<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the related Form 10-K financial statements for Pennsylvania Power Company and is qualified in its entirety by reference to such financial statements. (Amounts in 1,000's). Income tax includes $710,000 related to other income and $(21,208,000) related to extraordinary item. </LEGEND> <CIK> 0000077278 <NAME> PENNSYLVANIA POWER 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> 413,278 <OTHER-PROPERTY-AND-INVEST> 29,177 <TOTAL-CURRENT-ASSETS> 157,296 <TOTAL-DEFERRED-CHARGES> 378,021 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 977,772 <COMMON> 188,700 <CAPITAL-SURPLUS-PAID-IN> (310) <RETAINED-EARNINGS> 86,891 <TOTAL-COMMON-STOCKHOLDERS-EQ> 275,281 <PREFERRED-MANDATORY> 15,000 <PREFERRED> 50,905 <LONG-TERM-DEBT-NET> 287,689 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 487 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 6,054 <OTHER-ITEMS-CAPITAL-AND-LIAB> 342,356 <TOT-CAPITALIZATION-AND-LIAB> 977,772 <GROSS-OPERATING-REVENUE> 323,756 <INCOME-TAX-EXPENSE> 11,296 <OTHER-OPERATING-EXPENSES> 233,921 <TOTAL-OPERATING-EXPENSES> 265,715 <OPERATING-INCOME-LOSS> 58,041 <OTHER-INCOME-NET> 2,485 <INCOME-BEFORE-INTEREST-EXPEN> 60,526 <TOTAL-INTEREST-EXPENSE> 20,778 <NET-INCOME> 9,226 <PREFERRED-STOCK-DIVIDENDS> 4,626 <EARNINGS-AVAILABLE-FOR-COMM> 4,600 <COMMON-STOCK-DIVIDENDS> 21,386 <TOTAL-INTEREST-ON-BONDS> 19,233 <CASH-FLOW-OPERATIONS> 88,231 <EPS-PRIMARY> 0 <EPS-DILUTED> 0