WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  


<ARTICLE>     UT
<LEGEND>      THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
              FROM THE BALANCE SHEET AND RELATED STATEMENTS OF INCOME,
              RETAINED EARNINGS AND CASH FLOWS OF NEW ENGLAND POWER COMPANY,
              AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
              STATEMENTS.
</LEGEND>
<MULTIPLIER>  1,000
       
                                                              
<FISCAL-YEAR-END>                           DEC-30-1995     DEC-31-1994
<PERIOD-END>                                MAR-31-1995     MAR-31-1994
<PERIOD-TYPE>                                     3-MOS           3-MOS
<BOOK-VALUE>                                   PER-BOOK        PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                     1,892,205               0
<OTHER-PROPERTY-AND-INVEST>                      69,438               0
<TOTAL-CURRENT-ASSETS>                          355,781               0
<TOTAL-DEFERRED-CHARGES>                        294,470 <F1>          0
<OTHER-ASSETS>                                        0               0
<TOTAL-ASSETS>                                2,611,894               0
<COMMON>                                        128,998               0
<CAPITAL-SURPLUS-PAID-IN>                       374,829               0
<RETAINED-EARNINGS>                             372,250               0
<TOTAL-COMMON-STOCKHOLDERS-EQ>                  876,077               0
<PREFERRED-MANDATORY>                                 0               0
<PREFERRED>                                      60,516               0
<LONG-TERM-DEBT-NET>                            710,389               0
<SHORT-TERM-NOTES>                               91,875 <F2>          0
<LONG-TERM-NOTES-PAYABLE>                             0               0
<COMMERCIAL-PAPER-OBLIGATIONS>                        0               0
<LONG-TERM-DEBT-CURRENT-PORT>                    10,000               0
<PREFERRED-STOCK-CURRENT>                             0               0
<CAPITAL-LEASE-OBLIGATIONS>                           0               0
<LEASES-CURRENT>                                      0               0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                  863,037               0
<TOT-CAPITALIZATION-AND-LIAB>                 2,611,894               0
<GROSS-OPERATING-REVENUE>                       391,118         399,574
<INCOME-TAX-EXPENSE>                             19,272          33,182
<OTHER-OPERATING-EXPENSES>                      331,757         309,519
<TOTAL-OPERATING-EXPENSES>                      351,029         342,701
<OPERATING-INCOME-LOSS>                          40,089          56,873
<OTHER-INCOME-NET>                                1,439             692
<INCOME-BEFORE-INTEREST-EXPEN>                   41,528          57,565
<TOTAL-INTEREST-EXPENSE>                         10,546           8,376
<NET-INCOME>                                     30,982          49,189
<PREFERRED-STOCK-DIVIDENDS>                         858             866
EARNINGS-AVAILABLE-FOR-COMM>                     30,124          48,323
<COMMON-STOCK-DIVIDENDS>                         30,637          24,187
<TOTAL-INTEREST-ON-BONDS>                        11,238           9,152
<CASH-FLOW-OPERATIONS>                           70,947         107,950
<EPS-PRIMARY>                                         0 <F3>           0 <F3>
<EPS-DILUTED>                                         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 notes payable
     to associated companies.
<F3> Per share data is not relevant because the Company's common stock is
     wholly owned by New England Electric System.
</FN>