<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from LP&L's financial statements for the quarter ended March 31, 1995 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000060527 <NAME> LOUISIANA POWER & LIGHT COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,526,697 <OTHER-PROPERTY-AND-INVEST> 65,337 <TOTAL-CURRENT-ASSETS> 298,556 <TOTAL-DEFERRED-CHARGES> 486,084 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 4,376,674 <COMMON> 1,088,900 <CAPITAL-SURPLUS-PAID-IN> (5,029) <RETAINED-EARNINGS> 88,190 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,172,061 <PREFERRED-MANDATORY> 103,765 <PREFERRED> 160,500 <LONG-TERM-DEBT-NET> 1,368,194 <SHORT-TERM-NOTES> 19,200 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 110,320 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 8,316 <LEASES-CURRENT> 28,000 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,406,318 <TOT-CAPITALIZATION-AND-LIAB> 4,376,674 <GROSS-OPERATING-REVENUE> 352,996 <INCOME-TAX-EXPENSE> 18,696 <OTHER-OPERATING-EXPENSES> 264,983 <TOTAL-OPERATING-EXPENSES> 283,679 <OPERATING-INCOME-LOSS> 69,317 <OTHER-INCOME-NET> 911 <INCOME-BEFORE-INTEREST-EXPEN> 70,228 <TOTAL-INTEREST-EXPENSE> 34,166 <NET-INCOME> 36,062 <PREFERRED-STOCK-DIVIDENDS> 5,591 <EARNINGS-AVAILABLE-FOR-COMM> 30,471 <COMMON-STOCK-DIVIDENDS> 55,700 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 103,724 <EPS-PRIMARY> 0 <EPS-DILUTED> 0