UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 12, 1994
CILCORP Inc.
(Exact name of registrant as specified in its charter)
Illinois 1-8946 37-1169387
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
300 Hamilton Blvd., Suite 300, Peoria, Illinois 61602
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (309) 675-8810
CENTRAL ILLINOIS LIGHT COMPANY
(Exact name of registrant as specified in its charter)
Illinois 1-2732 37-0211050
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
300 Liberty Street, Peoria, Illinois 61602
(Address of principal executive offices)
Registrant's telephone number, including area code (309) 675-8810
<PAGE>
Item 5. Other Events
CILCORP Inc. (the Company), a holding company, is the parent of
Central Illinois Light Company (CILCO). CILCO is a public utility
under the laws of the State of Illinois and, as such, is subject to
regulation by the Illinois Commerce Commission (ICC) and the Federal
Energy Regulatory Commission.
On December 12, 1994, the ICC issued a rate order designed
to grant CILCO a $10.6 million, or 6.7%, annual increase in base
rate gas revenues. The order represents approximately 75 percent of
CILCO's original rate increase request. The new rates, designed to
yield a return on common equity of 11.82 percent, are expected to go
into effect the week of December 12, 1994. Reference is made to Form 10-K
of CILCORP and CILCO for the year ended December 31, 1993, and Form 10-Q
for the nine months ended September 30, 1994, under the heading
CILCO Gas Rate Increase Request.
As a part of its rate order, the ICC disallowed approximately $7.5
million of CILCO's investment in the Springfield cast iron renewal
project. Of this amount, CILCO previously recorded a pre-tax charge of
approximately $4.6 million against third quarter 1994 earnings. CILCO
plans to record the remaining disallowance through a one-time, pre-tax
charge of approximately $2.9 million against fourth quarter net income.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
CILCORP INC.
(Registrant)
Date: December 12, 1994 By: R. O. Viets
President and Chief
Executive Officer
T. D. Hutchinson
Controller
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Central Illinois Light Company
(Registrant)
Date: December 12, 1994 By T. S. Romanowski
Vice President and
Chief Financial Officer
R. L. Beetschen
Controller
