[Federal Register Volume 59, Number 246 (Friday, December 23, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-31543]


[[Page Unknown]]

[Federal Register: December 23, 1994]


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DEPARTMENT OF ENERGY
[Dockets Nos. ER94-152-000 and EL94-9-000]

 

North American Energy Conservation, Inc.; Issuance of Order

December 19, 1994.
    On November 11, 1993 and December 28, 1993, North American Energy 
Conservation, Inc. (NAEC) submitted for filing a rate schedule under 
which NAEC will engage in wholesale electric power and energy 
transactions as a marketer. NAEC also requested waiver of various 
Commission regulations. In particular, NAEC requested that the 
Commission grant blanket approval under 18 CFR Part 34 of all future 
issuances of securities and assumptions of liability by NAEC.
    On February 10, 1994, pursuant to delegated authority, the 
Director, Division of Applications, Office of Electric Power 
Regulation, granted requests for blanket approval under Part 34, 
subject to the following:
    Within thirty days of the date of the order, any person desiring to 
be heard or to protest the blanket approval of issuances of securities 
or assumptions of liability by NAEC should file a motion to intervene 
or protest with the Federal Energy Regulatory Commission, 825 North 
Capitol Street, N.E., Washington, D.C. 20426, in accordance with Rules 
211 and 214 of the Commission's Rules of Practice and Procedure (18 CFR 
385.211 and 385.214).
    Absent a request for hearing within this period, NAEC is authorized 
to issue securities and assume obligations or liabilities as a 
guarantor, endorser, surety, or otherwise in respect to any security of 
another person; provided that such issuance or assumption is for some 
lawful object within the corporate purposes of the applicant, and 
compatible with the public interests, and is reasonably necessary or 
appropriate for such purposes.
    The Commission reserves the right to require a further showing that 
neither public nor private interests will be adversely affected by 
continued approval of NAEC's issuances of securities or assumptions of 
liability.
    Notice is hereby given that in this instance the deadline for 
filing motions to intervene or protests will be thirty days from the 
date of this notice, and will be January 18, 1995.
    Copies of the full text of the order are available from the 
Commission's Public Reference Branch, Room 3308, 941 North Capitol 
Street, N.E., Washington, D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 94-31543 Filed 12-22-94; 8:45 am]
BILLING CODE 6717-01-M