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As Filed with the Securities and
Exchange Commission on September 1, 1998 File No. 70-9095
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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POST-EFFECTIVE AMENDMENT NO.3 TO
APPLICATION-DECLARATION
ON FORM U-1
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
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CONECTIV
DELMARVA POWER & LIGHT COMPANY
CONECTIV RESOURCE PARTNERS, INC.
CONECTIV ENERGY SUPPLY COMPANY
800 King Street
Wilmington, DE 19899
DELMARVA CAPITAL INVESTMENTS, INC. ATLANTIC CITY ELECTRIC COMPANY
CONECTIV SERVICES, INC. ATLANTIC ENERGY ENTERPRISES, INC.
CONECTIV COMMUNICATIONS, INC. ATLANTIC ENERGY INTERNATIONAL, INC.
DELMARVA SERVICES COMPANY 6801 Black Horse Pike
DCI I, INC. Egg Harbor Township, NJ 08234
DCI II, INC.
DCTC-BURNEY, INC. ATLANTIC GENERATION, INC.
CHRISTIANA CAPITAL MANAGEMENT, INC. ATLANTIC SOUTHERN PROPERTIES, INC.
DELMARVA OPERATING SERVICES CO. ATE INVESTMENT, INC.
CONECTIV SOLUTIONS, LLC CONECTIV THERMAL SYSTEMS, INC.
CONECTIV ENERGY, INC. COASTALCOMM, INC.
POWER CONSULTING GROUP, INC. ATLANTIC ENERGY TECHNOLOGY, INC.
CONECTIV PLUMBING LLC BINGHAMTON GENERAL, INC.
252 Chapman Road BINGHAMTON LIMITED, INC.
P.O. Box 6066 PEDRICK LTD., INC.
Newark, DE 19714 PEDRICK GEN., INC.
VINELAND LIMITED, INC.
PETRON OIL CORPORATION VINELAND GENERAL, INC.
180 Gordon Drive ATLANTIC JERSEY THERMAL SYSTEMS, INC.
Exton, PA 19341-1328 ATS OPERATING SERVICES, INC.
THE EARTH EXCHANGE, INC.
ATLANTIC PAXTON COGENERATION, INC.
5100 Harding Highway
Mays Landing, NJ 08330
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(Names of companies filing this statement and addresses of
principal executive offices)
CONECTIV
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(Name of top registered holding company parent)
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Louis M. Walters
Treasurer
Conectiv
800 King Street
Wilmington, DE 19899
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(Names and addresses of agents for service)
The Commission is requested to send copies of all notices, orders and
communications in connection with this Application-Declaration to:
Peter F. Clark, Esq. Joyce Koria Hayes, Esq.
Conectiv 7 Graham Court
800 King Street Newark, DE 19711
Wilmington, DE 19899
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Post-Effective Amendment No. 2 as previously filed is hereby amended as follows:
The following is added to the end of Item 1.B.1 "Short-Term Debt":
"The short-term debt issued by Conectiv will not exceed in the aggregate at any
one time outstanding $800 million less any amount of short-term debt issued by
Delmarva under its authorization to issue up to $275 million of short-term debt.
As before, the short-term debt issued by Conectiv may be used to fund short-term
debt issued to refund debt issued prior to the Merger (in the amount of
approximately $160 million), to provide working capital for the general
corporate purposes of Conectiv (in an amount not exceeding $310 million and its
subsidiaries including Delmarva (in an amount not exceeding $275 million for
Delmarva, $150 million for ACE and $150 million for any single nonutility
company and $350 million in the aggregate for all nonutility companies), and to
fund the capital requirements of Conectiv's subsidiaries until long-term
financing authorization can be obtained (in an amount not exceeding $330
million."
Item 1.B.3 "Participation in Conectiv System Money Pool" is restated in its
entirety as follows:
"Pursuant to the Financing Order, participation in the Conectiv System Money
Pool was authorized for all Subsidiaries listed on the cover of Amendment No. 3
to this Application-Declaration (except for two ETC Subsidiaries and except for
Delmarva, over whose participation the Commission reserved jurisdiction pending
receipt of an order from the Virginia State Corporation Commission). Conectiv
hereby requests authorization for Petron to participate in the Conectiv System
Money Pool. Petron, a Pennsylvania corporation, was purchased by Conectiv Energy
Supply Company (previously Delmarva Energy Company) on March 2, 1998 pursuant to
Rule 58(b)(1)(v). Petron is an oil distribution company and thus is an
energy-marketing company and an "energy-related company" as defined in that
section of the Rule. Petron will be an integral part of the Conectiv System's
energy marketing activities."
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SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act
of 1935, the undersigned companies have duly caused this Post-Effective
Amendment No. 3 to Form U-1 to be signed on their behalf by the undersigned
thereunto duly authorized.
DATE: CONECTIV
DELMARVA POWER & LIGHT COMPANY
CONECTIV RESOURCE PARTNERS, INC.
CONECTIV ENERGY SUPPLY COMPANY
DELMARVA CAPITAL INVESTMENTS, INC.
CONECTIV SERVICES, INC.
DCI I, INC.
DCI II, INC.
DCTC-BURNEY, INC.
CHRISTIANA CAPITAL MANAGEMENT, INC.
DELMARVA OPERATING SERVICES COMPANY
POWER CONSULTING GROUP, INC.
CONECTIV SOLUTIONS, LLC
CONECTIV PLUMBING, LLC
ATLANTIC CITY ELECTRIC COMPANY
ATLANTIC ENERGY ENTERPRISES, INC.
ATLANTIC ENERGY INTERNATIONAL, INC.
ATLANTIC GENERATION, INC.
ATLANTIC SOUTHERN PROPERTIES, INC.
ATE INVESTMENT, INC.
CONECTIV THERMAL SYSTEMS, INC.
COASTALCOMM, INC.
ATLANTIC ENERGY TECHNOLOGY, INC.
BINGHAMTON GENERAL, INC.
BINGHAMTON LIMITED, INC.
PEDRICK LIMITED, INC.
PEDRICK GENERAL, INC.
VINELAND LIMITED, INC.
VINELAND GENERAL, INC.
ATLANTIC JERSEY THERMAL SYSTEMS, INC.
ATS OPERATING SERVICES, INC.
THE EARTH EXCHANGE, INC.
ATLANTIC PAXTON COGENERATION, INC.
PETRON OIL CORPORATION
September 1, 1998 /s/ L. M. Walters
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L. M. Walters
Treasurer