POTOMAC EDISON CO
POS AMC, 2000-12-22
ELECTRIC SERVICES
Previous: POTOMAC EDISON CO, POS AMC, EX-99, 2000-12-22
Next: POTOMAC EDISON CO, POS AMC, EX-99, 2000-12-22



                         File No. 70-9627
                  (Potomac Edison Asset Transfer)
                      Release of Jurisdiction

                SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.   20549

                  POST-EFFECTIVE AMENDMENT NO. 3

                             FORM U-1

                      APPLICATION/DECLARATION

                               UNDER

          THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
                 _________________________________

Allegheny Energy, Inc.             Allegheny Energy Supply Company, LLC
10435 Downsville Pike              R.R. 12, P.O. Box 1000 Roseytown Road
Hagerstown, Maryland 21740         Greensburg, Penna. 15601

The Potomac Edison Company         Allegheny Energy Service Corporation
(d/b/a Allegheny Power)            10435 Downsville Pike
10435 Downsville Pike              Hagerstown, Maryland 21740
Hagerstown, Maryland 21740
                __________________________________

                      Allegheny Energy, Inc.
                       10435 Downsville Pike
                    Hagerstown, Maryland 21740

 The Commission is requested to send copies of all notices, orders
     and communications in connection with this Application /
                          Declaration to:

                     Thomas K. Henderson, Esq.
                Vice President and General Counsel
                      Allegheny Energy, Inc.
                       10435 Downsville Pike
                       Hagerstown, MD 21740

                       Anthony Wilson, Esq.
                          Senior Attorney
               Allegheny Energy Service Corporation
                       10435 Downsville Pike
                       Hagerstown, MD 21740

<PAGE>

     By  order  dated  July  31,  2000  in  this  proceeding,  the
Commission   authorized  The  Potomac  Edison  Company   ("Potomac
Edison") to transfer its undivided ownership interests in  certain
jointly   held   generating  facilities,  certain   wholly   owned
generating facilities, related fixed assets, other interests,  and
certain generating related liabilities to Allegheny Energy, Inc.'s
("Allegheny")  wholly owned generation company - Allegheny  Energy
Supply Company, L.L.C. ("Genco").  See Holding Company Act Release
No.  27205,  Order Authorizing Formation of Subsidiary  Companies;
Transfer   of  Assets  and  Liabilities  to  Associate  Generation
Company;  Issuance  of  Notes; Payment of  Dividends;  Intrasystem
Service  Agreements; Reservation of Jurisdiction (July  31,  2000)
("Original Order").

     Under the terms of the Original Order, pending completion  of
the  record,  the  Commission reserved jurisdiction  over  certain
proposed  transactions involving the transfer of assets consisting
of  Potomac  Edison's  undivided 100% ownership  interest  in  the
Luray,  Newport,  Shenandoah and Warren  hydroelectric  generating
stations  ("VA Hydro Assets"), and a request to merge AE  Units  1
and 2, L.L.C., a non-utility subsidiary of Allegheny that owns two
44  MW  generation  units and associated transmission  facilities,
step-up transformers, breakers and interconnection facilities near
Springdale,  Pennsylvania,  with  Genco  in  exchange  for   Genco
assuming the former company's outstanding debt.

     The  record  is  hereby supplemented and completed  with  the
filing of Exhibits D-8, and D-9. Exhibit D-8 is a reproduction  of
the  Order  of the Virginia State Corporation Commission approving
the transfer of the VA Hydro Assets, D-9, is a reproduction of the
Order  of  the Federal Energy Regulatory Commission approving  the
transfer  of AE Units 1 and 2, L.L.C.  Potomac Edison, Genco,  and
the  other applicants named in this proceeding hereby request that
the  Commission issue a supplemental order releasing  jurisdiction
heretofore reserved under the terms of the Original Order.

                         SIGNATURE

           Pursuant  to  the  requirements of the  Public  Utility
Holding  Company Act of 1935, the undersigned companies have  duly
caused  this  statement  to  be signed  on  their  behalf  by  the
undersigned thereunto duly authorized.

                                    Allegheny Energy, Inc.
                                    The Potomac Edison Power Company
                                    Allegheny Energy Supply Company, L.L.C.
                                    Allegheny Energy Service Company

                                    By:   /S/ THOMAS K. HENDERSON

                                          Thomas K. Henderson


Dated: December 22, 2000

                              2

<PAGE>

Exhibit H

     Form of Notice

     1.   News Digest

     ALLEGHENY  ENERGY,  INC., ET AL. A  notice  has  been  issued
giving  interested persons until December __, 2000, to  request  a
hearing on a proposal by The Potomac Edison Company a wholly owned
public  utility electric subsidiary of Allegheny Energy,  Inc.,  a
registered  public  utility  holding  company,  to  enter  into  a
leaseback agreement with Allegheny Energy Supply Company,  LLC,  a
wholly  owned  non-utility subsidiary of  Allegheny  Energy,  Inc.
(Rel. 35-27____).

     2.   Notice

Allegheny Energy, Inc. et al. (70-1______)

     Allegheny Energy, Inc.,  ("Allegheny"), a registered  holding
company,   10435  Downsville  Pike,  Hagerstown,  MD   21740-1766,
Allegheny Energy Service Company ("AESC"), a service subsidiary of
Allegheny,  The  Potomac  Edison Company  ("Potomac  Edison"),<F1> a
wholly owned public utility electric subsidiary of Allegheny,  and
Allegheny  Energy Supply Company, LLC ("GENCO"),  a  wholly  owned
subsidiary of Allegheny (collectively, "Applicants"), hereby  file
this  application-declaration with  the  Securities  and  Exchange
Commission  ("Commission") under Sections 6(a), 7, 9(a),  10,  11,
12(b) and 13(b) of the Public Utility Holding Company Act of 1935,
as amended ("Act"), and Rules 45, 46, 54, 90 and 91 under the Act.

     By  order  dated  July  31,  2000  in  this  proceeding,  the
Commission   authorized  The  Potomac  Edison  Company   ("Potomac
Edison") to transfer its undivided ownership interests in  certain
jointly   held   generating  facilities,  certain   wholly   owned
generating facilities, related fixed assets, other interests,  and
certain generating related liabilities to Allegheny Energy, Inc.'s
("Allegheny")  wholly owned generation company - Allegheny  Energy
Supply Company, L.L.C. ("Genco").  See Holding Company Act Release
No.  27205,  Order Authorizing Formation of Subsidiary  Companies;
Transfer   of  Assets  and  Liabilities  to  Associate  Generation
Company;  Issuance  of  Notes; Payment of  Dividends;  Intrasystem
Service  Agreements; Reservation of Jurisdiction (July  31,  2000)
("Original Order").

     Under the terms of the Original Order, pending completion  of
the  record,  the  Commission reserved jurisdiction  over  certain
proposed  transactions involving the transfer of assets consisting
of  Potomac  Edison's  undivided 100% ownership  interest  in  the
Luray,  Newport,  Shenandoah and Warren  hydroelectric  generating
stations  ("VA Hydro Assets"), and a request to merge AE  Units  1
and 2, L.L.C., a non-utility subsidiary of Allegheny that owns two
44  MW  generation  units and associated transmission  facilities,
step-up transformers, breakers and interconnection facilities near
Springdale,  Pennsylvania,  with  Genco  in  exchange  for   Genco
assuming the former company's outstanding debt.

_____________________________
<F1> In  addition  to  Potomac  Edison, Monongahela  Power  Company
("Monongahela")  is  a wholly owned public utility  subsidiary  of
Allegheny.   GENCO,  Potomac Edison and  Monongahela  jointly  own
Allegheny  Generating Company ("AGC"), which owns a 40%  undivided
interest in a pumped-storage hydroelectric generating facility and
related  transmission facilities located in Bath County,  Virginia
("Bath Project").

<PAGE>

     The  record  is  hereby supplemented and completed  with  the
filing of Exhibits D-8, and D-9. Exhibit D-8 is a reproduction  of
the  Order  of the Virginia State Corporation Commission approving
the transfer of the VA Hydro Assets, D-9, is a reproduction of the
Order  of  the Federal Energy Regulatory Commission approving  the
transfer  of AE Units 1 and 2, L.L.C.  Potomac Edison, Genco,  and
the  other applicants named in this proceeding hereby request that
the  Commission issue a supplemental order releasing  jurisdiction
heretofore reserved under the terms of the Original Order.

                                4

<PAGE>

Exhibit   D-8,  Order of the Virginia State Corporation Commission

Exhibit   D-9,   Order of the Federal Energy Regulatory Commission

                                5

<PAGE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission