<ARTICLE>  UT
<SUBSIDIARY>
<NUMBER> 001
<NAME> CENTRAL AND SOUTH WEST CORPORATION
<MULTIPLIER> 1,000,000
       
                                                            
<PERIOD-TYPE>                               3-MOS                 9-MOS
<FISCAL-YEAR-END>                                     DEC-31-1995          DEC-31-1995
<PERIOD-END>                                          SEP-30-1995          SEP-30-1995
<BOOK-VALUE>                                             PER-BOOK             PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                   7,433                7,433
<OTHER-PROPERTY-AND-INVEST>                                   624                  624
<TOTAL-CURRENT-ASSETS>                                      1,483                1,483
<TOTAL-DEFERRED-CHARGES>                                      515                  515
<OTHER-ASSETS>                                              1,241                1,241
<TOTAL-ASSETS>                                             11,296               11,296
<COMMON>                                                      673                  673
<CAPITAL-SURPLUS-PAID-IN>                                     597                  597
<RETAINED-EARNINGS>                                         1,914                1,914
<TOTAL-COMMON-STOCKHOLDERS-EQ>                              3,184                3,184
<PREFERRED-MANDATORY>                                          34                   34
<PREFERRED>                                                   292                  292
<LONG-TERM-DEBT-NET>                                        2,940                2,940
<SHORT-TERM-NOTES>                                              0                    0
<LONG-TERM-NOTES-PAYABLE>                                      50                   50
<COMMERCIAL-PAPER-OBLIGATIONS>                              1,544                1,544
<LONG-TERM-DEBT-CURRENT-PORT>                                  26                   26
<PREFERRED-STOCK-CURRENT>                                       2                    2
<CAPITAL-LEASE-OBLIGATIONS>                                    11                   11
<LEASES-CURRENT>                                                4                    4
<OTHER-ITEMS-CAPITAL-AND-LIAB>                              3,209                3,209
<TOT-CAPITALIZATION-AND-LIAB>                              11,296               11,296
<GROSS-OPERATING-REVENUE>                                   1,087                2,666
<INCOME-TAX-EXPENSE>                                           87                   64
<OTHER-OPERATING-EXPENSES>                                    733                2,075
<TOTAL-OPERATING-EXPENSES>                                    820                2,139
<OPERATING-INCOME-LOSS>                                       267                  527
<OTHER-INCOME-NET>                                             21                   76
<INCOME-BEFORE-INTEREST-EXPEN>                                288                  603
<TOTAL-INTEREST-EXPENSE>                                       85                  249
<NET-INCOME>                                                  203                  354
<PREFERRED-STOCK-DIVIDENDS>                                     4                   14
<EARNINGS-AVAILABLE-FOR-COMM>                                 199                  340
<COMMON-STOCK-DIVIDENDS>                                       83                  248
<TOTAL-INTEREST-ON-BONDS>                                      60                  172
<CASH-FLOW-OPERATIONS>                                        213                  505
<EPS-PRIMARY>                                                1.04                 1.78
<EPS-DILUTED>                                                1.04                 1.78