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

  


NEP
<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>            1,876,211     1,771,156
<OTHER-PROPERTY-AND-INVEST>             69,329        66,269
<TOTAL-CURRENT-ASSETS>                 374,654       343,274
<TOTAL-DEFERRED-CHARGES>                        292,644 <F1>    260,588 <F1>
<OTHER-ASSETS>                               0             0
<TOTAL-ASSETS>                       2,612,838     2,441,287
<COMMON>                               128,998       128,998
<CAPITAL-SURPLUS-PAID-IN>              374,829       374,829
<RETAINED-EARNINGS>                    372,763       346,153
<TOTAL-COMMON-STOCKHOLDERS-EQ>         876,590       849,980
<PREFERRED-MANDATORY>                        0             0
<PREFERRED>                             60,516        61,028
<LONG-TERM-DEBT-NET>                   695,466       667,448
<SHORT-TERM-NOTES>                              145,575<F2>      50,525 <F2>
<LONG-TERM-NOTES-PAYABLE>                    0             0
<COMMERCIAL-PAPER-OBLIGATIONS>               0             0
<LONG-TERM-DEBT-CURRENT-PORT>                0             0
<PREFERRED-STOCK-CURRENT>                    0             0
<CAPITAL-LEASE-OBLIGATIONS>                  0             0
LEASES-CURRENT>                              0             0
<OTHER-ITEMS-CAPITAL-AND-LIAB>         834,691       812,306
<TOT-CAPITALIZATION-AND-LIAB>        2,612,838     2,441,287
<GROSS-OPERATING-REVENUE>            1,540,757     1,549,014
<INCOME-TAX-EXPENSE>                    96,596        93,997
<OTHER-OPERATING-EXPENSES>           1,273,640     1,272,543
<TOTAL-OPERATING-EXPENSES>           1,370,236     1,366,540
<OPERATING-INCOME-LOSS>                170,521       182,474
<OTHER-INCOME-NET>                      13,665         8,332
<INCOME-BEFORE-INTEREST-EXPEN>         184,186       190,806
<TOTAL-INTEREST-EXPENSE>                34,813        49,338
<NET-INCOME>                           149,373       141,468
<PREFERRED-STOCK-DIVIDENDS>              3,440         4,883
<EARNINGS-AVAILABLE-FOR-COMM>          145,933       135,715
<COMMON-STOCK-DIVIDENDS>               119,323       111,261
<TOTAL-INTEREST-ON-BONDS>               38,711        45,837
<CASH-FLOW-OPERATIONS>                 246,572       281,718
<EPS-PRIMARY>
<EPS-DILUTED>
<FN>
<F1> Total deferred charges includes other assets and accrued Yankee Atomic costs.
<F2> Short-term notes includes commercial paper obligations and short-term debt to affiliates.
</FN>