EXHIBIT 99.3

WASHINGTON GAS LIGHT COMPANY

Computation of Ratio of Earnings to Fixed Charges
and Preferred Stock Dividends

Twelve Months Ended December 31, 2001
(Dollars in Thousands)
(Unaudited)

FIXED CHARGES AND PRE-TAX PREFERRED STOCK DIVIDENDS:
Preferred Stock Dividends			$	1,320
Effective Income Tax Rate				0.4060
Complement of Effective Income Tax Rate (1-Tax Rate)				0.5940
Pre-Tax Preferred Dividends			$	2,222
FIXED CHARGES:
Interest Expense			$	48,155
Amortization of Debt Premium, Discount and Expense				(74	)
Interest Component of Rentals				12
Total Fixed Charges				48,093
Pre-tax Preferred Stock Dividends				2,222
		Total Fixed Charges and Preferred Stock Dividends	$	50,315
EARNINGS:
Net Income Applicable to Common Stock			$	64,106
Add:
	Income Taxes Applicable to Utility Operating Income			45,105
	Income Taxes Applicable to Non-Utility Operating Income			(640	)
	Income Taxes Applicable to Other Income (Expenses)-Net			(656	)
	Total Fixed Charges			48,093
Total Earnings			$	156,008
Ratio of Earnings to Fixed Charges				3.1