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File No. 70-8503
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________________________
Amendment No. 2 to
FORM U-1
__________________________________
APPLICATION OR DECLARATION
under the
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
* * *
APPALACHIAN POWER COMPANY
40 Franklin Road, Roanoke, Virginia 24022
KANAWHA VALLEY POWER COMPANY
301 Virginia Street East, Charleston, West Virginia 25327
(Name of companies filing this statement and
addresses of principal executive offices)
* * *
AMERICAN ELECTRIC POWER COMPANY, INC.
1 Riverside Plaza, Columbus, Ohio 43215
(Name of top registered holding company
parent of each applicant or declarant)
* * *
G. P. Maloney, Executive Vice President
AMERICAN ELECTRIC POWER SERVICE CORPORATION
1 Riverside Plaza, Columbus, Ohio 43215
John F. DiLorenzo, Jr., Associate General Counsel
AMERICAN ELECTRIC POWER SERVICE CORPORATION
1 Riverside Plaza, Columbus, Ohio 43215
(Names and addresses of agents for service)
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Appalachian Power Company ("APCo") and Kanawha Valley Power
Company ("KVPCo") hereby amend their Application/Declaration on
Form U-1 in File No. 70-8503 by amending Item 1. Description of
Proposed Transaction to add the following paragraph to Section 1.
The Parties:
The merger of KVPCo into APCo would result in savings of
approximately $14,595 annually which is the amount of a FERC
assessment based on wholesale sales between the two parties
and an additional $15,400 annually in costs associated with
the preparation of corporate financial statements and various
regulatory and tax filings as well as for KVPCo, and costs
associated with a separate rate proceeding for KVPCo. The
result is a total annual reduction of costs of approximately
$30,000.
SIGNATURE
Pursuant to the requirements of the Public Utility Holding
Company Act of 1935, the undersigned companies have duly caused
this Amendment No. 2 to Form U-1 to be signed on their behalf by
the undersigned thereunto duly authorized.
APPALACHIAN POWER COMPANY
KANAWHA VALLEY POWER COMPANY
By:___/s/ G. P. Maloney_________
G. P. Maloney, Vice President
Date: February 2, 1995
[95FN0009.APC]
