<ARTICLE> UT <CIK> 0000014407 <NAME> EASTERN EDISON COMPANY <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 545527 <OTHER-PROPERTY-AND-INVEST> 16284 <TOTAL-CURRENT-ASSETS> 67051 <TOTAL-DEFERRED-CHARGES> 148262 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 777124 <COMMON> 72284 <CAPITAL-SURPLUS-PAID-IN> 47205 <RETAINED-EARNINGS> 98979 <TOTAL-COMMON-STOCKHOLDERS-EQ> 218468 <PREFERRED-MANDATORY> 27612 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 162491 <SHORT-TERM-NOTES> 4675 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 60000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 303878 <TOT-CAPITALIZATION-AND-LIAB> 777124 <GROSS-OPERATING-REVENUE> 435014 <INCOME-TAX-EXPENSE> 14247 <OTHER-OPERATING-EXPENSES> 375572 <TOTAL-OPERATING-EXPENSES> 389819 <OPERATING-INCOME-LOSS> 45195 <OTHER-INCOME-NET> 2427 <INCOME-BEFORE-INTEREST-EXPEN> 47622 <TOTAL-INTEREST-EXPENSE> 18575 <NET-INCOME> 29047 <PREFERRED-STOCK-DIVIDENDS> 1988 <EARNINGS-AVAILABLE-FOR-COMM> 27059 <COMMON-STOCK-DIVIDENDS> 48227 <TOTAL-INTEREST-ON-BONDS> 15006 <CASH-FLOW-OPERATIONS> 61379 <EPS-PRIMARY> 0 <EPS-DILUTED> 0