<ARTICLE> UT <CIK> 0000806393 <NAME> ATLANTIC ENERGY INC <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1799728 <OTHER-PROPERTY-AND-INVEST> 221090 <TOTAL-CURRENT-ASSETS> 317998 <TOTAL-DEFERRED-CHARGES> 352267 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2691083 <COMMON> 565610 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 244986 <TOTAL-COMMON-STOCKHOLDERS-EQ> 810596 <PREFERRED-MANDATORY> 114750 <PREFERRED> 40000 <LONG-TERM-DEBT-NET> 829876 <SHORT-TERM-NOTES> 127695 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 50000 <PREFERRED-STOCK-CURRENT> 10250 <CAPITAL-LEASE-OBLIGATIONS> 39236 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 668680 <TOT-CAPITALIZATION-AND-LIAB> 2691083 <GROSS-OPERATING-REVENUE> 245325 <INCOME-TAX-EXPENSE> 7806 <OTHER-OPERATING-EXPENSES> 204539 <TOTAL-OPERATING-EXPENSES> 212345 <OPERATING-INCOME-LOSS> 32980 <OTHER-INCOME-NET> 1126 <INCOME-BEFORE-INTEREST-EXPEN> 34106 <TOTAL-INTEREST-EXPENSE> 15562 <NET-INCOME> 15535 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 15535 <COMMON-STOCK-DIVIDENDS> 20290 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> (22013) <EPS-PRIMARY> .29 <EPS-DILUTED> .29