<ARTICLE> UT <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,656,034 <OTHER-PROPERTY-AND-INVEST> 50,681 <TOTAL-CURRENT-ASSETS> 207,971 <TOTAL-DEFERRED-CHARGES> 51,904 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,966,590 <COMMON> 424,334<F1> <CAPITAL-SURPLUS-PAID-IN> (1,751)<F2> <RETAINED-EARNINGS> 193,895 <TOTAL-COMMON-STOCKHOLDERS-EQ> 616,478 <PREFERRED-MANDATORY> 0 <PREFERRED> 116,716 <LONG-TERM-DEBT-NET> 662,862 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 570,534 <TOT-CAPITALIZATION-AND-LIAB> 1,966,590 <GROSS-OPERATING-REVENUE> 759,075 <INCOME-TAX-EXPENSE> 39,922 <OTHER-OPERATING-EXPENSES> 608,113 <TOTAL-OPERATING-EXPENSES> 648,035 <OPERATING-INCOME-LOSS> 111,040 <OTHER-INCOME-NET> (9,864)<F3> <INCOME-BEFORE-INTEREST-EXPEN> 101,176 <TOTAL-INTEREST-EXPENSE> 42,856 <NET-INCOME> 58,320 <PREFERRED-STOCK-DIVIDENDS> 5,828 <EARNINGS-AVAILABLE-FOR-COMM> 52,492 <COMMON-STOCK-DIVIDENDS> 53,500 <TOTAL-INTEREST-ON-BONDS> 41,357 <CASH-FLOW-OPERATIONS> 180,881 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1>Includes Common Stock Expense of $836. <F2>Represents Unrealized Loss on Marketable Securities, Net of Income Taxes. <F3>Includes ($3,369) for Cumulative Effect of Change in Accounting for Post-Employment Benefits, Net of Income Taxes. </FN>