<ARTICLE> UT <MULTIPLIER>1,000 <FISCAL-YEAR-END> DEC-31-1994 DEC-31-1993 DEC-31-1994 DEC-31-1993 <PERIOD-END> SEP-30-1994 SEP-30-1993 SEP-30-1994 SEP-30-1993 <PERIOD-TYPE> 9-MOS 9-MOS QTR-3 QTR-3 <BOOK-VALUE> PER-BOOK PER-BOOK PER-BOOK PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,851,661 0 0 0 <OTHER-PROPERTY-AND-INVEST> 67,286 0 0 0 <TOTAL-CURRENT-ASSETS> 365,344 0 0 0 <TOTAL-DEFERRED-CHARGES> 298,886 <F1>0 0 0 <OTHER-ASSETS> 0 0 0 0 <TOTAL-ASSETS> 2,583,177 0 0 0 <COMMON> 128,998 0 0 0 <CAPITAL-SURPLUS-PAID-IN> 374,829 0 0 0 <RETAINED-EARNINGS> 383,299 0 0 0 <TOTAL-COMMON-STOCKHOLDERS-EQ> 887,126 0 0 0 <PREFERRED-MANDATORY> 0 0 0 0 <PREFERRED> 60,516 0 0 0 <LONG-TERM-DEBT-NET> 672,541 0 0 0 <SHORT-TERM-NOTES> 92,405 <F2>0 0 0 <LONG-TERM-NOTES-PAYABLE> 0 0 0 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 0 0 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 0 0 0 <PREFERRED-STOCK-CURRENT> 0 0 0 0 <CAPITAL-LEASE-OBLIGATIONS> 0 0 0 0 <LEASES-CURRENT> 0 0 0 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 870,589 0 0 0 <TOT-CAPITALIZATION-AND-LIAB> 2,583,177 0 0 0 <GROSS-OPERATING-REVENUE> 1,175,617 1,174,108 419,555 417,912 <INCOME-TAX-EXPENSE> 83,596 78,633 33,158 34,262 <OTHER-OPERATING-EXPENSES> 947,739 951,407 331,180 327,025 <TOTAL-OPERATING-EXPENSES> 1,031,335 1,030,040 364,338 361,287 <OPERATING-INCOME-LOSS> 144,282 144,068 55,217 56,625 <OTHER-INCOME-NET> 7,630 5,544 3,807 2,194 <INCOME-BEFORE-INTEREST-EXPEN> 151,912 149,612 59,024 58,819 <TOTAL-INTEREST-EXPENSE> 26,723 35,506 9,206 11,747 <NET-INCOME> 125,189 114,106 49,818 47,072 <PREFERRED-STOCK-DIVIDENDS> 2,582 4,017 858 1,221 <EARNINGS-AVAILABLE-FOR-COMM> 122,607 110,089 48,960 45,851 <COMMON-STOCK-DIVIDENDS> 85,461 96,748 40,312 17,737 <TOTAL-INTEREST-ON-BONDS> 28,111 35,010 9,620 11,500 <CASH-FLOW-OPERATIONS> 189,629 210,554 65,216 42,476 <EPS-PRIMARY> 0 <F3> 0 <F3> 0 <F3> 0 <F3> <EPS-DILUTED> 0 <F3> 0 <F3> 0 <F3> 0 <F3> <FN> <F1> Total deferred charges includes other assets and accrued Yankee Atomic costs. <F2> Short-term notes includes commercial paper obligations and short-term debt to affiliates. <F3> Per share data is not relevant because the Company's common stock is wholly owned by New England Electric System. </FN>