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October 16, 1998
Via EDGAR
Securities and Exchange Commission
450 5th Street, N.W.
Washington, DC 20549
Re: Allegheny Energy, Inc.
Registration Statement No. 33-57027
Dear Sirs:
On behalf of Allegheny Energy, Inc. (the "Company"),
enclosed herewith for filing pursuant to Rule 424(b)(3) of the
Securities Act of 1933, as amended (the "Act"), is one copy of
the Prospectus Supplement, dated October 16, 1998, supplementing
the Basic Prospectus dated December 22, 1994, relating to the
offering by the Company of 5,000,000 shares of common stock, par
value $1.25 per share. The copy of the Prospectus Supplement has
been marked in accordance with Rule 424(e) under the Act.
Any questions with respect to this filing may be
addressed to the undersigned at (724) 838-6770.
Very truly yours,
/s/ Carol G. Russ
Carol G. Russ
cc: Catherine A.Fisher
(Securities and Exchange Commission)
Eileen M. Beck
(Allegheny Energy, Inc.)
Thomas K. Henderson
(Allegheny Energy, Inc.)
Robert E. Buckholz
Adam Kupitz
(Sullivan & Cromwell)
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Prospectus Supplement Dated October 16, 1998 Rule 424(b) (3)
(To Prospectus dated December 22, 1994) File No. 33-57027
ALLEGHENY ENERGY, INC.
(formerly Allegheny Power System, Inc.)
DIVIDEND REINVESTMENT AND STOCK PURCHASE PLAN
COMMON STOCK
(Par Value $1.25)
EFFECTIVE OCTOBER 1, 1998, THERE WILL NO LONGER BE A $3 FEE
TO ENROLL IN SAFEKEEPING OR A $5 FEE TO RECEIVE A PHYSICAL
STOCK CERTIFICATE FOR SHARES ACCUMULATED IN THE DIVIDEND
REINVESTMENT AND STOCK PURCHASE PLAN (PLAN) FOR PARTICIPANTS
IN THE PLAN.
The date of this Prospectus Supplement is October 16, 1998.
