<ARTICLE> UT <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S FINANCIAL RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,600,815 <OTHER-PROPERTY-AND-INVEST> 49,614 <TOTAL-CURRENT-ASSETS> 140,397 <TOTAL-DEFERRED-CHARGES> 145,054 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,935,880 <COMMON> 30,915 <CAPITAL-SURPLUS-PAID-IN> 454,608 <RETAINED-EARNINGS> 147,871 <TOTAL-COMMON-STOCKHOLDERS-EQ> 633,394 <PREFERRED-MANDATORY> 48,500 <PREFERRED> 73,115 <LONG-TERM-DEBT-NET> 627,224 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 75,000 <LONG-TERM-DEBT-CURRENT-PORT> 10,566 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 468,081 <TOT-CAPITALIZATION-AND-LIAB> 1,935,880 <GROSS-OPERATING-REVENUE> 663,243 <INCOME-TAX-EXPENSE> 38,667 <OTHER-OPERATING-EXPENSES> 505,949 <TOTAL-OPERATING-EXPENSES> 544,616 <OPERATING-INCOME-LOSS> 118,627 <OTHER-INCOME-NET> 6,984 <INCOME-BEFORE-INTEREST-EXPEN> 125,611 <TOTAL-INTEREST-EXPENSE> 41,536 <NET-INCOME> 84,075 <PREFERRED-STOCK-DIVIDENDS> 9,630 <EARNINGS-AVAILABLE-FOR-COMM> 74,445 <COMMON-STOCK-DIVIDENDS> 38,308 <TOTAL-INTEREST-ON-BONDS> 35,101 <CASH-FLOW-OPERATIONS> 147,025 <EPS-PRIMARY> 2.41 <EPS-DILUTED> 2.40