OHIO VALLEY ELECTRIC CORP
35-CERT, 1995-07-26
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<PAGE>
                    UNITED STATES OF AMERICA

          BEFORE THE SECURITIES AND EXCHANGE COMMISSION


______________________________________________
                                              :
              In the Matter of                :
                                              :
      OHIO VALLEY ELECTRIC CORPORATION        :  CERTIFICATE OF
               Piketon, Ohio                  :  NOTIFICATION
                                              :  NO. 1
                 (70-7969)                    :
                                              :
Public Utility Holding Company Act of 1935    :
______________________________________________:


     THIS IS TO CERTIFY THAT OHIO VALLEY ELECTRIC CORPORATION, in
accordance with the terms and conditions of, and for the purposes
represented by the Application or declaration herein, the order of
the Securities and Exchange Commission with respect thereto, dated
July 22, 1992, and amended April 1, 1993, made no short-term note
borrowings from banks during the calendar quarter ended September
30, 1992.  
     This Certificate of Notification is filed pursuant to the
Commission's Order in this proceeding.

                              OHIO VALLEY ELECTRIC CORPORATION


                              By:__/s/ G. P. Maloney__________
                                 Vice President
Dated:  July 25, 1995



[I:\FINANCE\OVEC\95FN0001.OVE]
</PAGE>

<PAGE>
                    UNITED STATES OF AMERICA

          BEFORE THE SECURITIES AND EXCHANGE COMMISSION


______________________________________________
                                              :
              In the Matter of                :
                                              :
      OHIO VALLEY ELECTRIC CORPORATION        :  CERTIFICATE OF
               Piketon, Ohio                  :  NOTIFICATION
                                              :  NO. 2
                 (70-7969)                    :
                                              :
Public Utility Holding Company Act of 1935    :
______________________________________________:


     THIS IS TO CERTIFY THAT OHIO VALLEY ELECTRIC CORPORATION, in
accordance with the terms and conditions of, and for the purposes
represented by the Application or declaration herein, the order of
the Securities and Exchange Commission with respect thereto, dated
July 22, 1992, and amended April 1, 1993, made short-term note
borrowings from banks during the calendar quarter ended December
31, 1992, as summarized in Exhibit A.  
     This Certificate of Notification is filed pursuant to the
Commission's Order in this proceeding.

                         OHIO VALLEY ELECTRIC CORPORATION


                         By:______/s/ G. P. Maloney______
                            Vice President


Dated:  July 25, 1995

/PAGE
<PAGE>
<PAGE>
<TABLE>
                            EXHIBIT A
<CAPTION>

ISSUE     MATURITY            INTEREST  PRINCIPAL 
DATE      DATE      DAYS      RATE %    BORROWED
<S>       <C>       <C>       <C>       <C>

12/18/92  6/18/93   182       4.5000    $10,000,000.00


</TABLE>

[I:\FINANCE\OVEC\95FN0002.OVE]

</PAGE>

<PAGE>
                    UNITED STATES OF AMERICA

          BEFORE THE SECURITIES AND EXCHANGE COMMISSION


______________________________________________
                                              :
              In the Matter of                :
                                              :
      OHIO VALLEY ELECTRIC CORPORATION        :  CERTIFICATE OF
               Piketon, Ohio                  :  NOTIFICATION
                                              :  NO. 3
                 (70-7969)                    :
                                              :
Public Utility Holding Company Act of 1935    :
______________________________________________:


     THIS IS TO CERTIFY THAT OHIO VALLEY ELECTRIC CORPORATION, in
accordance with the terms and conditions of, and for the purposes
represented by the Application or declaration herein, the order of
the Securities and Exchange Commission with respect thereto, dated
July 22, 1992, and amended April 1, 1993, made short-term note
borrowings from banks during the calendar quarter ended March 31,
1993, as summarized in Exhibit A.  
     This Certificate of Notification is filed pursuant to the
Commission's Order in this proceeding.  

                         OHIO VALLEY ELECTRIC CORPORATION


                         By:___/s/ G. P. Maloney_________
                            Vice President


Dated:  July 25, 1995
</PAGE>
<PAGE>
<PAGE>
<TABLE>
                            EXHIBIT A
<CAPTION>

ISSUE     MATURITY            INTEREST       PRINCIPAL
DATE      DATE      DAYS      RATE %         BORROWED
<S>       <C>       <C>       <C>            <C>

2/8/93    5/10/93   91        4.0625         $ 6,000,000.00


</TABLE>


[I:\FINANCE\OVEC\95FN0003.OVE]

</PAGE>

<PAGE>
                    UNITED STATES OF AMERICA

          BEFORE THE SECURITIES AND EXCHANGE COMMISSION


______________________________________________
                                              :
              In the Matter of                :
                                              :
      OHIO VALLEY ELECTRIC CORPORATION        :  CERTIFICATE OF
               Piketon, Ohio                  :  NOTIFICATION
                                              :  NO. 4
                 (70-7969)                    :
                                              :
Public Utility Holding Company Act of 1935    :
______________________________________________:


     THIS IS TO CERTIFY THAT OHIO VALLEY ELECTRIC CORPORATION, in
accordance with the terms and conditions of, and for the purposes
represented by the Application or declaration herein, the order of
the Securities and Exchange Commission with respect thereto, dated
July 22, 1992, and amended April 1, 1993, made short-term note
borrowings from banks during the calendar quarter ended June 30,
1993, as summarized in Exhibit A.  
     This Certificate of Notification is filed pursuant to the
Commission's Order in this proceeding.

                         OHIO VALLEY ELECTRIC CORPORATION


                         By:_/s/ G. P. Maloney___________
                            Vice President


Dated:  July 25, 1995
</PAGE>
<PAGE>
<PAGE>
<TABLE>
                            EXHIBIT A
<CAPTION>

ISSUE     MATURITY            INTEREST       PRINCIPAL
DATE      DATE      DAYS      RATE %         BORROWED
<S>       <C>       <C>       <C>            <C>

4/26/93   6/25/93    60       4.0000         $ 6,000,000.00
5/10/93   6/10/93    31       3.9375           6,000,000.00
6/10/93   12/7/93   180       4.1600           6,000,000.00
6/18/93   7/19/93    31       3.7500          10,000,000.00
6/25/93   7/09/93    14       3.7625           7,000,000.00



</TABLE>

[I:\FINANCE\OVEC\95FN0004.OVE]
</PAGE>

<PAGE>
                    UNITED STATES OF AMERICA

          BEFORE THE SECURITIES AND EXCHANGE COMMISSION


______________________________________________
                                              :
              In the Matter of                :
                                              :
      OHIO VALLEY ELECTRIC CORPORATION        :  CERTIFICATE OF
               Piketon, Ohio                  :  NOTIFICATION
                                              :  NO. 5
                 (70-7969)                    :
                                              :
Public Utility Holding Company Act of 1935    :
______________________________________________:


     THIS IS TO CERTIFY THAT OHIO VALLEY ELECTRIC CORPORATION, in
accordance with the terms and conditions of, and for the purposes
represented by the Application or declaration herein, the order of
the Securities and Exchange Commission with respect thereto, dated
July 22, 1992, and amended April 1, 1993, made short-term note
borrowings from banks during the calendar quarter ended September
30, 1993, as summarized in Exhibit A.  
     This Certificate of Notification is filed pursuant to the
Commission's Order in this proceeding.  

                         OHIO VALLEY ELECTRIC CORPORATION


                         By:____/s/ G. P. Maloney________
                            Vice President


Dated:  July 25, 1995
</PAGE>
<PAGE>
<PAGE>
<TABLE>
                            EXHIBIT A
<CAPTION>



ISSUE          MATURITY                 INTEREST  PRINCIPAL
DATE           DATE           DAYS      RATE %    BORROWED
<S>            <C>            <C>       <C>       <C>

9/08/93        3/07/94        180       3.9200    $10,000,000.00



</TABLE>


[I:\FINANCE\OVEC\95FN0005.OVE]
</PAGE>

<PAGE>
                    UNITED STATES OF AMERICA

          BEFORE THE SECURITIES AND EXCHANGE COMMISSION


______________________________________________
                                              :
              In the Matter of                :
                                              :
      OHIO VALLEY ELECTRIC CORPORATION        :  CERTIFICATE OF
               Piketon, Ohio                  :  NOTIFICATION
                                              :  NO. 6
                 (70-7969)                    :
                                              :
Public Utility Holding Company Act of 1935    :
______________________________________________:


     THIS IS TO CERTIFY THAT OHIO VALLEY ELECTRIC CORPORATION, in
accordance with the terms and conditions of, and for the purposes
represented by the Application or declaration herein, the order of
the Securities and Exchange Commission with respect thereto, dated
July 22, 1992, and amended April 1, 1993, made no short-term note
borrowings from banks during the calendar quarter ended December
31, 1993.  
     This Certificate of Notification is filed pursuant to the
Commission's Order in this proceeding.
                         OHIO VALLEY ELECTRIC CORPORATION


                         By:____/s/ G. P. Maloney________
                            Vice President
Dated:  July 25, 1995


[I:\FINANCE\OVEC\95FN0006.OVE]

</PAGE>


<PAGE>
                    UNITED STATES OF AMERICA

          BEFORE THE SECURITIES AND EXCHANGE COMMISSION


______________________________________________
                                              :
              In the Matter of                :
                                              :
      OHIO VALLEY ELECTRIC CORPORATION        :  CERTIFICATE OF
               Piketon, Ohio                  :  NOTIFICATION
                                              :  NO. 7
                 (70-7969)                    :
                                              :
Public Utility Holding Company Act of 1935    :
______________________________________________:


     THIS IS TO CERTIFY THAT OHIO VALLEY ELECTRIC CORPORATION, in
accordance with the terms and conditions of, and for the purposes
represented by the Application or declaration herein, the order of
the Securities and Exchange Commission with respect thereto, dated
July 22, 1992, and amended April 1, 1993, made short-term note
borrowings from banks during the calendar quarter ended March 31,
1994, as summarized in Exhibit A.
     This Certificate of Notification is filed pursuant to the
Commission's Order in this proceeding.

                         OHIO VALLEY ELECTRIC CORPORATION


                         By:___/s/ G. P. Maloney_________
                            Vice President


Dated:  July 25, 1995

/PAGE
<PAGE>
<PAGE>
<TABLE>
                            EXHIBIT A
<CAPTION>



ISSUE     MATURITY            INTEREST       PRINCIPAL
DATE      DATE      DAYS      RATE %         BORROWED
<S>       <C>       <C>       <C>            <C>

3/07/94   9/07/94   184       4.6250         $ 5,000,000.00



</TABLE>


[I:\FINANCE\OVEC\95FN0007.OVE]
</PAGE>


<PAGE>
                    UNITED STATES OF AMERICA

          BEFORE THE SECURITIES AND EXCHANGE COMMISSION


______________________________________________
                                              :
              In the Matter of                :
                                              :
      OHIO VALLEY ELECTRIC CORPORATION        :  CERTIFICATE OF
               Piketon, Ohio                  :  NOTIFICATION
                                              :  NO. 8
                 (70-7969)                    :
                                              :
Public Utility Holding Company Act of 1935    :
______________________________________________:


     THIS IS TO CERTIFY THAT OHIO VALLEY ELECTRIC CORPORATION, in
accordance with the terms and conditions of, and for the purposes
represented by the Application or declaration herein, the order of
the Securities and Exchange Commission with respect thereto, dated
July 22, 1992, and amended April 1, 1993, made short-term note
borrowings from banks during the calendar quarter ended June 30,
1994, as summarized in Exhibit A.  
     This Certificate of Notification is filed pursuant to the
Commission's Order in this proceeding.

                         OHIO VALLEY ELECTRIC CORPORATION


                         By:_____/s/ G. P. Maloney_______
                            Vice President


Dated:  July 25, 1995

/PAGE
<PAGE>
<PAGE>
<TABLE>
                            EXHIBIT A
<CAPTION>

ISSUE     MATURITY                 INTEREST       PRINCIPAL
DATE      DATE           DAYS      RATE %         BORROWED
<S>       <C>            <C>       <C>            <C>      

4/20/94   10/20/94       183       5.1250         $ 5,000,000.00 



</TABLE>

[I:\FINANCE\OVEC\95FN0008.OVE]
</PAGE>

<PAGE>
                    UNITED STATES OF AMERICA

          BEFORE THE SECURITIES AND EXCHANGE COMMISSION


______________________________________________
                                              :
              In the Matter of                :
                                              :
      OHIO VALLEY ELECTRIC CORPORATION        :  CERTIFICATE OF
               Piketon, Ohio                  :  NOTIFICATION
                                              :  NO. 9
                 (70-7969)                    :
                                              :
Public Utility Holding Company Act of 1935    :
______________________________________________:


     THIS IS TO CERTIFY THAT OHIO VALLEY ELECTRIC CORPORATION, in
accordance with the terms and conditions of, and for the purposes
represented by the Application or declaration herein, the order of
the Securities and Exchange Commission with respect thereto, dated
July 22, 1992, and amended April 1, 1993, made no short-term note
borrowings from banks during the calendar quarter ended September
30, 1994.  
     This Certificate of Notification is filed pursuant to the
Commission's Order in this proceeding.


                         OHIO VALLEY ELECTRIC CORPORATION


                         By:____/s/ G. P. Maloney________
                            Vice President


Dated:  July 25, 1995



[I:\FINANCE\OVEC\95FN0009.OVE]

</PAGE>


<PAGE>
                    UNITED STATES OF AMERICA

          BEFORE THE SECURITIES AND EXCHANGE COMMISSION


______________________________________________
                                              :
              In the Matter of                :
                                              :
      OHIO VALLEY ELECTRIC CORPORATION        :  CERTIFICATE OF
               Piketon, Ohio                  :  NOTIFICATION
                                              :  NO. 10
                 (70-7969)                    :
                                              :
Public Utility Holding Company Act of 1935    :
______________________________________________:


     THIS IS TO CERTIFY THAT OHIO VALLEY ELECTRIC CORPORATION, in
accordance with the terms and conditions of, and for the purposes
represented by the Application or declaration herein, the order of
the Securities and Exchange Commission with respect thereto, dated
July 22, 1992, and amended April 1, 1993, made short-term note
borrowings from banks during the calendar quarter ended December
31, 1994, as summarized in Exhibit A.  
     Ohio Valley Electric Corporation files herewith as Exhibit B
a "past tense" Opinion of Counsel as to all of the transactions
authorized by the Order.
     This Certificate of Notification is filed pursuant to the
Commission's Order in this proceeding. 

                         OHIO VALLEY ELECTRIC CORPORATION


                         By:____/s/ G. P. Maloney________
                            Vice President

Dated:  July 25, 1995

/PAGE
<PAGE>
<PAGE>
<TABLE>
                            EXHIBIT A
<CAPTION>

ISSUE          MATURITY            INTEREST       PRINCIPAL
DATE           DATE      DAYS      RATE %         BORROWED
<S>            <C>       <C>       <C>            <C>

10/20/94       4/20/95   182       6.3125         $ 2,500,000.00 
11/21/94       5/19/95   179       6.6100          10,000,000.00
11/29/94       3/29/95    90       6.7500           5,000,000.00
11/29/94       3/29/95    90       7.1250           5,000,000.00 





</TABLE>
/PAGE
<PAGE>
<PAGE>




EXHIBIT B



614-223-1632



July 25, 1995




Securities and Exchange Commission
Office of Public Utility Regulation
450 Fifth Street, N.W.
Washington, D.C.  20549-1004

Gentlemen:

I have acted as counsel for Ohio Valley Electric Corporation
("OVEC") in connection with the authorization of OVEC to
issue and sell short-term notes ("Notes") to various banks,
through December 31, 1994, in aggregate principal amounts
not to exceed $25 million outstanding at any one time
pursuant to Release No. 35-25586, dated July 22, 1992, and
Release No. 35-25780, dated April 1, 1993.  The Notes would
mature not more than 270 days after the date of issuance or
renewal, provided that none would mature later than June 30,
1995, all as specified in the Application or Declaration on
Form U-1 and all amendments thereto filed with your
Commission in File No. 70-7969.

In connection with said program, I have examined, among
other things, the following: the Application or Declaration
on Form U-1 and all amendments thereto filed by OVEC in File
No. 70-7969; resolutions adopted by the Board of Directors
of OVEC, authorizing the program and the filing of said
Application or Declaration on Form U-1; and the Orders of
the Securities and Exchange Commission authorizing the
foregoing transactions.

In my opinion, (a) all requisite action has been taken that
was necessary to make valid the authorization to issue and
sell short-term notes by OVEC; (b) the transactions were
carried out in accordance with the Application or
Declaration on Form U-1 -- the transactions having been made
as described in Certificates of Notification previously
filed with your Commission; (c) OVEC is a validly organized
and duly existing corporations; and, (d) consummation of the
transactions did not violate the legal rights of the holders
of any securities issued by the applicant or declarant or
any associate company thereof.

Very truly yours,

/s/ Jack M. Adams, Jr.

Jack M. Adams, Jr. 

JMA/brh

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</PAGE>



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