COMMISSION
WASHINGTON UTILITIES AND       )
TRANSPORTATION COMMISSION,     )  Docket No. UE-971422
          Complainant,         )  Volume 3
     vs.                       )  Pages 291 - 395
THE WASHINGTON WATER POWER     )
COMPANY,                       )
          Respondent.          )
-----------------------------  )
          A hearing in the above matter was held on 
March 16, 1998 at 9:09 a.m. at 1300 South Evergreen 
Park Drive Southwest, Olympia, Washington, before 
Chairwoman ANNE LEVINSON, Commissioners RICHARD 
HEMSTAD, WILLIAM R. GILLIS and Administrative Law 
Judge MARJORIE R. SCHAER.

          The parties were present as follows:
          WASHINGTON UTILITIES AND TRANSPORTATION 
COMMISSION STAFF, by ROBERT CEDARBAUM, Assistant 
Attorney General, 1400 South Evergreen Park Drive 
Southwest, Olympia, Washington 98504.

          THE WASHINGTON WATER POWER COMPANY, by DAVID 
MEYER, Attorney at Law, 1200 Washington Trust 
Building, Spokane, Washington 97203.

          INDUSTRIAL CUSTOMERS OF NORTHWEST UTILITIES, 
by BRAD VAN CLEVE, Attorney at Law, 1300 SW Fifth 
Street, Suite 2915, Portland, Oregon 97201.

          FOR THE PUBLIC, SIMON FFITCH, Assistant 
Attorney General, 900 Fourth Avenue, Suite 2000, 
Seattle, Washington 98164 (via bridge).

Cheryl Macdonald, CSR 
Court Reporter
                      I N D E X

WITNESS:            PAGE
DUKICH, ELGIN       301
HIRSCHKORN

CLINTON             374

EXHIBITS             MARKED            ADMITTED
32                    295               300
33                    295               300
                P R O C E E D I N G S
           JUDGE SCHAER:  This