<ARTICLE> UT <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1996 <PERIOD-START> OCT-01-1995 <PERIOD-END> DEC-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,347 <OTHER-PROPERTY-AND-INVEST> 45 <TOTAL-CURRENT-ASSETS> 338 <TOTAL-DEFERRED-CHARGES> 61 <OTHER-ASSETS> 6 <TOTAL-ASSETS> 1,797 <COMMON> 276 <CAPITAL-SURPLUS-PAID-IN> 164 <RETAINED-EARNINGS> 137 <TOTAL-COMMON-STOCKHOLDERS-EQ> 576 <PREFERRED-MANDATORY> 56 <PREFERRED> 3 <LONG-TERM-DEBT-NET> 555 <SHORT-TERM-NOTES> 156 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 452 <TOT-CAPITALIZATION-AND-LIAB> 1,797 <GROSS-OPERATING-REVENUE> 329 <INCOME-TAX-EXPENSE> 17 <OTHER-OPERATING-EXPENSES> 81 <TOTAL-OPERATING-EXPENSES> 287 <OPERATING-INCOME-LOSS> 42 <OTHER-INCOME-NET> 1 <INCOME-BEFORE-INTEREST-EXPEN> 43 <TOTAL-INTEREST-EXPENSE> 13 <NET-INCOME> 30 <PREFERRED-STOCK-DIVIDENDS> 1 <EARNINGS-AVAILABLE-FOR-COMM> 29 <COMMON-STOCK-DIVIDENDS> 15 <TOTAL-INTEREST-ON-BONDS> 11 <CASH-FLOW-OPERATIONS> (65) <EPS-PRIMARY> 0.53 <EPS-DILUTED> 0.53