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 <PERIOD-TYPE> 6-MOS 6-MOS QTR-2 QTR-2 <FISCAL-YEAR-END> DEC-31-1995 DEC-31-1994 DEC-31-1995 DEC-31-1994 <PERIOD-END> JUN-30-1995 JUN-30-1994 JUN-30-1995 JUN-30-1994 <BOOK-VALUE> PER-BOOK PER-BOOK PER-BOOK PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,926,396 0 0 0 <OTHER-PROPERTY-AND-INVEST> 69,863 0 0 0 <TOTAL-CURRENT-ASSETS> 370,242 0 0 0 <TOTAL-DEFERRED-CHARGES> 304,519 <F1> 0 0 0 <OTHER-ASSETS> 0 0 0 0 <TOTAL-ASSETS> 2,671,020 0 0 0 <CAPITAL-SURPLUS-PAID-IN> 374,829 0 0 0 <RETAINED-EARNINGS> 368,443 0 0 0 <TOTAL-COMMON-STOCKHOLDERS-EQ> 872,270 0 0 0 <COMMON> 128,998 0 0 0 <PREFERRED-MANDATORY> 0 0 0 0 <PREFERRED> 60,516 0 0 0 <LONG-TERM-DEBT-NET> 735,325 0 0 0 <SHORT-TERM-NOTES> 165,880 <F2> 0 0 0 <LONG-TERM-NOTES-PAYABLE> 0 0 0 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 0 0 0 <LONG-TERM-DEBT-CURRENT-PORT> 10,000 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> 827,029 0 0 0 <TOT-CAPITALIZATION-AND-LIAB> 2,671,020 0 0 0 <GROSS-OPERATING-REVENUE> 769,295 756,062 378,177 356,488 <INCOME-TAX-EXPENSE> 35,397 50,438 16,125 17,256 <OTHER-OPERATING-EXPENSES> 660,355 616,559 328,598 307,040 <TOTAL-OPERATING-EXPENSES> 695,752 666,997 344,723 324,296 <OPERATING-INCOME-LOSS> 73,543 89,065 33,454 32,192 <OTHER-INCOME-NET> 6,745 3,823 5,306 3,131 <INCOME-BEFORE-INTEREST-EXPEN> 80,288 92,888 38,760 35,323 <TOTAL-INTEREST-EXPENSE> 21,617 17,517 11,071 9,141 <NET-INCOME> 58,671 75,371 27,689 26,182 <PREFERRED-STOCK-DIVIDENDS> 1,717 1,724 859 858 <EARNINGS-AVAILABLE-FOR-COMM> 56,954 73,647 26,830 25,324 <COMMON-STOCK-DIVIDENDS> 61,274 45,149 30,637 20,962 <TOTAL-INTEREST-ON-BONDS> 23,002 18,491 11,764 9,339 <CASH-FLOW-OPERATIONS> 58,016 124,413 (12,931) 16,463 <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 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>