<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the balance sheet, statement of income and statement of cash flows contained in Form 10-Q of Commonwealth Energy System for the three months ended March 31, 1996 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-31-1996 <PERIOD-END> MAR-31-1996 <PERIOD-TYPE> 3-MOS <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,023,604 <OTHER-PROPERTY-AND-INVEST> 13,581 <TOTAL-CURRENT-ASSETS> 169,929 <TOTAL-DEFERRED-CHARGES> 145,163 <OTHER-ASSETS> 14,758 <TOTAL-ASSETS> 1,367,035 <COMMON> 43,059 <CAPITAL-SURPLUS-PAID-IN> 111,778 <RETAINED-EARNINGS> 255,331 <TOTAL-COMMON-STOCKHOLDERS-EQ> 410,168 <PREFERRED-MANDATORY> 13,780 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 376,137 <SHORT-TERM-NOTES> 21,875 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 41,323 <PREFERRED-STOCK-CURRENT> 820 <CAPITAL-LEASE-OBLIGATIONS> 13,088 <LEASES-CURRENT> 1,670 <OTHER-ITEMS-CAPITAL-AND-LIAB> 488,174 <TOT-CAPITALIZATION-AND-LIAB> 1,367,035 <GROSS-OPERATING-REVENUE> 298,614 <INCOME-TAX-EXPENSE> 17,397 <OTHER-OPERATING-EXPENSES> 245,086 <TOTAL-OPERATING-EXPENSES> 262,483 <OPERATING-INCOME-LOSS> 36,131 <OTHER-INCOME-NET> 2,491 <INCOME-BEFORE-INTEREST-EXPEN> 38,622 <TOTAL-INTEREST-EXPENSE> 10,715 <NET-INCOME> 27,907 <PREFERRED-STOCK-DIVIDENDS> 267 <EARNINGS-AVAILABLE-FOR-COMM> 27,640 <COMMON-STOCK-DIVIDENDS> 8,289 <TOTAL-INTEREST-ON-BONDS> 9,372 <CASH-FLOW-OPERATIONS> 53,580 <EPS-PRIMARY> 1.28 <EPS-DILUTED> 0