<ARTICLE> UT <CIK> 0000838868 <NAME> UPPER PENINSULA ENERGY CORP <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 102,225 <OTHER-PROPERTY-AND-INVEST> 5,947 <TOTAL-CURRENT-ASSETS> 16,596 <TOTAL-DEFERRED-CHARGES> 4,352 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 129,120 <COMMON> 0 <CAPITAL-SURPLUS-PAID-IN> 21,540 <RETAINED-EARNINGS> 21,036 <TOTAL-COMMON-STOCKHOLDERS-EQ> 42,576 <PREFERRED-MANDATORY> 457 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 43,336 <SHORT-TERM-NOTES> 3,200 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 236 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 39,315 <TOT-CAPITALIZATION-AND-LIAB> 129,120 <GROSS-OPERATING-REVENUE> 29,382 <INCOME-TAX-EXPENSE> 1,374 <OTHER-OPERATING-EXPENSES> 23,302 <TOTAL-OPERATING-EXPENSES> 24,676 <OPERATING-INCOME-LOSS> 4,706 <OTHER-INCOME-NET> 56 <INCOME-BEFORE-INTEREST-EXPEN> 4,762 <TOTAL-INTEREST-EXPENSE> 2,043 <NET-INCOME> 2,719 <PREFERRED-STOCK-DIVIDENDS> 12 <EARNINGS-AVAILABLE-FOR-COMM> 2,707 <COMMON-STOCK-DIVIDENDS> 928 <TOTAL-INTEREST-ON-BONDS> 3,861 <CASH-FLOW-OPERATIONS> 4,323 <EPS-PRIMARY> .91 <EPS-DILUTED> .91