<ARTICLE> UT <CIK> 0000315256 <NAME>PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE <MULTIPLIER>1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,670,670 <OTHER-PROPERTY-AND-INVEST> 29,735 <TOTAL-CURRENT-ASSETS> 328,735 <TOTAL-DEFERRED-CHARGES> 652,455 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,681,595 <COMMON> 1 <CAPITAL-SURPLUS-PAID-IN> 424,250 <RETAINED-EARNINGS> 252,912 <TOTAL-COMMON-STOCKHOLDERS-EQ> 678,167 <PREFERRED-MANDATORY> 50,000 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 516,485 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 25,000 <CAPITAL-LEASE-OBLIGATIONS> 703,411 <LEASES-CURRENT> 138,812 <OTHER-ITEMS-CAPITAL-AND-LIAB> 569,720 <TOT-CAPITALIZATION-AND-LIAB> 2,681,595 <GROSS-OPERATING-REVENUE> 1,087,247 <INCOME-TAX-EXPENSE> 72,552 <OTHER-OPERATING-EXPENSES> 890,969 <TOTAL-OPERATING-EXPENSES> 956,048 <OPERATING-INCOME-LOSS> 131,199 <OTHER-INCOME-NET> 11,871 <INCOME-BEFORE-INTEREST-EXPEN> 135,597 <TOTAL-INTEREST-EXPENSE> 43,911 <NET-INCOME> 91,686 <PREFERRED-STOCK-DIVIDENDS> 9,275 <EARNINGS-AVAILABLE-FOR-COMM> 82,411 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 43,317 <CASH-FLOW-OPERATIONS> 216,642 <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00