<ARTICLE> UT <LEGEND> The schedule contains summary financial information extracted from the consolidated financial statements of Old Dominion Electric Cooperative and is qualified in its entirety by reference to such consolidated financial statements. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 823,597 <OTHER-PROPERTY-AND-INVEST> 132,384 <TOTAL-CURRENT-ASSETS> 117,383 <TOTAL-DEFERRED-CHARGES> 28,717 <OTHER-ASSETS> 11,140 <TOTAL-ASSETS> 1,113,221 <COMMON> 0 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 178,808<F1> <TOTAL-COMMON-STOCKHOLDERS-EQ> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 764,846 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 17,670 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 151,897 <TOT-CAPITALIZATION-AND-LIAB> 1,113,221 <GROSS-OPERATING-REVENUE> 181,164 <INCOME-TAX-EXPENSE> 0 <OTHER-OPERATING-EXPENSES> 156,164 <TOTAL-OPERATING-EXPENSES> 156,164 <OPERATING-INCOME-LOSS> 25,000 <OTHER-INCOME-NET> 9,053 <INCOME-BEFORE-INTEREST-EXPEN> 34,053 <TOTAL-INTEREST-EXPENSE> 27,758 <NET-INCOME> 6,295 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 0 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 31,157 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1>Old Dominion is organized and operated as a cooperative. Patronage capital is the retained net margins of Old Dominion which have been allocated to its members based on their respective power purchases in accordance with Old Dominion's bylaws. </FN>