UNITED STATES OF AMERICA
BEFORE THE SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
- -----------------------------------
In the Matter of :
:
ARKANSAS POWER & :
LIGHT COMPANY : CERTIFICATE PURSUANT
: TO RULE 24
File No. 70-8071 :
:
(Public Utility Holding :
Company Act of 1935) :
- -----------------------------------
Pursuant to Rule 24 promulgated by the Securities and
Exchange Commission ("SEC") under the Public Utility Holding
Company Act of 1935, modified by the application and/or
declaration referenced above and the related order dated March
16, 1993, this is to certify that the following transactions were
carried out during the twelve months ended December 31, 1993, by
Arkansas Power & Light Company ("AP&L") pursuant to the
authorization of the SEC.
I. Program Authorized
In 1993, AP&L was authorized to (i) finance for all classes
of AP&L customers the acquisition and installation of heat pumps
and other standard electric appliances, energy conservation and
weatherization materials and related ductwork and wiring, and
extended warranties, electrical efficiency testing and service
plans for such appliances and materials ("Appliance Activities"),
and (ii) finance for AP&L non-residential customers the
acquisition and installation of efficient electrical equipment
and electrotechnologies ("Equipment Activities").
During 1993, AP&L participated in the following activities
related to this program:
Activity 1, Appliance Activities.
The financing of standard electric appliances, including heat
pumps and water heaters is permitted under Rule 48 of the Holding
Company Act while the financing of associated weatherization
items, wiring and ductwork is permitted only under the authority
granted in the Commission's order approving the Program. It is
estimated that these associated items account for about 10% of
the total installed cost. Therefore, during the year ended
December 31, 1993, AP&L financed $261,877 and had proceeds of
$84,880. The maximum amount of financing extended to a single
customer was $1,000. The Company had outstanding principal
obligations as of December 31, 1993, of $747,588 exclusive of
obligations for Appliance Activities not otherwise exempt from
Section 9(a) of the Act. Expenses charged in 1993 were $51,029.
Activity 2, Equipment Activities.
The Company did not finance for non-residential customers the
acquisition and installation of efficient electrical equipment
and electrotechnologies "(Equipment Activities)" during the
reporting period.
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IN WITNESS WHEREOF, AP&L has caused this certificate to be
executed as of the 28th day of February, 1994.
ARKANSAS POWER & LIGHT COMPANY
By: /s/ Michael R. Niggli
Michael R. Niggli
Senior Vice President-Marketing
