February 17, 1994
By Electronic Transmission
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Re: Rockland Electric Company
(CIK: 084613)
Current Report on Form 8-K
Ladies and Gentlemen:
On behalf of Rockland Electric Company (the "Company"), I
transmit for filing a Current Report on Form 8-K dated February
10, 1994 of the Company pursuant to Rule 13a-11 and Regulation
S-T under the Securities Exchange Act of 1934. Two complete
copies of this Form 8-K are being filed with the New York Stock
Exchange today, and one conformed copy has been sent to the
Commission for its records.
Please transmit an acceptance message with respect to this
filing to the Company's CompuServe account number 72741,157.
Sincerely,
/s/Jean H. Meader
Jean H. Meader
Assistant General Counsel
JHM/dja
Enclosures<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 10, 1994
ROCKLAND ELECTRIC COMPANY
(Exact name of Registrant as specified in its charter)
Incorporated in New Jersey 2-36005 13-1727720
(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification
Incorporation) Number)
One Blue Hill Plaza, Pearl River, New York 10965
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (914) 352-6000
<PAGE>
Items 1. - 3. Not Applicable.
Item 4. Changes in Registrant's Certifying Accountant.
On February 10, 1994, the Executive Committee of the Board
of Directors of Orange and Rockland Utilities, Inc. (the
"Parent"), the sole shareholder of the Company, appointed the
accounting firm of Arthur Andersen & Co. to audit the books,
records and accounts of the Parent and its subsidiaries,
including the Company, for the 1994 fiscal year. The appointment
of Arthur Andersen & Co. is subject to the approval of the
shareholders of the Parent at the Parent's Annual Meeting to be
held on April 13, 1994.
The accounting firm of Grant Thornton audited the
consolidated financial statements of the Parent for 1993 and
prior years. Upon recommendation of the Audit Committee of the
Parent's Board of Directors (the "Audit Committee"), the Board of
Directors of the Parent decided to solicit bids for the
performance of auditing services for the Parent and its
subsidiaries for 1994. Bids were received from six public
accounting firms, including Grant Thornton. Based on a review of
the competing bids, the Audit Committee believed that the
selection of Arthur Andersen & Co. would be in the best interests
of the Company and its subsidiaries and recommended such
selection to the Board of Directors of the Parent.
The reports of Grant Thornton on the Parent's consolidated
financial statements for the past two fiscal years did not
contain an adverse opinion or a disclaimer of opinion and the
reports were not qualified or modified as to uncertainty, audit
scope or accounting principles, except that the report for 1993
will be modified by inclusion of an explanatory paragraph
regarding the uncertainty of the pending investigations of the
Company and related litigation described in the Parent's Current
Reports on Form 8-K dated August 16, October 6, November 23 and
December 16, 1993 and Quarterly Report on Form 10-Q for the
quarter ended September 30, 1993. Since January 1, 1992, there
have been no disagreements with Grant Thornton on any matter of
accounting principles or practices, financial statement
disclosure or auditing scope or procedure, which, if not resolved
to the satisfaction of Grant Thornton, would have caused Grant
Thornton to make reference to the subject matter of such
disagreements in connection with its report.
Items 5. - 6. Not Applicable.
Item 7. Financial Statements and Exhibits.
Exhibit 16 - Letter from Grant Thornton -
to be filed by amendment.
Item 8. Not Applicable.<PAGE>
Exhibit Index
Page
Exhibit 16 Letter from Grant Thornton *
______________________
* To be filed by amendment.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
ROCKLAND ELECTRIC COMPANY
By: /s/L. Mario DiValentino
L. Mario DiValentino
Vice President
Dated: February 17, 1994
