WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 5 <CIK> 0000934665 <NAME> NORTH JERSEY ENERGY ASSOCIATES; NORTHEAST ENERGY ASSOCIATES <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <EXCHANGE-RATE> 1 <CASH> 99,418 <SECURITIES> 0 <RECEIVABLES> 53,841 <ALLOWANCES> 0 <INVENTORY> 1,276 <CURRENT-ASSETS> 155,905 <PP&E> 502,625 <DEPRECIATION> (110,769) <TOTAL-ASSETS> 644,963 <CURRENT-LIABILITIES> 60,080 <BONDS> 514,362 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (123,973) <TOTAL-LIABILITY-AND-EQUITY> 644,963 <SALES> 74,184 <TOTAL-REVENUES> 76,777 <CGS> 0 <TOTAL-COSTS> 53,547 <OTHER-EXPENSES> 4,062 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 12,564 <INCOME-PRETAX> 6,604 <INCOME-TAX> 0 <INCOME-CONTINUING> 6,604 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,604 <EPS-PRIMARY> 0 <EPS-DILUTED> 0