A housing suitable for partial immersion in a pool or pond supports a plurality of electric lamps together with a plurality of fountain nozzles. The fountain nozzles are coupled to a nozzle flow distributor which is operative to direct water flow to one or more of the nozzles selectively. The directing of flow is accomplished by a motor-driven flow distributor operative under an electric module control. A plurality of electric lamps are supported within respective lamp assembly receptacles which in turn provide a flow of cooling water to maintain the lamp assemblies at a safe operating temperature.