<TABLE> <S> <C>
                                                            
                                                                  
<ARTICLE>                                                        UT
<LEGEND>
This schedule  contains  summary  financial  information  extracted from Central
Maine Power Company's Consolidated  Statement of Earnings,  Consolidated Balance
Sheet and Consolidated  Statement of Cash Flows and is qualified in its entirety
by reference to such financial statements.
</LEGEND>
<MULTIPLIER>                                         1
<CURRENCY>                                           U.S. Dollars
                                                      
<S>                                                  <C>
<PERIOD-TYPE>                                        12-MOS
<FISCAL-YEAR-END>                                    DEC-31-1998
<PERIOD-START>                                       JAN-1-1998
<PERIOD-END>                                         DEC-31-1998
<EXCHANGE-RATE>                                                          2
<BOOK-VALUE>                                         Per-Book
<TOTAL-NET-UTILITY-PLANT>                                       $1,076,944
<OTHER-PROPERTY-AND-INVEST>                                        $48,406
<TOTAL-CURRENT-ASSETS>                                            $198,314
<TOTAL-DEFERRED-CHARGES>                                          $878,428
<OTHER-ASSETS>                                                     $21,388
<TOTAL-ASSETS>                                                  $2,223,480
<COMMON>                                                          $143,213
<CAPITAL-SURPLUS-PAID-IN>                                         $276,422
<RETAINED-EARNINGS>                                                $76,349
<TOTAL-COMMON-STOCKHOLDERS-EQ>                                    $495,984
<PREFERRED-MANDATORY>                                              $18,910
<PREFERRED>                                                        $35,571
<LONG-TERM-DEBT-NET>                                              $311,061
<SHORT-TERM-NOTES>                                                 $15,000
<LONG-TERM-NOTES-PAYABLE>                                               $0
<COMMERCIAL-PAPER-OBLIGATIONS>                                          $0
<LONG-TERM-DEBT-CURRENT-PORT>                                     $283,893
<PREFERRED-STOCK-CURRENT>                                           $9,000
<CAPITAL-LEASE-OBLIGATIONS>                                        $32,773
<LEASES-CURRENT>                                                    $1,745
<OTHER-ITEMS-CAPITAL-AND-LIAB>                                  $1,019,543
<TOT-CAPITALIZATION-AND-LIAB>                                   $2,223,480
<GROSS-OPERATING-REVENUE>                                         $941,530
<INCOME-TAX-EXPENSE>                                               $38,433
<OTHER-OPERATING-EXPENSES>                                        $814,881
<TOTAL-OPERATING-EXPENSES>                                        $814,881
<OPERATING-INCOME-LOSS>                                           $126,649
<OTHER-INCOME-NET>                                                 $17,621
<INCOME-BEFORE-INTEREST-EXPEN>                                    $105,837
<TOTAL-INTEREST-EXPENSE>                                           $51,014
<NET-INCOME>                                                       $54,823
<PREFERRED-STOCK-DIVIDENDS>                                         $4,809
<EARNINGS-AVAILABLE-FOR-COMM>                                      $50,014
<COMMON-STOCK-DIVIDENDS>                                           $28,943
<TOTAL-INTEREST-ON-BONDS>                                          $21,338
<CASH-FLOW-OPERATIONS>                                             $76,755
<EPS-PRIMARY>                                                         1.56
<EPS-DILUTED>                                                         1.56
        
 

</TABLE>