SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549-1004
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) December 1, 1997
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Commission File Number 33-43508
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NORTH ATLANTIC ENERGY CORPORATION
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(Exact name of registrant as specified in its charter)
NEW HAMPSHIRE 06-1339460
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1000 ELM STREET, MANCHESTER, NEW HAMPSHIRE 03105
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(Address of principal executive officers) (Zip Code)
(603) 669-4000
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events
1. New Hampshire Rates
On December 1, 1997, the New Hampshire Public Utilities Commission
issued the Fuel and Purchased Power Adjustment Clause (FPPAC) rate to be
collected by Public Service Company of New Hampshire (PSNH), a wholly owned
subsidiary of Northeast Utilities (NU), from December 1, 1997 through May 31,
1998. The FPPAC rate will increase customer bills by approximately six
percent; however, a temporary base rate decrease, announced in October 1997
in PSNH's ongoing base rate proceeding, reduced customer bills by
approximately 6.9 percent effective as of December 1, 1997.
For more information regarding this matter, see NU's current report on
Form 8-K dated October 13, 1997, quarterly reports on Form 10-Q for the
quarters ending March 31, 1997, June 30, 1997, and September 30, 1997 and
"Item 1. Business-Rates-New Hampshire Retail Rates" in NU's 1996 Form 10-K.
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.
NORTH ATLANTIC ENERGY CORPORATION
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Registrant
Date December 23, 1997 By /s/John B. Keane
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John B. Keane
Vice President and Treasurer
