<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, 1999 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-31-1999 <PERIOD-END> MAR-31-1999 <PERIOD-TYPE> 3-MOS <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 386,302 <OTHER-PROPERTY-AND-INVEST> 522 <TOTAL-CURRENT-ASSETS> 55,569 <TOTAL-DEFERRED-CHARGES> 116,420 <OTHER-ASSETS> 316,411 <TOTAL-ASSETS> 875,224 <COMMON> 51,099 <CAPITAL-SURPLUS-PAID-IN> 97,112 <RETAINED-EARNINGS> 39,892 <TOTAL-COMMON-STOCKHOLDERS-EQ> 188,103 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 142,601 <SHORT-TERM-NOTES> 53,045 <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> 487,922 <TOT-CAPITALIZATION-AND-LIAB> 875,224 <GROSS-OPERATING-REVENUE> 105,924 <INCOME-TAX-EXPENSE> 3,113 <OTHER-OPERATING-EXPENSES> 93,924 <TOTAL-OPERATING-EXPENSES> 97,037 <OPERATING-INCOME-LOSS> 8,887 <OTHER-INCOME-NET> 464 <INCOME-BEFORE-INTEREST-EXPEN> 9,351 <TOTAL-INTEREST-EXPENSE> 4,399 <NET-INCOME> 4,952 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 4,952 <COMMON-STOCK-DIVIDENDS> 2,044 <TOTAL-INTEREST-ON-BONDS> 3,226 <CASH-FLOW-OPERATIONS> (5,999) <EPS-PRIMARY> 0 <EPS-DILUTED> 0