<ARTICLE> UT <CIK> 0000008192 <NAME> ATLANTIC CITY ELECTRIC CO. <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> 55,143 <TOTAL-CURRENT-ASSETS> 207,815 <TOTAL-DEFERRED-CHARGES> 376,435 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,421,316 <COMMON> 54,963 <CAPITAL-SURPLUS-PAID-IN> 493,830 <RETAINED-EARNINGS> 249,767 <TOTAL-COMMON-STOCKHOLDERS-EQ> 796,260 <PREFERRED-MANDATORY> 149,250 <PREFERRED> 40,000 <LONG-TERM-DEBT-NET> 763,288 <SHORT-TERM-NOTES> 8,600 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 12,250 <CAPITAL-LEASE-OBLIGATIONS> 41,102 <LEASES-CURRENT> 928 <OTHER-ITEMS-CAPITAL-AND-LIAB> 607,338 <TOT-CAPITALIZATION-AND-LIAB> 2,421,316 <GROSS-OPERATING-REVENUE> 913,226 <INCOME-TAX-EXPENSE> 42,529 <OTHER-OPERATING-EXPENSES> 717,702 <TOTAL-OPERATING-EXPENSES> 760,231 <OPERATING-INCOME-LOSS> 152,995 <OTHER-INCOME-NET> (1,361) <INCOME-BEFORE-INTEREST-EXPEN> 148,862 <TOTAL-INTEREST-EXPENSE> 58,460 <NET-INCOME> 93,174 <PREFERRED-STOCK-DIVIDENDS> 16,716 <EARNINGS-AVAILABLE-FOR-COMM> 76,458 <COMMON-STOCK-DIVIDENDS> 83,482 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 148,697 <EPS-PRIMARY> 0 <EPS-DILUTED> 0