<ARTICLE> OPUR1
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET, CONSOLIDATED STATEMENT OF INCOME AND
CONSOLIDATED STATEMENT OF CASH FLOWS AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      7035643
<OTHER-PROPERTY-AND-INVEST>                     224039
<TOTAL-CURRENT-ASSETS>                          976315
<TOTAL-DEFERRED-CHARGES>                       1413442
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                                 9649439
<COMMON>                                        144311
<CAPITAL-SURPLUS-PAID-IN>                      1779504
<RETAINED-EARNINGS>                             538583
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 2462398
<PREFERRED-MANDATORY>                           256000
<PREFERRED>                                     290000
<LONG-TERM-DEBT-NET>                           3297874
<SHORT-TERM-NOTES>                              416750
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                    77971
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 2848448
<TOT-CAPITALIZATION-AND-LIAB>                  9649439
<GROSS-OPERATING-REVENUE>                      4152178
<INCOME-TAX-EXPENSE>                            117834
<OTHER-OPERATING-EXPENSES>                     3601971
<TOTAL-OPERATING-EXPENSES>                     3719805
<OPERATING-INCOME-LOSS>                         432373
<OTHER-INCOME-NET>                               23569
<INCOME-BEFORE-INTEREST-EXPEN>                  455942
<TOTAL-INTEREST-EXPENSE>                        278958
<NET-INCOME>                                    176984
<PREFERRED-STOCK-DIVIDENDS>                      33673
<EARNINGS-AVAILABLE-FOR-COMM>                   143311
<COMMON-STOCK-DIVIDENDS>                        156060
<TOTAL-INTEREST-ON-BONDS>                            0
<CASH-FLOW-OPERATIONS>                          597221
<EPS-PRIMARY>                                     1.00
<EPS-DILUTED>                                        0