<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE SEPTEMBER 30, 1994, AQUARION COMPANY FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> SEP-30-1994 <CASH> 337 <SECURITIES> 0 <RECEIVABLES> 17286 <ALLOWANCES> 3787 <INVENTORY> 2196 <CURRENT-ASSETS> 37035 <PP&E> 380231 <DEPRECIATION> 126119 <TOTAL-ASSETS> 372892 <CURRENT-LIABILITIES> 26125 <BONDS> 115538 <COMMON> 6655 <PREFERRED-MANDATORY> 375 <PREFERRED> 0 <OTHER-SE> 107728 <TOTAL-LIABILITY-AND-EQUITY> 372892 <SALES> 85118 <TOTAL-REVENUES> 85118 <CGS> 63077 <TOTAL-COSTS> 63077 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 919 <INTEREST-EXPENSE> 6299 <INCOME-PRETAX> 15742 <INCOME-TAX> 6177 <INCOME-CONTINUING> 9565 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9565 <EPS-PRIMARY> 1.47 <EPS-DILUTED> 1.47