<ARTICLE> UT
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE CONSOLIDATED FINANCIAL STATEMENTS OF OLD DOMINION ELECTRIC COOPERATIVE
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH CONSOLIDATED FINANCIAL
STATEMENTS.
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      811,084
<OTHER-PROPERTY-AND-INVEST>                    184,781
<TOTAL-CURRENT-ASSETS>                         107,377
<TOTAL-DEFERRED-CHARGES>                        14,058
<OTHER-ASSETS>                                  12,612
<TOTAL-ASSETS>                               1,129,912
<COMMON>                                             0
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                            197,552<F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ>                       0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<LONG-TERM-DEBT-NET>                           605,878
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                   30,116
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 296,366
<TOT-CAPITALIZATION-AND-LIAB>                1,129,912
<GROSS-OPERATING-REVENUE>                      358,505
<INCOME-TAX-EXPENSE>                                 0
<OTHER-OPERATING-EXPENSES>                     286,169
<TOTAL-OPERATING-EXPENSES>                     286,169
<OPERATING-INCOME-LOSS>                         72,336
<OTHER-INCOME-NET>                               4,060
<INCOME-BEFORE-INTEREST-EXPEN>                  76,396
<TOTAL-INTEREST-EXPENSE>                        63,597
<NET-INCOME>                                    12,799
<PREFERRED-STOCK-DIVIDENDS>                          0
<EARNINGS-AVAILABLE-FOR-COMM>                        0
<COMMON-STOCK-DIVIDENDS>                             0
<TOTAL-INTEREST-ON-BONDS>                            0
<CASH-FLOW-OPERATIONS>                          80,198
<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>