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, 1997
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, 1997
<CAPTION>
October 1997 November 1997 December 1997
Tons Fee Amount Tons Fee Amount Tons Fee Amount
(per ton) (000) (per ton) (000) (per ton) (000)
TRANSFER FEES CHARGED
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Appalachian Power
Company:(a)
-Mountaineer Plant. . . 156,087 $2.84 $443 153,974 $2.84 $437 71,277 $2.84 $202
-Sporn Plant. . . . . . - - - - - - 1,727 2.84 5
Ohio Power Company:(b)
-Amos Plant(c). . . . . 114,670 N/A 1(d) 140,920 N/A 1(d) 133,939 N/A 19(e)
-Sporn Plant. . . . . . - - - - - - 4,638 - 20(f)
TOTAL . . . . . . 270,757 $444 294,894 $438 211,581 $246
(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 the 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 1997 estimated utilization to actual billing for the facilities.
(f) Includes year-end billing adjustment of $7,000 for utilization of the facilities.
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, 1997
<CAPTION>
Three
Months
October November December Ended
1997 1997 1997 12/31/97
(in thousands)
<S> <C> <C> <C> <C>
Salaries and Benefits. $ 65 $ 50 $ 57 $172
Depreciation . . . . . 60 60 60 180
Taxes Other Than
Income Taxes*. . . . 15 15 15 45
Materials & Supplies . 13 8 11 32
Electricity. . . . . . 7 (13)(a) 7 1
Other. . . . . . . . . 93 86 155 334
Total**. . . $253 $206 $305 $764
* Excludes FICA, Federal Unemployment and State Unemployment.
These costs are reflected in employee benefits.
** Excludes cost of capital discussed in the footnotes on page
1.
(a) Net Credit consists of: $7,000 Monthly Electricity and
$20,000 Credit Adjustments, ($6,000 for 1996 and $14,000 for
1997) due to recalculation of the average cost per KWH.
</TABLE>
