WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> UT
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE CONSOLIDATED FINANCIAL STATEMENTS FILED ON FORM 10-K
FOR THE PERIODS ENDED DECEMBER 31, 1995 AND 1994 FOR PORTLAND
GENERAL ELECTRIC COMPANY AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   YEAR                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995             DEC-31-1994
<PERIOD-END>                               DEC-31-1995             DEC-31-1994
<BOOK-VALUE>                                  PER-BOOK                PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    1,723,619               1,616,534
<OTHER-PROPERTY-AND-INVEST>                    138,352                 124,593
<TOTAL-CURRENT-ASSETS>                         223,306                 327,710
<TOTAL-DEFERRED-CHARGES>                     1,160,320               1,285,314
<OTHER-ASSETS>                                       0                       0
<TOTAL-ASSETS>                               3,245,597               3,354,151
<COMMON>                                       160,346                 160,346
<CAPITAL-SURPLUS-PAID-IN>                      473,439                 470,008
<RETAINED-EARNINGS>                            246,282                 216,468
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 880,067                 834,226
<PREFERRED-MANDATORY>                           40,000                  50,000
<PREFERRED>                                          0                  69,704
<LONG-TERM-DEBT-NET>                           883,656                 796,602
<SHORT-TERM-NOTES>                                   0                       0
<LONG-TERM-NOTES-PAYABLE>                            0                       0
<COMMERCIAL-PAPER-OBLIGATIONS>                 170,248                 148,598
<LONG-TERM-DEBT-CURRENT-PORT>                   62,661                  69,195
<PREFERRED-STOCK-CURRENT>                       10,000                  10,000
<CAPITAL-LEASE-OBLIGATIONS>                      6,900                   9,212
<LEASES-CURRENT>                                 2,453                   2,311
<OTHER-ITEMS-CAPITAL-AND-LIAB>               1,189,612               1,364,303
<TOT-CAPITALIZATION-AND-LIAB>                3,245,597               3,354,151
<GROSS-OPERATING-REVENUE>                      981,628                 958,955
<INCOME-TAX-EXPENSE>                            89,523                  75,314
<OTHER-OPERATING-EXPENSES>                     696,919                 730,433
<TOTAL-OPERATING-EXPENSES>                     786,442                 805,747
<OPERATING-INCOME-LOSS>                        195,186                 153,208
<OTHER-INCOME-NET>                            (33,623)                  16,148
<INCOME-BEFORE-INTEREST-EXPEN>                 161,563                 169,356
<TOTAL-INTEREST-EXPENSE>                        68,776                  63,238
<NET-INCOME>                                    92,787                 106,118
<PREFERRED-STOCK-DIVIDENDS>                      9,644                  10,800
<EARNINGS-AVAILABLE-FOR-COMM>                   83,143                  95,318
<COMMON-STOCK-DIVIDENDS>                        50,456                  56,442
<TOTAL-INTEREST-ON-BONDS>                       62,570                  54,732
<CASH-FLOW-OPERATIONS>                         272,490                 238,435
<EPS-PRIMARY>                                        0<F1>                       0<F1>
<EPS-DILUTED>                                        0<F1>                       0<F1>
<FN>
<F1>PORTLAND GENERAL ELECTRIC COMPANY IS A WHOLLY OWNED
SUBSIDIARY OF PORTLAND GENERAL CORPORATION AND DOES
NOT REPORT EARNINGS PER SHARE INFORMATION.
</FN>
        

</TABLE>