<ARTICLE> UT <LEGEND> THIS SECTION OF THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 677,607 <OTHER-PROPERTY-AND-INVEST> 63,326 <TOTAL-CURRENT-ASSETS> 95,373 <TOTAL-DEFERRED-CHARGES> 45,881 <OTHER-ASSETS> 60,430 <TOTAL-ASSETS> 942,617 <COMMON> 47,091 <CAPITAL-SURPLUS-PAID-IN> 172,136 <RETAINED-EARNINGS> 121,215 <TOTAL-COMMON-STOCKHOLDERS-EQ> 340,442 <PREFERRED-MANDATORY> 38,778 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 279,919 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 15,559 <LONG-TERM-DEBT-CURRENT-PORT> 21,000 <PREFERRED-STOCK-CURRENT> 1,062 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 245,857 <TOT-CAPITALIZATION-AND-LIAB> 942,617 <GROSS-OPERATING-REVENUE> 137,561 <INCOME-TAX-EXPENSE> 15,562 <OTHER-OPERATING-EXPENSES> 94,628 <TOTAL-OPERATING-EXPENSES> 110,190 <OPERATING-INCOME-LOSS> 27,371 <OTHER-INCOME-NET> 2,481 <INCOME-BEFORE-INTEREST-EXPEN> 29,852 <TOTAL-INTEREST-EXPENSE> 6,496 <NET-INCOME> 23,356 <PREFERRED-STOCK-DIVIDENDS> 691 <EARNINGS-AVAILABLE-FOR-COMM> 22,665 <COMMON-STOCK-DIVIDENDS> 6,675 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 54,537 <EPS-PRIMARY> $1.53 <EPS-DILUTED> $1.49