-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Db0t+OwM93QPU5mBBlbZtTZL02w2Prj3r6OOQ6mwQmwpDCh4luNfqnNMr3YY+cfc QkkVdknTgyyh45X5jWPEWw== 0001004858-98-000032.txt : 19980901 0001004858-98-000032.hdr.sgml : 19980901 ACCESSION NUMBER: 0001004858-98-000032 CONFORMED SUBMISSION TYPE: U-9C-3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980630 FILED AS OF DATE: 19980831 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEW CENTURY ENERGIES INC CENTRAL INDEX KEY: 0001004858 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 841334327 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: U-9C-3 SEC ACT: SEC FILE NUMBER: 074-00031 FILM NUMBER: 98701230 BUSINESS ADDRESS: STREET 1: 1225 17TH ST CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3035717511 MAIL ADDRESS: STREET 1: 1225 17TH ST CITY: DENVER STATE: CO ZIP: 80202 U-9C-3 1 U9C3 FOR 2ND QTR 98 FOR NEW CENTURY ENERGIES, INC. U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM U-9C-3 QUARTERLY REPORT PURSUANT TO RULE 58 OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 For the quarterly period ended June 30, 1998 New Century Energies, Inc. (Name of Registered Holding Company) 1225 17th Street, Denver, Colorado 80202 (Address of Principal Executives Offices) Inquires concerning this Form U-9C-3 may be directed to either: Teresa S. Madden Controller New Century Energies, Inc. 1225 17th Street, Suite 900 Denver, CO 80202 (303) 294-2338 or William M. Dudley Associate General Counsel New Century Energies, Inc. 1225 17th Street, Suite 600 Denver, CO 80202 (303) 294-2500 NEW CENTURY ENERGIES, INC. FORM U-9C-3 For the Quarter Ended June 30, 1998 Table of Contents Page Item 1. Organization Chart 1 Item 2. Issuances and Renewals of Securities and Capital Contributions 2 Item 3. Associated Transactions 2 Item 4. Summary of Aggregate Investment 3 Item 5. Other Investments 3 Item 6. Financial Statements and Exhibits 3 SIGNATURE 4 Item 1. - ORGANIZATION CHART
Name of Energy or Percentage of Nature Reporting Gas Related Date of State of Voting of Company Company Organization Organization Securities Held Business ------- ------- ------------ ------------ --------------- -------- New Century Energies, Inc.(a) NC Enterprises, Inc. (a) New Century-Cadence, Inc. (a) Energy-related August 28, 1997 CO 100% Holds energy-related company Cadence Network LLC Energy-related September 3, 1997 DE 33 1/3% Energy management and consulting services; also brokering and marketing of energy commodities Planergy Group (new) (a) Energy-related January 2, 1997 TX 100% Holds energy-related companies Planergy, Inc. (new) (a) Energy-related August 19, 1997 TX 100% Energy management and consulting services Planergy Services, Inc.(new)(a) Energy-related July 30, 1987 DE 100% Energy management and consulting services - ----------------------- (a) Directly and/or indirectly holds securities in energy-related companies.
Narrative Description of Activities for Reporting Period New Century Cadence, Inc. - Exclusively in business of holding interest in Cadence Network LLC. Cadence Network LLC provides a single source for both energy management services and products designed to lower energy costs for national companies that operate at multiple locations. Planergy Group and subsidiaries - Effective April 1, 1998, NC Enterprises, Inc. purchased all of the outstanding common stock, and assumed other outstanding debt, of Falcon Seaboard Energy Services, Inc. (FSES). Subsequently, FSES changed its name to the Planergy Group. Planergy Group consists of two principal operating subsidiaries providing energy management, consulting and demand side management services to industrial, commercial, utility and municipal customers. The operating subsidiaries consist of Planergy, Inc. and Planergy Services, Inc. Other subsidiaries that were acquired are inactive or have no significant operations or employees. 1 Item 2. - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTION CAPITAL CONTRIBUTIONS: Company Company Amount of Contributing Receiving Capital Capital Capital Contribution - ------- ------- ------------ NONE Item 3. - ASSOCIATED TRANSACTIONS Part I. - Transactions performed by reporting companies on behalf of associate companies. Reporting Associate Company Company Types of Direct Indirect Cost Total Rendering Receiving Services Costs Costs of Amount Services Services Rendered Charged Charged Capital Billed - -------- -------- -------- ------- ------- ------- ------ NONE (a) (a) Planergy, Inc. has two contracts with Southwestern Public Service Company, a New Century Energies, Inc. system operating company. These contracts were entered into and approved by the Public Utility Commission of Texas prior to the acquisition and, accordingly, are not reported herein. Part II. - Transactions performed by associate companies on behalf of reporting companies. Reporting Associate Company Company Types of Direct Indirect Cost Total Rendering Receiving Services Costs Costs of Amount Services Services Rendered Charged Charged Capital Billed - -------- -------- -------- ------- ------- ------- ------ NONE 2 Item 4. - SUMMARY OF AGGREGATE INVESTMENT Investments in energy-related companies: (in thousands) Total consolidated capitalization as of June 30, 1998 $5,113,110 Line 1 Total capitalization multiplied by 15% (Line 1 multiplied by 0.15) 766,967 Line 2 Greater of $50 million or line 2 $766,967 Line 3 Total current aggregate investment: (categorized by major line of energy-related business) Energy management services (Category I) 16,828 Total current aggregate investment 16,828 Line 4 -------- Difference between the greater of $50 million or 15% of capitalization and the total aggregate investment of the registered holding company system $750,139 Line 5 (line 3 less line 4) ======== Investments in gas-related companies: NONE Item 5. - OTHER INVESTMENTS Major Line Other Other Reason for of Energy-Related Investment in Last Investment in This Difference in Business U-9C-3 Report U-9C-3 Report Other Investment - -------- ------------- ------------- ---------------- NONE Item 6. - FINANCIAL STATEMENTS AND EXHIBITS A. Financial Statements: Exhibit A-1 Financial statements of Cadence Network, LLC for the quarter ended June 30, 1998 - filed under confidential treatment pursuant to Rule 104(b). Exhibit A-2 Financial statements of Planergy Group for the quarter ended June 30, 1998 - filed under confidential treatment pursuant to Rule 104(b). B. Exhibits: Exhibit B-1 Contract between Planergy, Inc. and Southwestern Public Service Company to provide demand-side management services. In accordance with Rule 201 of Regulation S-T, this exhibit is being filed in paper pursuant to a temporary hardship exemption. Exhibit B-2 Contract between Planergy, Inc. and Southwestern Public Service Company to provide demand-side management services. In accordance with Rule 201 of Regulation S-T, this exhibit is being filed in paper pursuant to a temporary hardship exemption. 3 SIGNATURE The undersigned registered holding company has duly caused this quarterly report to be signed on its behalf by the undersigned officer thereunto duly authorized pursuant to the requirements of the Public Utility Holding Company Act of 1935. New Century Energies, Inc. By /s/Teresa S. Madden Teresa S. Madden Controller August 28, 1998 With the above signature, I also certify that the corresponding report on Form U-9C-3 for the first quarter of 1998 was filed with New Century Energies, Inc.'s interested state commissions whose names and addresses are listed below. Public Utilities Commission of the State of Colorado 1580 Logan Street Denver, CO 80203 Public Service Commission of Wyoming Hansen Building, Suite 300 2515 Warren Avenue Cheyenne, WY 82002 Public Utility Commission of Texas 1701 N. Congress Avenue Austin, Texas 78711 New Mexico Public Utility Commission 224 E. Palace Avenue Santa Fe, NM 87503 Kansas Corporation Commission 1500 SW Arrowhead Road Topeka, KS 66604 Oklahoma Corporation Commission 2101 N. Lincoln Blvd., Suite 130 Oklahoma City, OK 73105 4 -----END PRIVACY-ENHANCED MESSAGE-----