Adopted November 9, 1939 File No. 69-14
FORM U-3A-2
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
Statement by Holding Company Claiming Exemption Under Rule U-2 From the
Provisions of the Public Utility Holding Company Act of 1935
To Be Filed Annually Prior to March 1
PUBLIC SERVICE COMPANY OF COLORADO
hereby files with the Securities and Exchange Commission ("SEC"), pursuant to
Rule 2, its statement claiming exemption as a holding company from the
provisions of the Public Utility Holding Company Act of 1935 and submits the
following information:
1. Name, state of organization, location, and nature of business of claimant
and every subsidiary thereof, other than any exempt wholesale generator
(EWG) or foreign utility company in which claimant directly or indirectly
holds an interest.
a. Public Service Company of Colorado (the "Company") is incorporated
under the laws of the State of Colorado. It operates solely within
the State of Colorado and is an operating public utility, subject
to the jurisdiction of The Public Utilities Commission of the State
of Colorado (the "CPUC"), engaged principally in the generation,
purchase, transmission, distribution, and sale of electricity and
in the purchase, transmission, distribution, sale, and
transportation of natural gas. It is also engaged, but to a minor
extent only, in the rendering of steam heating. The Company
controls or has significant ownership in:
Cheyenne Light, Fuel and Power Company;
WestGas InterState, Inc.;
1480 Welton, Inc.;
Fuel Resources Development Co.;
PS Colorado Credit Corporation;
PSR Investments, Inc.;
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Natural Fuels Corporation;
e prime, inc.;
Young Gas Storage Company;
Green and Clear Lakes Company;
East Boulder Ditch Company;
Hillcrest Ditch and Reservoir Company;
United Water Company;
Fisher Ditch Water Company;
Baugh Lateral Ditch Company;
Beeman Irrigating Ditch and Milling Company;
Consolidated Extension Canal Company;
Enterprise Ditch Company;
Jones and Donnelly Ditch Company and
Las Animas Consolidated Canal Company.
b. Cheyenne Light, Fuel and Power Company is incorporated under the laws
of the State of Wyoming. It operates solely within Laramie County,
Wyoming and is an operating public utility subject to the jurisdiction
of the Public Service Commission of Wyoming, engaged principally in
the purchase, transmission, distribution, and sale of electricity and
natural gas in the City of Cheyenne, Wyoming, and environs.
c. WestGas InterState, Inc. is incorporated under the laws of the State
of Colorado. It is engaged in transporting gas within the States
of Colorado and Wyoming and is subject to the jurisdiction of the
Federal Energy Regulatory Commission ("FERC").
d. 1480 Welton, Inc. is incorporated under the laws of the State of
Colorado and is a real estate company which owns certain of the
Company's real estate interests in Colorado.
e. Fuel Resources Development Co. is incorporated under the laws of the
State of Colorado and has been engaged in the exploration for, and
the development and production of, natural gas and oil principally
in Colorado.
f. PS Colorado Credit Corporation is incorporated under the laws of the
State of Colorado and is a finance company. Its primary purpose is to
finance certain of the Company's current assets.
g. PSR Investments, Inc. is incorporated under the laws of the State of
Colorado. It owns and manages permanent life insurance policies on
certain past and present employees, the benefits from which are to
provide future funding for general corporate purposes.
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h. Natural Fuels Corporation is incorporated under the laws of the State
of Colorado and sells compressed natural gas as a transportation fuel
to retail markets, converts vehicles for natural gas usage, constructs
fueling facilities and sells miscellaneous fueling facility equipment.
The Company owns an approximate 80 percent capital stock interest in
said company.
i. e prime, inc., is incorporated under the laws of the State of
Colorado. It is engaged or intends to engage in energy-related
activities and the provision of consumer services which include, but
are not limited to, electric and gas brokering, energy consulting and
project development services and information processing and other
technology based services.
j. Young Gas Storage Company is incorporated under the laws of the State
of Delaware and holds a 47.5 percent general partnership interest in
Young Gas Storage Company, Ltd. ("Young Storage"). Young Storage owns
and operates a gas storage facility in northeastern Colorado and is
subject to the jurisdiction of the FERC.
k. Green and Clear Lakes Company is incorporated under the laws of the
State of New York and owns water rights and storage facilities located
in Colorado for water used at the Company's Georgetown Hydroelectric
Station.
l. New Century Energies, Inc. ("NCE") is incorporated under the laws of
the State of Delaware. NCE will become the parent company of the
Company and Southwestern Public Service Company upon completion of the
merger of the two utilities. On January 30, 1996, NCE filed an
application with the SEC to be a registered public utility holding
company. The Company owns a 50 percent capital stock interest in said
company.
m. The East Boulder Ditch Company is a mutual ditch company operated not
for profit. It is incorporated under the laws of the State of Colorado
and its property is located solely within the State of Colorado. The
Company has an 88.08 percent capital stock interest in said company,
which interest is held in connection with the condensing water supply
for the Valmont Steam Electric Generating Station of the Company.
n. The Hillcrest Ditch and Reservoir Company is a mutual ditch company
operated not for profit. It is incorporated under the laws of the
State of Colorado and its property is located solely within the State
of Colorado. The Company has a 77.78 percent capital stock interest in
said company, which interest is held in connection with the condensing
water supply for the Valmont Steam Electric Generating Station of the
Company.
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o. The United Water Company is a mutual ditch company operated not for
profit. It is incorporated under the laws of the State of Colorado and
its property is located solely within the State of Colorado. The
Company has a 75.05 percent capital stock interest in said company,
which interest is held in connection with the condensing water supply
for the Cherokee Steam Electric Generating Station of the Company.
p. The Fisher Ditch Water Company is a mutual ditch company operated
not for profit. It is incorporated under the laws of the State of
Colorado and its property is located solely within the State of
Colorado. The Company has a 21.73 percent capital stock interest
in said company and the United Water Company has a 44.94 percent
capital stock interest in said company. These interests are held
in connection with the condensing water supply for the Cherokee
Steam Electric Generating Station of the Company.
q. The Baugh Lateral Ditch Company is a mutual ditch company operated not
for profit. It is incorporated under the laws of the State of Colorado
and its property is located solely within the State of Colorado. The
Company has a 24.82 percent capital stock interest in said company,
which interest is held in connection with the condensing water supply
for the Fort St. Vrain Generating Station of the Company.
r. The Beeman Irrigating Ditch and Milling Company is a mutual ditch
company operated not for profit. It is incorporated under the laws of
the State of Colorado and its property is located solely within the
State of Colorado. The Company has a 46.25 percent capital stock
interest in said company, which interest is held in connection with
the farm and condensing water supply for the Fort St. Vrain Generating
Station of the Company.
s. The Consolidated Extension Canal Company is a mutual ditch company
operated not for profit. It is incorporated under the laws of the
State of Colorado and its property is located solely within the
State of Colorado. The Company has a 53.55 percent capital stock
interest in said company, which interest is held in connection with
the condensing water supply for a future Southeast Generating
Station of the Company and for future use in connection with the
condensing water supply for the Comanche Steam Electric Generating
Station of the Company.
t. The Enterprise Ditch Company is a mutual ditch company operated not
for profit. It is incorporated under the laws of the State of Colorado
and its property is located solely within the State of Colorado. The
Company has a 27.16 percent capital stock interest in said company,
which interest is held in connection with the condensing water supply
for the Valmont Steam Electric Generating Station of the Company.
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u. The Jones and Donnelly Ditch Company is a mutual ditch company
operated not for profit. It is incorporated under the laws of the
State of Colorado and its property is located solely within the
State of Colorado. The Company has a 43.11 percent capital stock
interest in said company, which interest is held in connection with
the condensing water supply for the Valmont Steam Electric
Generating Station and irrigation at the Boulder Service Center of
the Company.
v. The Las Animas Consolidated Canal Company is a mutual ditch company
operated not for profit. It is incorporated under the laws of the
State of Colorado and its property is located solely within the
State of Colorado. The Company has a 76.57 percent capital stock
interest in said company, which interest is held in connection with
the condensing water supply for a future Southeast Generating
Station of the Company and for future use in connection with the
condensing water supply for the Comanche Steam Electric Generating
Station of the Company.
2. A brief description of the properties of claimant and each of its
subsidiary public utility companies used for the generation,
transmission, and distribution of electric energy for sale, or for the
production, transmission, and distribution of natural or manufactured
gas, indicating the location of principal generating plants,
transmission lines, producing fields, gas manufacturing plants, and
electric and gas distribution facilities, including all such properties
which are outside the state in which claimant and its subsidiaries are
organized and all transmission or pipelines which deliver or receive
electric energy or gas at the borders of such state.
a. With respect to claimant and its subsidiary public utilities,
reference is made to Form 10-K of Public Service Company of
Colorado, filed pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 for the fiscal year ended December 31, 1995,
Commission File Number 1-3280, and in particular to that portion of
Form 10-K included under Items 1. and 2. "BUSINESS" and
"PROPERTIES", respectively.
b. Neither the claimant nor any of its subsidiary public utility
companies owns, operates, or uses any generating station, transmission
lines, producing fields, or electric or gas distribution facilities
outside of the state in which it is organized, nor any transmission
lines or pipelines which deliver or receive electric energy or gas at
the borders of any such state.
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3. The following information for the last calendar year with respect to
claimant and each of its subsidiary public utility companies:
a. Number of Kwh of electric energy sold (at retail or wholesale) and
Mcf of natural or manufactured gas distributed at retail.
YEAR ENDED DECEMBER 31, 1995
- ----------------------------
Public Service Cheyenne Light,
Company of Fuel and Power
Colorado Company
-------- -------
ELECTRIC
--------
Kwh Sales
---------
Retail
------
Residential 6,085,374,801 196,536,607
Commercial 9,006,955,858 277,621,131
Industrial 5,420,721,331 326,812,588
Public street and highway lighting 149,854,598 4,120,739
Public authorities 34,387,557 -
Interdepartmental 24,373,352 -
-------------- -----------
Subtotal Retail Kwh Sales 20,721,667,497 805,091,065
============== ===========
Wholesale
Rural electric associations
and municipalities 1,795,222,100 -
Other companies 1,132,169,000 -
------------- -----------
Subtotal Wholesale Kwh Electric 2,927,391,100 -
------------- -----------
Total Kwh Electric Sales 23,649,058,597 805,091,065
============== ===========
GAS
---
Natural Gas
-----------
Mcf Natural Gas Sales
---------------------
Retail
------
Residential 93,331,399 2,794,810
Commercial 55,239,485 2,456,120
Industrial 48,472 -
Interdepartmental 27,018 113
----------- ---------
Total Mcf Natural Gas Sales 148,646,374 5,251,043
=========== =========
b. Number of Kwh of electric energy and Mcf of natural or manufactured
gas distributed at retail outside the state in which each such
company is organized.
- NONE.
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c. Number of Kwh of electric energy and Mcf of natural or manufactured
gas sold at wholesale outside the state in which each such company is
organized, or at the state line.
- NONE.
d. Number of Kwh of electric energy and Mcf of natural or manufactured
gas purchased outside the state in which each such company is
organized or at the state line.
- NONE.
4. The following information for the reporting period with respect to
claimant and each interest it holds directly or indirectly in an EWG or a
foreign utility company, stating monetary amounts in United States
dollars:
a. Name, location, business address and description of the facilities
used by the EWG or foreign utility company for the generation,
transmission, and distribution of electric energy for sale or for the
distribution at retail of natural or manufactured gas.
- NONE.
b. Name of each system company that holds an interest in such EWG or
foreign utility company; and description of the interest held.
- NONE.
c. Type and amount of capital invested, directly or indirectly, by the
holding company claiming exemption; any direct or indirect guarantee
of the security of the EWG or foreign utility company by the holding
company claiming exemption; and any debt or other financial
obligation for which there is recourse, directly or indirectly, to
the holding company claiming exemption or another system company,
other than the EWG or foreign utility company.
- NONE.
d. Capitalization and earnings of the EWG or foreign utility company
during the reporting period.
- NONE.
e. Identify any service, sales, or construction contract(s) between the
EWG or foreign utility company and a system company, and describe the
services to be rendered or goods sold and fees or revenues under such
agreement(s).
- NONE.
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The above-named claimant has caused this statement to be duly
executed on its behalf by its authorized officer on this 29 day of February,
1996.
PUBLIC SERVICE COMPANY OF COLORADO
(Name of Claimant)
/s/ Teresa S. Madden
--------------------
Assistant Secretary
(Corporate Seal)
ATTEST:
/s/ Carol J. Peterson
---------------------
Assistant Secretary
Name, title, and address of officer to whom notices and correspondence
concerning this statement should be addressed:
Teresa S. Madden Assistant Secretary
---------------- -------------------
(Name) (Title)
PUBLIC SERVICE COMPANY OF COLORADO
1225 17th Street
Denver, Colorado 80202-5533
(Address)
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EXHIBIT A
To be filed under Form U-A prior to March 31, 1996, in accordance with an
extension granted by Mr. Robert Wason on February 12, 1996.
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EXHIBIT B
Financial Data Schedule
If, at the time a report on this form is filed, the registrant is
required to submit this report and any amendments thereto electronically via
EDGAR, the registrant shall furnish a Financial Data Schedule. The Schedule
shall set forth the financial and other data specified below that are applicable
to the registrant on a consolidated basis.
Item No. Caption Heading
1 Total Assets $4,354,295,392
2 Total Operating Revenues 2,110,600,967
3 Net Income 178,856,093
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EXHIBIT C
An organizational chart showing the relationship of each EWG or foreign
utility company to associate companies in the holding company system.
- NONE.
