<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE SEPTEMBER 30, 1997 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-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 656 <SECURITIES> 0 <RECEIVABLES> 11516 <ALLOWANCES> 1706 <INVENTORY> 3992 <CURRENT-ASSETS> 39433 <PP&E> 477910 <DEPRECIATION> 140412 <TOTAL-ASSETS> 458622 <CURRENT-LIABILITIES> 39058 <BONDS> 156380 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7189 <OTHER-SE> 122914 <TOTAL-LIABILITY-AND-EQUITY> 458622 <SALES> 79137 <TOTAL-REVENUES> 79137 <CGS> 0 <TOTAL-COSTS> 50126 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 482 <INTEREST-EXPENSE> 8837 <INCOME-PRETAX> 20862 <INCOME-TAX> 9206 <INCOME-CONTINUING> 11656 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 11656 <EPS-PRIMARY> 1.64 <EPS-DILUTED> 1.64