<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from Bangor Hydro-Electric Company's March 31, 1997 Form 10-Q and is qualified in its entirety by reference to such 10-Q. </LEGEND> <CIK> 0000009548 <NAME> BANGOR HYDRO-ELECTRIC COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 231,273 <OTHER-PROPERTY-AND-INVEST> 49,408 <TOTAL-CURRENT-ASSETS> 38,119 <TOTAL-DEFERRED-CHARGES> 235,102 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 553,902 <COMMON> 36,817 <CAPITAL-SURPLUS-PAID-IN> 56,969 <RETAINED-EARNINGS> 14,907 <TOTAL-COMMON-STOCKHOLDERS-EQ> 108,693 <PREFERRED-MANDATORY> 10,685 <PREFERRED> 4,734 <LONG-TERM-DEBT-NET> 273,209 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 32,000 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 13,967 <PREFERRED-STOCK-CURRENT> 1,594 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 109,020 <TOT-CAPITALIZATION-AND-LIAB> 553,902 <GROSS-OPERATING-REVENUE> 48,176 <INCOME-TAX-EXPENSE> (342) <OTHER-OPERATING-EXPENSES> 41,861 <TOTAL-OPERATING-EXPENSES> 41,519 <OPERATING-INCOME-LOSS> 6,657 <OTHER-INCOME-NET> 392 <INCOME-BEFORE-INTEREST-EXPEN> 7,049 <TOTAL-INTEREST-EXPENSE> 6,333 <NET-INCOME> 716 <PREFERRED-STOCK-DIVIDENDS> 344 <EARNINGS-AVAILABLE-FOR-COMM> 372 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 22,323 <CASH-FLOW-OPERATIONS> 9,120 <EPS-PRIMARY> .05 <EPS-DILUTED> .05