SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) December 9, 1994
NORTH SHORE GAS COMPANY
(Exact name of registrant as specified in its charter)
Illinois 2-35965 36-1558720
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
122 South Michigan Avenue, Chicago, Illinois 60603
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (312) 431-4000
Item 5. OTHER EVENTS
RATES AND REGULATION
Reference is made to Note 4 "Rates and Regulation" to the
Financial Statements in the quarterly report of North Shore Gas
Company (the Company) on Form 10-Q for the quarter ended June 30,
1994.
Utility Rate Proceedings
On December 16, 1994, the Company expects to file with the
Illinois Commerce Commission (Commission) proposed changes in
rates that are designed to increase annual revenues by about
$10.1 million, exclusive of additional charges for revenue taxes.
The Company is seeking a rate of return on original-cost rate
base of 10.50 percent, which reflects a 12.6 percent cost of
common equity.
The Company expects that the Commission, following its usual
practices, would not issue a decision regarding the Company's
rate increase request until November 1995. The Company cannot
predict the outcome of its rate increase request.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly
authorized.
NORTH SHORE GAS COMPANY
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(Registrant)
December 9, 1994 By: /s/ K. S. BALASKOVITS
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(Date) K. S. Balaskovits
Vice President and Controller
