<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-31-1995
<PERIOD-END>                               DEC-31-1995
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      7007853
<OTHER-PROPERTY-AND-INVEST>                     218417
<TOTAL-CURRENT-ASSETS>                          883750
<TOTAL-DEFERRED-CHARGES>                       1300812
<OTHER-ASSETS>                                   67037
<TOTAL-ASSETS>                                 9477869
<COMMON>                                        144332
<CAPITAL-SURPLUS-PAID-IN>                      1784247
<RETAINED-EARNINGS>                             585373
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 2513952
<PREFERRED-MANDATORY>                            96850
<PREFERRED>                                     440000
<LONG-TERM-DEBT-NET>                           3582414
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                    65064
<PREFERRED-STOCK-CURRENT>                         9150
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 2770439
<TOT-CAPITALIZATION-AND-LIAB>                  9477869
<GROSS-OPERATING-REVENUE>                      3917338
<INCOME-TAX-EXPENSE>                            156008
<OTHER-OPERATING-EXPENSES>                     3233304
<TOTAL-OPERATING-EXPENSES>                     3389312
<OPERATING-INCOME-LOSS>                         528026
<OTHER-INCOME-NET>                               (316)
<INCOME-BEFORE-INTEREST-EXPEN>                  527710
<TOTAL-INTEREST-EXPENSE>                        279674
<NET-INCOME>                                    248036
<PREFERRED-STOCK-DIVIDENDS>                      39596
<EARNINGS-AVAILABLE-FOR-COMM>                   208440
<COMMON-STOCK-DIVIDENDS>                        161650
<TOTAL-INTEREST-ON-BONDS>                            0
<CASH-FLOW-OPERATIONS>                          691590
<EPS-PRIMARY>                                     1.44
<EPS-DILUTED>                                        0