<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM PG&E CORPORATION AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 16,644 <OTHER-PROPERTY-AND-INVEST> 3,954 <TOTAL-CURRENT-ASSETS> 3,399 <TOTAL-DEFERRED-CHARGES> 3,326 <OTHER-ASSETS> 1,873 <TOTAL-ASSETS> 29,196 <COMMON> 5,226 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 1,861 <TOTAL-COMMON-STOCKHOLDERS-EQ> 7,087 <PREFERRED-MANDATORY> 780 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 6,468 <SHORT-TERM-NOTES> 952 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 672 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 13,237 <TOT-CAPITALIZATION-AND-LIAB> 29,196 <GROSS-OPERATING-REVENUE> 5,008 <INCOME-TAX-EXPENSE> 228 <OTHER-OPERATING-EXPENSES> 4,332 <TOTAL-OPERATING-EXPENSES> 4,332 <OPERATING-INCOME-LOSS> 676 <OTHER-INCOME-NET> 15 <INCOME-BEFORE-INTEREST-EXPEN> 691 <TOTAL-INTEREST-EXPENSE> 183 <NET-INCOME> 280 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 280 <COMMON-STOCK-DIVIDENDS> 108 <TOTAL-INTEREST-ON-BONDS> 79 <CASH-FLOW-OPERATIONS> 919 <EPS-BASIC> 0.78 <EPS-DILUTED> 0.77