SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
- --------------------------------------------------------------------------------
In the Matter of
CERTIFICATE
New Century Energies, Inc.
OF
File No. 70-9007
NOTIFICATION
(Public Utility Holding Company
Act of 1935)
- --------------------------------------------------------------------------------
This Certificate of Notification is filed by New Century Energies, Inc.
("NCE"), a Delaware corporation, pursuant to Rule 24. Such filing is made
pursuant to NCE's Form U-1 Application-Declaration, as amended (the
"Application-Declaration"), and the orders of the Securities and Exchange
Commission (the "Commission") dated August 1, 1997 (HCAR No. 26750) (the
"Order") and May 14, 1998 (HCAR No. 26872) in the above-referenced file. The
Order directed that NCE file with the Commission certificates pursuant to Rule
24 on a quarterly basis within 60 days from the end of the first three quarters
and within 90 days from the end of the last calendar quarter. As such, this
certificate reports transactions from January 1, 1999 through March 31, 1999
(the "First Quarter").
a.) The sale of any Common Stock by NCE and the purchase price per share and
the market price per share at the date of the agreement of sale.
None.
b.) The total number of shares of Common Stock issued or issuable under
options granted during the quarter under NCE's dividend reinvestment plan
and benefit plans.
NCE issued 225,382 shares under its dividend
reinvestment plan and 208,828 shares under its employee benefit plans.
c.) If Common Stock has been transferred to a seller of securities of a
company being acquired, the number of shares so issued, the value per
share and whether the shares are restricted to acquirer.
None.
d.) The names of the guarantors and of the beneficiaries of any NCE or
Subsidiary Guarantee issued during the quarter, and the amount, term and
purpose of the guarantee.
The following guarantees were issued during the First Quarter of 1999.
Guarantor Benefiting Amount Matures Purpose
Subsidiary
- --------------------------------------------------------------------------------
NCE e prime, inc. $1,000,000 Continuing Energy purchases
and financial
contracts
NCE e prime, inc. $3,000,000 Continuing Energy purchases
and financial
contracts
NCE e prime, inc. $2,000,000 Continuing Energy purchases
financial contracts
NCE e prime, inc. $1,000,000 Continuing Energy purchases
and financial
contracts
NCE e prime, inc. $ 100,000 Continuing Energy purchases
and financial
contracts
NCE e prime, inc. $ 700,000 Continuing Energy purchases
and financial
contracts
NCE e prime, inc. $ 500,000 10/31/99 Energy purchases
and financial
contracts
NCE e prime, inc. $ 100,000 11/30/99 Energy purchases
and financial
contracts
NCE e prime, inc. $1,000,000 10/31/99 Energy purchases
and financial
contracts
NCE e prime, inc. $ 500,000 Continuing Energy purchases
and financial
contracts
NCE Young Gas Storage $3,000,000 3/26/01 Mitigation of Natural
Company Gas Migration
NCE Young Gas Storage $ 500,000 3/31/14 Expenses relating
Company to title guarantee
e.) The amount and terms of any Short Term Debt issued by NCE and the Utility
Subsidiaries during the Quarter.
NCE borrows and repays short-term debt on an on-going basis. As of March
31, 1999 NCE had $69,500,000 in short-term debt outstanding at a cost of
5.12% and maturities ranging from April 1, 1999 to April 23,1999
f.) The amount and terms of any financings consummated by any Utility
Subsidiaries that are not exempt under rule 52.
On an on-going basis Cheyenne Light Fuel and Power Company (Cheyenne)
borrows and repays short-term debt to NCE. As of March 31, 1999, Cheyenne
had $17,225,000 in short-term debt outstanding at a cost of 4.98%.
g.) The amount and terms of any financings consummated by any Non-utility
Subsidiary during the quarter that are not exempt under rule 52.
1.) Certain inter-company notes are issued and repaid on an on-going
basis. As of March 31, 1999 the following such inter-company notes
were outstanding:
Amount Interest
Lender Borrower Outstanding Maturity Rate
- --------------------------------------------------------------------------------
NC Enterprises, e prime, inc. $15,400,000 Open 4.98%
Inc.
NCE New Century Services, $34,375,000 Open 4.98%
Inc.
NCE New Century $44,430,000 Open 4.98%
Enterprises, Inc.
e prime, inc. Texas-Ohio Gas, Inc $18,630,000 Open 4.98%
NC Enterprises, Natural Fuels $ 2,300,000 Open 4.98%
Inc. Corporation
NCE Planergy $ 4,631,500 Open 4.98%
2.) NCE issued on March 26,1999 on behalf of Young Gas Company a Letter
of Credit in the amount of $830,720.
h.) A list of U-6B-2 forms filed with the Commission during the quarter,
including the name of the filing entity and the date of filing.
Filing Entity Date Filed Securities Issued
- --------------------------------------------------------------------------------
Public Service Company of February 8, 1999 Public Service Company of
Colorado Colorado Promissory Note for
Pollution Control Revenue
Bonds
Southwestern Public March 4, 1999 Promissory Note pursuant to a
Service Company credit agreement
Southwestern Public
Service Company March 2, 1999 Unsecured Notes
i.) Consolidated balance sheets as of the end of the quarter and separate
balance sheets as of the end of the quarter for each company, including
NCE, that has engaged in jurisdictional financing transactions during the
quarter.
The quarterly consolidated balance sheet of NCE as of March 31, 1999 is
incorporated by reference. Such balance sheet was filed with NCE's Form
10-Q for March 31, 1999 (file number 70-9007).
The following balance sheets as of March 31, 1999 are attached as:
Exhibit 1 Cheyenne Light Fuel and Power Company
Exhibit 2 New Century Services, Inc.
Exhibit 3 New Century Enterprises, Inc. and Subsidiaries
Exhibit 4 New Century Enterprises, Inc. - Stand Alone filed under confidential
treatment pursuant to Rule 104 (b).
Exhibit 5 Balance Sheet of Natural Fuels Corporation filed under confidential
treatment pursuant to Rule 104 (b).
Exhibit 6 Balance Sheet of e prime, inc. and subsidiaries filed under
confidential treatment pursuant to Rule 104 (b).
Exhibit 7 Balance Sheet of e prime, inc. - Stand Alone filed under
confidential treatment pursuant to Rule 104 (b).
Exhibit 8 Balance Sheet of Texas-Ohio Gas, Inc. filed under confidential
treatment pursuant to Rule 104 (b).
Exhibit 9 Balance Sheet of Planergy, Inc. filed under confidential treatment
pursuant to Rule 104 (b).
Exhibit 10 Balance Sheet of Young Gas Storage Company filed under confidential
treatment pursuant to Rule 104 (b).
New Century Energies, Inc.
Dated: March 31, 1999 By: __________________
Nancy E. Felker
Assistant Treasurer
