<ARTICLE> OPUR1 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S FINANCIAL RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,644,983 <OTHER-PROPERTY-AND-INVEST> 31,381 <TOTAL-CURRENT-ASSETS> 138,516 <TOTAL-DEFERRED-CHARGES> 146,264 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,961,144 <COMMON> 4 <CAPITAL-SURPLUS-PAID-IN> 555,434 <RETAINED-EARNINGS> 97,674 <TOTAL-COMMON-STOCKHOLDERS-EQ> 653,112 <PREFERRED-MANDATORY> 48,500 <PREFERRED> 73,115 <LONG-TERM-DEBT-NET> 601,562 <SHORT-TERM-NOTES> 100,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 466 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 484,389 <TOT-CAPITALIZATION-AND-LIAB> 1,961,144 <GROSS-OPERATING-REVENUE> 539,311 <INCOME-TAX-EXPENSE> 32,486 <OTHER-OPERATING-EXPENSES> 412,753 <TOTAL-OPERATING-EXPENSES> 445,239 <OPERATING-INCOME-LOSS> 94,072 <OTHER-INCOME-NET> 3,208 <INCOME-BEFORE-INTEREST-EXPEN> 97,280 <TOTAL-INTEREST-EXPENSE> 29,502 <NET-INCOME> 67,778 <PREFERRED-STOCK-DIVIDENDS> 4,094 <EARNINGS-AVAILABLE-FOR-COMM> 60,556 <COMMON-STOCK-DIVIDENDS> 57,000 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 128,112 <EPS-PRIMARY> 0<F1> <EPS-DILUTED> 0<F1> <FN> <F1>SIERRA PACIFIC POWER COMPANY IS A WHOLLY OWNED SUBSIDIARY OF SIERRA PACIFIC RESOURCES AND, AS SUCH, ITS COMMON STOCK IS NOT PUBLICLY TRADED. SPPC DOES NOT REPORT EPS INFORMATION. </FN>