WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<PAGE>
<ARTICLE> UT
<LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET AND RELATED STATEMENTS OF INCOME, RETAINED EARNINGS AND CASH FLOWS OF NEW
ENGLAND POWER COMPANY, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<SUBSIDIARY>
<NUMBER> 3
<CIK> 0000071337
<NAME> NEW ENGLAND POWER COMPANY
<MULTIPLIER> 1,000
<S> <C>
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-END> SEP-30-2000
<PERIOD-TYPE> 6-MOS
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 641,928
<OTHER-PROPERTY-AND-INVEST> 110,957
<TOTAL-CURRENT-ASSETS> 349,139
<TOTAL-DEFERRED-CHARGES> 1,981,186 <F1>
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 3,083,210
<COMMON> 72,398
<CAPITAL-SURPLUS-PAID-IN> 730,413
<RETAINED-EARNINGS> 32,530
<TOTAL-COMMON-STOCKHOLDERS-EQ> 835,358 <F2>
0
1,471
<LONG-TERM-DEBT-NET> 371,776
<SHORT-TERM-NOTES> 163,500
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 0
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 1,711,105
<TOT-CAPITALIZATION-AND-LIAB> 3,083,210
<GROSS-OPERATING-REVENUE> 331,580
<INCOME-TAX-EXPENSE> 26,929
<OTHER-OPERATING-EXPENSES> 259,174
<TOTAL-OPERATING-EXPENSES> 286,103
<OPERATING-INCOME-LOSS> 45,477
<OTHER-INCOME-NET> (3,744)
<INCOME-BEFORE-INTEREST-EXPEN> 41,733
<TOTAL-INTEREST-EXPENSE> 11,050
<NET-INCOME> 30,683
47
<EARNINGS-AVAILABLE-FOR-COMM> 30,653 <F3>
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 8,442
<CASH-FLOW-OPERATIONS> 71,855
<EPS-BASIC> 0 <F4>
<EPS-DILUTED> 0 <F4>
<FN>
<F1> Total deferred charges includes regulatory assets, other assets,
and goodwill, net of amortization.
<F2> Total common stockholders equity includes unrealized gain on
securities, net.
<F3> Earnings available for common includes preferred stock dividends and gain on redemption of
preferred stock.
<F4> Per share data is not relevant because the Company's common stock
is wholly owned by National Grid USA.
</FN>
