<ARTICLE> UT <CIK> 0000018734 <NAME> CENTRAL POWER AND LIGHT COMPANY <SUBSIDIARY> <NUMBER> 003 <NAME> CENTRAL POWER AND LIGHT COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,252,750 <OTHER-PROPERTY-AND-INVEST> 3,155 <TOTAL-CURRENT-ASSETS> 152,906 <TOTAL-DEFERRED-CHARGES> 3,704 <OTHER-ASSETS> 1,321,896 <TOTAL-ASSETS> 4,734,411 <COMMON> 168,888 <CAPITAL-SURPLUS-PAID-IN> 405,000 <RETAINED-EARNINGS> 717,767 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,291,655 <PREFERRED-MANDATORY> 0 <PREFERRED> 163,204 <LONG-TERM-DEBT-NET> 1,375,798 <SHORT-TERM-NOTES> 192,638 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 125,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,586,116 <TOT-CAPITALIZATION-AND-LIAB> 4,734,411 <GROSS-OPERATING-REVENUE> 282,278 <INCOME-TAX-EXPENSE> 11,105 <OTHER-OPERATING-EXPENSES> 224,553 <TOTAL-OPERATING-EXPENSES> 235,658 <OPERATING-INCOME-LOSS> 46,620 <OTHER-INCOME-NET> 948 <INCOME-BEFORE-INTEREST-EXPEN> 47,568 <TOTAL-INTEREST-EXPENSE> 30,020 <NET-INCOME> 17,548 <PREFERRED-STOCK-DIVIDENDS> 1,812 <EARNINGS-AVAILABLE-FOR-COMM> 15,736 <COMMON-STOCK-DIVIDENDS> 37,000 <TOTAL-INTEREST-ON-BONDS> 22,829 <CASH-FLOW-OPERATIONS> 49,912 <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00