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Pricing Supplement Dated September 22, 1998 Rule 424(b) (2)
(To Prospectus dated July 31, 1997, and File No. 333-31493
Prospectus Supplement dated November 14,1997)
MONONGAHELA POWER COMPANY
Medium-Term Notes - Fixed Rate
Principal Amount: $1,975,000 Interest Rate: 5.71%
Agents Discount or Commission: .50% Stated Maturity Date: 09/25/2003
Nets Proceeds to Issuer: $1,965,125 Original Issue Date: 09/25/1998
Interest Payment Date(s): March 1 and September 1
Redemption:
: X The Notes cannot be redeemed prior to the Stated Maturity Date.
: The Notes may be redeemed prior to the Stated Maturity Date.
Initial Redemption Date:
Initial Redemption Percentage: ______%
Annual Redemption Percentage Reduction: ____% until Redemption
Percentage is 100% of the Principal Amount.
Optional Repayment:
: X The Notes cannot be repaid prior to the Stated Maturity Date
: The Notes can be repaid prior to the Stated Maturity Date at the
option of the holder of the Notes.
Optional Repayment Date(s):
Repayment Price: ______ %
Currency:
Specified Currency: ____________US____________ (If other than
U.S. dollars, see attached)
Minimum Denominations: ________________ (Applicable only if
Specified Currency is other than U.S. dollars)
Original Issue Discount: : Yes : No X
Total Amount of OID: Yield to Maturity:
Initial Accrual Period: Issue Price: ____%
Form: X: Book-Entry : Certificated
Agent: Goldman Sachs
Agent acting in the capacity as indicated below:
X: Agent Principal
If as principal:
: The Notes are being offered at varying prices related to
prevailing market prices at the time of resale.
: The Notes are being offered at a fixed initial public
offering price of % of Principal Amount.
If as Agent:
The Notes are being offered at a fixed initial public offering
price of 100% of Principal Amount.
Other Provisions:
Unsecured
