<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from Form 10Q for
the first quarter of 1995 and is qualified in its entirety by reference to such
10Q.
</LEGEND>
<CIK> 0000009548
<NAME> BANGOR HYDRO-ELECTRIC COMPANY
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               MAR-31-1995
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      210,830
<OTHER-PROPERTY-AND-INVEST>                     24,025
<TOTAL-CURRENT-ASSETS>                          34,654
<TOTAL-DEFERRED-CHARGES>                       110,117
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                                 379,626
<COMMON>                                        36,147
<CAPITAL-SURPLUS-PAID-IN>                       56,174
<RETAINED-EARNINGS>                             14,252
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 106,573
<PREFERRED-MANDATORY>                           13,758
<PREFERRED>                                      4,734
<LONG-TERM-DEBT-NET>                           114,922
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                       27,000
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                    1,551
<PREFERRED-STOCK-CURRENT>                        1,500
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 109,588
<TOT-CAPITALIZATION-AND-LIAB>                  379,626
<GROSS-OPERATING-REVENUE>                       48,263
<INCOME-TAX-EXPENSE>                             1,945
<OTHER-OPERATING-EXPENSES>                      40,315
<TOTAL-OPERATING-EXPENSES>                      42,260
<OPERATING-INCOME-LOSS>                          6,003
<OTHER-INCOME-NET>                                 303
<INCOME-BEFORE-INTEREST-EXPEN>                   6,306
<TOTAL-INTEREST-EXPENSE>                         3,013
<NET-INCOME>                                     3,293
<PREFERRED-STOCK-DIVIDENDS>                        413
<EARNINGS-AVAILABLE-FOR-COMM>                    2,880
<COMMON-STOCK-DIVIDENDS>                         2,386
<TOTAL-INTEREST-ON-BONDS>                       10,358
<CASH-FLOW-OPERATIONS>                           8,215
<EPS-PRIMARY>                                      .40
<EPS-DILUTED>                                      .40