WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  


NEES
<ARTICLE>   UT
<MULTIPLIER>1,000
       
                                                   
<FISCAL-YEAR-END>                  DEC-31-1994   DEC-31-1993
<PERIOD-END>                       DEC-31-1994   DEC-31-1993
<PERIOD-TYPE>                           12-MOS        12-MOS
<BOOK-VALUE>                          PER-BOOK      PER-BOOK
<TOTAL-NET-UTILITY-PLANT>            3,716,721     3,482,501
<OTHER-PROPERTY-AND-INVEST>            423,713       455,127
<TOTAL-CURRENT-ASSETS>                 525,723       464,614
<TOTAL-DEFERRED-CHARGES>                        418,684 <F1>    393,636 <F1>
<OTHER-ASSETS>                               0             0
<TOTAL-ASSETS>                       5,084,841     4,795,878
<COMMON>                                64,970        64,970
<CAPITAL-SURPLUS-PAID-IN>              736,823       736,823
<RETAINED-EARNINGS>                    779,045       728,075
<TOTAL-COMMON-STOCKHOLDERS-EQ>       1,580,838     1,529,868
<PREFERRED-MANDATORY>                        0             0
<PREFERRED>                                     147,016 <F2>    147,528 <F2>
<LONG-TERM-DEBT-NET>                 1,520,488     1,511,589
<SHORT-TERM-NOTES>                              233,970 <F3>71,775
<LONG-TERM-NOTES-PAYABLE>                    0             0
<COMMERCIAL-PAPER-OBLIGATIONS>               0             0
<LONG-TERM-DEBT-CURRENT-PORT>           65,920        12,920
<PREFERRED-STOCK-CURRENT>                    0             0
<CAPITAL-LEASE-OBLIGATIONS>                  0             0
<LEASES-CURRENT>                             0             0
<OTHER-ITEMS-CAPITAL-AND-LIAB>       1,536,609     1,522,198
<TOT-CAPITALIZATION-AND-LIAB>        5,084,841     4,795,878
<GROSS-OPERATING-REVENUE>            2,243,029     2,233,978
<INCOME-TAX-EXPENSE>                   128,257       121,124
<OTHER-OPERATING-EXPENSES>           1,818,276     1,809,911
<TOTAL-OPERATING-EXPENSES>           1,946,533     1,931,035
<OPERATING-INCOME-LOSS>                296,496       302,943
<OTHER-INCOME-NET>                      16,071        13,657
<INCOME-BEFORE-INTEREST-EXPEN>         312,567       316,600
<TOTAL-INTEREST-EXPENSE>                97,005       107,770
<NET-INCOME>                           199,426       190,223
<PREFERRED-STOCK-DIVIDENDS>                       8,697 <F2>     10,585 <F2>
<EARNINGS-AVAILABLE-FOR-COMM>          199,426       188,176
<COMMON-STOCK-DIVIDENDS>               148,456       144,233
<TOTAL-INTEREST-ON-BONDS>               93,500       100,777
<CASH-FLOW-OPERATIONS>                 417,966       498,651
<EPS-PRIMARY>                            $3.07         $2.93
<EPS-DILUTED>                            $3.07         $2.93
<FN>
<F1> Total deferred charges includes other assets and accrued Yankee Atomic costs.
<F2> Preferred stock reflects preferred stock of subsidiaries.  Preferred stock dividends reflect preferred stock dividends of
subsidiaries.
<F3> Short-term notes includes commercial paper obligations.
</FN>