<ARTICLE> UT <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1995 <PERIOD-START> OCT-01-1994 <PERIOD-END> MAR-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,301 <OTHER-PROPERTY-AND-INVEST> 19 <TOTAL-CURRENT-ASSETS> 276 <TOTAL-DEFERRED-CHARGES> 65 <OTHER-ASSETS> 2 <TOTAL-ASSETS> 1,663 <COMMON> 129 <CAPITAL-SURPLUS-PAID-IN> 250 <RETAINED-EARNINGS> 160 <TOTAL-COMMON-STOCKHOLDERS-EQ> 539 <PREFERRED-MANDATORY> 56 <PREFERRED> 3 <LONG-TERM-DEBT-NET> 555 <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> 511 <TOT-CAPITALIZATION-AND-LIAB> 1,663 <GROSS-OPERATING-REVENUE> 777 <INCOME-TAX-EXPENSE> 20 <OTHER-OPERATING-EXPENSES> 237 <TOTAL-OPERATING-EXPENSES> 714 <OPERATING-INCOME-LOSS> 63 <OTHER-INCOME-NET> 2 <INCOME-BEFORE-INTEREST-EXPEN> 65 <TOTAL-INTEREST-EXPENSE> 25 <NET-INCOME> 39 <PREFERRED-STOCK-DIVIDENDS> 2 <EARNINGS-AVAILABLE-FOR-COMM> 37 <COMMON-STOCK-DIVIDENDS> 27 <TOTAL-INTEREST-ON-BONDS> 22 <CASH-FLOW-OPERATIONS> 220 <EPS-PRIMARY> 1.44 <EPS-DILUTED> 1.44