OHIO VALLEY ELECTRIC CORP
35-CERT, 1999-10-04
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                           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
                 (70-8527)                    :
                                              :
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 December 28, 1994,  amended December 12,
1996 and March 4, 1998,  made  short-term  note borrowings from banks during the
calendar quarter ended September 30, 1999, 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/ John F. Di Lorenzo, Jr.
                                      Assistant Secretary
Dated:  October 1, 1999

<PAGE>
<TABLE>
                                                        EXHIBIT A
<CAPTION>

  SHORT TERM        ISSUE        MATURITY              INTEREST       PRINCIPAL                            MATURITY
   DEBT TYPE        DATE           DATE        DAYS     RATE %         BORROWED          INTEREST           VALUE
      <S>            <C>            <C>        <C>       <C>             <C>               <C>               <C>
      BL           8/11/1999     02/07/2000    180      6.36       10,000,000.00       318,000.00      10,318,000.00
      BL           8/16/1999     09/30/1999     45      6.39        5,000,000.00        39,937.50       5,039,937.50
      BL           9/30/1999     03/28/2000    180      7.10        5,000,000.00       177,500.00       5,177,500.00

</TABLE>


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