<ARTICLE> UT <CIK> 0000012473 <NAME> BLACKSTONE VALLEY ELECTRIC COMPANY <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> DEC-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 88480 <OTHER-PROPERTY-AND-INVEST> 47 <TOTAL-CURRENT-ASSETS> 19833 <TOTAL-DEFERRED-CHARGES> 15618 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 123978 <COMMON> 9203 <CAPITAL-SURPLUS-PAID-IN> 17908 <RETAINED-EARNINGS> 9934 <TOTAL-COMMON-STOCKHOLDERS-EQ> 37045 <PREFERRED-MANDATORY> 0 <PREFERRED> 6130 <LONG-TERM-DEBT-NET> 36500 <SHORT-TERM-NOTES> 1259 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 1500 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 41544 <TOT-CAPITALIZATION-AND-LIAB> 123978 <GROSS-OPERATING-REVENUE> 140861 <INCOME-TAX-EXPENSE> 2347 <OTHER-OPERATING-EXPENSES> 130177 <TOTAL-OPERATING-EXPENSES> 132524 <OPERATING-INCOME-LOSS> 8337 <OTHER-INCOME-NET> (5) <INCOME-BEFORE-INTEREST-EXPEN> 8332 <TOTAL-INTEREST-EXPENSE> 4034 <NET-INCOME> 4298 <PREFERRED-STOCK-DIVIDENDS> 289 <EARNINGS-AVAILABLE-FOR-COMM> 4009 <COMMON-STOCK-DIVIDENDS> 4144 <TOTAL-INTEREST-ON-BONDS> 3481 <CASH-FLOW-OPERATIONS> 10019 <EPS-PRIMARY> 0 <EPS-DILUTED> 0