<ARTICLE> UT <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,959,904 <OTHER-PROPERTY-AND-INVEST> 60,965 <TOTAL-CURRENT-ASSETS> 242,482 <TOTAL-DEFERRED-CHARGES> 264,820 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,528,171 <COMMON> 638,854 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> (513,244) <TOTAL-COMMON-STOCKHOLDERS-EQ> 125,610 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 1,224,160 <SHORT-TERM-NOTES> 3,567 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 1,200 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 894,106 <LEASES-CURRENT> 10,289 <OTHER-ITEMS-CAPITAL-AND-LIAB> 269,239 <TOT-CAPITALIZATION-AND-LIAB> 2,528,171 <GROSS-OPERATING-REVENUE> 555,639 <INCOME-TAX-EXPENSE> 12,934 <OTHER-OPERATING-EXPENSES> 445,861 <TOTAL-OPERATING-EXPENSES> 458,795 <OPERATING-INCOME-LOSS> 96,844 <OTHER-INCOME-NET> 93,715 <INCOME-BEFORE-INTEREST-EXPEN> 190,559 <TOTAL-INTEREST-EXPENSE> 77,353 <NET-INCOME> 113,206 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 113,206 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 99,369 <EPS-PRIMARY> 3.52 <EPS-DILUTED> 3.52