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File No. 70-8973
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
POST-EFFECTIVE AMENDMENT NO. 1
TO
APPLICATION OR DECLARATION
ON
FORM U-1
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
ALLEGHENY POWER SYSTEM, INC.
10435 Downsville Pike
Hagerstown, MD 21740
AYP CAPITAL
10435 Downsville Pike
Hagerstown, MD 21740
_____________________________________________________________
(Name of company or companies filing this statement and
addresses of principal executive offices)
Allegheny Power System, Inc.
_____________________________________________________________
(Name of top registered holding company parent of each
applicant or declarant)
Thomas K. Henderson, Esquire
Vice President
Allegheny Power
10435 Downsville Pike
Hagerstown, MD 21740
_____________________________________________________________
(Name and address of agent for service)
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Applicant Hereby Amends and Supplements Item 1 -
Description of Proposed Transaction by filing the following:
The description in the Appliance and Equipment
Warranties section on page 6 of the Application is
supplemented by adding the following sentence:
"The appliance and equipment repair warranty program
will end December 31, 1999 unless further Commission
approval of the program is no longer required or the
Commission has approved the continuation of the program
pursuant to a new application."
The description in the Sale and Installation of Power
Quality Devices section beginning on page 6 of the
Application is supplemented by adding the following two
sentences:
"The aggregate amount of equipment financing leasing
outstanding at any one time under Applicant's power
quality program will not exceed $4 million;" and
"The provision of power quality services will not last
beyond December 31, 1999 unless further Commission
approval of the program is no longer required or the
Commission has approved continuation of the program
pursuant to a new application."
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SIGNATURE
Pursuant to the requirements of the Public Utility
Holding Company Act of 1935, the undersigned companies have
caused this statement to be signed on its behalf by the
undersigned thereto duly authorized.
Allegheny Power System, Inc.
AYP Capital, Inc.
By: /s/ Philip J. Bray
Philip J. Bray
Counsel
Dated: February 5, 1997
