<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE RELATED FORM 10-K FINANCIAL STATEMENTS FOR THE TOLEDO EDISON COMPANY AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000352049 <NAME> TOLEDO EDISON COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,930,300 <OTHER-PROPERTY-AND-INVEST> 148,721 <TOTAL-CURRENT-ASSETS> 308,472 <TOTAL-DEFERRED-CHARGES> 969,987 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 3,357,480 <COMMON> 195,687 <CAPITAL-SURPLUS-PAID-IN> 602,113 <RETAINED-EARNINGS> 5,437 <TOTAL-COMMON-STOCKHOLDERS-EQ> 803,237 <PREFERRED-MANDATORY> 3,355 <PREFERRED> 210,000 <LONG-TERM-DEBT-NET> 1,003,026 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 49,700 <PREFERRED-STOCK-CURRENT> 1,665 <CAPITAL-LEASE-OBLIGATIONS> 48,491 <LEASES-CURRENT> 36,244 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,201,762 <TOT-CAPITALIZATION-AND-LIAB> 3,357,480 <GROSS-OPERATING-REVENUE> 897,259 <INCOME-TAX-EXPENSE> 36,275 <OTHER-OPERATING-EXPENSES> 704,169 <TOTAL-OPERATING-EXPENSES> 740,444 <OPERATING-INCOME-LOSS> 156,815 <OTHER-INCOME-NET> (4,585) <INCOME-BEFORE-INTEREST-EXPEN> 152,230 <TOTAL-INTEREST-EXPENSE> 94,941 <NET-INCOME> 57,289 <PREFERRED-STOCK-DIVIDENDS> 16,926 <EARNINGS-AVAILABLE-FOR-COMM> 40,363 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 70,129 <CASH-FLOW-OPERATIONS> 281,521 <EPS-PRIMARY> 0 <EPS-DILUTED> 0