<ARTICLE> UT
<LEGEND>
THIS STATEMENT CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET, STATEMENTS OF INCOME AND CASH FLOW, AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000077242
<NAME> PENNSYLVANIA GAS AND WATER COMPANY
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                  569,071,000
<OTHER-PROPERTY-AND-INVEST>                  6,273,000
<TOTAL-CURRENT-ASSETS>                      71,184,000
<TOTAL-DEFERRED-CHARGES>                    92,752,000
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                             739,280,000
<COMMON>                                    54,567,000
<CAPITAL-SURPLUS-PAID-IN>                   90,201,000
<RETAINED-EARNINGS>                         71,264,000
<TOTAL-COMMON-STOCKHOLDERS-EQ>             216,032,000
<PREFERRED-MANDATORY>                        1,760,000
<PREFERRED>                                 33,615,000
<LONG-TERM-DEBT-NET>                       311,725,000
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                3,730,000
<PREFERRED-STOCK-CURRENT>                       80,000
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>             173,338,000
<TOT-CAPITALIZATION-AND-LIAB>              739,280,000
<GROSS-OPERATING-REVENUE>                  234,723,000
<INCOME-TAX-EXPENSE>                        12,499,000
<OTHER-OPERATING-EXPENSES>                 179,892,000
<TOTAL-OPERATING-EXPENSES>                 192,391,000
<OPERATING-INCOME-LOSS>                     42,332,000
<OTHER-INCOME-NET>                              16,000
<INCOME-BEFORE-INTEREST-EXPEN>              42,348,000
<TOTAL-INTEREST-EXPENSE>                    22,542,000
<NET-INCOME>                                19,806,000
<PREFERRED-STOCK-DIVIDENDS>                  4,639,000
<EARNINGS-AVAILABLE-FOR-COMM>               15,167,000
<COMMON-STOCK-DIVIDENDS>                     9,605,000
<TOTAL-INTEREST-ON-BONDS>                   18,891,000
<CASH-FLOW-OPERATIONS>                      44,094,000
<EPS-PRIMARY>                                     2.17
<EPS-DILUTED>                                     2.17