<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the related
Form 10-K 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 $6,538,000 related to other income.
</LEGEND>
<CIK> 0000352049
<NAME> THE TOLEDO 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>                    1,168,216
<OTHER-PROPERTY-AND-INVEST>                    417,167
<TOTAL-CURRENT-ASSETS>                         243,948
<TOTAL-DEFERRED-CHARGES>                       939,434
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                               2,768,765
<COMMON>                                       195,670
<CAPITAL-SURPLUS-PAID-IN>                      328,559
<RETAINED-EARNINGS>                             51,463
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 575,692
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    210,000
<LONG-TERM-DEBT-NET>                         1,083,666
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                  104,200
<PREFERRED-STOCK-CURRENT>                        1,690
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                24,536
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 768,981
<TOT-CAPITALIZATION-AND-LIAB>                2,768,765
<GROSS-OPERATING-REVENUE>                      957,037
<INCOME-TAX-EXPENSE>                            72,696
<OTHER-OPERATING-EXPENSES>                     710,618
<TOTAL-OPERATING-EXPENSES>                     776,776
<OPERATING-INCOME-LOSS>                        180,261
<OTHER-INCOME-NET>                              12,225
<INCOME-BEFORE-INTEREST-EXPEN>                 192,486
<TOTAL-INTEREST-EXPENSE>                        85,904
<NET-INCOME>                                   106,582
<PREFERRED-STOCK-DIVIDENDS>                     13,610
<EARNINGS-AVAILABLE-FOR-COMM>                   92,972
<COMMON-STOCK-DIVIDENDS>                        50,483
<TOTAL-INTEREST-ON-BONDS>                       85,606
<CASH-FLOW-OPERATIONS>                         262,430
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0