<ARTICLE> UT <CIK> 0000838868 <NAME> UPPER PENINSULA ENERGY CORP <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 103,475 <OTHER-PROPERTY-AND-INVEST> 11,107 <TOTAL-CURRENT-ASSETS> 17,695 <TOTAL-DEFERRED-CHARGES> 3,810 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 136,087 <COMMON> 0 <CAPITAL-SURPLUS-PAID-IN> 21,507 <RETAINED-EARNINGS> 22,271 <TOTAL-COMMON-STOCKHOLDERS-EQ> 43,778 <PREFERRED-MANDATORY> 456 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 43,083 <SHORT-TERM-NOTES> 7,600 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 253 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 40,922 <TOT-CAPITALIZATION-AND-LIAB> 136,087 <GROSS-OPERATING-REVENUE> 30,099 <INCOME-TAX-EXPENSE> 1,292 <OTHER-OPERATING-EXPENSES> 24,200 <TOTAL-OPERATING-EXPENSES> 25,492 <OPERATING-INCOME-LOSS> 4,607 <OTHER-INCOME-NET> 183 <INCOME-BEFORE-INTEREST-EXPEN> 4,790 <TOTAL-INTEREST-EXPENSE> 2,189 <NET-INCOME> 2,601 <PREFERRED-STOCK-DIVIDENDS> 11 <EARNINGS-AVAILABLE-FOR-COMM> 2,590 <COMMON-STOCK-DIVIDENDS> 1,900 <TOTAL-INTEREST-ON-BONDS> 3,878 <CASH-FLOW-OPERATIONS> 4,777 <EPS-PRIMARY> 0.87 <EPS-DILUTED> 0.87