<ARTICLE> UT
<LEGEND>
     THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE CONSOLIDATED BALANCE SHEET AS OF 12/31/96 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENT
</LEGEND>
<RESTATED>
<CIK>                                      0000030371                         
<NAME>                             DUKE ENERGY CORPORATION
<MULTIPLIER>                       1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                             DEC-31-1996
<PERIOD-START>                                JAN-01-1996
<PERIOD-END>                                  DEC-31-1996
<BOOK-VALUE>                                   PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      9,368,378
<OTHER-PROPERTY-AND-INVEST>                    7,491,322
<TOTAL-CURRENT-ASSETS>                         2,763,800
<TOTAL-DEFERRED-CHARGES>                       2,331,400
<OTHER-ASSETS>                                         0
<TOTAL-ASSETS>                                21,954,900
<COMMON>                                       4,289,300
<CAPITAL-SURPLUS-PAID-IN>                              0
<RETAINED-EARNINGS>                            3,051,900
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 7,341,200
<PREFERRED-MANDATORY>                            234,000
<PREFERRED>                                      450,000
<LONG-TERM-DEBT-NET>                           5,485,100
<SHORT-TERM-NOTES>                               265,400
<LONG-TERM-NOTES-PAYABLE>                              0
<COMMERCIAL-PAPER-OBLIGATIONS>                   194,300
<LONG-TERM-DEBT-CURRENT-PORT>                    350,600
<PREFERRED-STOCK-CURRENT>                              0
<CAPITAL-LEASE-OBLIGATIONS>                        9,758
<LEASES-CURRENT>                                   1,507
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 7,634,300
<TOT-CAPITALIZATION-AND-LIAB>                 21,954,900
<GROSS-OPERATING-REVENUE>                              0
<INCOME-TAX-EXPENSE>                                   0
<OTHER-OPERATING-EXPENSES>                             0
<TOTAL-OPERATING-EXPENSES>                             0
<OPERATING-INCOME-LOSS>                                0
<OTHER-INCOME-NET>                                     0
<INCOME-BEFORE-INTEREST-EXPEN>                         0
<TOTAL-INTEREST-EXPENSE>                               0
<NET-INCOME>                                           0
<PREFERRED-STOCK-DIVIDENDS>                            0
<EARNINGS-AVAILABLE-FOR-COMM>                          0
<COMMON-STOCK-DIVIDENDS>                               0
<TOTAL-INTEREST-ON-BONDS>                              0
<CASH-FLOW-OPERATIONS>                                 0
<EPS-PRIMARY>                                          0
<EPS-DILUTED>                                          0