<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ORANGE AND ROCKLAND UTILITIES, INC. ANNUAL REPORT ON FORM 10-K FOR THE FISCAL YEAR ENDED DECEMBER 31, 1994 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 856,289 <OTHER-PROPERTY-AND-INVEST> 20,608 <TOTAL-CURRENT-ASSETS> 251,192 <TOTAL-DEFERRED-CHARGES> 184,915 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,313,004 <COMMON> 68,265 <CAPITAL-SURPLUS-PAID-IN> 127,479 <RETAINED-EARNINGS> 183,659 <TOTAL-COMMON-STOCKHOLDERS-EQ> 379,403 <PREFERRED-MANDATORY> 2,774 <PREFERRED> 43,268 <LONG-TERM-DEBT-NET> 359,622 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 29,400 <LONG-TERM-DEBT-CURRENT-PORT> 19,392 <PREFERRED-STOCK-CURRENT> 1,384 <CAPITAL-LEASE-OBLIGATIONS> 275 <LEASES-CURRENT> 518 <OTHER-ITEMS-CAPITAL-AND-LIAB> 476,968 <TOT-CAPITALIZATION-AND-LIAB> 1,313,004 <GROSS-OPERATING-REVENUE> 1,016,902 <INCOME-TAX-EXPENSE> 24,540 <OTHER-OPERATING-EXPENSES> 916,510 <TOTAL-OPERATING-EXPENSES> 941,050 <OPERATING-INCOME-LOSS> 75,852 <OTHER-INCOME-NET> (5,198) <INCOME-BEFORE-INTEREST-EXPEN> 70,654 <TOTAL-INTEREST-EXPENSE> 33,437 <NET-INCOME> 37,217 <PREFERRED-STOCK-DIVIDENDS> 3,251 <EARNINGS-AVAILABLE-FOR-COMM> 33,966 <COMMON-STOCK-DIVIDENDS> 34,486 <TOTAL-INTEREST-ON-BONDS> 29,105 <CASH-FLOW-OPERATIONS> 117,490 <EPS-PRIMARY> 2.5 <EPS-DILUTED> 0