<ARTICLE> UT <MULTIPLIER> 1000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 4,687,675 <OTHER-PROPERTY-AND-INVEST> 186,342 <TOTAL-CURRENT-ASSETS> 514,007 <TOTAL-DEFERRED-CHARGES> 1,064,409 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 6,452,433 <COMMON> 178,162 <CAPITAL-SURPLUS-PAID-IN> 1,143,617 <RETAINED-EARNINGS> 610,535 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,932,314 <PREFERRED-MANDATORY> 9,401 <PREFERRED> 123,795 <LONG-TERM-DEBT-NET> 1,871,949 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 115,350 <LONG-TERM-DEBT-CURRENT-PORT> 154,220 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2,245,404 <TOT-CAPITALIZATION-AND-LIAB> 6,452,433 <GROSS-OPERATING-REVENUE> 1,562,872 <INCOME-TAX-EXPENSE> 162,808 <OTHER-OPERATING-EXPENSES> 1,100,145 <TOTAL-OPERATING-EXPENSES> 1,262,953 <OPERATING-INCOME-LOSS> 299,919 <OTHER-INCOME-NET> 19,179 <INCOME-BEFORE-INTEREST-EXPEN> 319,098 <TOTAL-INTEREST-EXPENSE> 101,786 <NET-INCOME> 217,312 <PREFERRED-STOCK-DIVIDENDS> 7,660 <EARNINGS-AVAILABLE-FOR-COMM> 209,652 <COMMON-STOCK-DIVIDENDS> 127,500 <TOTAL-INTEREST-ON-BONDS> 87,558 <CASH-FLOW-OPERATIONS> 466,968 <EPS-PRIMARY> 0 <EPS-DILUTED> 0