June 12, 1998 Virginia Electric and Power Company 701 E. Cary Street Richmond, Virginia 23219 Virginia Electric and Power Company 1998 Series A 7.15% Senior Notes, due June 30, 2038 Ladies and Gentlemen: We hereby consent to the statements made in regard to our firm under the captions EXPERTS and LEGAL OPINIONS in the Prospectus included in the Registration Statement on Form S-3 of Virginia Electric and Power Company dated March 18, 1998, by means of the Prospectus Supplement filed June 12, 1998. Very truly yours, /s/ MCGUIRE, WOODS, BATTLE & BOOTHE LLP --------------------------------------- MCGUIRE, WOODS, BATTLE & BOOTHE LLP