<ARTICLE> UT <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> Dec-31-1997 <PERIOD-END> Mar-31-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,339,362 <OTHER-PROPERTY-AND-INVEST> 306,419 <TOTAL-CURRENT-ASSETS> 137,887 <TOTAL-DEFERRED-CHARGES> 189,918 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,973,586 <COMMON> 449,697 <CAPITAL-SURPLUS-PAID-IN> (1,666) <RETAINED-EARNINGS> 414,774 <TOTAL-COMMON-STOCKHOLDERS-EQ> 864,486 <PREFERRED-MANDATORY> 62 <PREFERRED> 89,000 <LONG-TERM-DEBT-NET> 925,136 <SHORT-TERM-NOTES> 1,361 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 8,000 <LONG-TERM-DEBT-CURRENT-PORT> 71,091 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,014,450 <TOT-CAPITALIZATION-AND-LIAB> 2,973,586 <GROSS-OPERATING-REVENUE> 194,744 <INCOME-TAX-EXPENSE> 8,530 <OTHER-OPERATING-EXPENSES> 158,125 <TOTAL-OPERATING-EXPENSES> 166,655 <OPERATING-INCOME-LOSS> 28,089 <OTHER-INCOME-NET> (27,775) <INCOME-BEFORE-INTEREST-EXPEN> 314 <TOTAL-INTEREST-EXPENSE> 15,446 <NET-INCOME> (15,132) <PREFERRED-STOCK-DIVIDENDS> 955 <EARNINGS-AVAILABLE-FOR-COMM> (16,087) <COMMON-STOCK-DIVIDENDS> 25,068 <TOTAL-INTEREST-ON-BONDS> 14,516 <CASH-FLOW-OPERATIONS> 10,084 <EPS-PRIMARY> (0.26) <EPS-DILUTED> (0.26)