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 (Date of earliest event reported) August 7, 1998
Virginia Electric and Power Company
(Exact name of registrant as specified in its charter)
Virginia 1-2255 54-0418825
(State or other juris- (Commission (IRS Employer
diction of Incorporation) File Number) Identification No.)
701 E. Cary Street, Richmond, Virginia 23219-3932
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (804) 771-3000
(Former name or former address, if changed since last report.)
ITEM 5. OTHER EVENTS
On August 7, 1998, the Virginia State Corporation Commission (the Virginia
Commission) issued its Final Order approving settlement of the Virginia Electric
and Power Company (the Company) pending rate case. The full text of the Final
Order is filed herewith as Exhibit 99.1 to this Form 8-K.
The Virginia Commission adopted the settlement proposed by the Company and other
parties, however, it made a slight adjustment to the allocation of rate refunds
and reductions among the customer classes from the allocations proposed in the
original stipulation plan (Exhibit 99, Form 8-K dated June 8, 1998, File No.
1-2255, incorporated by reference).
.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
Exhibit 99 - Motion For Consideration of Stipulation and Changes in
Procedural Schedule and Stipulation dated June 8, 1998.
(Exhibit 99, Form 8-K dated June 8, 1998, File No.
1-2255, incorporated by reference)
Exhibit 99.1 - Final Order dated August 7, 1998. (filed herewith)
Signature
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.
VIRGINIA ELECTRIC AND POWER COMPANY
By: /S/ M. S. BOLTON, JR.
-----------------------------------
M. S. Bolton, Jr.
Controller
(Principal Accounting Officer)
August 10, 1998