<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>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1995
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      7020004
<OTHER-PROPERTY-AND-INVEST>                     136975
<TOTAL-CURRENT-ASSETS>                          997305
<TOTAL-DEFERRED-CHARGES>                       1397173
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                                 9551457
<COMMON>                                        144330
<CAPITAL-SURPLUS-PAID-IN>                      1780299
<RETAINED-EARNINGS>                             606691
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 2531320
<PREFERRED-MANDATORY>                           256000
<PREFERRED>                                     290000
<LONG-TERM-DEBT-NET>                           3190174
<SHORT-TERM-NOTES>                              379000
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                    77337
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 2827626
<TOT-CAPITALIZATION-AND-LIAB>                  9551457
<GROSS-OPERATING-REVENUE>                      1124813
<INCOME-TAX-EXPENSE>                             78372
<OTHER-OPERATING-EXPENSES>                      868036
<TOTAL-OPERATING-EXPENSES>                      946408
<OPERATING-INCOME-LOSS>                         178405
<OTHER-INCOME-NET>                                7270
<INCOME-BEFORE-INTEREST-EXPEN>                  185675
<TOTAL-INTEREST-EXPENSE>                         66939
<NET-INCOME>                                    118736
<PREFERRED-STOCK-DIVIDENDS>                      10215
<EARNINGS-AVAILABLE-FOR-COMM>                   108521
<COMMON-STOCK-DIVIDENDS>                         40413
<TOTAL-INTEREST-ON-BONDS>                            0
<CASH-FLOW-OPERATIONS>                          183297
<EPS-PRIMARY>                                     0.75
<EPS-DILUTED>                                        0