8-K

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)  October 9, 2007

NewPower Holdings, Inc.

(Exact Name of Registrant as Specified in Its Charter)

Delaware	1-16157	52-2208601
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

P.O. Box 17296, Stamford CT	06907
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (203) 329-8412

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act  (17 CFR 240.14a-12(b))

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

As previously reported, on August 15, 2003, the United States Bankruptcy Court for the Northern District of Georgia, Newnan Division (the “Bankruptcy Court”) confirmed the Second Amended Chapter 11 Plan (the “Plan”) with respect to NewPower Holdings, Inc. (the “Company”) and TNPC Holdings, Inc. (“TNPC”), a wholly owned subsidiary of the Company. As previously reported, on February 28, 2003, the Bankruptcy Court previously confirmed the Plan, and the Plan has been effective as of March 11, 2003, with respect to The New Power Company, a wholly owned subsidiary of the Company. The Plan became effective on October 9, 2003 with respect to the Company and TNPC.

The Company filed its monthly operating report for the period of July 31, 2007-August 31, 2007  (the “August Monthly Operating Report”) with the Bankruptcy Court on October 9, 2007.  A copy of the August Monthly Operating Report is attached to this report as Exhibit 99.1 and incorporated in this report by reference.*

THE AUGUST MONTHLY OPERATING REPORT CONTAINS INFORMATION THAT HAS NOT BEEN AUDITED OR REVIEWED BY INDEPENDENT ACCOUNTANTS, HAS NOT BEEN PRESENTED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, AND MAY BE SUBJECT TO FUTURE RECONCILIATION AND ADJUSTMENTS.

The Company cautions readers not to place undue reliance upon the information contained in the August Monthly Operating Report, which contains unaudited information, and is in a format prescribed by the applicable bankruptcy laws.  There can be no assurance that the August Monthly Operating Report is complete.  The August Monthly Operating Report also contains information for periods which may be shorter or otherwise different from those contained in the Company’s reports pursuant to the Securities Exchange Act of 1934, as amended.

*Certain attachments to the August Monthly Operating Report are not included as part of Exhibit 99.1, but are available at the office of the U.S. Trustee and the Bankruptcy Court.  In addition, the Company undertakes to furnish a copy of any such omitted attachment to the Commission upon its request.

Cautionary Statement

This disclosure contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934.  These statements involve risks and uncertainties and may differ materially from actual future events or results.  Although we believe that our expectations and beliefs are based on reasonable assumptions, we can give no assurance that our goals will be achieved.  The Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

2

Item 9.01. Financial Statements and Exhibits

(c)	Exhibit No.	Description.
	99.1	Monthly Operating Report for the period July 31, 2007-August 31, 2007.

3

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: October 9, 2007

NEWPOWER HOLDINGS, INC.

By: /s/ M. Patricia Foster   

Name:  M. Patricia Foster

Title:   President & Chief Executive Officer

4

EXHIBIT INDEX

The following exhibit is filed herewith:

Exhibit No.	Description.
99.1	Monthly Operating Report for the period July 31, 2007-August 31, 2007.

5

EX-99.1

Exhibit 99.1

UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF GEORGIA

NEWNAN DIVISION

	}	CASE NUMBER
	}	02-10835
	}
The NewPower Company, et. al.	}	JUDGE	W. Homer Drake, Jr.
	}
DEBTORS	}	CHAPTER 11

DEBTOR'S MONTHLY FINANCIAL REPORTS (BUSINESS)

FOR THE PERIOD

FROM  7/31/2007 to 8/31/2007

Comes now the above-named debtor and files its Periodic Financial Reports in accordance with the Guidelines established by the United States Trustee and FRBP 2015.

	Paul Ferdinands
	Attorney for Debtor
Debtor's Address	Attorney's Address
and Phone Number	and Phone Number
P.O. Box 17296	191 Peachtree St.
Stamford, Ct 06907	Atlanta, GA 30303
Tel: (203) 329-8412	Tel: (404) 572-4600

NewPower Holdings, Inc.
Case Number:  02-10835	Post Petition
	Totals
For Period from July 31,2007 - August 31, 2007
Opening Cash Balance -7/31/07	$1,722
Inflows:
Customer Collections
Collateral Returned
-Sureties
-Security  Deposits
Sale Proceeds/Interest Income/Other	4
Total Inflows	4
		Distribution of Outflows
Outflows:		NewPower	The NewPower
Post Petition:		Holdings, Inc.	Company
Professionals - Bankruptcy	10	10
Consulting Fees
Lockbox Fees	0	0
Supplies & Misc
Rent	2	2
Insurance
Utilities (Heat, Hydro, Phone, etc.)	0	0
Payroll (inlcuding tax payments & fees)	35	35
T&E Reimbursements
State Tax Payments
Distribution to Equity
Total Outflows	47	47
Net Cash Flows	(43)
Closing Cash Balance	$1,679
Amount of Cash Balance in  Reserve for
Classes 8 -12

					Attachment 1
NewPower Holdings, Inc.
Case Number: 02-10835
Monthly Accounts Receivable Aging and Reconciliation
For Period from July 31,2007 - August 31, 2007
Amounts in $000's
Accounts Receivable at Petition Date:	$    75,200
Beginning of Month Balance*  - Gross	$    13,476	(per 7/31/07 G/L)
PLUS:  Current Month New Billings	-
LESS:  Collections During the Month	-
End of Month Balance - Gross	$    13,476	(per 8/31/07 G/L)
Allowance for Doubtful Accounts	(13,476)
End of Month Balance - Net of Allowance	$    -
Note:	The accounts receivable aging below relates only to deliveries to customers subsequent to the June 11, 2002 petition date.
	AR Aging for Post Petition Receivables
	Current	> 30 days	> 60 days	Total
	$             -	$             -	$          111	$          111

	Attachment 2
NewPower Holdings, Inc.
Case Number: 02-10835
Monthly Accounts Payable and Secured Payments Report
For Period from July 31,2007 - August 31, 2007
Amounts in $000's

See attached System Generated A/P reports as of 8/31/2007 (Attachments 2A and 2B).

Beginning of Period Balance	$  83	(per 7/31/07 G/L)
PLUS:  New Indebtedness Incurred	7
LESS:  Amounts Paid on A/P& taxes	(31)
End of Month Balance	$  59	(per 8/31/07 G/L)

Exhibit 2A

The New Power Company

Vendor Balance Detail

As of August 31, 2006

	Type	Date	Amount	Balance
Archivesone				0.00
	Bill	08/16/2007	494.34	494.34
	Bill Pmt -Check	08/16/2007	-494.34	0.00
Total Archivesone			0.00	0.00
AT&T				0.00
	Bill	08/16/2007	41.30	41.30
	Bill Pmt -Check	08/16/2007	-41.30	0.00
Total AT&T			0.00	0.00
epiq Systems				0.00
	Bill	08/16/2007	392.16	392.16
	Bill Pmt -Check	08/16/2007	-392.16	0.00
Total epiq Systems			0.00	0.00
Kaster Moving Co. Inc.				0.00
	Bill	08/16/2007	82.50	82.50
	Bill Pmt -Check	08/16/2007	-82.50	0.00
Total Kaster Moving Co. Inc.			0.00	0.00
King and Spalding				0.00
	Bill	08/16/2007	993.00	993.00
	Bill Pmt -Check	08/16/2007	-993.00	0.00
Total King and Spalding			0.00	0.00
Sidley Austin Brown & Wood				0.00
	Bill	08/16/2007	4,904.40	4,904.40
	Bill Pmt -Check	08/16/2007	-4,904.40	0.00
Total Sidley Austin Brown & Wood			0.00	0.00
US Postal Service				0.00
	Bill	08/16/2007	236.00	236.00
	Bill Pmt -Check	08/16/2007	-236.00	0.00
Total US Postal Service			0.00	0.00
TOTAL			0.00	0.00
			7143.7
			-7143.7

Exhibit 2B

The New Power Company

Unpaid Vendor Detail

As of August 31, 2006

Name	Balance
Franchise Tax Liability	55,465.00
Payroll Tax Liablility	3,215.12
	58,680.12

			Attachment 3
NewPower Holdings, Inc.
Case Number: 02-10835
Inventroy and Fixed Assets Report
For Period from July 31,2007 - August 31, 2007
Amounts in $000's
Inventory Report
Inventory Balance at Petition Date	$     15,587
Inventory at Beginning of Period	$    -	(per 7/31/07 G/L)
PLUS:  Inventrory Purchased	-
LESS:  Inventory Used or Sold	-
End of Month Balance	$    -	(per 8/31/07 G/L)
Inventory is generally costed at the lower of cost or market.  By the end of July 2002 we had sold all of our gas inventory either to retail customers or financial buyers as part of our asset sales.
Fixed Asset Report
Book Value at Petition Date	$         ,238
Our fixed assets at petition date consisted of office furniture and equipment.  These assets were transferred to our lessor in June 2002 as part of the settlement of our lease obligation.
Fixed Assets at Beginning of Period	$               -
Less:  Depreciation Expense	-
Less:  Dispositions	-
Add:  Purchases	-
Fixed Assets at End of Period	$                    -

			Attachment 4 Page 1 of 16
Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	JP Morgan Chase
Branch:	New York ABA # 021000021
Account Name:	The New Power Company Concentration Account
Account Number:
Purpose of Account:	Concentration Account
Beginning Balance	$  589,624.18
Total Deposits	$      3,684.47
Total Payments	$         22,179.27
Closing Balance	$        571,129.38
Service Charges	$   151.41
First Check issued this Period		N/A
Last Check issued this Period		N/A
Total # of checks issued this Period		N/A

	Attachment 4 Page 2of 16
Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	JP Morgan Chase
Branch:	New York ABA # 021000021
Account Name:	The New Power Company
Account Number:
Purpose of Account:	Money Market
Beginning Balance	$        1,153,085.62
Total Deposits	$               1,969.14	Interest Income
Total Payments	$             26,210.96	Payroll Taxes
Closing Balance	$        1,128,843.80
Service Charges	$                            -
First Check issued this Period		N/A
Last Check issued this Period		N/A
Total # of checks issued this Period		N/A

 Attachment 4
Page 3 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	JP Morgan Chase
Branch:	Syracuse, NY
Account Name:	The New Power Company
Account Number:
Purpose of Account:	Controlled Disbursements (A/P)
Beginning Balance	$0.00
Total Deposits	$22,027.86
Total Payments	$22,027.86
Closing Balance	$0.00
Service Charges	N/A
First Check issued this Period		201093
Last Check issued this Period		201101
Total # of checks issued this Period		9

 Attachment 4
Page 4 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	JP Morgan Chase
Branch:	New York ABA # 021000021
Account Name:	The New Power Company Reserve Account
Account Number:
Purpose of Account:	Reserve for Shareholder Distributions

 Attachment 4
Page 5 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	JP Morgan Chase
Branch:	Syracuse, NY
Account Name:	NewPower Holdings, Inc. - Refund Disbursement A/C
Account Number:
Purpose of Account:	Controlled Disbursements (Customer Refunds)
Beginning Balance	$0.00
Total Deposits	$0.00
Total Payments	$0.00
Closing Balance	$0.00
Service Charges	N/A
First Check issued this Period		NA
Last Check issued this Period		NA
Total # of checks issued this Period		NA
	ACCOUNT CLOSED

 Attachment 4
Page 6 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	JP Morgan Chase
Branch:	New York ABA # 021000021
Account Name:	NewPower ACH Account
Account Number:
Purpose of Account:	ACH (T&E)
Beginning Balance	$0.00
Total Deposits	$0.00
Total Payments	$0.00
Closing Balance	$0.00
Service Charges	N/A
First Check issued this Period		N/A
Last Check issued this Period		N/A
Total # of checks issued this Period		N/A
	ACCOUNT CLOSED

 Attachment 4
Page 7 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	First Union/ Wachovia
Branch:	Herndon, VA  ABA # 051400549
Account Name:	The New Power Company
Account Number:
Purpose of Account:	Natural Gas Collections
Beginning Balance	$0.00
Total Deposits	$0.00
Total Payments	$0.00
Closing Balance	$0.00
Service Charges	N/A
First Check issued this Period		N/A
Last Check issued this Period		N/A
Total # of checks issued this Period		N/A
	ACCOUNT CLOSED

 Attachment 4
Page 8 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	First Union/ Wachovia
Branch:	Charlotte, NC ABA # 053000219
Account Name:	The New Power Company
Account Number:
Purpose of Account:	Power/ IBM Collections
Beginning Balance	$0.00
Total Deposits	$0.00
Total Payments	$0.00
Closing Balance	$0.00
Service Charges	$0.00
First Check issued this Period		N/A
Last Check issued this Period		N/A
Total # of checks issued this Period		N/A
	ACCOUNT CLOSED

 Attachment 4
Page 9 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	JP Morgan Chase
Branch:	New York ABA # 021000021
Account Name:	NewPower Holdings, Inc. - Payroll Account
Account Number:
Purpose of Account:	Payroll
Beginning Balance	$0.00
Total Deposits	$0.00
Total Payments	$0.00
Closing Balance	$0.00
Service Charges	N/A
First Check issued this Period		N/A
Last Check issued this Period		N/A
Total # of checks issued this Period		N/A
	ACCOUNT CLOSED

 Attachment 4
Page 10 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	JP Morgan Chase
Branch:	New York ABA # 021000021
Account Name:	NewPower Enron Segregated A/C
Account Number:
Purpose of Account:	Concentration Account
Beginning Balance	$0.00
Total Deposits	$0.00
Total Payments	$0.00
Closing Balance	$0.00
Service Charges	N/A
First Check issued this Period		N/A
Last Check issued this Period		N/A
Total # of checks issued this Period		N/A
	ACCOUNT CLOSED

 Attachment 4
Page 11 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	Royal Bank of Canada
Branch:	Ontario Transit # 00192
Account Name:	The New Power Company
Account Number:
Purpose of Account:	CAN$ Operating A/C
Beginning Balance	$0.00	CAN$
Total Deposits
Total Payments	$0.00
Closing Balance	$0.00
Service Charges	$                      -
First Check issued this Period		NA
Last Check issued this Period		NA
Total # of checks issued this Period		0
	ACCOUNT CLOSED

 Attachment 4
Page 12 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	First Union/ Wachovia
Branch:	Charlotte, NC ABA # 053000219
Account Name:	The New Power Company
Account Number:
Purpose of Account:	Power/AES Collections
Beginning Balance	$0.00
Total Deposits	$0.00
Total Payments	$0.00
Closing Balance	$0.00
Service Charges	N/A
First Check issued this Period		N/A
Last Check issued this Period		N/A
Total # of checks issued this Period		N/A
	ACCOUNT CLOSED

 Attachment 4
Page 13 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	Royal Bank of Canada
Branch:	Ontario Transit # 00192
Account Name:	The New Power Company
Account Number:
Purpose of Account:	US$ A/C
Beginning Balance	$0.00
Total Deposits	$0.00
Total Payments	$0.00
Closing Balance	$0.00
Service Charges	N/A
First Check issued this Period		N/A
Last Check issued this Period		N/A
Total # of checks issued this Period		N/A
	ACCOUNT CLOSED

 Attachment 4
Page 14 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	JP Morgan Chase
Branch:	New York ABA # 021000021
Account Name:	The New Power Company
Account Number:
Purpose of Account:	WildCard ATM Settlement
Beginning Balance	$0.00
Total Deposits	$0.00
Total Payments	$0.00
Closing Balance	$0.00
Service Charges	N/A
First Check issued this Period		N/A
Last Check issued this Period		N/A
Total # of checks issued this Period		N/A
	ACCOUNT CLOSED

 Attachment 4
Page 15 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	JP Morgan Chase
Branch:	Syracuse, NY
Account Name:	NewPower Holdings, Inc.
Account Number:
Purpose of Account:	Controlled Disbursements (A/P)
Beginning Balance	$0.00
Total Deposits	$0.00
Total Payments	$0.00
Closing Balance	$0.00
Service Charges	N/A
First Check issued this Period		None
Last Check issued this Period		None
Total # of checks issued this Period		None
	ACCOUNT CLOSED

 Attachment 4
Page 16 of 16

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	8/01/2007-8/31/2007
Name of Bank:	Credit Suisse Asset Management
Branch:	466 Lexington Ave.  NY, NY 10017-3140
Account Name:	NewPower Holdings, Inc.
Account Number:
Purpose of Account:	Short Term Cash Mgmt Portfolio
Beginning Balance	$0.00
Total Deposits	$0.00
Total Payments	$0.00
Closing Balance	$0.00
Service Charges	N/A
First Check issued this Period		N/A
Last Check issued this Period		N/A
Total # of checks issued this Period		N/A
	ACCOUNT CLOSED

Exhibit 5

The New Power Company

Check Detail

August 2007

Num	Date	Name	Original Amount
201102	08/13/2007	CT Commissioner of Revenue Services	2,995.83
wire	08/13/2007	United States Treasury	24,929.08
201103	08/15/2007	M. Patricia Foster	3,704.73
201104	08/16/2007	Kaster Moving Co. Inc.	82.50
201105	08/16/2007	Archivesone	494.34
201106	08/16/2007	King and Spalding	993.00
201107	08/16/2007	Sidley Austin Brown & Wood	4,904.40
201108	08/16/2007	epiq Systems	392.16
201109	08/16/2007	AT&T	41.30
201110	08/16/2007	US Postal Service	236.00
201113	08/29/2007	M. Patricia Foster	3,704.73

Exhibit 6

NewPower Holdings, Inc.
Case Number: 02-10835
Monthly Tax Report
For Period from July 31,2007 - August 31, 2007
Amounts in $000's
Taxes Paid During the Month
Employment Taxes	27.9
Taxes Owed and Due
Payroll Tax Liability	3.2

Exhibit 7A

NewPower Holdings, Inc.
Case Number: 02-10835
Summary of Officer Compensation / Summary of Personnel and Insurance Coverages
For Period from July 31,2007 - August 31, 2007
Amounts in $000's
Summary of Officer Compensation
See supplemental attachment.
Personnel Report
	Full Time	Part Time
# of Employees at beginning of period		1
# hired during the period	-	-
# terminated/resigned during period	-	-
# employees on payroll - end of period	0	1
# of employees on temporary consulting assignments		0
Confirmation of Insurance
See supplemental attachment.*
* Omitted

Exhibit 7B

(Supplemental)

Payments made to insiders 8/01/07 - 8/31/07

Payments are in gross amts
Title	Amount	Date	Type
President & CEO	$ 5,208.33	8/15/2007	Salary for pay period 8/01 -8/15
	$ 5,208.33	8/29/2007	Salary for pay period 8/16 -8/31
	$ 10,416.67

Attachment 8

NewPower Holdings, Inc.

Case Number:  02-10835

Significant Developments During Reporting Period

For Period from July 31, 2007 - August 31, 2007