<ARTICLE> UT <CIK> 0000022767 <NAME> TEXAS-NEW MEXICO POWER CO. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 940,808 <OTHER-PROPERTY-AND-INVEST> 214 <TOTAL-CURRENT-ASSETS> 43,061 <TOTAL-DEFERRED-CHARGES> 32,287 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,015,659 <COMMON> 107 <CAPITAL-SURPLUS-PAID-IN> 174,931 <RETAINED-EARNINGS> 47,490 <TOTAL-COMMON-STOCKHOLDERS-EQ> 222,528 <PREFERRED-MANDATORY> 0 <PREFERRED> 3,600 <LONG-TERM-DEBT-NET> 541,014 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 101,870 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 146,647 <TOT-CAPITALIZATION-AND-LIAB> 1,015,659 <GROSS-OPERATING-REVENUE> 99,827 <INCOME-TAX-EXPENSE> 618 <OTHER-OPERATING-EXPENSES> 81,423 <TOTAL-OPERATING-EXPENSES> 82,041 <OPERATING-INCOME-LOSS> 17,786 <OTHER-INCOME-NET> 180 <INCOME-BEFORE-INTEREST-EXPEN> 17,966 <TOTAL-INTEREST-EXPENSE> 17,347 <NET-INCOME> 619 <PREFERRED-STOCK-DIVIDENDS> 42 <EARNINGS-AVAILABLE-FOR-COMM> 577 <COMMON-STOCK-DIVIDENDS> 2,400 <TOTAL-INTEREST-ON-BONDS> 16,569 <CASH-FLOW-OPERATIONS> (24,870) <EPS-PRIMARY> 0 <EPS-DILUTED> 0