[Federal Register Volume 60, Number 104 (Wednesday, May 31, 1995)]
[Notices]
[Page 28396]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-13225]
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[Docket No. EC95-12-000, et al.]
Century Power Corporation, et al., Electric Rate and Corporate
Regulation Filings
May 23, 1995.
Take notice that the following filings have been made with the
Commission:
1. Century Power Corporation
[Docket No. EC95-12-000]
Take notice that on May 19, 1995, Century Power Corporation filed
an application under Sec. 203 of the Federal Power Act for an order
authorizing it to terminate its status as a public utility under the
Act as of the later of (1) January 2, 1996, or such other date as it
sells its 8.2% ownership interest in San Juan Unit 3 and ceases making
sales for resale of electric power, or (2) the expiration of appeal
rights under the last of the final Commission orders in Docket Nos.
ER79-97 or EL93-19, in which Century serves as a conduit to pay over to
San Diego Gas & Electric Company any refunds received from Tucson
Electric Power Company. Upon the later of these events, Century expects
to no longer perform any function subject to the Commission's
jurisdiction under the Act.
Comment date: June 8, 1995, in accordance with Standard Paragraph E
at the end of this notice.
2. The Cleveland Electric Illuminating Company and The Toledo Edison
Company
[Docket No. EC94-14-000]
Take notice that on May 9, 1995, The Cleveland Electric
Illuminating Company (Cleveland Electric) and The Toledo Edison Company
(Toledo Edison)(together, the Applicants), pursuant to Sec. 203 of the
Federal Power Act, 16 U.S.C. Sec. 824b, and Part 33 of the Rules and
Regulations of the Federal Energy Regulatory Commission (Commission),
tendered for filing an amendment to the application for an order from
the Commission authorizing the merger of Toledo Edison into Cleveland
Electric.
The Applicants are public utilities organized and existing under
the laws of the State of Ohio, and both Applicants are engaged in the
business of supplying electric energy to wholesale and retail customers
within the State of Ohio. Cleveland Electric generates, transmits,
distributes and sells electric energy to approximately 748,000
customers in Northeastern Ohio. Toledo Edison generates, transmits,
distributes and sells electric energy to approximately 285,000
customers in Northwestern Ohio. Cleveland Electric's and Toledo
Edison's operations are subject to regulation by The Public Utilities
Commission of Ohio. Centerior Energy Corporation (Centerior), which is
organized and existing under the laws of the State of Ohio, is the 100%
owner of the common stock of both Cleveland Electric and Toledo Edison.
Each of Cleveland Electric and Toledo Edison has outstanding serial
preferred shares that are held by the public.
Under the terms and conditions of a definitive Agreement of Merger
entered into by Cleveland Electric and Toledo Edison, 100% of the
common shares of Toledo Edison will be converted into newly-issued
common shares of Cleveland Electric, the Toledo Edison preferred shares
will be exchanged for newly-issued preferred shares of Cleveland
Electric, and any dissenting preferred shareholders of Toledo Edison
will be paid cash for their shares upon exercise of applicable
dissenters' rights. Upon the occurrence of these events, Toledo Edison
will be merged into Cleveland Electric, and the separate corporate
existence of Toledo Edison will cease. Cleveland Electric will, by
operation of law, acquire title to and interest in all facilities of
Toledo Edison that are currently under the jurisdiction of the
Commission, and Cleveland Electric will operate such facilities without
change.
Cleveland Electric and Toledo Edison believe that the proposed
corporate reorganization is consistent with the public interest, and
that it will be in the best interest of the customers, share owners and
employees of both Applicants.
Comment date: June 8, 1995, in accordance with Standard Paragraph E
at the end of this notice.
3. Central Power and Light
[Docket No. ER95-853-000 Company]
Take notice that on May 16, 1995, Central Power and Light Company
(CPL) tendered for filing an amendment to its Coordination Sales
Tariff, filed March 31, 1995. Under the Coordination Sales Tariff, CPL
will make Economy Energy, Short-Term Power and Energy, General Purpose
Energy and Emergency Energy Service available to customers upon mutual
agreement. The amendment lowers the rate for purchase and resale
transactions.
CPL has asked for an effective date of April 1, 1995. Copies of
this filing were served on the Public Utility Commission of Texas and
all customers presently established under the Tariff. Copies are also
available for public inspection at CPL's offices in Corpus Christi,
Texas.
Comment date: June 6, 1995, in accordance with Standard Paragraph E
at the end of this notice.
Standard Paragraphs
E. Any person desiring to be heard or to protest said filing 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 18 CFR 385.214). All such
motions or protests should be filed on or before the comment date.
Protests will be considered by the Commission in determining the
appropriate action to be taken, but will not serve to make protestants
parties to the proceeding. Any person wishing to become a party must
file a motion to intervene. Copies of this filing are on file with the
Commission and are available for public inspection.
Lois D. Cashell
Secretary.
[FR Doc. 95-13225 Filed 5-30-95; 8:45 am]
BILLING CODE 6717-01-P