<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEET, INCOME STATEMENT AND CASH FLOW STATEMENT FOR THE 3 MONTHS ENDED DECEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH NOTES TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS APPEARING ON PAGE 5 OF FORM 10-Q FOR 3 MONTHS ENDED DECEMBER 31, 1996. </LEGEND> <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> DEC-31-1996 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 39,150,061 <OTHER-PROPERTY-AND-INVEST> 3,258,674 <TOTAL-CURRENT-ASSETS> 13,009,828 <TOTAL-DEFERRED-CHARGES> 2,651,232 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 58,069,795 <COMMON> 1,834,445 <CAPITAL-SURPLUS-PAID-IN> 1,374,519 <RETAINED-EARNINGS> 10,994,406 <TOTAL-COMMON-STOCKHOLDERS-EQ> 14,203,370 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 13,500,000 <SHORT-TERM-NOTES> 17,700,000 <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> 12,666,425 <TOT-CAPITALIZATION-AND-LIAB> 58,069,795 <GROSS-OPERATING-REVENUE> 11,163,872 <INCOME-TAX-EXPENSE> 236,189 <OTHER-OPERATING-EXPENSES> 10,475,119 <TOTAL-OPERATING-EXPENSES> 10,711,308 <OPERATING-INCOME-LOSS> 452,564 <OTHER-INCOME-NET> 202,657 <INCOME-BEFORE-INTEREST-EXPEN> 655,221 <TOTAL-INTEREST-EXPENSE> 526,463 <NET-INCOME> 128,758 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 3,845,145 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> (2,183,501) <EPS-PRIMARY> .07 <EPS-DILUTED> .07