<ARTICLE> UT <CIK> 0000806393 <NAME> ATLANTIC ENERGY, INC. <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,781,923 <OTHER-PROPERTY-AND-INVEST> 177,323 <TOTAL-CURRENT-ASSETS> 207,979 <TOTAL-DEFERRED-CHARGES> 378,330 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,545,555 <COMMON> 593,475 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 249,181 <TOTAL-COMMON-STOCKHOLDERS-EQ> 842,656 <PREFERRED-MANDATORY> 149,250 <PREFERRED> 40,000 <LONG-TERM-DEBT-NET> 778,288 <SHORT-TERM-NOTES> 8,600 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 1,000 <PREFERRED-STOCK-CURRENT> 12,250 <CAPITAL-LEASE-OBLIGATIONS> 41,111 <LEASES-CURRENT> 940 <OTHER-ITEMS-CAPITAL-AND-LIAB> 671,460 <TOT-CAPITALIZATION-AND-LIAB> 2,545,555 <GROSS-OPERATING-REVENUE> 913,039 <INCOME-TAX-EXPENSE> 42,529 <OTHER-OPERATING-EXPENSES> 716,970 <TOTAL-OPERATING-EXPENSES> 759,499 <OPERATING-INCOME-LOSS> 153,540 <OTHER-INCOME-NET> (2,251) <INCOME-BEFORE-INTEREST-EXPEN> 148,517 <TOTAL-INTEREST-EXPENSE> 58,460 <NET-INCOME> 76,113 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 76,113 <COMMON-STOCK-DIVIDENDS> 83,481 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 157,680 <EPS-PRIMARY> 1.41 <EPS-DILUTED> 1.41