<PAGE>
APPALACHIAN POWER COMPANY
PUTNAM COAL TERMINAL
QUARTERLY REPORT PER REQUIREMENTS
OF HOLDING COMPANY ACT RELEASE NO. 23272
BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 1996
CONTENTS
Page
Statements of Transfer Fees Charged 1
Summary of Costs Incurred 2
<PAGE>
<PAGE>
<TABLE>
APPALACHIAN POWER COMPANY
PUTNAM COAL TERMINAL
STATEMENTS OF TRANSFER FEES CHARGED
BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 1996
<CAPTION>
October 1996 November 1996 December 1996
Tons Unit Price Amount Tons Unit Price Amount Tons Unit Price Amount
(per ton) (000) (per ton) (000) (per ton) (000)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TRANSFER FEES CHARGED
Appalachian Power Company:(a)
-Mountaineer Plant . . 164,175 $2.02 $332 87,521 $2.02 $177 130,819 $2.02 $264
Ohio Power Company:(b)
-Amos Plant (c) . . . . 81,196 N/A 2(d) 119,044 N/A 2(d) 152,346 N/A (17)(e)
-Sporn Plant. . . . . . - - - - - 4 (f)
TOTAL . . . . . . 245,371 $334 206,565 $179 283,165 $251
(a) Excludes any return on investment since the company's investment in the terminal is included in its rate base.
(b) Includes return on investment associated with utilization of the terminal.
(c) Represents monthly settlement with Ohio Power Company in order to equalize the investment in the facilities that are used
in common by the Amos Plant and the Putnam Coal Terminal. The settlement is based on the usage of those facilities and
represents a return on investment and not a transfer fee.
(d) Estimated utilization payment.
(e) Represents year-end adjustment to finalize 1996 estimated utilization payments to actual usage for the facilities.
(f) Represents year-end billing adjustment.
N/A Not Applicable
</TABLE>
<PAGE>
<PAGE>
<TABLE>
APPALACHIAN POWER COMPANY
PUTNAM COAL TERMINAL
SUMMARY OF COSTS INCURRED
BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 1996
<CAPTION>
Three
Months
October November December Ended
1996 1996 1996 12/31/96
(in thousands)
<S> <C> <C> <C> <C>
Salaries and Benefits $ 86 $ 61 $ 58 $205
Depreciation . . . . . 60 60 60 180
Taxes Other Than
Income Taxes*. . . . 17 17 17 51
Materials & Supplies . 9 29 27 65
Electricity. . . . . . 10 10 12 32
Other. . . . . . . . . 58 228 155 441
Total**. . . $240 $405 $329 $974
* Excludes FICA, Federal Unemployment and State Unemployment
taxes. These costs are reflected in employee benefits.
** Excludes cost of capital discussed in the footnotes on page 1.
</TABLE>
