<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from HL&P's financial statements and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000048732 <NAME> Houston Lighting & Power Company <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 8,687,303 <OTHER-PROPERTY-AND-INVEST> 0 <TOTAL-CURRENT-ASSETS> 301,877 <TOTAL-DEFERRED-CHARGES> 1,503,087 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 10,492,267 <COMMON> 1,675,927 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 2,119,726 <TOTAL-COMMON-STOCKHOLDERS-EQ> 3,795,653 <PREFERRED-MANDATORY> 0 <PREFERRED> 351,345 <LONG-TERM-DEBT-NET> 2,710,400 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 245,725 <LONG-TERM-DEBT-CURRENT-PORT> 190,130 <PREFERRED-STOCK-CURRENT> 25,700 <CAPITAL-LEASE-OBLIGATIONS> 2,875 <LEASES-CURRENT> 3,627 <OTHER-ITEMS-CAPITAL-AND-LIAB> 3,166,812 <TOT-CAPITALIZATION-AND-LIAB> 10,492,267 <GROSS-OPERATING-REVENUE> 1,911,936 <INCOME-TAX-EXPENSE> 114,305 <OTHER-OPERATING-EXPENSES> 1,467,097 <TOTAL-OPERATING-EXPENSES> 1,581,402 <OPERATING-INCOME-LOSS> 330,534 <OTHER-INCOME-NET> (65,578) <INCOME-BEFORE-INTEREST-EXPEN> 264,956 <TOTAL-INTEREST-EXPENSE> 118,871 <NET-INCOME> 146,085 <PREFERRED-STOCK-DIVIDENDS> 11,945 <EARNINGS-AVAILABLE-FOR-COMM> 134,140 <COMMON-STOCK-DIVIDENDS> 164,500 <TOTAL-INTEREST-ON-BONDS> 112,430 <CASH-FLOW-OPERATIONS> 296,678 <EPS-PRIMARY> 0 <EPS-DILUTED> 0