<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM PACIFIC GAS AND ELECTRIC COMPANY AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <SUBSIDIARY> <NUMBER> 01 <NAME> PACIFIC GAS AND ELECTRIC COMPANY <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> 12,646 <OTHER-PROPERTY-AND-INVEST> 0 <TOTAL-CURRENT-ASSETS> 1,626 <TOTAL-DEFERRED-CHARGES> 3,174 <OTHER-ASSETS> 3,911 <TOTAL-ASSETS> 21,357 <COMMON> 3,377 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 2,213 <TOTAL-COMMON-STOCKHOLDERS-EQ> 5,590 <PREFERRED-MANDATORY> 437 <PREFERRED> 287 <LONG-TERM-DEBT-NET> 4,767 <SHORT-TERM-NOTES> 209 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 549 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 9,518 <TOT-CAPITALIZATION-AND-LIAB> 21,357 <GROSS-OPERATING-REVENUE> 2,218 <INCOME-TAX-EXPENSE> 200 <OTHER-OPERATING-EXPENSES> 1,648 <TOTAL-OPERATING-EXPENSES> 1,648 <OPERATING-INCOME-LOSS> 570 <OTHER-INCOME-NET> 5 <INCOME-BEFORE-INTEREST-EXPEN> 575 <TOTAL-INTEREST-EXPENSE> 141 <NET-INCOME> 234 <PREFERRED-STOCK-DIVIDENDS> 6 <EARNINGS-AVAILABLE-FOR-COMM> 228 <COMMON-STOCK-DIVIDENDS> 108 <TOTAL-INTEREST-ON-BONDS> 79 <CASH-FLOW-OPERATIONS> 690 <EPS-BASIC> 0.00 <EPS-DILUTED> 0.00