<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 MASSACHUSETTS ELECTRIC COMPANY, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. <CIK> 0000063073 <NAME> Massachusetts Electric Company <MULTIPLIER> 1,000 <FISCAL-YEAR-END> DEC-31-1995 DEC-31-1994 <PERIOD-END> DEC-31-1995 DEC-31-1994 <PERIOD-TYPE> 12-MOS 12-MOS <BOOK-VALUE> PER-BOOK PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,041,476 995,995 <OTHER-PROPERTY-AND-INVEST> 0 0 <TOTAL-CURRENT-ASSETS> 236,534 240,191 <TOTAL-DEFERRED-CHARGES> 65,090 <F1> 59,536 <F1> <OTHER-ASSETS> 0 0 <TOTAL-ASSETS> 1,343,100 1,295,722 <COMMON> 59,953 59,953 <CAPITAL-SURPLUS-PAID-IN> 201,172 187,172 <RETAINED-EARNINGS> 150,308 136,911 <TOTAL-COMMON-STOCKHOLDERS-EQ> 411,433 384,036 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 50,000 50,000 <LONG-TERM-DEBT-NET> 353,267 265,631 <SHORT-TERM-NOTES> 1,000 8,650 <LONG-TERM-NOTES-PAYABLE> 0 0 <COMMERCIAL-PAPER-OBLIGATIONS> 54,450 73,170 <LONG-TERM-DEBT-CURRENT-PORT> 0 35,000 <PREFERRED-STOCK-CURRENT> 0 0 <CAPITAL-LEASE-OBLIGATIONS> 0 0 <LEASES-CURRENT> 0 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 472,950 479,235 <TOT-CAPITALIZATION-AND-LIAB> 1,343,100 1,295,722 <GROSS-OPERATING-REVENUE> 1,505,676 1,482,070 <INCOME-TAX-EXPENSE> 19,297 22,265 <OTHER-OPERATING-EXPENSES> 1,424,709 1,397,137 <TOTAL-OPERATING-EXPENSES> 1,444,006 1,419,402 <OPERATING-INCOME-LOSS> 61,670 62,668 <OTHER-INCOME-NET> (541) (995) <INCOME-BEFORE-INTEREST-EXPEN> 61,129 61,673 <TOTAL-INTEREST-EXPENSE> 32,028 26,947 <NET-INCOME> 29,101 34,726 <PREFERRED-STOCK-DIVIDENDS> 3,114 3,114 <EARNINGS-AVAILABLE-FOR-COMM> 25,987 31,612 <COMMON-STOCK-DIVIDENDS> 12,590 29,977 <TOTAL-INTEREST-ON-BONDS> 25,901 20,967 <CASH-FLOW-OPERATIONS> 79,386 44,252 <EPS-PRIMARY> 0 <F2> 0 <F2> <EPS-DILUTED> 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>