<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Consolidated Balance Sheet at 3/31/99, the Consolidated Income Statement and the Consolidated Statement of Cash Flows for the three months ended 3/31/99 and is qualified in it entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,503,076 <OTHER-PROPERTY-AND-INVEST> 724,546 <TOTAL-CURRENT-ASSETS> 519,223 <TOTAL-DEFERRED-CHARGES> 369,214 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 3,116,059 <COMMON> 702,879 <CAPITAL-SURPLUS-PAID-IN> 2,133 <RETAINED-EARNINGS> 396,381 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,101,393 <PREFERRED-MANDATORY> 65,000 <PREFERRED> 57,654 <LONG-TERM-DEBT-NET> 727,301 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 40,954 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 428 <LEASES-CURRENT> 390 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,122,939 <TOT-CAPITALIZATION-AND-LIAB> 3,116,059 <GROSS-OPERATING-REVENUE> 321,768 <INCOME-TAX-EXPENSE> 16,956 <OTHER-OPERATING-EXPENSES> 259,855 <TOTAL-OPERATING-EXPENSES> 276,811 <OPERATING-INCOME-LOSS> 44,957 <OTHER-INCOME-NET> 3,869 <INCOME-BEFORE-INTEREST-EXPEN> 48,826 <TOTAL-INTEREST-EXPENSE> 15,002 <NET-INCOME> 33,824 <PREFERRED-STOCK-DIVIDENDS> 923 <EARNINGS-AVAILABLE-FOR-COMM> 32,901 <COMMON-STOCK-DIVIDENDS> 22,032 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 345,798 <EPS-PRIMARY> 0.60 <EPS-DILUTED> 0.59