FILE NO. 70-8875
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
POST-EFFECTIVE AMENDMENT NO. 15
TO
FORM U-1
(AMENDMENT NO. 17)
APPLICATION/DECLARATION UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
Northeast Utilities Holyoke Water Power Company
Western Massachusetts Electric Company Canal Street
174 Brush Hill Avenue Holyoke, MA 01040
West Springfield, MA 01090-0010
The Connecticut Light and Power Company Public Service Company
NU Enterprises, Inc. of New Hampshire
Northeast Generation Service Company North Atlantic Energy
Northeast Generation Company Corporation
Select Energy, Inc. 1000 Elm Street
Mode 1 Communications, Inc. Manchester, NH 03015
107 Selden Street
Berlin, CT 06037
Yankee Energy System, Inc. The Rocky River Realty Company
Yankee Gas Services Company The Quinnehtuk Company
Yankee Energy Financial Services Company Northeast Nuclear Energy Company
NorConn Properties, Inc. 107 Selden Street
Yankee Energy Services Company Berlin, CT 06037
R. M. Services, Inc.
599 Research Parkway
Meriden, Connecticut 06450 HEC Inc.
24 Prime Parkway
Natick, MA 01760
(Name of companies filing this statement and addresses of principal executive
offices)
NORTHEAST UTILITIES
(Name of top registered holding company)
Cheryl W. Grise Esq.
Senior Vice President, Secretary and General Counsel
Northeast Utilities Service Company
P.O. Box 270
Hartford, CT 06141-0270
(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 David R. McHale
Assistant General Counsel Vice President and Treasurer
Northeast Utilities Northeast Utilities
Service Company Service Company
P.O. Box 270 P.O. Box 270
Hartford, CT 06141-0270 Hartford, CT 06141-0270
The Application/Declaration in this file, as amended, is further amended as
follows:
Paragraph 9 is deleted in its entirety and replaced with the following new
paragraph 9.
"9. Pool Participants borrowing surplus funds through the NU System Money
Pool pay interest at a rate equal to the daily composite federal funds
rate. All the borrowing companies have previously received an order from
the Commission authorizing such borrowings except NNECO, The Quinnehtuk
Company ("Quinnehtuk"), RR and HEC Inc. ("HEC"), wholly owned subsidiaries
of NU. To the extent these companies borrow funds from associate companies
through the Money Pool at a rate matching the lenders' effective cost of
capital, such borrowings are exempt under Rule 52(b)(2). From time to time,
these companies also borrow surplus funds through the NU System Money Pool at
rates which do not match the lenders' effective cost of capital. Such
borrowings are not exempt under Rule 52(b)(2). Accordingly, NNECO, Quinnehtuk,
RR and HEC seek authorization to borrow funds from the NU System Money Pool in
accordance with the terms of the NU System Money Pool in circumstances where
the exemption provided by Rule 52(b)(2) is not available."
Pursuant to the requirements of the Public Utility Holding Company Act of
1935, as amended, the undersigned have duly caused this Post-Effective
Amendment to be signed on behalf of each of them by the undersigned thereunto
duly authorized.
Date: July 7, 2000
NORTHEAST UTILITIES
THE CONNECTICUT LIGHT AND POWER COMPANY
WESTERN MASSACHUSETTS ELECTRIC COMPANY
PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE
HOLYOKE WATER POWER COMPANY
NORTH ATLANTIC ENERGY CORPORATION
NU ENTERPRISES, INC.
NORTHEAST GENERATION COMPANY
NORTHEAST GENERATION SERVICE COMPANY
SELECT ENERGY, INC.
MODE 1 COMMUNICATIONS, INC.
NORTHEAST NUCLEAR ENERGY COMPANY
THE ROCKY RIVER REALTY COMPANY
THE QUINNEHTUK COMPANY
YANKEE ENERGY SYSTEM, INC.
YANKEE GAS SERVICES COMPANY
YANKEE ENERGY FINANCIAL SERVICES COMPANY
YANKEE ENERGY SERVICES COMPANY
NORCONN PROPERTIES, INC.
HEC INC.
By : /s/ Cheryl W. Grise
Name: Cheryl W. Grise
Title: Senior Vice President, Secretary and General Counsel of Northeast
Utilities Service Company, as Agent for the above companies.
R. M. SERVICES, INC.
By : /s/ Murry K. Staples
Name: Murry K. Staples
Title: President
