(As filed with the Securities and Exchange Commission
December 28, 2000)
File No. 70-9791
AMENDMENT NO. 3 TO
FORM U-1
APPLICATION OR DECLARATION UNDER THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
----------------------------------
Madison Gas and Electric Company
133 South Blair Street
P.O. Box 1231
Madison, Wisconsin 53701-1231
(Names of companies filing this statement and
addresses of principal executive offices)
---------------------------------
None
(Name of top registered holding company parent)
---------------------------------
Mark C. Williamson
Executive Vice President and Chief Strategic Officer
Madison Gas and Electric Company
133 South Blair Street
P.O. Box 1231
Madison, Wisconsin 53701-1231
(Name and address of agent for service)
The Commission is requested to send copies of all notices,
orders and communications in connection with this matter to:
Lee Cullen Gary Mathis
Cullen Weston Pines & Bach LLP Madison Gas and Electric Co.
122 West Washington Avenue 133 South Blair Street
Suite 900 P.O. Box 1231
Madison, WI 53703 Madison, WI 53701-1231
Ph: (608) 251-0101 Ph: (608) 252-7000
Fax: (608) 251-2883 Fax: (608) 252-7098
E-mail: [email protected] E-mail: [email protected]
Madison Gas and Electric Company hereby amends and restates
its Application/Declaration on Form U-1 in Commission file No.
70-9791 as follows:
ITEM 4: REGULATORY APPROVALS
On July 31, 2000, the Transco filed an application with the
FERC seeking approval of the Transco OATT, and on September 8,
2000, MGE filed an application with FERC under sec. 203 of the
Federal Power Act for approval to contribute its transmission
facilities to the ATC. (Docket No. EC00-136-000.) FERC
approved MGE's application on November 21, 2000 [N39 - Madison
Gas and Electric Company, Wisconsin Public Service Corporation,
American Transmission Company L.L.C., Docket No. EC00-136-000,
93 F.E.R.C. Par. 61,215 (Nov. 24, 2000)]. On December 14, 2000,
FERC issued an order in Docket No. EROO-3316-000, Accepting in
Part and Rejecting in Part Filing of Open Access Transmission
Tariff. In that order, FERC accepted the Transco's proposed
OATT, with certain clarifications and modifications, as
consistent with or superior to FERC's pro forma tariff. [N40 -
American Transmission Company LLC, 93 F.E.R.C. Par. 61,627
(2000).] FERC accepted the OATT to be effective on the date the
associated rates become effective. With respect to the
Transco's proposed rates, however, FERC stated that certain
aspects of the rate proposal deemed to be rate "incentives,"
such as the capital expansion adder and shortened depreciation
for new transmission facilities, were only available in the
context of RTOs. On December 15, 2000, the Transco submitted a
new Section 205 rate filing without the capital expansion adder
and shortened depreciation life proposals. The rates proposed
in the December 15, 2000, filing reflect a reduction of
approximately 5% from the rates proposed in the July 31, 2000,
filing but are otherwise identical to the rates proposed in the
July filing. The Transco has asked FERC for expedited review of
its December 15, 2000, filing. Applicants do not believe that
final FERC approval of the OATT price terms is required in order
for the Commission to grant the authorizations requested in this
Application. Transco counsel has advised that based on the
FERC's December 14, 2000, order approving the Transco's OATT,
the Transco's December 15, 2000, Section 205 rate filing, and
FERC precedent, the Transco can begin operations on January 1,
2001, without violating the Federal Power Act.
The Wisconsin Commission must also approve certain aspects
of the transactions contemplated herein. To receive those
approvals, the ATC and the member utilities filed an application
to the Wisconsin Commission on August 18, 2000, and on December
20, 2000, the Wisconsin Commission approved the application.
(Docket No. 137-NC-100.) No other state or other federal agency
has jurisdiction in this matter concerning MGE's contributions
to the Transco.
SIGNATURE
Pursuant to the requirements of the Public Utility Holding
Company Act of 1935, MGE has duly caused this statement to be
signed on its behalf by the undersigned thereunto duly
authorized.
MADISON GAS AND ELECTRIC COMPANY
By: /s/ Mark C. Williamson
Mark C. Williamson
Executive Vice President and
Chief Strategic Officer
Dated: December 28, 2000
