<ARTICLE> UT <CIK> 0000092487 <NAME> SOUTHWESTERN ELECTRIC POWER COMPANY <SUBSIDIARY> <NUMBER> 005 <NAME> SOUTHWESTERN ELECTRIC POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,847,189 <OTHER-PROPERTY-AND-INVEST> 5,782 <TOTAL-CURRENT-ASSETS> 159,407 <TOTAL-DEFERRED-CHARGES> 4,974 <OTHER-ASSETS> 90,446 <TOTAL-ASSETS> 2,107,798 <COMMON> 135,660 <CAPITAL-SURPLUS-PAID-IN> 245,000 <RETAINED-EARNINGS> 288,018 <TOTAL-COMMON-STOCKHOLDERS-EQ> 668,678 <PREFERRED-MANDATORY> 0 <PREFERRED> 4,706 <LONG-TERM-DEBT-NET> 605,973 <SHORT-TERM-NOTES> 140,897 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 45,595 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 641,949 <TOT-CAPITALIZATION-AND-LIAB> 2,107,798 <GROSS-OPERATING-REVENUE> 965,027 <INCOME-TAX-EXPENSE> 38,506 <OTHER-OPERATING-EXPENSES> 778,997 <TOTAL-OPERATING-EXPENSES> 817,503 <OPERATING-INCOME-LOSS> 147,524 <OTHER-INCOME-NET> (1,965) <INCOME-BEFORE-INTEREST-EXPEN> 145,559 <TOTAL-INTEREST-EXPENSE> 58,893 <NET-INCOME> 83,655 <PREFERRED-STOCK-DIVIDENDS> 229 <EARNINGS-AVAILABLE-FOR-COMM> 83,426 <COMMON-STOCK-DIVIDENDS> 96,000 <TOTAL-INTEREST-ON-BONDS> 38,380 <CASH-FLOW-OPERATIONS> 154,942 <EPS-BASIC> 0 <EPS-DILUTED> 0