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File No. 70-6353
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
POST-EFFECTIVE AMENDMENT NO. 11
To
FORM U-1
APPLICATION/DECLARATION
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
NEW ENGLAND POWER SERVICE COMPANY NEW ENGLAND ELECTRIC SYSTEM
25 Research Drive 25 Research Drive
Westborough, Massachusetts 01582 Westborough, Massachusetts 01582
(Names of companies filing this statement
and address of principal executive offices)
NEW ENGLAND ELECTRIC SYSTEM
(Name of top registered holding company)
Michael E. Jesanis Kirk L. Ramsauer
Treasurer Assistant General Counsel
25 Research Drive 25 Research Drive
Westborough, Massachusetts 01582 Westborough, Massachusetts 01582
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Form U-1 Application/Declaration (Commission File No. 70-6353), as
amended, which became effective by orders of the Commission dated December 21,
1979 (HCAR No. 21354) and March 27, 1980 (HCAR No. 21495), and was amended by
Post-Effective Amendments 1 through 10, is hereby further amended by this
Post-Effective Amendment No. 11 as follows:
By Post-Effective Amendment No. 10 filed on June 7, 1995, NEPSCO agreed
to reduce its return on equity from 11.7% to 11.25% commencing July 12, 1995.
That should have been January 1, 1995 as New England Power Company was allowed
by FERC and did actually commence using this lower return on January 1, 1995.
Therefore, NEPSCO will similarly commence using this lower return effective as
of January 1, 1995, in accordance with provisions of the Application/
Declaration, as amended, and above referenced Orders of the Commission.
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Pursuant to the requirements of the Public Utility Holding Company Act
of 1935, each undersigned company has duly caused this Post-Effective
Amendment No. 11 (Commission File No. 70-6353) to be signed on its behalf by
the undersigned officer thereunto duly authorized.
NEW ENGLAND ELECTRIC SYSTEM
NEW ENGLAND POWER SERVICE COMPANY
s/Michael E. Jesanis
By:
Michael E. Jesanis
Treasurer
August 18, 1995
The name "New England Electric System" means the trustee or trustees for the
time being (as trustee or trustees but not personally) under an agreement and
declaration of trust dated January 2, 1926, as amended, which is hereby
referred to, and a company of which as amended has been filed with the
Secretary of the Commonwealth of Massachusetts. Any agreement, obligation or
liability made, entered into or incurred by or on behalf of New England
Electric System binds only its trust estate, and no shareholder, director,
trustee, officer or agent thereof assumes or shall be held to any liability
therefor.
