FILE NO. 70-9697
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 6
TO
FORM U-1
APPLICATION/DECLARATION UNDER THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
WITH RESPECT TO THE ISSUANCE OF RATE REDUCTION BONDS
AND RELATED TRANSACTIONS
The Connecticut Light and Power
Company
107 Selden Street
Berlin, CT 06037
Western Massachusetts Electric
Company
174 Brush Hill Avenue
West Springfield, MA 01090
Public Service Company of New Hampshire
1000 Elm Street
Manchester, NH 03101
(Names of companies filing this statement and addresses of
principal executive offices)
NORTHEAST UTILITIES
(Name of top registered holding company)
Cheryl W. Grise
Senior Vice President, Secretary and General Counsel
Northeast Utilities Service Company
107 Selden Street
Berlin, CT 06037
(Name and address of agent for service)
The Commission is requested to mail signed copies of all orders, notices
and communications to:
Jeffrey C. Miller, Esq.
Assistant General Counsel
Northeast Utilities Service
Company
P.O. Box 270
Hartford, CT 06141-0270
Randy A. Shoop
Assistant Treasurer - Finance
Northeast Utilities Service
Company
P.O. Box 270
Hartford, CT 06141-0270
Richard J. Wasserman, Esq.
Day, Berry & Howard LLP
CityPlace I
Hartford, CT 06103-3499
I. The Utilities indicated in paragraph 12 of the application/declaration
in this file, as amended (the "Application"), that the Financing Order issued
by the CDPUC authorizes CL&P to cause the issuance of RRBs in a principal
amount not to exceed $1.551 billion, which is greater than the $1.489 billion
authorization granted by the Commission in the Use of Proceeds Order and
referenced in the notice in this file, HCAR No. 27222 (August 25, 2000). The
Utilities further indicated in paragraph 12 that they intend to seek
additional authorization from the Commission for CL&P to cause the issuance
of such greater principal amount. Accordingly, the Utilities hereby seek
such additional authorization by amending paragraph 12 of the Application to
read in its entirety as follows:
12. Pursuant to the Securitization Acts, the SPE will issue RRBs,
which in turn will be sold to investors. The following principal amount
of RRBs will be issued on behalf of each Utility on or before August 31,
2005:
CL&P not to exceed $1.551 billion
WMECO not to exceed $303 million
PSNH not to exceed $670 million
As set forth in paragraph 47 below, the Utilities respectfully request
the Commission's approval to consummate, on or prior to August 31, 2005,
all transactions described in this Application. The "not to exceed"
principal amounts set forth above for CL&P and PSNH are the "not to
exceed" principal amounts approved in the Financing Orders issued by the
CDPUC and NHPUC, respectively. See supra note 6 and Exhibits D 1.2 and
D 3.2.2 attached hereto. The "not to exceed" principal amount set forth
above for WMECO is consistent with the authorization sought by WMECO in
the Use of Proceeds Filing and granted by the Commission in the Use of
Proceeds Order, because WMECO has not yet received a Financing Order
from the MDTE. See supra note 6. Accordingly, the Utilities hereby
respectfully request the issuance of an order by the Commission
approving the proposed transactions in the amounts set forth above for
CL&P and PSNH and reserving jurisdiction over the proposed transaction
for WMECO.
II. The Utilities hereby request that the Commission publish a notice under
Rule 23 with respect to the filing of this Amendment No. 6 as soon as
practicable and that the Commission issue an order with respect to the
additional authorization described in Part I above on or prior to February 1,
2001. A form of notice suitable for publication in the Federal Register is
attached hereto as Exhibit H 2.
III. The Application is further amended as follows:
A. By replacing the first sentence of paragraph 48, which appears
before the table, with the following:
Each Utility undertakes to file all material financing documents
relating to its RRB transaction with the certificate filed pursuant to
Rule 24 under the Act after the consummation of such transaction. The
following exhibits are filed with this Application (asterisked (*) items
were filed with the original Application; double asterisked (**) items
were filed with Amendment No. 1 to this Application; triple asterisked
(***) items were filed with Amendment No. 2 to this Application;
quadruple asterisked items (****) are filed with this Amendment No. 3;
quintuple asterisked items (*****) were filed with Amendment No. 4; and
sextuple asterisked items (******) are filed with this Amendment No. 6).
B. By inserting the following new entries in the table contained in
paragraph 48:
******D 1.3
Connecticut Department of Public Utility Control Supplement to Financing
Order (together with approved and adopted CL&P compliance filing)
******H 2
Proposed Form of Notice (with respect to Amendment No. 6)
IV. The following exhibits are filed herewith (the exhibit numbers
correspond to those contained in the Application):
D 1.3
Connecticut Department of Public Utility Control Supplement to Financing
Order (together with approved and adopted CL&P compliance filing)
H 2
Proposed Form of Notice (with respect to Amendment No. 6)
SIGNATURES
Pursuant to the requirements of the Public Utility Holding Company Act
of 1935, as amended, the undersigned companies have duly caused this
statement to be signed on their behalf by the undersigned thereunto duly
authorized.THE CONNECTICUT LIGHT AND POWER COMPANY
By: /s/Randy A. Shoop
Randy A. Shoop
Treasurer
WESTERN MASSACHUSETTS ELECTRIC COMPANY
PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE
By: /s/Randy A. Shoop
Randy A. Shoop
Assistant Treasurer - Finance
Date: December 22, 2000