<ARTICLE> UT <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,730,358 <OTHER-PROPERTY-AND-INVEST> 307,154 <TOTAL-CURRENT-ASSETS> 326,709 <TOTAL-DEFERRED-CHARGES> 252,389 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 3,616,610 <COMMON> 45,535 <CAPITAL-SURPLUS-PAID-IN> 623,208 <RETAINED-EARNINGS> 247,004 <TOTAL-COMMON-STOCKHOLDERS-EQ> 915,747 <PREFERRED-MANDATORY> 94,000 <PREFERRED> 123,000 <LONG-TERM-DEBT-NET> 1,136,617 <SHORT-TERM-NOTES> 80,786 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 134,000 <LONG-TERM-DEBT-CURRENT-PORT> 100,250 <PREFERRED-STOCK-CURRENT> 2,000 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,030,210 <TOT-CAPITALIZATION-AND-LIAB> 3,616,610 <GROSS-OPERATING-REVENUE> 1,548,554 <INCOME-TAX-EXPENSE> 54,279 <OTHER-OPERATING-EXPENSES> 1,267,452 <TOTAL-OPERATING-EXPENSES> 1,321,731 <OPERATING-INCOME-LOSS> 226,823 <OTHER-INCOME-NET> 5,658 <INCOME-BEFORE-INTEREST-EXPEN> 232,481 <TOTAL-INTEREST-EXPENSE> 107,459 <NET-INCOME> 125,022 <PREFERRED-STOCK-DIVIDENDS> 15,765 <EARNINGS-AVAILABLE-FOR-COMM> 109,257 <COMMON-STOCK-DIVIDENDS> 80,545 <TOTAL-INTEREST-ON-BONDS> 5,405 <CASH-FLOW-OPERATIONS> 368,131 <EPS-PRIMARY> 2.41 <EPS-DILUTED> 0.00