ࡱ> FG l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1 Courier New1 Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)-**_($* #,##0_);_($* (#,##0);_($* "-"_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* "-"_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* "-"??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* "-"??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)6 0%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0)                + ) , *   Ј ~~ ؈ ~~#؈ ~~#؈ ~~"؈ ~~ ؈ ~~8#܈ ~~7#܈ ~~83ffff̙̙3f3fff3f3f33333f33&CCALCULATION OF REGISTRATION FEE&REPRESENTATION TO THE CONTRARY %SELECTED FINANCIAL INFORMATION'CAPITALIZATION1 UNDERWRITINGN:37 PAGE!HEWHEAT FIRST BUTCHER SINGER?MITEM 16 EXHIBITSZ II1 PAGE&sb PHILIP W NICHOLS ATTORNEYINFAC$TtAND PREFERRED STOCK DIVIDENDS l  &`  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !REPRESENTATION TO THE CONTRARY  SELECTED FINANCIAL INFORMATIONCAPITALIZATION UNDERWRITING 37 PAGEWHEAT FIRST BUTCHER SINGERITEM 16 EXHIBITS  II1 PAGE! PHILIP W NICHOLS ATTORNEYINFACAND PREFERRED STOCK DIVIDENDSU } }  } } *}  &     $VIRGINIA ELECTRIC & POWER CO S-3/A 08/21/1995'CALCULATION OF REGISTRATION FEE     PROPOSED PROPOSED  AMOUNT MAXIMUM MAXIMUM TITLE OF SECURITIES BEING OFFERING PRICE  AGGREGATE  AMOUNT OFBEING REGISTERED REGISTERED PER UNIT (1)+#OFFERING PRICE (1) REGISTRATION FEEVirginia Power Capital Trust I Preferred Securities~ I 100%~ / ~ bVirginia Electric and Power Company Subordinated Notes, Series A(2)Virginia Electric and  Power Company Preferred Securities Guarantee(2)(3)DlznbVJ>2:{] u]! !"#$%     !"$#____________________________1$)Created by Morningstar Document Research.0%(http://documentresearch.morningstar.com/]d=PF0*8X> @%%$$## l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !CALCULATION OF REGISTRATION FEE SELECTED FINANCIAL INFORMATIONCAPITALIZATION UNDERWRITING 37 PAGEWHEAT FIRST BUTCHER SINGERITEM 16 EXHIBITS  II1 PAGE! PHILIP W NICHOLS ATTORNEYINFACAND PREFERRED STOCK DIVIDENDSU } $} y } +}        $VIRGINIA ELECTRIC & POWER CO S-3/A 08/21/1995=5REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.  Price To  Underwriting  Proceeds to  , $Public(1) Discount(2)(3) Trust(2)(3)   Per Preferred Security % % % Total$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0L4UI=1wkC=PF0*8X> @ l  "&'  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !CALCULATION OF REGISTRATION FEE!REPRESENTATION TO THE CONTRARY CAPITALIZATION UNDERWRITING 37 PAGEWHEAT FIRST BUTCHER SINGERITEM 16 EXHIBITS  II1 PAGE! PHILIP W NICHOLS ATTORNEYINFACAND PREFERRED STOCK DIVIDENDSU } *}  }  } }  "     $VIRGINIA ELECTRIC & POWER CO S-3/A 08/21/1995&SELECTED FINANCIAL INFORMATION   12 MONTHS  ENDED   YEARS  JUNE 30,  1995 1994 1993 1992 1991 1990 %Operating revenues (millions)~ z@~ .A~ nA~ 9~ 9~ 6#Operating income (millions)~  ~ n ~  ~  ~  ~  *"Income before cumulative effect of)! a change in accounting principle (millions)~ V~ ~ ~ "~ ~  ( Cumulative effect of a change in( accounting principle (millions) 14Net income (millions)~ V~ ~ ~ Z~ ~  %Ratio of earnings to combined*" fixed charges and preferred stock dividendsHzG@333333@{Gz@= ףp=@Q@Gz@$____________________________Dl{ocWK*XL@4<vJ#x !1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @!!  l   G1  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !CALCULATION OF REGISTRATION FEE!REPRESENTATION TO THE CONTRARY  SELECTED FINANCIAL INFORMATION UNDERWRITING 37 PAGEWHEAT FIRST BUTCHER SINGERITEM 16 EXHIBITS  II1 PAGE! PHILIP W NICHOLS ATTORNEYINFACAND PREFERRED STOCK DIVIDENDSU } >} m} <      $VIRGINIA ELECTRIC & POWER CO S-3/A 08/21/1995CAPITALIZATION  AS OF   JUNE 30, 1995  ACTUAL  PRO FORMA(*)  Long-Term Debt~ =~ =:2Company-Obligated Mandatorily Redeemable Preferred)! Securities of Subsidiary Trust**~ Preferred Stock-% Not Subject to Mandatory Redemption~ J ~ )! Subject to Mandatory Redemption~ v~ ! Total Preferred Stock~  ~  Common Stock Equity~ >~ >  Total Capitalization~ "~ F$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/Dlsg[>KS/O+=PF0*8X> @ l  9  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !CALCULATION OF REGISTRATION FEE!REPRESENTATION TO THE CONTRARY  SELECTED FINANCIAL INFORMATIONCAPITALIZATION 37 PAGEWHEAT FIRST BUTCHER SINGERITEM 16 EXHIBITS  II1 PAGE! PHILIP W NICHOLS ATTORNEYINFACAND PREFERRED STOCK DIVIDENDSU } m)}       $VIRGINIA ELECTRIC & POWER CO S-3/A 08/21/1995 UNDERWRITING   NUMBER OF   PREFERRED NAME  SECURITIES  Lehman Brothers Inc.!Dean Witter Reynolds Inc.!A.G. Edwards & Sons, Inc. PaineWebber Incorporated*"Prudential Securities IncorporatedSmith Barney Inc.%Wheat, First Securities, Inc. Total~ I$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@Dui]<gC|pd<=PF0*8X> @ l  #CD  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !CALCULATION OF REGISTRATION FEE!REPRESENTATION TO THE CONTRARY  SELECTED FINANCIAL INFORMATIONCAPITALIZATION UNDERWRITINGWHEAT FIRST BUTCHER SINGERITEM 16 EXHIBITS  II1 PAGE! PHILIP W NICHOLS ATTORNEYINFACAND PREFERRED STOCK DIVIDENDSU }   Page    Available Information~ 7/Incorporation of Certain Documents by Reference~ Prospectus Summary~  Risk Factors~ &Virginia Power Capital Trust I~ *&Selected Financial Information~ .Use of Proceeds~ 2/'Description of the Preferred Securities~ 2$Description of the Guarantee~ V4,Description of the Junior Subordinated Notes~ ^RJRelationship among the Preferred Securities, Junior Subordinated Notes and the Guarantee~ v1)Certain Federal Income Tax Considerations~ ~ Underwriting~  Legal Matters~ Experts~ Glossary~ D1lx`H0`4u4b:g !"$ ____________________________1!)Created by Morningstar Document Research.0"(http://documentresearch.morningstar.com/ (=PF0*8X> @""!!  l  L  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !CALCULATION OF REGISTRATION FEE!REPRESENTATION TO THE CONTRARY  SELECTED FINANCIAL INFORMATIONCAPITALIZATION UNDERWRITING 37 PAGEITEM 16 EXHIBITS  II1 PAGE! PHILIP W NICHOLS ATTORNEYINFACAND PREFERRED STOCK DIVIDENDSU } 0.}       $VIRGINIA ELECTRIC & POWER CO S-3/A 08/21/1995"WHEAT FIRST BUTCHER SINGER . &Securities and Exchange Commission Fee~ b$ Fees and Expense of Trustees~ q Printing Expenses~   Counsel Fees~ "Rating Agency Fees~  Listing Fees~ Accountant's Fees~ " Miscellaneous~ 2> Total~ G$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8,sg[OC|P*ymE=PF0*8X> @ l  $ YUZ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !CALCULATION OF REGISTRATION FEE!REPRESENTATION TO THE CONTRARY  SELECTED FINANCIAL INFORMATIONCAPITALIZATION UNDERWRITING 37 PAGEWHEAT FIRST BUTCHER SINGER  II1 PAGE! PHILIP W NICHOLS ATTORNEYINFACAND PREFERRED STOCK DIVIDENDSU } $} yU $     $VIRGINIA ELECTRIC & POWER CO S-3/A 08/21/1995ITEM 16. EXHIBITS. ~ @ 8Form of Underwriting Agreement for Preferred Securities.  4(a)O GForm of Subordinated Note Indenture between Virginia Electric and Power . &Company and Chemical Bank, as Trustee.  4(b)J BForm of Supplemental Indenture between Virginia Electric and Power.&Company and Chemical Bank, as Trustee.  4(c):2Trust Agreement of Virginia Power Capital Trust I.  4(d)5-Form of Amended and Restated Trust Agreement.  4(e)D<Form of Preferred Security (included in Exhibit 4(d) above).  4(f)KCForm of Junior Subordinated Notes (included in Exhibit 4(b) above).  4(g)?7Form of Guarantee with respect to Preferred Securities.  4(h)>6Certificate of Trust (included in Exhibit 4(d) above).  5(a)1)Opinion and Consent of Hunton & Williams.  5(b)91Opinion and Consent of Potter Anderson & Corroon.~ ")!Tax opinion of Hunton & Williams. *12G?Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends.*23(a))!Consent of Deloitte & Touche LLP. 23(b)IAConsent of Hunton & Williams is contained in Exhibits 5(a) and 8. 23(c)JBConsent of Potter Anderson & Corroon is contained in Exhibit 5(b).~ bMEPowers of Attorney with respect to the Company officers and directors(included herein).D l{ocWKWk!h{-v7x !"# $!____________________________1")Created by Morningstar Document Research.0#(http://documentresearch.morningstar.com/ <=PF0*8X> @##""!! l  a  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !CALCULATION OF REGISTRATION FEE!REPRESENTATION TO THE CONTRARY  SELECTED FINANCIAL INFORMATIONCAPITALIZATION UNDERWRITING 37 PAGEWHEAT FIRST BUTCHER SINGERITEM 16 EXHIBITS! PHILIP W NICHOLS ATTORNEYINFACAND PREFERRED STOCK DIVIDENDSU } } V      $VIRGINIA ELECTRIC & POWER CO S-3/A 08/21/1995<> II-1   25(a)P HStatement of eligibility and qualification of Chemical Bank with respect  to the $ Subordinated Note Indenture. 25(b)P HStatement of eligibility and qualification of Chemical Bank with respectto the Guarantee. 25(c)PHStatement of eligibility and qualification of Chemical Bank with respect to the Trust.$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0sg[O3 th@=PF0*8X> @ l  3ms  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !CALCULATION OF REGISTRATION FEE!REPRESENTATION TO THE CONTRARY  SELECTED FINANCIAL INFORMATIONCAPITALIZATION UNDERWRITING 37 PAGEWHEAT FIRST BUTCHER SINGERITEM 16 EXHIBITS  II1 PAGEAND PREFERRED STOCK DIVIDENDSU } I } F}  3     $VIRGINIA ELECTRIC & POWER CO S-3/A 08/21/1995jb_________________________________ PHILIP W. NICHOLS ATTORNEY-IN-FACT II-5 INDEX TO EXHIBITS    SEQUENTIAL EXHIBIT  PAGE NUMBER  DESCRIPTION NUMBER  ~ @8Form of Underwriting Agreement for Preferred Securities.  4(a)<4Form of Subordinated Note Indenture between VirginiaA9Electric and Power Company and Chemical Bank, as Trustee.  4(b)@8Form of Supplemental Indenture between Virginia Electric80and Power Company and Chemical Bank, as Trustee.  4(c):2Trust Agreement of Virginia Power Capital Trust I.  4(d)5-Form of Amended and Restated Trust Agreement.  4(e)<4Form of Preferred Security (included in Exhibit 4(d)above).  4(f)>6Form of Junior Subordinated Notes (included in Exhibit 4(b) above).  4(g)?7Form of Guarantee with respect to Preferred Securities.  4(h)>6Certificate of Trust (included in Exhibit 4(d) above).  5(a)1)Opinion and Consent of Hunton & Williams.  5(b)91Opinion and Consent of Potter Anderson & Corroon.~ ")!Tax opinion of Hunton & Williams. *12A9Ratio of Earnings to Combined Fixed Charges and PreferredD l7+ocWKWk!^:M !"#$%&'()*+,-./012  Stock Dividends.!*23(a))!!Consent of Deloitte & Touche LLP." 23(b)="5Consent of Hunton & Williams is contained in Exhibits## 5(a) and 8.$ 23(c)<$4Consent of Potter Anderson & Corroon is contained in%% Exhibit 5(b).~ &b?&7Powers of Attorney with respect to the Company officers'(' and directors (included herein).( 25(a)>(6Statement of eligibility and qualification of Chemical)=)5Bank with respect to the Subordinated Note Indenture.* 25(b)>*6Statement of eligibility and qualification of Chemical+++#Bank with respect to the Guarantee., 25(c)>,6Statement of eligibility and qualification of Chemical-'-Bank with respect to the Trust../$0____________________________11)Created by Morningstar Document Research.02(http://documentresearch.morningstar.com/*hF#[#.h\P(=PF0*8X> @221100 l  <~  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !CALCULATION OF REGISTRATION FEE!REPRESENTATION TO THE CONTRARY  SELECTED FINANCIAL INFORMATIONCAPITALIZATION UNDERWRITING 37 PAGEWHEAT FIRST BUTCHER SINGERITEM 16 EXHIBITS  II1 PAGE! PHILIP W NICHOLS ATTORNEYINFACU } I"}  }  <     $VIRGINIA ELECTRIC & POWER CO S-3/A 08/21/1995%AND PREFERRED STOCK DIVIDENDS   12 Months  Ended  June 30,  1995 1994 1993 1992 1991 1990  Net Income~ ~ J~ ~ F~ N~ |Add: Income Taxes~ M ~  ~ ~ ~ ~ =~ ^ Total Pretax Net Income~ $~ ^)~ .~ )~ +~ &(Fixed Charges: Interest on Long-Term Debt~ @~ b~ Q~ \~ |~ ޾ Other Interest~ >~ u~ *~ z~ v~ # Estimated Interest Factor" of Rents Charged to Op-# erating Expenses, Clear-! ing and Other Accounts~ m~ ro~ rX~ ^a~ >~ Total Fixed Charges~ @~ ε~ ~ ~ >~ zD ldL4:.";px !"#$%&'()*+,-./0123456789:; Earnings as Defined~ @8~ .;~ B~ z>~ 6B~ z@!!!!!!!"Ratio of Pretax Income# of Net Income#?#?#)\(?#333333?#Gz?#Q?$%Preferred Div. Req.~ %~ %~ %~ %:~ %&$~ %:&Portion Allowable as' Deduction for Federal( Income Taxes~ (V~ (V~ (V~ (~ ("~ (J)))))))* Difference~ *~ *6~ *2~ *v~ *~ *+Times Pretax Ratio~ +~ +~ +B~ +F~ +~ +v1,Preferred Divd. Factor~ ,"~ ,2~ ,~ , ~ ,~ ,8-Fixed Charges as Above~ -@~ -ε~ -~ -~ ->~ -z....... /Total Fixed Charges and 0 Preferred Divd. Factor~ 0c~ 0~ 0~ 0”~ 0l~ 06/11111112Ratio of Earnings to #3 Combined Fixed Charges and34 Preferred Stock5 Dividends5HzG@5333333@5{Gz@5= ףp=@5Q@5Gz@666666678$9____________________________1:)Created by Morningstar Document Research.0;(http://documentresearch.morningstar.com/< 9c3GX~=PF0*8X> @;;::99 Root Entry FBook    !"#$%&'()*+,-./0123456789:;<=>?@ABCDE