<ARTICLE> UT EXHIBIT 27 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S FINANCIAL STATEMENTS INCLUDED IN ITS FORM 10-K FOR THE FISCAL YEAR ENDED DECEMBER 31, 1994 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,987,325 <OTHER-PROPERTY-AND-INVEST> 103,920 <TOTAL-CURRENT-ASSETS> 325,253 <TOTAL-DEFERRED-CHARGES> 806,407 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 5,222,905 <COMMON> 476,686 <CAPITAL-SURPLUS-PAID-IN> 841,624 <RETAINED-EARNINGS> 346,547 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,664,857 <PREFERRED-MANDATORY> 125,000 <PREFERRED> 140,500 <LONG-TERM-DEBT-NET> 1,651,081 <SHORT-TERM-NOTES> 151,900 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 36,231 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,453,336 <TOT-CAPITALIZATION-AND-LIAB> 5,222,905 <GROSS-OPERATING-REVENUE> 1,898,855 <INCOME-TAX-EXPENSE> 115,891 <OTHER-OPERATING-EXPENSES> 1,460,280 <TOTAL-OPERATING-EXPENSES> 1,576,171 <OPERATING-INCOME-LOSS> 322,684 <OTHER-INCOME-NET> 1,053 <INCOME-BEFORE-INTEREST-EXPEN> 323,737 <TOTAL-INTEREST-EXPENSE> 136,092 <NET-INCOME> 187,645 <PREFERRED-STOCK-DIVIDENDS> 18,947 <EARNINGS-AVAILABLE-FOR-COMM> 168,698 <COMMON-STOCK-DIVIDENDS> 142,265 <TOTAL-INTEREST-ON-BONDS> 126,083 <CASH-FLOW-OPERATIONS> 450,378 <EPS-PRIMARY> 2.37 <EPS-DILUTED> 2.37