<ARTICLE> UT <CIK> 0000072741 <NAME> NORTHEAST UTILITIES AND SUBSIDIARIES <MULTIPLIER>1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 6,463,158 <OTHER-PROPERTY-AND-INVEST> 704,701 <TOTAL-CURRENT-ASSETS> 970,673 <TOTAL-DEFERRED-CHARGES> 2,275,880 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 10,414,412 <COMMON> 684,211 <CAPITAL-SURPLUS-PAID-IN> 932,493 <RETAINED-EARNINGS> 707,522 <TOTAL-COMMON-STOCKHOLDERS-EQ> 2,170,085 <PREFERRED-MANDATORY> 245,750 <PREFERRED> 136,200 <LONG-TERM-DEBT-NET> 3,645,659 <SHORT-TERM-NOTES> 50,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 244,560 <PREFERRED-STOCK-CURRENT> 30,250 <CAPITAL-LEASE-OBLIGATIONS> 30,427 <LEASES-CURRENT> 177,304 <OTHER-ITEMS-CAPITAL-AND-LIAB> 3,684,177 <TOT-CAPITALIZATION-AND-LIAB> 10,414,412 <GROSS-OPERATING-REVENUE> 3,834,806 <INCOME-TAX-EXPENSE> 1,948 <OTHER-OPERATING-EXPENSES> 3,631,374 <TOTAL-OPERATING-EXPENSES> 3,644,024 <OPERATING-INCOME-LOSS> 190,782 <OTHER-INCOME-NET> (29,179) <INCOME-BEFORE-INTEREST-EXPEN> 172,305 <TOTAL-INTEREST-EXPENSE> 271,981 <NET-INCOME> (99,676) <PREFERRED-STOCK-DIVIDENDS> 30,286 <EARNINGS-AVAILABLE-FOR-COMM> (129,962) <COMMON-STOCK-DIVIDENDS> 32,134 <TOTAL-INTEREST-ON-BONDS> 282,095 <CASH-FLOW-OPERATIONS> 377,221 <EPS-PRIMARY> (1.01) <EPS-DILUTED> 0.00