1 $250,000,000 THE WASHINGTON WATER POWER COMPANY Secured Medium-Term Notes, Series B
Pricing Supplement No. 1 Filing under Rule 424(b)(3) Dated May 16, 1994 Registration No. 33-51669 (To Prospectus dated January 12, 1994 as supplemented by the Prospectus Supplement dated January 19, 1994) Use of Proceeds: A/S Additional terms: N/A "N/A" as used herein means "Not Applicable". "A/S" as used herein means "As stated in the Prospectus referred to above". Goldman, Sachs & Co. Kidder, Peabody & Co. Incorporated Smith Barney, Harris Upham & Co. Incorporated
Principal amount ($): $5,000,000 Subject to General Redemption Original Issue Date: May 23, 1994 (at general redemption prices) Stated Maturity Date: May 24, 2005 Yes [X] No [ ] Interest Rate (%): 7.95 Initial Redemption Date: May 24, 1999 Issue price (%): 100.00 Redemption Limitation Date: N/A Selling Agent's commission (%): .625 Initial Redemption price (%): 102.27 Net proceeds to Company (%): 99.375 Reduction Percentage: 1.135 Form: Book-Entry [X] Certificated [ ] Subject to Special Redemption (at special redemption prices) Yes [ ] No [X] Initial Redemption Price: N/A Reduction Percentage: N/A