<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE DECEMBER 31, 1996, AQUARION COMPANY FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 470 <SECURITIES> 0 <RECEIVABLES> 10796 <ALLOWANCES> 1253 <INVENTORY> 2883 <CURRENT-ASSETS> 49622 <PP&E> 454716 <DEPRECIATION> 131328 <TOTAL-ASSETS> 449092 <CURRENT-LIABILITIES> 47763 <BONDS> 148487 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7080 <OTHER-SE> 115871 <TOTAL-LIABILITY-AND-EQUITY> 449092 <SALES> 94804 <TOTAL-REVENUES> 94804 <CGS> 0 <TOTAL-COSTS> 63492 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 9311 <INCOME-PRETAX> 23124 <INCOME-TAX> 9284 <INCOME-CONTINUING> 13840 <DISCONTINUED> (4835) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9005 <EPS-PRIMARY> 1.30 <EPS-DILUTED> 1.30