<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM HL&P'S FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000048732 <NAME> HOUSTON LIGHTING & POWER <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 8,989,667 <OTHER-PROPERTY-AND-INVEST> 0 <TOTAL-CURRENT-ASSETS> 371,206 <TOTAL-DEFERRED-CHARGES> 1,357,861 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 10,718,734 <COMMON> 1,675,927 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 2,164,391 <TOTAL-COMMON-STOCKHOLDERS-EQ> 3,840,318 <PREFERRED-MANDATORY> 51,055 <PREFERRED> 351,345 <LONG-TERM-DEBT-NET> 3,007,949 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 150,144 <PREFERRED-STOCK-CURRENT> 25,700 <CAPITAL-LEASE-OBLIGATIONS> 6,909 <LEASES-CURRENT> 3,616 <OTHER-ITEMS-CAPITAL-AND-LIAB> 3,281,698 <TOT-CAPITALIZATION-AND-LIAB> 10,718,734 <GROSS-OPERATING-REVENUE> 1,724,391 <INCOME-TAX-EXPENSE> 96,310 <OTHER-OPERATING-EXPENSES> 1,306,096 <TOTAL-OPERATING-EXPENSES> 1,402,406 <OPERATING-INCOME-LOSS> 321,985 <OTHER-INCOME-NET> (5,865) <INCOME-BEFORE-INTEREST-EXPEN> 316,120 <TOTAL-INTEREST-EXPENSE> 123,903 <NET-INCOME> 192,217 <PREFERRED-STOCK-DIVIDENDS> 16,435 <EARNINGS-AVAILABLE-FOR-COMM> 175,782 <COMMON-STOCK-DIVIDENDS> 164,500 <TOTAL-INTEREST-ON-BONDS> 122,878<F1> <CASH-FLOW-OPERATIONS> 374,648 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1> Total annual interest charges on all bonds for year-to-date 6/30/95. </FN>