
<TABLE> <S> <C>

<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from PG&E
Corporation and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<MULTIPLIER> 1,000,000
       
<S>                             <C>
<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>                       16,287
<OTHER-PROPERTY-AND-INVEST>                        666
<TOTAL-CURRENT-ASSETS>                           3,822
<TOTAL-DEFERRED-CHARGES>                         2,742
<OTHER-ASSETS>                                   5,772
<TOTAL-ASSETS>                                  29,289
<COMMON>                                         5,834
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                              2,041
<TOTAL-COMMON-STOCKHOLDERS-EQ>                   7,875
<PREFERRED-MANDATORY>                              493
<PREFERRED>                                        329
<LONG-TERM-DEBT-NET>                             7,390
<SHORT-TERM-NOTES>                                 576
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                     113
<LONG-TERM-DEBT-CURRENT-PORT>                      508
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                  12,005
<TOT-CAPITALIZATION-AND-LIAB>                   29,289
<GROSS-OPERATING-REVENUE>                        9,140
<INCOME-TAX-EXPENSE>                               322
<OTHER-OPERATING-EXPENSES>                       8,114
<TOTAL-OPERATING-EXPENSES>                       8,114
<OPERATING-INCOME-LOSS>                          1,026
<OTHER-INCOME-NET>                                  14
<INCOME-BEFORE-INTEREST-EXPEN>                   1,040
<TOTAL-INTEREST-EXPENSE>                           405
<NET-INCOME>                                       313
<PREFERRED-STOCK-DIVIDENDS>                          0
<EARNINGS-AVAILABLE-FOR-COMM>                      313
<COMMON-STOCK-DIVIDENDS>                           237
<TOTAL-INTEREST-ON-BONDS>                          179
<CASH-FLOW-OPERATIONS>                           1,250
<EPS-PRIMARY>                                     0.82
<EPS-DILUTED>                                     0.82
        


</TABLE>
