WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEET AND RELATED STATEMENTS OF INCOME, RETAINED EARNINGS AND CASH FLOWS OF THE NARRAGANSETT ELECTRIC COMPANY, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS 6-MOS QTR-2 QTR-2 <FISCAL-YEAR-END> DEC-31-1995 DEC-31-1994 DEC-31-1995 DEC-31-1994 <PERIOD-END> JUN-30-1995 JUN-30-1994 JUN-30-1995 JUN-30-1994 <BOOK-VALUE> PER-BOOK PER-BOOK PER-BOOK PER-BOOK <TOTAL-NET-UTILITY-PLANT> 516,845 0 0 0 <OTHER-PROPERTY-AND-INVEST> 0 0 0 0 <TOTAL-CURRENT-ASSETS> 98,791 0 0 0 <TOTAL-DEFERRED-CHARGES> 57,204 <F1> 0 0 0 <OTHER-ASSETS> 0 0 0 0 <TOTAL-ASSETS> 672,840 0 0 0 <CAPITAL-SURPLUS-PAID-IN> 60,170 0 0 0 <RETAINED-EARNINGS> 97,345 0 0 0 <TOTAL-COMMON-STOCKHOLDERS-EQ> 214,139 0 0 0 <COMMON> 56,624 0 0 0 <PREFERRED-MANDATORY> 0 0 0 0 <PREFERRED> 36,500 0 0 0 <LONG-TERM-DEBT-NET> 203,827 0 0 0 <SHORT-TERM-NOTES> 27,850 <F2> 0 0 0 <LONG-TERM-NOTES-PAYABLE> 0 0 0 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 0 0 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 0 0 0 <PREFERRED-STOCK-CURRENT> 0 0 0 0 <CAPITAL-LEASE-OBLIGATIONS> 0 0 0 0 <LEASES-CURRENT> 0 0 0 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 190,524 0 0 0 <TOT-CAPITALIZATION-AND-LIAB> 672,840 0 0 0 <GROSS-OPERATING-REVENUE> 241,446 229,261 116,426 103,800 <INCOME-TAX-EXPENSE> 4,116 1,239 655 (1,652) <OTHER-OPERATING-EXPENSES> 217,384 214,901 108,470 102,738 <TOTAL-OPERATING-EXPENSES> 221,500 216,140 109,125 101,086 <OPERATING-INCOME-LOSS> 19,946 13,121 7,301 2,714 <OTHER-INCOME-NET> (38) (434) 74 75 <INCOME-BEFORE-INTEREST-EXPEN> 19,908 12,687 7,375 2,789 <TOTAL-INTEREST-EXPENSE> 9,084 7,386 4,317 3,802 <NET-INCOME> 10,824 5,301 3,058 (1,013) <PREFERRED-STOCK-DIVIDENDS> 1,072 1,072 536 536 <EARNINGS-AVAILABLE-FOR-COMM> 9,752 4,229 2,522 (1,549) <COMMON-STOCK-DIVIDENDS> 3,963 1,133 3,397 567 <TOTAL-INTEREST-ON-BONDS> 8,070 6,814 4,088 3,489 <CASH-FLOW-OPERATIONS> 28,133 29,146 10,673 21,343 <EPS-PRIMARY> 0 <F3> 0 <F3> 0 <F3> 0 <F3> <EPS-DILUTED> 0 <F3> 0 <F3> 0 <F3> 0 <F3> <FN> <F1> Total deferred charges includes other assets. <F2> Short-term notes includes commercial paper obligations and notes payable to associated companies. <F3> Per share data is not relevant because the Company's common stock is wholly owned by New England Electric System. </FN>