOT-CAPITALIZATION-AND-LIAB> 1,685,150 <GROSS-OPERATING-REVENUE> 731,448 <INCOME-TAX-EXPENSE> 24,670 <F1> <OTHER-OPERATING-EXPENSES> 638,798 <TOTAL-OPERATING-EXPENSES> 638,798 <F1> <OPERATING-INCOME-LOSS> 92,650 <OTHER-INCOME-NET> 4,178 <INCOME-BEFORE-INTEREST-EXPEN> 96,828 <TOTAL-INTEREST-EXPENSE> 36,584 <NET-INCOME> 35,574 <PREFERRED-STOCK-DIVIDENDS> 3,310 <EARNINGS-AVAILABLE-FOR-COMM> 32,264 <COMMON-STOCK-DIVIDENDS> 58,341 <TOTAL-INTEREST-ON-BONDS> 33,983 <CASH-FLOW-OPERATIONS> 177,321 <EPS-PRIMARY> 0 <F2> <EPS-DILUTED> 0 <F2> <FN> <F1> Income tax expense is not included in Operating Expense in the Consolidated Statements of Income. <F2>Earnings per share of common stock is not reflected because all common shares are held by Interstate Energy Corporation. </FN>