<ARTICLE> 5 <CIK> 0000934666 <NAME> NORTH JERSEY ENERGY ASSOCIATES <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 91,793 <SECURITIES> 0 <RECEIVABLES> 41,297 <ALLOWANCES> 0 <INVENTORY> 1,286 <CURRENT-ASSETS> 135,895 <PP&E> 503,660 <DEPRECIATION> 135,756 <TOTAL-ASSETS> 594,238 <CURRENT-LIABILITIES> 55,246 <BONDS> 490,287 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (174,427) <TOTAL-LIABILITY-AND-EQUITY> 594,238 <SALES> 82,336 <TOTAL-REVENUES> 82,336 <CGS> 0 <TOTAL-COSTS> 51,263<F1> <OTHER-EXPENSES> 2,630 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 12,038 <INCOME-PRETAX> 13,052 <INCOME-TAX> 0 <INCOME-CONTINUING> 13,052 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,052 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1>INCLUDES DEPRECIATION OF $6,250 </FN>