WASHINGTON WATER POWER CO
424B3, 1994-05-18
ELECTRIC & OTHER SERVICES COMBINED
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<S>                                                                                     <C>
Pricing Supplement No. 1                                                                Filing under Rule 424(b)(3)
Dated May 16, 1994                                                                        Registration No. 33-51669
(To Prospectus dated January 12,
1994 as supplemented by the
Prospectus Supplement dated
January 19, 1994)
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                                  $250,000,000

                       THE WASHINGTON WATER POWER COMPANY

                      Secured Medium-Term Notes, Series B

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                 <S>                                                         <C>
                 Principal amount ($): $5,000,000                            Subject to General Redemption
                 Original Issue Date: May 23, 1994                             (at general redemption prices)
                 Stated Maturity Date: May 24, 2005                            Yes  [X]   No [ ]
                 Interest Rate (%): 7.95                                       Initial Redemption Date: May 24, 1999
                 Issue price (%): 100.00                                       Redemption Limitation Date: N/A
                 Selling Agent's commission (%): .625                          Initial Redemption price (%): 102.27
                 Net proceeds to Company (%): 99.375                           Reduction Percentage: 1.135
                 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
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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, Harris Upham & Co. Incorporated


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