<TABLE> <S> <C>

<ARTICLE> UT
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE CONSOLIDATED FINANCIAL STATEMENTS FILED ON FORM 10-Q
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 1997 FOR PORTLAND GENERAL
ELECTRIC COMPANY AND SUBSIDIARIES (PGE) AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<CIK> 0000784977
<NAME> PORTLAND GENERAL ELECTRIC COMPANY
       
<CAPTION>
<S>                                                                                              <C>
<PERIOD-TYPE>                                                                                    3-MOS
<FISCAL-YEAR-END>                                                                                DEC-31-1996
<PERIOD-END>                                                                                     SEP-30-1997
<BOOK-VALUE>                                                                                     PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                                                        1,800,915
<OTHER-PROPERTY-AND-INVEST>                                                                        373,549
<TOTAL-CURRENT-ASSETS>                                                                             270,873
<TOTAL-DEFERRED-CHARGES>                                                                           866,412
<OTHER-ASSETS>                                                                                           0
<TOTAL-ASSETS>                                                                                   3,311,749
<COMMON>                                                                                           160,346
<CAPITAL-SURPLUS-PAID-IN>                                                                          478,522
<RETAINED-EARNINGS>                                                                                235,727
<TOTAL-COMMON-STOCKHOLDERS-EQ>                                                                     874,595
<PREFERRED-MANDATORY>                                                                               30,000
<PREFERRED>                                                                                              0
<LONG-TERM-DEBT-NET>                                                                               834,815
<SHORT-TERM-NOTES>                                                                                       0
<LONG-TERM-NOTES-PAYABLE>                                                                                0
<COMMERCIAL-PAPER-OBLIGATIONS>                                                                     114,517
<LONG-TERM-DEBT-CURRENT-PORT>                                                                       83,248
<PREFERRED-STOCK-CURRENT>                                                                                0
<CAPITAL-LEASE-OBLIGATIONS>                                                                          4,783
<LEASES-CURRENT>                                                                                     2,714
<OTHER-ITEMS-CAPITAL-AND-LIAB>                                                                   1,367,077
<TOT-CAPITALIZATION-AND-LIAB>                                                                    3,311,749
<GROSS-OPERATING-REVENUE>                                                                          390,883
<INCOME-TAX-EXPENSE>                                                                                13,703
<OTHER-OPERATING-EXPENSES>                                                                         331,628
<TOTAL-OPERATING-EXPENSES>                                                                         345,331
<OPERATING-INCOME-LOSS>                                                                             45,552
<OTHER-INCOME-NET>                                                                                 (13,244)
<INCOME-BEFORE-INTEREST-EXPEN>                                                                      32,308
<TOTAL-INTEREST-EXPENSE>                                                                            17,800
<NET-INCOME>                                                                                        14,508
<PREFERRED-STOCK-DIVIDENDS>                                                                            581
<EARNINGS-AVAILABLE-FOR-COMM>                                                                       13,927
<COMMON-STOCK-DIVIDENDS>                                                                           113,617
<TOTAL-INTEREST-ON-BONDS>                                                                           65,393
<CASH-FLOW-OPERATIONS>                                                                             112,715
<EPS-PRIMARY>                                                                                            0
<EPS-DILUTED>                                                                                            0
<FN>
<F1>Represents the 12 month-to-date figure ending September 30, 1997.
</FN>
        



</TABLE>