<ARTICLE> UT <LEGEND> This schedule contains restated summary financial information extracted from the balance sheet, statement of income and statement of cash flows contained in Form 10-K of Commonwealth Energy System for the fiscal year ended December 31, 1994 and is qualified in its entirety by reference to such financial statements. </LEGEND> <RESTATED> <CIK> 0000071304 <NAME> COMMONWEALTH ENERGY SYSTEM <MULTIPLIER> 1,000 <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <PERIOD-TYPE> YEAR <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,014,857 <OTHER-PROPERTY-AND-INVEST> 13,648 <TOTAL-CURRENT-ASSETS> 181,606 <TOTAL-DEFERRED-CHARGES> 134,921 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,345,032 <COMMON> 42,103 <CAPITAL-SURPLUS-PAID-IN> 103,168 <RETAINED-EARNINGS> 217,726 <TOTAL-COMMON-STOCKHOLDERS-EQ> 362,997 <PREFERRED-MANDATORY> 14,660 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 418,307 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 44,850 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 30,973 <PREFERRED-STOCK-CURRENT> 820 <CAPITAL-LEASE-OBLIGATIONS> 14,098 <LEASES-CURRENT> 1,631 <OTHER-ITEMS-CAPITAL-AND-LIAB> 456,696 <TOT-CAPITALIZATION-AND-LIAB> 1,345,032 <GROSS-OPERATING-REVENUE> 977,585 <INCOME-TAX-EXPENSE> 29,154 <OTHER-OPERATING-EXPENSES> 856,616 <TOTAL-OPERATING-EXPENSES> 885,770 <OPERATING-INCOME-LOSS> 91,815 <OTHER-INCOME-NET> 627 <INCOME-BEFORE-INTEREST-EXPEN> 92,442 <TOTAL-INTEREST-EXPENSE> 43,474 <NET-INCOME> 48,968 <PREFERRED-STOCK-DIVIDENDS> 1,170 <EARNINGS-AVAILABLE-FOR-COMM> 47,798 <COMMON-STOCK-DIVIDENDS> 31,305 <TOTAL-INTEREST-ON-BONDS> 39,442 <CASH-FLOW-OPERATIONS> 126,563 <EPS-PRIMARY> 2.29 <EPS-DILUTED> 0