<ARTICLE> OPUR1 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000048732 <NAME> RELIANT ENERGY INC <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 9,639,082 <OTHER-PROPERTY-AND-INVEST> 3,806,571 <TOTAL-CURRENT-ASSETS> 1,558,610 <TOTAL-DEFERRED-CHARGES> 3,882,262 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 18,886,525 <COMMON> 2,931,138 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 1,029,892 <TOTAL-COMMON-STOCKHOLDERS-EQ> 3,961,030 <PREFERRED-MANDATORY> 0 <PREFERRED> 9,740 <LONG-TERM-DEBT-NET> 7,677,463 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 302,300 <COMMERCIAL-PAPER-OBLIGATIONS> 1,435,703 <LONG-TERM-DEBT-CURRENT-PORT> 375,497 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 13,502 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 5,111,290 <TOT-CAPITALIZATION-AND-LIAB> 18,886,525 <GROSS-OPERATING-REVENUE> 2,642,904 <INCOME-TAX-EXPENSE> (56,543) <OTHER-OPERATING-EXPENSES> 2,452,789 <TOTAL-OPERATING-EXPENSES> 2,452,789 <OPERATING-INCOME-LOSS> 190,115 <OTHER-INCOME-NET> (320,296) <INCOME-BEFORE-INTEREST-EXPEN> (130,181) <TOTAL-INTEREST-EXPENSE> 136,054 <NET-INCOME> (209,692) <PREFERRED-STOCK-DIVIDENDS> 97 <EARNINGS-AVAILABLE-FOR-COMM> (209,789) <COMMON-STOCK-DIVIDENDS> 106,905 <TOTAL-INTEREST-ON-BONDS> 85,437<F1> <CASH-FLOW-OPERATIONS> 202,226 <EPS-PRIMARY> (0.74) <EPS-DILUTED> (0.74) <FN> <F1>Total annual interest charges on all bonds is as of year-to-date 03/31/99. </FN>