<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the related Form 10-K financial statements for Ohio Edison Company and is qualified in its entirety by reference to such financial statements. (Amounts in 1,000's). Income tax expense includes $20,305,000 related to other income and $(21,208,000) related to extraordinary item. </LEGEND> <CIK> 0000073960 <NAME> OHIO EDISON COMPANY <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 4,740,029 <OTHER-PROPERTY-AND-INVEST> 1,291,261 <TOTAL-CURRENT-ASSETS> 729,723 <TOTAL-DEFERRED-CHARGES> 1,972,138 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 8,733,151 <COMMON> 1 <CAPITAL-SURPLUS-PAID-IN> 2,098,728 <RETAINED-EARNINGS> 583,144 <TOTAL-COMMON-STOCKHOLDERS-EQ> 2,681,873 <PREFERRED-MANDATORY> 145,000 <PREFERRED> 211,870 <LONG-TERM-DEBT-NET> 2,215,042 <SHORT-TERM-NOTES> 218,208 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 119,975 <LONG-TERM-DEBT-CURRENT-PORT> 519,782 <PREFERRED-STOCK-CURRENT> 5,000 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 4,010 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2,612,391 <TOT-CAPITALIZATION-AND-LIAB> 8,733,151 <GROSS-OPERATING-REVENUE> 2,519,662 <INCOME-TAX-EXPENSE> 170,053 <OTHER-OPERATING-EXPENSES> 1,861,786 <TOTAL-OPERATING-EXPENSES> 2,032,742 <OPERATING-INCOME-LOSS> 486,920 <OTHER-INCOME-NET> 47,621 <INCOME-BEFORE-INTEREST-EXPEN> 534,541 <TOTAL-INTEREST-EXPENSE> 233,221 <NET-INCOME> 270,798 <PREFERRED-STOCK-DIVIDENDS> 11,970 <EARNINGS-AVAILABLE-FOR-COMM> 258,828 <COMMON-STOCK-DIVIDENDS> 297,376 <TOTAL-INTEREST-ON-BONDS> 197,590 <CASH-FLOW-OPERATIONS> 609,407 <EPS-PRIMARY> 0 <EPS-DILUTED> 0