RIDGEWOOD ELECTRIC POWER TRUST V
NT 10-K, 2000-03-30
ELECTRIC SERVICES
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 12b-25
NOTIFICATION OF LATE FILING
S.E.C. File No. 0-24143


(Check One):
X Form 10-K and Form 10-KSB
  Form 20-F
  Form 11-K
  Form 10-Q and Form 10-QSB
  Form N-SAR

For the period ended December 31, 1999

  Transition Report on Form 10-K
  Transition Report on Form 20-F
  Transition Report on Form 11-K
  Transition Report on Form 10-Q
  Transition Report on Form N-SAR

For the transition period
ended:________________________________________

Read Attached Instruction Sheet Before Preparing Form.
Please Print or Type.
Nothing in this form shall be construed to imply that the
Commission has verified any information contained herein.

If the notification relates to a portion of the filing check above, identify the
Item(s) to which the notification relates:
- -----------------------------------------------------

Part I - Registrant Information

Full name of Registrant:  Ridgewood Electric Power Trust V
Former name if applicable:
- ------------------------------------------------

Address of Principal Executive Office (Street and Number)
947 Linwood Avenue
Ridgewood, New Jersey 07450-2939
(City, State and Zip Code)

Part II - Rules 12b-25 (b) and (c)

If the subject report could not be filed without  unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

 X (a) The reasons described in reasonable detail in part III of this form could
not be eliminated without unreasonable effort or expense;
 X (b) The subject annual report,  semi-annual report, transition report on Form
10-K, Form 20-F, Form 11-K or Form N-SAR, or portion  thereof,  will be filed on
or before the fifteenth day  following the  prescribed  due date; or the subject
quarterly report or transition report on Form 10-Q, or portion thereof,  will be
filed on or before the fifth calendar day following the prescribed due date; and
  (c) The  accountant's  statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.

Part III - Narrative

State below in reasonable detail the reasons why Form 10-K and Form 10-KSB, Form
20-F, Form 11-K, Form 10-Q, Form 10-QSB and Form N-SAR, or the transition report
or portion  thereof  could not be filed within the  prescribed  period.  (Attach
Extra Sheets if Needed)

     Preparation of the  Registrant's  financial  statements was delayed by late
receipt of information from third parties related to subsidiaries  accounted for
under the equity method. The Registrant believes that the necessary  information
will be  received  in the near  future  and that the Form  10-K will be filed by
April 14, 2000.

Part IV - Other Information

(1)  Name and telephone number of person to contact in regard to
this notification:
Martin V. Quinn       (201)         447-9000
(Name)             (area code)     (telephone number)

(2) Have all other  periodic  reports  required under section 13 or 15(d) of the
Securities  Exchange Act of 1934 or section 30 of the Investment  Company Act of
1940  during  the  preceding  12  months  or for such  shorter  period  that the
registrant was required to file such report(s) been filed?  If the answer is no,
identify report(s).
                             x  Yes           No

(3) Is it anticipated that any significant  change in results of operations from
the  corresponding  period for the last  fiscal  year will be  reflected  by the
earnings statements to be included in the subject report or portion thereof?
           Yes     X   No

    If so: attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.


RIDGEWOOD ELECTRIC POWER TRUST V
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.

Date:  March 30, 2000



By /s/ Martin V. Quinn
Martin V. Quinn, Senior Vice
President and Chief Financial Officer

INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly  authorized  representative.  The name and title of the person
signing  the form  shall  be typed or  printed  beneath  the  signature.  If the
statement is signed on behalf of the registrant by an authorized  representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.

ATTENTION
Intentional misstatements or omissions of fact constitute Federal
Criminal Violations (see 18 U.S.C. 1001).



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