<ARTICLE> UT
<RESTATED> 
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1998
<PERIOD-START>                             JUL-01-1997
<PERIOD-END>                               DEC-31-1997
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                   28,205,441
<OTHER-PROPERTY-AND-INVEST>                    200,000
<TOTAL-CURRENT-ASSETS>                      15,869,426
<TOTAL-DEFERRED-CHARGES>                     3,965,629
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                              48,240,496
<COMMON>                                       359,542
<CAPITAL-SURPLUS-PAID-IN>                    3,231,422
<RETAINED-EARNINGS>                          8,320,338
<TOTAL-COMMON-STOCKHOLDERS-EQ>               1,911,302
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<LONG-TERM-DEBT-NET>                        17,443,755
<SHORT-TERM-NOTES>                           6,430,000
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                  242,392
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>              12,213,047
<TOT-CAPITALIZATION-AND-LIAB>               48,240,496
<GROSS-OPERATING-REVENUE>                   19,866,095
<INCOME-TAX-EXPENSE>                            58,004
<OTHER-OPERATING-EXPENSES>                  18,995,316
<TOTAL-OPERATING-EXPENSES>                  19,053,320
<OPERATING-INCOME-LOSS>                        812,775
<OTHER-INCOME-NET>                             208,994
<INCOME-BEFORE-INTEREST-EXPEN>               1,021,769
<TOTAL-INTEREST-EXPENSE>                       886,762
<NET-INCOME>                                   135,007
<PREFERRED-STOCK-DIVIDENDS>                          0
<EARNINGS-AVAILABLE-FOR-COMM>                8,320,338
<COMMON-STOCK-DIVIDENDS>                       525,018
<TOTAL-INTEREST-ON-BONDS>                      569,045
<CASH-FLOW-OPERATIONS>                       (383,535)
<EPS-PRIMARY>                                      .06
<EPS-DILUTED>                                      .06