CURRENT REPORT

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to section 13 or 15(d) of

The Securities Exchange Act of 1934

 

Date of Report: May 9, 2003

(Date of earliest event reported)

 

Virginia Electric and Power Company.

(Exact name of registrant as specified in its charter)

 

Virginia

  

1-2255

  

54-0418825

(State or other jurisdiction of

incorporation or organization)

  

(Commission

File Number)

  

(I.R.S. Employer

Identification No.)

 

701 East Cary Street

Richmond, Virginia 23219

(804) 819-2000

(Address including zip code, and telephone number, including area code, of registrant’s principal executive offices)

 

(Former name or former address, if changed since last report.)

ITEM 5.    OTHER EVENTS

 

Effective January 1, 2003, Virginia Electric and Power Company (the Company) realigned its internal and external reporting structure to include its electric transmission operations in the Energy segment. Prior to January 1, 2003, electric transmission operations had been included in the Delivery segment.

 

The following items from the Company’s Annual Report on Form 10-K for the year ended December 31, 2002 have been reformatted to reflect the current segment structure of the Company and are presented in Exhibits 99.1 through 99.4:

 

  •   Portions of Item 1. Business
  •   Portions of Item 2. Properties
  •   Portions of Management’s Discussion and Analysis of Financial Condition and Results of Operations
  •   Notes 1 and 26 to the December 31, 2002, 2001 and 2000 Consolidated Financial Statements

 

ITEM 7(c).    EXHIBITS

 

Exhibit

     

23

   

Independent Auditors’ Consent

99.1

   

Portions of Item 1. Business

99.2

   

Portions of Item 2. Properties

99.3

   

Portions of Management Discussion and Analysis of Financial Condition and Results of Operations.

99.4

   

Consolidated Financial Statements for the Years Ended December 31, 2002, 2001 and 2000, including Schedule II—Valuation and Qualifying Accounts

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

VIRGINIA ELECTRIC AND POWER COMPANY

Registrant                                         

   

/s/    STEVEN A. ROGERS        

   

Steven A. Rogers

Vice President

(Principal Accounting Officer)

 

Date:    May 9, 2003