<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information 
extracted from the Registrant's unaudited interim financial 
statements for the six months ended June 30, 1998 and is 
qualified in its entirety by reference to those financial
statements.
</LEGEND>
<CIK> 0000924386
<NAME> RIDGEWOOD ELECTRIC POWER TRUST I
       
                                  
<PERIOD-TYPE>                                    6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                         759,002
<SECURITIES>                                 6,397,522<F1>
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               766,601
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               7,194,900
<CURRENT-LIABILITIES>                          157,430
<BONDS>                                              0
<COMMON>                                             0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                   7,037,470<F2>
<TOTAL-LIABILITY-AND-EQUITY>                 7,194,900
<SALES>                                              0
<TOTAL-REVENUES>                               744,276
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                84,157
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                690,119
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            690,119
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   690,119
<EPS-PRIMARY>                                    6,541
<EPS-DILUTED>                                    6,541

<FN>
<F1>Investments in power project partnerships.
<F2>Represents Investor Shares of beneficial interest in 
Trust with capital accounts of $ 7,057,254 less managing 
shareholder's accumulated deficit of $(19,784).
</FN>