<ARTICLE> UT
<CIK> 0000050172
<NAME> INDIANA MICHIGAN POWER COMPANY
<MULTIPLIER> 1,000
       
                                        
<PERIOD-TYPE>                              3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1996
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    2,568,567
<OTHER-PROPERTY-AND-INVEST>                    597,357
<TOTAL-CURRENT-ASSETS>                         286,640
<TOTAL-DEFERRED-CHARGES>                        45,414
<OTHER-ASSETS>                                 436,218
<TOTAL-ASSETS>                               3,934,196
<COMMON>                                        56,584
<CAPITAL-SURPLUS-PAID-IN>                      731,160
<RETAINED-EARNINGS>                            239,799
<TOTAL-COMMON-STOCKHOLDERS-EQ>               1,027,543
<PREFERRED-MANDATORY>                          135,000
<PREFERRED>                                     22,000
<LONG-TERM-DEBT-NET>                         1,035,002
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                   40,000
<PREFERRED-STOCK-CURRENT>                       30,000
<CAPITAL-LEASE-OBLIGATIONS>                    122,432
<LEASES-CURRENT>                                38,018
<OTHER-ITEMS-CAPITAL-AND-LIAB>               1,484,201
<TOT-CAPITALIZATION-AND-LIAB>                3,934,196
<GROSS-OPERATING-REVENUE>                      329,883
<INCOME-TAX-EXPENSE>                            20,503
<OTHER-OPERATING-EXPENSES>                     256,362
<TOTAL-OPERATING-EXPENSES>                     276,865
<OPERATING-INCOME-LOSS>                         53,018
<OTHER-INCOME-NET>                                (637)
<INCOME-BEFORE-INTEREST-EXPEN>                  52,381
<TOTAL-INTEREST-EXPENSE>                        16,614
<NET-INCOME>                                    35,767
<PREFERRED-STOCK-DIVIDENDS>                      2,948
<EARNINGS-AVAILABLE-FOR-COMM>                   32,819
<COMMON-STOCK-DIVIDENDS>                        28,127
<TOTAL-INTEREST-ON-BONDS>                       10,852
<CASH-FLOW-OPERATIONS>                         108,846
<EPS-PRIMARY>                                        0<F1>
<EPS-DILUTED>                                        0<F1>
<FN>
<F1> All common stock owned by parent company; no EPS required.
</FN>