<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from balance sheets, income statements and cash flow statements and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,716,927 <OTHER-PROPERTY-AND-INVEST> 50,681 <TOTAL-CURRENT-ASSETS> 217,121 <TOTAL-DEFERRED-CHARGES> 420,703 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,405,432 <COMMON> 94,031 <CAPITAL-SURPLUS-PAID-IN> 358,488 <RETAINED-EARNINGS> 259,299 <TOTAL-COMMON-STOCKHOLDERS-EQ> 711,818 <PREFERRED-MANDATORY> 0 <PREFERRED> 106,697 <LONG-TERM-DEBT-NET> 686,107 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 17,577 <COMMERCIAL-PAPER-OBLIGATIONS> 57,516 <LONG-TERM-DEBT-CURRENT-PORT> 30,072 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 795,645 <TOT-CAPITALIZATION-AND-LIAB> 2,405,432 <GROSS-OPERATING-REVENUE> 748,503 <INCOME-TAX-EXPENSE> 46,472 <OTHER-OPERATING-EXPENSES> 563,754 <TOTAL-OPERATING-EXPENSES> 610,226 <OPERATING-INCOME-LOSS> 138,277 <OTHER-INCOME-NET> 14,255 <INCOME-BEFORE-INTEREST-EXPEN> 152,532 <TOTAL-INTEREST-EXPENSE> 60,258 <NET-INCOME> 92,274 <PREFERRED-STOCK-DIVIDENDS> 5,176 <EARNINGS-AVAILABLE-FOR-COMM> 87,098 <COMMON-STOCK-DIVIDENDS> 69,887 <TOTAL-INTEREST-ON-BONDS> 53,215 <CASH-FLOW-OPERATIONS> 173,397 <EPS-PRIMARY> 2.32 <EPS-DILUTED> 2.32