______________________________________________________________________________ ______________________________________________________________________________ SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 ________________ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report May 20, 1994 I.R.S. Commission Employer File State of Identification Number Registrant Incorporation Number 001-11227 Washington Energy Company Washington 91-1005304 001-11271 Washington Natural Gas Company Washington 91-1005303 815 Mercer Street, Seattle, Washington 98111 (Address of Registrant's principal executive offices) Registrant's telephone number, including area code: (206) 622-6767 ______________________________________________________________________________ ______________________________________________________________________________ PAGE 2 Item 5. Other Events On May 19, 1994, Washington Energy Company made the following press release: RATE CASE SETTLEMENT OF $19 MILLION FILED FOR GAS UTILITY SEATTLE -- Washington Natural Gas, the principal subsidiary of Washing- ton Energy Co. (NYSE:WEG), filed an agreed stipulation for settlement of its rate case today with the Washington Utilities and Transportation Commission (WUTC) seeking an increase of $19 million, or 4.9 percent, in annual revenues. If accepted by the commission, the negotiated settlement would conclude the process of reviewing the company's November 1993 request for a rate increase of $24.6 million, or 6.4 percent, in annual revenues. The proposed settlement would result in an increase in the average residential bill of approximately $2.42 a month. The stipulated settlement, signed by the Attorney General's office on behalf of the staff of the WUTC, the Office of Public Counsel and representa- tives of industrial customers of Washington Natural Gas, requests that the WUTC's three commissioners allow increased rates to go into effect by June 10, 1994. As part of the settlement, Washington Natural Gas has agreed not to make any further general rate filings until March 1, 1995. Washington Natural Gas serves more than 440,000 customers in the central Puget Sound area of western Washington. PAGE 3 Signatures Pursuant to the Requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WASHINGTON ENERGY COMPANY by /S/ James P. Torgerson Senior Vice President - Finance, Planning and Development and Chief Financial Officer WASHINGTON NATURAL GAS COMPANY by /S/ James P. Torgerson Senior Vice President - Finance, Planning and Development and Chief Financial Officer May 20, 1994 PAGE 4 EXHIBIT INDEX Exhibit 10.1 Stipulation for Submission and Decision