<PAGE>
File No. 70-8083
CERTIFICATE OF NOTIFICATION
(Rule 24)
to the
SECURITIES AND EXCHANGE COMMISSION
by
YANKEE ATOMIC ELECTRIC COMPANY (YANKEE ATOMIC)
It is hereby certified that the transactions detailed below, which were
covered by the Statement on Form U-l as amended and the Orders of the
Securities and Exchange Commission dated December 16, 1992 and March 11, 1994
with respect thereto, have been carried out in accordance with the terms and
conditions of and for the purposes represented in said Statement and Orders of
the Commission, as follows:
The maximum concurrent amount of short-term borrowings outstanding during
the quarter and the amount outstanding at the end of the quarter is shown in
Exhibit A.
The required "Past Tense" Opinion of Counsel is filed herewith.
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act of
l935, the undersigned company has duly caused this Certificate of Notification
to be signed on its behalf by the undersigned officer thereunto duly
authorized.
YANKEE ATOMIC ELECTRIC COMPANY
s/Thomas Bennet, Jr.
Thomas Bennet, Jr.
Vice President
and Treasurer
Date: February 14, 1996
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EXHIBIT INDEX
Exhibit No. Description Page
- ----------- ----------- ----
A Borrowing Log Filed herewith
Past Tense Opinion Filed herewith
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<TABLE>
Exhibit A
YANKEE ATOMIC ELECTRIC COMPANY
BORROWING LOG
<CAPTION>
$000's
Type of Int. Rate Maturity Daily Total $000's Cum
Date Instrument Institution Transaction Nom. Effec. # Days Date (1) Interest Interest Invested Amount
- ---- ---------- ----------- ----------- ---- ------ ------ -------- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Beginning Total @ 10/1/95 $5,550
No Activity, but please note that the interest rate on the outstanding loan was reduced by .25% to 8.50% on 12/20/95.
Quarterly Total @ 12/31/95 $5,500
(1) Note: Yankee has a $6,000,000 secured credit agreement with the Bank of New York. Yankee can borrow at the Bank's
prime rate until the agreement terminates on March 29, 1996. Yankee can pay down any portion of the outstanding
balance at its discretion.
</TABLE>
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25 Research Drive, Westborough, Massachusetts 01582
===================================================
February 14, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Re: Yankee Atomic Electric Company
File No. 70-8083
Dear Commissioners:
An Application/Declaration on Form U-1, dated October 16, 1992, and
amendments thereto, were filed with your Commission in the above-referenced
proceeding relating to short-term borrowings by Yankee Atomic Electric Company
(the Company) from banks through December 31, 1995. Orders dated December 16,
1992 and March 11, 1994, were issued by your Commission authorizing the
proposed transactions.
I have reviewed the opinion dated December 11, 1992, filed as Exhibit
F in File No. 70-8083, and the opinion dated March 9, 1994, filed as Exhibit
F-1 in File No. 70-8083 and hereby confirm the statements made therein. I
have been advised that the borrowings by the Company were in each instance
made on the terms and within the limitations set forth in the filing and in
said orders. Based on the foregoing, it is my opinion that the transactions
authorized by said orders were carried out in accordance with the
Application/Declaration as amended.
Very truly yours,
s/Kirk L. Ramsauer
Kirk L. Ramsauer
Associate General Counsel
