<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the related Form 10-Q financial statements for The Toledo Edison Company and is qualified in its entirety by reference to such financial statements. (Amounts in 1,000's). Income tax expense includes $5,277,000 related to other income. </LEGEND> <CIK> 0000352049 <NAME> THE TOLEDO EDISON COMPANY <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,167,470 <OTHER-PROPERTY-AND-INVEST> 408,906 <TOTAL-CURRENT-ASSETS> 198,685 <TOTAL-DEFERRED-CHARGES> 972,613 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,747,674 <COMMON> 195,670 <CAPITAL-SURPLUS-PAID-IN> 328,193 <RETAINED-EARNINGS> 48,470 <TOTAL-COMMON-STOCKHOLDERS-EQ> 572,333 <PREFERRED-MANDATORY> 0 <PREFERRED> 210,000 <LONG-TERM-DEBT-NET> 1,086,227 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 116,200 <PREFERRED-STOCK-CURRENT> 1,690 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 24,602 <OTHER-ITEMS-CAPITAL-AND-LIAB> 736,622 <TOT-CAPITALIZATION-AND-LIAB> 2,747,674 <GROSS-OPERATING-REVENUE> 714,116 <INCOME-TAX-EXPENSE> 57,262 <OTHER-OPERATING-EXPENSES> 521,118 <TOTAL-OPERATING-EXPENSES> 573,103 <OPERATING-INCOME-LOSS> 141,013 <OTHER-INCOME-NET> 9,573 <INCOME-BEFORE-INTEREST-EXPEN> 150,586 <TOTAL-INTEREST-EXPENSE> 64,764 <NET-INCOME> 85,822 <PREFERRED-STOCK-DIVIDENDS> 9,680 <EARNINGS-AVAILABLE-FOR-COMM> 76,142 <COMMON-STOCK-DIVIDENDS> 36,786 <TOTAL-INTEREST-ON-BONDS> 86,829 <CASH-FLOW-OPERATIONS> 196,799 <EPS-PRIMARY> 0 <EPS-DILUTED> 0