<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND STATEMENT OF INCOME FROM THE COMPANY'S 1ST QUARTER 1996 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,228,612 <OTHER-PROPERTY-AND-INVEST> 135,901 <TOTAL-CURRENT-ASSETS> 255,597 <TOTAL-DEFERRED-CHARGES> 255,222 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,875,332 <COMMON> 136,717 <CAPITAL-SURPLUS-PAID-IN> 503,883 <RETAINED-EARNINGS> 291,244 <TOTAL-COMMON-STOCKHOLDERS-EQ> 931,844 <PREFERRED-MANDATORY> 0 <PREFERRED> 168,085 <LONG-TERM-DEBT-NET> 853,585 <SHORT-TERM-NOTES> 52,615 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 1,507 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 20,330 <LEASES-CURRENT> 12,590 <OTHER-ITEMS-CAPITAL-AND-LIAB> 834,776 <TOT-CAPITALIZATION-AND-LIAB> 2,875,332 <GROSS-OPERATING-REVENUE> 292,630 <INCOME-TAX-EXPENSE> 22,716 <OTHER-OPERATING-EXPENSES> 219,354 <TOTAL-OPERATING-EXPENSES> 242,070 <OPERATING-INCOME-LOSS> 50,560 <OTHER-INCOME-NET> 2,196 <INCOME-BEFORE-INTEREST-EXPEN> 52,756 <TOTAL-INTEREST-EXPENSE> 17,613 <NET-INCOME> 35,143 <PREFERRED-STOCK-DIVIDENDS> 2,440 <EARNINGS-AVAILABLE-FOR-COMM> 32,703 <COMMON-STOCK-DIVIDENDS> 23,322 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 79,599 <EPS-PRIMARY> $0.54 <EPS-DILUTED> $0.54