<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-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 823,730 <OTHER-PROPERTY-AND-INVEST> 159,673 <TOTAL-CURRENT-ASSETS> 113,463 <TOTAL-DEFERRED-CHARGES> 26,596 <OTHER-ASSETS> 14,384 <TOTAL-ASSETS> 1,137,846 <COMMON> 0 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 190,367<F1> <TOTAL-COMMON-STOCKHOLDERS-EQ> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 633,875 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 17,928 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 295,676 <TOT-CAPITALIZATION-AND-LIAB> 1,137,846 <GROSS-OPERATING-REVENUE> 168,993 <INCOME-TAX-EXPENSE> 0 <OTHER-OPERATING-EXPENSES> 137,206 <TOTAL-OPERATING-EXPENSES> 137,206 <OPERATING-INCOME-LOSS> 31,787 <OTHER-INCOME-NET> 1,709 <INCOME-BEFORE-INTEREST-EXPEN> 33,496 <TOTAL-INTEREST-EXPENSE> 27,882 <NET-INCOME> 5,614 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 0 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 48,588 <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 accordances with Old Dominion's bylaws. </FN>