<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>                                              DEC-31-1995
<PERIOD-TYPE>                                             12-MOS
<BOOK-VALUE>                                              PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                          6,251,148
<OTHER-PROPERTY-AND-INVEST>                                                0
<TOTAL-CURRENT-ASSETS>                                               786,685
<TOTAL-DEFERRED-CHARGES>                                           1,046,110
<OTHER-ASSETS>                                                       136,121
<TOTAL-ASSETS>                                                     8,220,064
<COMMON>                                                               1,577
<CAPITAL-SURPLUS-PAID-IN>                                          1,597,050
<RETAINED-EARNINGS>                                                  950,216
<TOTAL-COMMON-STOCKHOLDERS-EQ>                                     2,548,843
<PREFERRED-MANDATORY>                                                160,000
<PREFERRED>                                                          227,897
<LONG-TERM-DEBT-NET>                                               2,530,766
<SHORT-TERM-NOTES>                                                   165,800
<LONG-TERM-NOTES-PAYABLE>                                                  0
<COMMERCIAL-PAPER-OBLIGATIONS>                                             0
<LONG-TERM-DEBT-CURRENT-PORT>                                        201,900
<PREFERRED-STOCK-CURRENT>                                                  0
<CAPITAL-LEASE-OBLIGATIONS>                                                0
<LEASES-CURRENT>                                                           0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                                     2,384,858
<TOT-CAPITALIZATION-AND-LIAB>                                      8,220,064
<GROSS-OPERATING-REVENUE>                                          3,031,433
<INCOME-TAX-EXPENSE>                                                 219,462
<OTHER-OPERATING-EXPENSES>                                         2,229,839
<TOTAL-OPERATING-EXPENSES>                                         2,449,301
<OPERATING-INCOME-LOSS>                                              582,132
<OTHER-INCOME-NET>                                                    22,575
<INCOME-BEFORE-INTEREST-EXPEN>                                       604,707
<TOTAL-INTEREST-EXPENSE>                                             226,672
<NET-INCOME>                                                         378,035
<PREFERRED-STOCK-DIVIDENDS>                                           30,853
<EARNINGS-AVAILABLE-FOR-COMM>                                        347,182
<COMMON-STOCK-DIVIDENDS>                                             268,851
<TOTAL-INTEREST-ON-BONDS>                                            213,911
<CASH-FLOW-OPERATIONS>                                               703,395
<EPS-PRIMARY>                                                           2.22
<EPS-DILUTED>                                                           2.22