<ARTICLE> UT <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE AUDITED FINANCIAL STATEMENTS OF WISCONSIN ENERGY CORPORATION FOR THE FISCAL YEAR ENDED DECEMBER 31, 1994 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> DEC-31-1994 <PERIOD-TYPE> 12-MOS <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,940,732 <OTHER-PROPERTY-AND-INVEST> 596,719 <TOTAL-CURRENT-ASSETS> 478,958 <TOTAL-DEFERRED-CHARGES> 0 <OTHER-ASSETS> 391,850 <TOTAL-ASSETS> 4,408,259 <COMMON> 1,089 <CAPITAL-SURPLUS-PAID-IN> 624,568 <RETAINED-EARNINGS> 1,118,909 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,744,566 <PREFERRED-MANDATORY> 0 <PREFERRED> 30,451 <LONG-TERM-DEBT-NET> 1,166,926 <SHORT-TERM-NOTES> 96,949 <LONG-TERM-NOTES-PAYABLE> 92,910 <COMMERCIAL-PAPER-OBLIGATIONS> 155,106 <LONG-TERM-DEBT-CURRENT-PORT> 12,685 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 23,850 <LEASES-CURRENT> 19,846 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,064,970 <TOT-CAPITALIZATION-AND-LIAB> 4,408,259 <GROSS-OPERATING-REVENUE> 1,742,192 <INCOME-TAX-EXPENSE> 99,761 <OTHER-OPERATING-EXPENSES> 1,379,158 <TOTAL-OPERATING-EXPENSES> 1,478,919 <OPERATING-INCOME-LOSS> 263,273 <OTHER-INCOME-NET> 26,965 <INCOME-BEFORE-INTEREST-EXPEN> 290,238 <TOTAL-INTEREST-EXPENSE> 108,019 <NET-INCOME> 182,219 <PREFERRED-STOCK-DIVIDENDS> 1,351 <EARNINGS-AVAILABLE-FOR-COMM> 180,868 <COMMON-STOCK-DIVIDENDS> 150,708 <TOTAL-INTEREST-ON-BONDS> 103,897 <CASH-FLOW-OPERATIONS> 416,310 <EPS-PRIMARY> 1.67 <EPS-DILUTED> 1.67 <FN> See financial statements and footnotes in accompanying 10-K.