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. <MULTIPLIER> 1,000 <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1995 DEC-31-1996 DEC-31-1995 <PERIOD-END> JUN-30-1996 JUN-30-1995 JUN-30-1996 JUN-30-1995 <PERIOD-TYPE> 6-MOS 6-MOS QTR-2 QTR-2 <BOOK-VALUE> PER-BOOK PER-BOOK PER-BOOK PER-BOOK <TOTAL-NET-UTILITY-PLANT> 550,289 0 0 0 <OTHER-PROPERTY-AND-INVEST> 0 0 0 0 <TOTAL-CURRENT-ASSETS> 92,875 0 0 0 <TOTAL-DEFERRED-CHARGES> 59,917 <F1> 0 0 0 <OTHER-ASSETS> 0 0 0 0 <TOTAL-ASSETS> 703,081 0 0 0 <COMMON> 56,624 0 0 0 <CAPITAL-SURPLUS-PAID-IN> 80,170 0 0 0 <RETAINED-EARNINGS> 111,183 0 0 0 <TOTAL-COMMON-STOCKHOLDERS-EQ> 247,977 0 0 0 <PREFERRED-MANDATORY> 0 0 0 0 <PREFERRED> 36,500 0 0 0 <LONG-TERM-DEBT-NET> 185,958 0 0 0 <SHORT-TERM-NOTES> 5,375 0 0 0 <LONG-TERM-NOTES-PAYABLE> 0 0 0 0 <COMMERCIAL-PAPER-OBLIGATIONS> 12,000 0 0 0 <LONG-TERM-DEBT-CURRENT-PORT> 25,000 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> 190,271 0 0 0 <TOT-CAPITALIZATION-AND-LIAB> 703,081 0 0 0 <GROSS-OPERATING-REVENUE> 243,755 241,446 116,470 116,426 <INCOME-TAX-EXPENSE> 4,133 4,116 1,131 655 <OTHER-OPERATING-EXPENSES> 219,091 217,384 107,094 108,470 <TOTAL-OPERATING-EXPENSES> 223,224 221,500 108,225 109,125 <OPERATING-INCOME-LOSS> 20,531 19,946 8,245 7,301 <OTHER-INCOME-NET> (1,234) (38) (125) 74 <INCOME-BEFORE-INTEREST-EXPEN> 19,297 19,908 8,120 7,375 <TOTAL-INTEREST-EXPENSE> 9,890 9,084 5,003 4,317 <NET-INCOME> 9,407 10,824 3,117 3,058 <PREFERRED-STOCK-DIVIDENDS> 1,072 1,072 536 536 <EARNINGS-AVAILABLE-FOR-COMM> 8,335 9,752 2,581 2,522 <COMMON-STOCK-DIVIDENDS> 5,379 3,963 3,114 3,397 <TOTAL-INTEREST-ON-BONDS> 8,596 8,070 4,304 4,088 <CASH-FLOW-OPERATIONS> 37,519 28,133 19,198 10,673 <EPS-PRIMARY> 0 <F2> 0 <F2> 0 <F2> 0 <F2> <EPS-DILUTED> 0 <F2> 0 <F2> 0 <F2> 0 <F2> <FN> <F1> Total deferred charges includes other assets. <F2> Per share data is not relevant because the Company's common stock is wholly owned by New England Electric System. </FN>