<ARTICLE>             UT
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 
CONSOLIDATED BALANCE SHEETS, CONSOLIDATED STATEMENTS OF INCOME AND CONSOLIDATED 
STATEMENTS OF CASH FLOWS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                         1,000
       
                                     
<FISCAL-YEAR-END>                       DEC-31-1995
<PERIOD-START>                          JAN-01-1995
<PERIOD-END>                            MAR-31-1995
<PERIOD-TYPE>                           3-MOS
<BOOK-VALUE>                            PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                        6,203,404
<OTHER-PROPERTY-AND-INVEST>                              0
<TOTAL-CURRENT-ASSETS>                             740,329
<TOTAL-DEFERRED-CHARGES>                         1,001,997
<OTHER-ASSETS>                                     140,968
<TOTAL-ASSETS>                                   8,086,698
<COMMON>                                             1,559
<CAPITAL-SURPLUS-PAID-IN>                        1,553,478
<RETAINED-EARNINGS>                                911,857
<TOTAL-COMMON-STOCKHOLDERS-EQ>                   2,466,894
<PREFERRED-MANDATORY>                              210,000
<PREFERRED>                                        267,929
<LONG-TERM-DEBT-NET>                             2,516,417
<SHORT-TERM-NOTES>                                 230,101
<LONG-TERM-NOTES-PAYABLE>                                0
<COMMERCIAL-PAPER-OBLIGATIONS>                           0
<LONG-TERM-DEBT-CURRENT-PORT>                      174,400
<PREFERRED-STOCK-CURRENT>                                0
<CAPITAL-LEASE-OBLIGATIONS>                              0
<LEASES-CURRENT>                                         0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                   2,220,957
<TOT-CAPITALIZATION-AND-LIAB>                    8,086,698
<GROSS-OPERATING-REVENUE>                          804,502
<INCOME-TAX-EXPENSE>                                62,470
<OTHER-OPERATING-EXPENSES>                         580,819
<TOTAL-OPERATING-EXPENSES>                         643,289
<OPERATING-INCOME-LOSS>                            161,213
<OTHER-INCOME-NET>                                   7,115
<INCOME-BEFORE-INTEREST-EXPEN>                     168,328
<TOTAL-INTEREST-EXPENSE>                            58,061
<NET-INCOME>                                       110,267
<PREFERRED-STOCK-DIVIDENDS>                          8,657
<EARNINGS-AVAILABLE-FOR-COMM>                      101,610
<COMMON-STOCK-DIVIDENDS>                                 0
<TOTAL-INTEREST-ON-BONDS>                           55,061
<CASH-FLOW-OPERATIONS>                              36,850
<EPS-PRIMARY>                                         0.65
<EPS-DILUTED>                                         0.65