FILE NO.
070-06322

OHIO POWER COMPANY COOK COAL TERMINAL
QUARTERLY REPORT PER REQUIREMENTS OF HOLDING COMPANY ACT RELEASE NO. 22977
BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 2003

CONTENTS
	Page
Statements of Transfer Fee Billings		1
Summary of Costs Incurred		2
Rail Car Maintenance Facility
Annual Report for the Year 2003 (Release No. 25427)		3

Page 1

OHIO POWER COMPANY
COOK COAL TERMINAL
STATEMENTS OF TRANSFER FEE BILLINGS
BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 2003
	October 2003				November 2003				December 2003
	Tons	Fee		Amount	Tons	Fee		Amount	Tons	Fee		Amount
		(per ton)		(000)		(per ton)		(000)		(per ton)		(000)
SERVICE TO   AFFILIATES
Rockport	659,800	$2	.27	$1,498	735,405	$2	.07	$1,522	790,586	$(0	.16)	$(126	)
SERVICE TO NON-  AFFILIATES	262,701	$1	.24	326	414,395	$1	.21	503	393,861	$1	.21	477
TOTAL	922,501			$1,824	1,149,800			$2,025	1,184,447			$351

Page 2

OHIO POWER COMPANY
COOK COAL TERMINAL
SUMMARY OF COSTS INCURRED
BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 2003
	October 2003		November 2003	December 2003		Three Months Ended 12/31/03
	(in thousands)
Labor	$385		$407	$396		$1,188
Benefits	248		262	(1,152	)	(642	)
Operating Materials	111		210	87		408
Maintenance	124		168	776		1,068
Taxes Other Than Income Tax	45		74	73		192
Rentals	576		584	577		1,737
Depreciation	11		67	17		95
Normalization	1,330		253	(457	)	1,126
Other	(273	)	487	645		859
Total	$2,557		$2,512	$962		$6,031

Page 3

OHIO POWER COMPANY
COOK COAL TERMINAL
RAIL CAR MAINTENANCE FACILITY
STATEMENT OF BILLINGS AND COSTS INCURRED
FOR THE YEAR 2003
	Affiliated	Unaffiliated	Total
	(in thousands)
Revenues:
Indiana Michigan Power Company	$2,895	$-	$2,895
Ohio Valley Electric Company	680	-	680
Unaffiliated Companies	-	131	131
Total Revenues	3,575	131	3,706
Cost of Sales:
Labor	640	48	688
Material	2,040	29	2,069
Overheads	895	54	949
Total Cost of Sales	3,575	131	3,706
Gross Margin	$-	$-	$-

Affiliated work is recognized as revenue and billed one month after the costs are incurred. Work for unaffiliated companies is recognized as revenue one month after the costs are incurred, but billed when the work is completed.