<ARTICLE> UT
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET AND STATMENT OF INCOME FROM ATLANTINC CITY ELECTRIC
COMPANY'S SECOND QUARTER 1998 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    1,762,564
<OTHER-PROPERTY-AND-INVEST>                     95,629
<TOTAL-CURRENT-ASSETS>                         281,862
<TOTAL-DEFERRED-CHARGES>                       289,971
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                               2,430,026
<COMMON>                                        54,963
<CAPITAL-SURPLUS-PAID-IN>                      492,872
<RETAINED-EARNINGS>                            190,678
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 738,513
<PREFERRED-MANDATORY>                           23,950
<PREFERRED>                                    100,000
<LONG-TERM-DEBT-NET>                           819,327
<SHORT-TERM-NOTES>                              84,600
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                   30,075
<PREFERRED-STOCK-CURRENT>                       10,000
<CAPITAL-LEASE-OBLIGATIONS>                     17,991
<LEASES-CURRENT>                                15,948
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 589,622
<TOT-CAPITALIZATION-AND-LIAB>                2,430,026
<GROSS-OPERATING-REVENUE>                      479,831
<INCOME-TAX-EXPENSE>                               (8)
<OTHER-OPERATING-EXPENSES>                     451,627
<TOTAL-OPERATING-EXPENSES>                     451,619
<OPERATING-INCOME-LOSS>                         28,212
<OTHER-INCOME-NET>                               4,051
<INCOME-BEFORE-INTEREST-EXPEN>                  32,263
<TOTAL-INTEREST-EXPENSE>                        33,687
<NET-INCOME>                                   (1,424)
<PREFERRED-STOCK-DIVIDENDS>                      2,000
<EARNINGS-AVAILABLE-FOR-COMM>                  (3,424)
<COMMON-STOCK-DIVIDENDS>                        40,808
<TOTAL-INTEREST-ON-BONDS>                            0
<CASH-FLOW-OPERATIONS>                          41,510
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0