SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 July 25, 2003 Date of report (Date of earliest event reported) ALLEGHENY ENERGY, INC. (Exact name of registrant as specified in charter)
Maryland	1-267		13-5531602
(State or Other Jurisdiction of Incorporation)	(Commission File Number)		(IRS Employer Identification No.)
10435 Downsville Pike Hagerstown, Maryland (Address of principal executive of offices)		21740-1766 (Zip code)
Registrants telephone number including area code:    (301) 790-3400
N/A (Former Name or former address if changed since last report)

2
Item 1-6.		Not applicable
Item 7.		Exhibit(s)     The following exhibit is filed herewith pursuant to Item 9:
	Exhibit 99      Press Release Issued by Allegheny Energy, Inc. on July 25, 2003      announcing that it has completed a private placement of $300 million of      convertible trust preferred securities.
Item 8.	Not applicable.
Item 9.		Regulation FD Disclosure      The information in this report, including the exhibits, is being furnished      pursuant to Item 9 and shall not be deemed "filed" for purposes of      Section 18 of the Securities Exchange Act of 1934.     Press Release Issued by Allegheny Energy, Inc. on July 25, 2003      announcing that it has completed a private placement of $300 million of      convertible trust preferred securities.
Item 10-12.	Not applicable.

3

SIGNATURES

            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 hereunto duly authorized.

ALLEGHENY ENERGY, INC.

By:          /S/ MICHAEL P. MORRELL

Name:     Michael P. Morrell
Title:       Sr. Vice President,
               Allegheny Energy, Inc.

DATED:  July 25, 2003

4 EXHIBIT INDEX
Exhibit Number	Description
99	Press Release Issued by Allegheny Energy, Inc. on July 25, 2003      announcing that it has completed a private placement of $300 million of      convertible trust preferred securities.

.