<TABLE> <S> <C>

<ARTICLE>        UT
<LEGEND>   THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
           FROM THE AUDITED FINANCIAL STATEMENTS OF WISCONSIN ELECTRIC
           POWER COMPANY FOR THE FISCAL YEAR ENDED DECEMBER 31, 1998 AND
           IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
           STATEMENTS. 
</LEGEND>                 
<MULTIPLIER>                                                  1,000
                                   
<S>                                                           <C>
<CURRENCY>                                                    U.S. DOLLARS
<FISCAL-YEAR-END>                                              DEC-31-1998
<PERIOD-START>                                                 JAN-01-1998
<PERIOD-END>                                                   DEC-31-1998
<PERIOD-TYPE>                                                       12-MOS
<EXCHANGE-RATE>                                                          1
<BOOK-VALUE>                                                      PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                        3,184,080
<OTHER-PROPERTY-AND-INVEST>                                        578,628
<TOTAL-CURRENT-ASSETS>                                             568,122
<TOTAL-DEFERRED-CHARGES>                                                 0
<OTHER-ASSETS>                                                     438,112
<TOTAL-ASSETS>                                                   4,768,942
<COMMON>                                                           332,893
<CAPITAL-SURPLUS-PAID-IN>                                          380,689
<RETAINED-EARNINGS>                                                984,896
<TOTAL-COMMON-STOCKHOLDERS-EQ>                                   1,698,478
<PREFERRED-MANDATORY>                                                    0
<PREFERRED>                                                         30,450
<LONG-TERM-DEBT-NET>                                             1,170,052
<SHORT-TERM-NOTES>                                                  50,495
<LONG-TERM-NOTES-PAYABLE>                                          172,048
<COMMERCIAL-PAPER-OBLIGATIONS>                                     168,794
<LONG-TERM-DEBT-CURRENT-PORT>                                       92,905
<PREFERRED-STOCK-CURRENT>                                                0
<CAPITAL-LEASE-OBLIGATIONS>                                        170,431
<LEASES-CURRENT>                                                    19,549
<OTHER-ITEMS-CAPITAL-AND-LIAB>                                   1,195,740
<TOT-CAPITALIZATION-AND-LIAB>                                    4,768,942
<GROSS-OPERATING-REVENUE>                                        1,957,757
<INCOME-TAX-EXPENSE>                                                93,970
<OTHER-OPERATING-EXPENSES>                                       1,590,091
<TOTAL-OPERATING-EXPENSES>                                       1,684,061
<OPERATING-INCOME-LOSS>                                            273,696
<OTHER-INCOME-NET>                                                  21,174
<INCOME-BEFORE-INTEREST-EXPEN>                                     294,870
<TOTAL-INTEREST-EXPENSE>                                           110,696
<NET-INCOME>                                                       184,174
<PREFERRED-STOCK-DIVIDENDS>                                          1,203
<EARNINGS-AVAILABLE-FOR-COMM>                                      182,971
<COMMON-STOCK-DIVIDENDS>                                           179,001
<TOTAL-INTEREST-ON-BONDS>                                           93,969
<CASH-FLOW-OPERATIONS>                                             490,373
<EPS-PRIMARY>                                                            0
<EPS-DILUTED>                                                            0
<FN>                  
Earnings per share of common stock is not applicable because all of the
company's common stock is owned by Wisconsin Energy Corporation.
See financial statements and notes in accompanying 10-K.