<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 Electric Company for the three months ended March 31, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000071222 <NAME> COMMONWEALTH ELECTRIC COMPANY <MULTIPLIER> 1,000 <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <PERIOD-TYPE> 3-MOS <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 374,069 <OTHER-PROPERTY-AND-INVEST> 611 <TOTAL-CURRENT-ASSETS> 59,422 <TOTAL-DEFERRED-CHARGES> 74,902 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 509,004 <COMMON> 51,099 <CAPITAL-SURPLUS-PAID-IN> 97,112 <RETAINED-EARNINGS> 32,132 <TOTAL-COMMON-STOCKHOLDERS-EQ> 180,343 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 149,684 <SHORT-TERM-NOTES> 21,695 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 3,553 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 153,729 <TOT-CAPITALIZATION-AND-LIAB> 509,004 <GROSS-OPERATING-REVENUE> 117,361 <INCOME-TAX-EXPENSE> 2,950 <OTHER-OPERATING-EXPENSES> 105,819 <TOTAL-OPERATING-EXPENSES> 108,769 <OPERATING-INCOME-LOSS> 8,592 <OTHER-INCOME-NET> 10 <INCOME-BEFORE-INTEREST-EXPEN> 8,602 <TOTAL-INTEREST-EXPENSE> 3,804 <NET-INCOME> 4,798 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 4,798 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 3,389 <CASH-FLOW-OPERATIONS> 3,314 <EPS-PRIMARY> 0 <EPS-DILUTED> 0