UNITED STATES OF AMERICA
BEFORE THE SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
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In the Matter of
ARKANSAS POWER &
LIGHT COMPANY
CERTIFICATE PURSUANT
File No. 70-8071 TO RULE 24
(Public Utility Holding
Company Act of 1935)
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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, 1994, by Arkansas Power & Light Company
("AP&L") pursuant to the authorization of the SEC.
I. Programs 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").
II. Report of Transactions
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. Contractors
indicated that these associated items account for about 10%
of the total installed cost.
Therefore, during the year ended December 31, 1994,
AP&L participated in these activities as follows:
Activity 1, Appliance Activities - Financed
$315,517 and had proceeds of $70,163. The maximum
amount extended to a single customer was $2,000.
AP&L had outstanding principal obligations as of
December 31, 1994, of $851,213. Expenses charged
in 1994 were $213.
Activity 2, Equipment Activities - AP&L did not
finance for non-residential customers the
acquisition and installation of efficient
electrical equipment and electrotechnologies
("Equipment Activities") during the reporting
period.
IN WITNESS WHEREOF, AP&L has caused this certificate to
be executed as of the 1st day of March, 1995.
ARKANSAS POWER & LIGHT COMPANY
By: /s/ Michael R. Niggli
Michael R. Niggli
Senior Vice President-Marketing
