<ARTICLE> UT <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,934,955 <OTHER-PROPERTY-AND-INVEST> 130,817 <TOTAL-CURRENT-ASSETS> 350,559 <TOTAL-DEFERRED-CHARGES> 204,967 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 3,621,298 <COMMON> 48,106 <CAPITAL-SURPLUS-PAID-IN> 686,604 <RETAINED-EARNINGS> 256,448 <TOTAL-COMMON-STOCKHOLDERS-EQ> 991,158 <PREFERRED-MANDATORY> 92,000 <PREFERRED> 123,000 <LONG-TERM-DEBT-NET> 1,060,130 <SHORT-TERM-NOTES> 60,060 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 142,000 <LONG-TERM-DEBT-CURRENT-PORT> 100,267 <PREFERRED-STOCK-CURRENT> 2,000 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,050,683 <TOT-CAPITALIZATION-AND-LIAB> 3,621,298 <GROSS-OPERATING-REVENUE> 387,849 <INCOME-TAX-EXPENSE> 14,895 <OTHER-OPERATING-EXPENSES> 320,861 <TOTAL-OPERATING-EXPENSES> 335,756 <OPERATING-INCOME-LOSS> 52,093 <OTHER-INCOME-NET> 640 <INCOME-BEFORE-INTEREST-EXPEN> 52,733 <TOTAL-INTEREST-EXPENSE> 27,530 <NET-INCOME> 25,203 <PREFERRED-STOCK-DIVIDENDS> 3,890 <EARNINGS-AVAILABLE-FOR-COMM> 21,313 <COMMON-STOCK-DIVIDENDS> 22,615 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 72,039 <EPS-PRIMARY> 0.44 <EPS-DILUTED> 0