<TABLE> <S> <C>

<ARTICLE> UT
<RESTATED>
<CIK> 0000081100
<NAME> PUGET SOUND ENERGY, INC.
<MULTIPLIER> 1,000

<S>                             <C>                     <C>
<PERIOD-TYPE>                   YEAR                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1995
<PERIOD-START>                             JAN-01-1996             JAN-01-1995
<PERIOD-END>                               DEC-31-1996             DEC-31-1995
<BOOK-VALUE>                                  PER-BOOK                PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    3,116,477               3,052,927
<OTHER-PROPERTY-AND-INVEST>                    280,000                 299,529
<TOTAL-CURRENT-ASSETS>                         378,446                 399,460
<TOTAL-DEFERRED-CHARGES>                             0                       0
<OTHER-ASSETS>                                 452,547                 492,652
<TOTAL-ASSETS>                               4,227,470               4,244,568
<COMMON>                                       845,112                 843,408
<CAPITAL-SURPLUS-PAID-IN>                      446,910                 444,928
<RETAINED-EARNINGS>                             86,355                  84,254
<TOTAL-COMMON-STOCKHOLDERS-EQ>               1,378,377               1,372,590
<PREFERRED-MANDATORY>                           87,839                  89,039
<PREFERRED>                                    215,000                 215,000
<LONG-TERM-DEBT-NET>                         1,165,584               1,230,499
<SHORT-TERM-NOTES>                              31,700                  44,000
<LONG-TERM-NOTES-PAYABLE>                            0                       0
<COMMERCIAL-PAPER-OBLIGATIONS>                 266,422                 285,043
<LONG-TERM-DEBT-CURRENT-PORT>                  100,062                  73,140
<PREFERRED-STOCK-CURRENT>                            0                       0
<CAPITAL-LEASE-OBLIGATIONS>                          0                       0
<LEASES-CURRENT>                                     0                       0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 982,486                 935,257
<TOT-CAPITALIZATION-AND-LIAB>                4,227,470               4,244,568
<GROSS-OPERATING-REVENUE>                    1,649,279               1,631,118
<INCOME-TAX-EXPENSE>                           107,747                  91,519
<OTHER-OPERATING-EXPENSES>                   1,257,058               1,269,255
<TOTAL-OPERATING-EXPENSES>                   1,364,805               1,360,774
<OPERATING-INCOME-LOSS>                        284,474                 270,344
<OTHER-INCOME-NET>                               1,593                (14,909)
<INCOME-BEFORE-INTEREST-EXPEN>                 286,067                 255,435
<TOTAL-INTEREST-EXPENSE>                       118,716                 127,054
<NET-INCOME>                                   165,519                 101,784
<PREFERRED-STOCK-DIVIDENDS>                     22,181                  22,654
<EARNINGS-AVAILABLE-FOR-COMM>                  143,338                  79,130
<COMMON-STOCK-DIVIDENDS>                       141,248                 140,976
<TOTAL-INTEREST-ON-BONDS>                       96,060                 104,853
<CASH-FLOW-OPERATIONS>                         399,577                 343,783
<EPS-PRIMARY>                                     1.70                    0.94
<EPS-DILUTED>                                     1.70                    0.94


</TABLE>