<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 MARCH 31, 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>                                                        MAR-31-1997
<BOOK-VALUE>                                                        PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                           1,785,310
<OTHER-PROPERTY-AND-INVEST>                                           265,344
<TOTAL-CURRENT-ASSETS>                                                295,920
<TOTAL-DEFERRED-CHARGES>                                            1,066,310
<OTHER-ASSETS>                                                              0
<TOTAL-ASSETS>                                                      3,412,884
<COMMON>                                                              160,346
<CAPITAL-SURPLUS-PAID-IN>                                             476,253
<RETAINED-EARNINGS>                                                   325,095
<TOTAL-COMMON-STOCKHOLDERS-EQ>                                        961,694
<PREFERRED-MANDATORY>                                                  30,000
<PREFERRED>                                                                 0
<LONG-TERM-DEBT-NET>                                                  924,720
<SHORT-TERM-NOTES>                                                          0
<LONG-TERM-NOTES-PAYABLE>                                                   0
<COMMERCIAL-PAPER-OBLIGATIONS>                                         73,422
<LONG-TERM-DEBT-CURRENT-PORT>                                          71,345
<PREFERRED-STOCK-CURRENT>                                                   0
<CAPITAL-LEASE-OBLIGATIONS>                                             6,094
<LEASES-CURRENT>                                                        2,653
<OTHER-ITEMS-CAPITAL-AND-LIAB>                                      1,348,262
<TOT-CAPITALIZATION-AND-LIAB>                                       3,412,884
<GROSS-OPERATING-REVENUE>                                             367,682
<INCOME-TAX-EXPENSE>                                                   38,907
<OTHER-OPERATING-EXPENSES>                                            263,644
<TOTAL-OPERATING-EXPENSES>                                            302,551
<OPERATING-INCOME-LOSS>                                                65,131
<OTHER-INCOME-NET>                                                      1,466
<INCOME-BEFORE-INTEREST-EXPEN>                                         66,597
<TOTAL-INTEREST-EXPENSE>                                               18,833
<NET-INCOME>                                                           47,764
<PREFERRED-STOCK-DIVIDENDS>                                               581
<EARNINGS-AVAILABLE-FOR-COMM>                                          47,183
<COMMON-STOCK-DIVIDENDS>                                               13,682
<TOTAL-INTEREST-ON-BONDS>                                              63,296
<CASH-FLOW-OPERATIONS>                                                114,443
<EPS-PRIMARY>                                                               0
<EPS-DILUTED>                                                               0
<FN>
<F1>Represents the 12 month-to-date figure ending December 31, 1996.
</FN>
        




</TABLE>