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PRICING SUPPLEMENT Filing under Rule 424(b)(3)
File No. 333-76155
PROSPECTUS SUPPLEMENT NO. 3
DATED JUNE 16, 1999
TO PROSPECTUS DATED APRIL 30, 1999
VIRGINIA ELECTRIC AND POWER COMPANY
MEDIUM-TERM NOTES, SERIES G - FIXED RATE NOTE
DUE 9 MONTHS OR MORE FROM DATE OF ISSUE
PRESENTING AGENT: MERRILL LYNCH & CO.
ACTING AS: AGENT ( ) PRINCIPAL (X)
IF ACTING AS PRINCIPAL, NOTES WILL BE RESOLD TO THE PUBLIC AT:
(X) A FIXED PRICE OF 100% OF PRINCIPAL
( ) VARYING PRICES BASED ON MARKET RATES
IF ACTING AS AGENT, NOTES WILL BE SOLD AT ____% OF PRINCIPAL
Principal Amount: ....................................$ 20,000,000
Presenting Agent's Commission: .......................$ 50,000
Net Proceeds to the Company: .........................$ 19,950,000
Interest Rate: ....................................... 6.30%
Original Issue Date: ................................. 06/21/99
Stated Maturity: ..................................... 06/21/01
CUSIP: ............................................... 92781FBQ0
Specified Currency (U.S. Dollars unless noted): ......
Authorized Denominations (if other than U.S. $1,000
and integral multiples thereof): ...........
Initial Redemption Date: ............................. N/A
Initial Redemption Percentage: ....................... N/A
Annual Redemption Percentage Reduction: .............. N/A
Limitation Date: .....................................
Refunding Rate: ......................................
Interest Payment Dates (if other than May 1
and November 1 of each year): ..............
Additional Terms (if any): ...........................
(X) BOOK ENTRY NOTE ( ) CERTIFICATED NOTE
