UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D. C. 20549
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
File No. 70-9317
REPORT PERIOD
October 1, 1998 to December 31, 1998
In the Matter of
INTERSTATE ENERGY CORPORATION, ET AL
Interstate Energy Corporation ("IEC") hereby certifies on behalf of
itself and IES Utilities Inc. ("IESU"), Interstate Power Company ("IPC"), and
Alliant Energy Corporate Services, Inc. ("Services") that during the period from
October 1, 1998 through December 31, 1998 (the "Reporting Period"):
1. For each of the companies participating in the Utility Money Pool
during the Reporting Period, the maximum principal amount of short-term
borrowings outstanding from the Utility Money Pool, sources other than the
Utility Money Pool, and the maximum total short-term borrowings outstanding
during the Reporting Period, and the Securities and Exchange Commission ("SEC")
borrowing limit for each participant as of the end of the Reporting Period were
as follows:
Maximum
Maximum Other Maximum
Money Pool Short-Term Total SEC
Company Borrowings Borrowings Borrowings Limit
- ------- ---------- ---------- ---------- -----------
IESU -0- -0- -0- 150,000,000
IPC 23,597,698 -0- 23,597,698 72,000,000
WP&L 72,088,248 50,000,000 78,960,198 128,000,000
SERVICES 19,139,421 -0- 19,139,421 100,000,000
2. During the Reporting Period, the weighted average interest rate for
borrowings through the Money Pool was 5.24%.
3. The maximum amount of IEC's short-term borrowings on behalf of itself
and the above named participants in the Utility Money Pool during the Reporting
Period, and its SEC limit as of the end of the Reporting Period, were as
follows:
<PAGE>
Maximum Maximum Maximum
Loans to Corporate Short-Term SEC
Money Pool Borrowings Borrowings Limit
---------- ---------- ---------- -----------
IEC (*) 45,485,714 68,899,980 95,500,000 450,000,000
- ----------------
(*) Consists entirely of commercial paper during the Reporting Period.
Said transactions have been carried out in accordance with the terms and
conditions of, and for the purpose represented in, the Form U-1
Application-Declaration, as amended, of IEC, et al, in File 70-9317, and in
accordance with the terms and conditions of the SEC's order dated December 18,
1998, permitting said Application-Declaration to become effective.
DATED: March 15, 1999
INTERSTATE ENERGY CORPORATION
IES UTILITIES INC.
INTERSTATE POWER COMPANY
WISCONSIN POWER AND LIGHT COMPANY
ALLIANT ENERGY CORPORATE SERVICES INC.
BY: INTERSTATE ENERGY CORPORATION
BY: /s/ Edward M. Gleason
-------------------------------------
Edward M. Gleason
Vice President, Treasurer
and Corporate Secretary
