SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities and Exchange Act of 1934
Date_of_Report:__November_29,_1994
(Date of earliest event reported)
Commission Registrant; State of Incorporation; IRS Employer
File_Number __Address;_and_Telephone_Number____ Identification_Number
1-956 Duquesne Light Company 25-0451600
(A Pennsylvania Corporation)
One Oxford Centre
301 Grant Street
Pittsburgh, Pennsylvania 15279
Telephone (412) 393-6000
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Item_5.__OTHER_EVENTS
Reference is made to the discussion under "Westinghouse Lawsuit" in Part I,
Item 3 of the Duquesne Light Company ("Duquesne") Form 10-K Annual Report for
the year ended December 31, 1993 and the discussion under "Westinghouse
Lawsuit" in Note 6 of the Duquesne Form 10-Q Quarterly Reports for the
quarters ended March 31, 1994, June 30, 1994 and September 30, 1994,
relating to plans for replacement of the steam generators at Beaver Valley
Units 1 and 2.
Cleveland Electric Illuminating Company, Duquesne Light Company, Ohio
Edison Company, Pennsylvania Power Company and Toledo Edison Company ("The
CAPCO Companies") joined in Beaver Valley steam generator litigation against
Westinghouse Electric Company. A jury trial began September 12, 1994 in
Federal District Court in Western Pennsylvania. This was the first steam
generator case to be tried before a jury, although twelve additional lawsuits
have been brought against Westinghouse by other utility companies around the
country for similar problems with Westinghouse steam generators. On October
24, 1994, the Court dismissed four of the five claims against Westinghouse,
leaving only the fraud claim. On December 6, 1994, the jury rendered a
verdict in favor of Westinghouse on the fraud count. The CAPCO Companies,
owners of the Beaver Valley Plant, intend to appeal the decision to the U.S.
Court of Appeals for the Third Circuit. Duquesne cannot predict the outcome
of this matter; however, Duquesne does not believe that resolution will have
a materially adverse effect on Duquesne's financial position or results of
operations.
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Based on existing knowledge of the condition of the steam generators,
limited repair options and other companies' experiences with Westinghouse steam
generators, replacement of the Unit 1 steam generator lower assemblies could
occur as early as 1997. Based on other companies' experiences with replacing
steam generators at similar units, replacement cost is estimated to be
approximately $125 million. Duquesne's interest in Unit 1 is 47.5 percent. In
Unit 2 Duquesne's interest is 13.74 percent.
Reference is also made to the discussion under "Employees" in the Outlook
section of Management's Discussion and Analysis of Financial Condition and
Results of Operations in Item 2 of the Duquesne Form 10-Q for the quarter ended
September 30, 1994. On November 29, 1994, the International Brotherhood of
Electrical Workers ratified a contract with Duquesne Light Company effective
October 1, 1994, with a term expiring September 30, 1998.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant identified below has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.
DUQUESNE LIGHT COMPANY
Registrant
By: /s/_Gary_L._Schwass____________
Gary L. Schwass
Vice President-Finance
and Chief Financial Officer
December 14, 1994
(118A)
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