<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from Indiana
Energy, Inc.'s consolidated financial statements as of September 30, 1995, and
for the fiscal year then ended and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-END>                               SEP-30-1995
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      555,296
<OTHER-PROPERTY-AND-INVEST>                      7,117
<TOTAL-CURRENT-ASSETS>                          84,536
<TOTAL-DEFERRED-CHARGES>                        16,448
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                                 663,397
<COMMON>                                       145,048
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                            135,667
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 280,715
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<LONG-TERM-DEBT-NET>                           176,296
<SHORT-TERM-NOTES>                               6,025
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                      267
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 200,094
<TOT-CAPITALIZATION-AND-LIAB>                  663,397
<GROSS-OPERATING-REVENUE>                      403,810
<INCOME-TAX-EXPENSE>                            19,216
<OTHER-OPERATING-EXPENSES>                     338,406
<TOTAL-OPERATING-EXPENSES>                     357,622
<OPERATING-INCOME-LOSS>                         46,188
<OTHER-INCOME-NET>                               2,298
<INCOME-BEFORE-INTEREST-EXPEN>                  48,486
<TOTAL-INTEREST-EXPENSE>                        15,530
<NET-INCOME>                                    32,956
<PREFERRED-STOCK-DIVIDENDS>                          0
<EARNINGS-AVAILABLE-FOR-COMM>                   32,956
<COMMON-STOCK-DIVIDENDS>                        24,019
<TOTAL-INTEREST-ON-BONDS>                       13,474
<CASH-FLOW-OPERATIONS>                          89,915
<EPS-PRIMARY>                                     1.46
<EPS-DILUTED>                                        0