WASHINGTON WATER POWER CO
424B3, 1994-12-01
ELECTRIC & OTHER SERVICES COMBINED
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<PAGE>   1

Pricing Supplement No. 4                             Filing under Rule 424(b)(3)
Dated November 28, 1994                                Registration No. 33-51669
(To Prospectus dated January 12,
1994 as supplemented by the
Prospectus Supplement dated
January 19, 1994)


                                  $250,000,000

                       THE WASHINGTON WATER POWER COMPANY

                      SECURED MEDIUM-TERM NOTES, SERIES B


<TABLE>
<S>                                                                   <C>
Principal amount ($): $5,000,000                                      Subject to General Redemption
Original Issue Date: December 5, 1994                                   (at general redemption prices)
Stated Maturity Date: December 5, 1997                                  Yes     No (X)
Interest Rate (%): 7.93                                                 Initial Redemption Date: N/A
Issue price (%): 100.00                                                 Redemption Limitation Date: N/A
Selling Agent's commission (%): .350                                    Initial Redemption price (%): N/A
Net proceeds to Company (%): 99.650                                     Reduction Percentage: N/A
Form:  Book-Entry (X)
       Certificated                                                   Subject to Special Redemption
                                                                        (at special redemption prices)
                                                                        Yes     No (X)
                                                                        Initial Redemption Price: N/A
                                                                        Reduction Percentage: N/A
</TABLE>


Use of Proceeds: A/S

Additional terms: N/A


"N/A" as used herein means "Not Applicable".  "A/S" as used herein means "As
stated in the Prospectus referred to above".

GOLDMAN, SACHS & CO.
     KIDDER, PEABODY & CO. INCORPORATED
          SMITH BARNEY INC.


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