FORM 10-K/A-1

                        SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D.C.  20549

                        AMENDMENT TO APPLICATION OR REPORT
(Mark One)
(X)  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
     EXCHANGE ACT OF 1934 - For the fiscal year ended September 30, 1995

( )  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
     EXCHANGE ACT OF 1934
     For the transition period from __________ to __________

                         Commission file number:  1-11429

             PUBLIC SERVICE COMPANY OF NORTH CAROLINA, INCORPORATED
              (Exact name of registrant as specified in its charter)

                         NORTH CAROLINA                     56-0233140 
                (State or other jurisdiction of        (I. R. S. Employer
                incorporation or organization)         Identification No.)
 
                                  AMENDMENT NO. 1

     The undersigned registrant hereby amends the following items, financial 
statements, exhibits or other portions of its Annual Report for 1995 on 
Form 10-K as set forth in the pages attached hereto.

     (List all such items, financial statements, exhibits or other portions 
amended)

Exhibit Number
- --------------
     27        Amended Financial Data Schedule. 
   

     Pursuant to the requirements of the Securities Exchange Act of 1934, the 
registrant has duly caused this amendment to be signed on its behalf by the 
undersigned, thereunto duly authorized.


                                          Public Service Company of
                                          North Carolina, Incorporated
                                          ----------------------------
                                                   (Registrant)

                                     By:  Jack G. Mason
                                          ----------------------------
                                                   (Signature)
                                          Jack G. Mason
                                          Treasurer
                                          
Date    December 26, 1995
        -----------------