<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> 1 <NAME> PACIFIC GAS AND ELECTRIC COMPANY <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 12,576 <OTHER-PROPERTY-AND-INVEST> 0 <TOTAL-CURRENT-ASSETS> 1,878 <TOTAL-DEFERRED-CHARGES> 3,041 <OTHER-ASSETS> 4,246 <TOTAL-ASSETS> 21,741 <COMMON> 1,607 <CAPITAL-SURPLUS-PAID-IN> 1,971 <RETAINED-EARNINGS> 1,966 <TOTAL-COMMON-STOCKHOLDERS-EQ> 5,544 <PREFERRED-MANDATORY> 437 <PREFERRED> 287 <LONG-TERM-DEBT-NET> 5,025 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 77 <LONG-TERM-DEBT-CURRENT-PORT> 443 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 9,928 <TOT-CAPITALIZATION-AND-LIAB> 21,741 <GROSS-OPERATING-REVENUE> 6,905 <INCOME-TAX-EXPENSE> 424 <OTHER-OPERATING-EXPENSES> 5,545 <TOTAL-OPERATING-EXPENSES> 5,545 <OPERATING-INCOME-LOSS> 1,360 <OTHER-INCOME-NET> 30 <INCOME-BEFORE-INTEREST-EXPEN> 1,390 <TOTAL-INTEREST-EXPENSE> 450 <NET-INCOME> 516 <PREFERRED-STOCK-DIVIDENDS> 18 <EARNINGS-AVAILABLE-FOR-COMM> 498 <COMMON-STOCK-DIVIDENDS> 290 <TOTAL-INTEREST-ON-BONDS> 252 <CASH-FLOW-OPERATIONS> 1,926 <EPS-BASIC> 0.00 <EPS-DILUTED> 0.00