<ARTICLE> UT <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> 2,007,422 <OTHER-PROPERTY-AND-INVEST> 12,992 <TOTAL-CURRENT-ASSETS> 359,330 <TOTAL-DEFERRED-CHARGES> 322,192 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,701,936 <COMMON> 639,122 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> (681,355) <TOTAL-COMMON-STOCKHOLDERS-EQ> (42,233) <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 1,381,935 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 17,167 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 922,735 <LEASES-CURRENT> 12,803 <OTHER-ITEMS-CAPITAL-AND-LIAB> 409,529 <TOT-CAPITALIZATION-AND-LIAB> 2,701,936 <GROSS-OPERATING-REVENUE> 691,473 <INCOME-TAX-EXPENSE> (91) <OTHER-OPERATING-EXPENSES> 577,162 <TOTAL-OPERATING-EXPENSES> 577,071 <OPERATING-INCOME-LOSS> 114,402 <OTHER-INCOME-NET> 13,998 <INCOME-BEFORE-INTEREST-EXPEN> 128,400 <TOTAL-INTEREST-EXPENSE> 107,660 <NET-INCOME> 20,740 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 20,740 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 59,661 <CASH-FLOW-OPERATIONS> 143,616 <EPS-PRIMARY> 0.13 <EPS-DILUTED> 0.13