<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE RELATED FORM 10-K FINANCIAL STATEMENTS FOR THE CLEVELAND ELECTRIC ILLUMINATING COMPANY AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000020947 <NAME> CLEVELAND ELECTRIC ILLUMINATING <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> DEC-31-1994 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 4,956,252 <OTHER-PROPERTY-AND-INVEST> 238,581 <TOTAL-CURRENT-ASSETS> 583,365 <TOTAL-DEFERRED-CHARGES> 1,372,442 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 7,150,640 <COMMON> 1,241,087 <CAPITAL-SURPLUS-PAID-IN> 78,624 <RETAINED-EARNINGS> (261,521) <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,058,190 <PREFERRED-MANDATORY> 245,971 <PREFERRED> 240,871 <LONG-TERM-DEBT-NET> 2,543,036 <SHORT-TERM-NOTES> 58,100 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 246,194 <PREFERRED-STOCK-CURRENT> 35,591 <CAPITAL-LEASE-OBLIGATIONS> 132,180 <LEASES-CURRENT> 47,403 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2,543,104 <TOT-CAPITALIZATION-AND-LIAB> 7,150,640 <GROSS-OPERATING-REVENUE> 1,698,021 <INCOME-TAX-EXPENSE> 81,946 <OTHER-OPERATING-EXPENSES> 1,220,066 <TOTAL-OPERATING-EXPENSES> 1,302,012 <OPERATING-INCOME-LOSS> 396,009 <OTHER-INCOME-NET> 31,447 <INCOME-BEFORE-INTEREST-EXPEN> 427,456 <TOTAL-INTEREST-EXPENSE> 242,025 <NET-INCOME> 185,431 <PREFERRED-STOCK-DIVIDENDS> 45,437 <EARNINGS-AVAILABLE-FOR-COMM> 139,994 <COMMON-STOCK-DIVIDENDS> 122,234 <TOTAL-INTEREST-ON-BONDS> 229,702 <CASH-FLOW-OPERATIONS> 414,382 <EPS-PRIMARY> 0 <EPS-DILUTED> 0