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)  August 18, 2008

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 June 30, 2008 – July 31, 2008 (the “July Monthly Operating Report”) with the Bankruptcy Court on August 18, 2008.  A copy of the July Monthly Operating Report is attached to this report as Exhibit 99.1 and incorporated in this report by reference.*

THE JULY 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 July 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 July Monthly Operating Report is complete.  The July 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 July 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 June 30, 2008 – July 31, 2008.

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: August 25, 2008

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 June 30, 2008 – July 31, 2008.

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  6/30/2008 to 7/31/2008
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 June 30,2008 to July 31, 2008
Opening Cash Balance -4/30/08	$             1,162
Inflows:
Customer Collections
Collateral Returned
-Sureties
-Security  Deposits
Sale Proceeds/Interest Income/Other	1
Total Inflows	1
		Distribution of Outflows
Outflows:		NewPower	The NewPower
Post Petition:		Holdings, Inc.	Company
Professionals - Bankruptcy
Consulting Fees
Lockbox Fees
Supplies & Misc
Rent	0	0
Insurance	60	60
Utilities (Heat, Hydro, Phone, etc.)
Payroll (inlcuding tax payments & fees)	9	9
T&E Reimbursements
State Tax Payments
Distribution to Equity
Total Outflows	69	69
Net Cash Flows	(68)
Closing Cash Balance	$             1,094
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 June 30,2008 to July 31, 2008
Amounts in $000's
Accounts Receivable at Petition Date:	$ 75,200
Beginning of Month Balance*  - Gross	$ 13,476	(per 6/30/08 G/L)
PLUS:  Current Month New Billings	-
LESS:  Collections During the Month	-
End of Month Balance - Gross	$ 13,476	(per 7/31/08 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 June 30,2008 to July 31, 2008
Amounts in $000's
See attached System Generated A/P reports as of 7/31/2008(Attachments 2A and 2B).
Beginning of Period Balance	$        60	(per 6/30/08 G/L)
PLUS:  New Indebtedness Incurred	65
LESS:  Amounts Paid on A/P& taxes	(69)
End of Month Balance	$        56	(per 7/31/08 G/L)

9:55 PM	The New Power Company 6/30/03	Exhibit 2A
08/16/08	Vendor Balance Detail
	As of July 31, 2008

	Type	Date	Amount	Balance
Arkadin, Inc.				-18.57
	Bill	07/31/2008	85.33	66.76
	Bill	07/22/2008	18.57	85.33
	Bill Pmt -Check	07/31/2008	-85.33	0.00
Total Arkadin, Inc.			18.57	0.00
AT&T				0.00
	Bill	07/31/2008	10.60	10.60
	Bill Pmt -Check	07/31/2008	-10.60	0.00
Total AT&T			0.00	0.00
epiq Systems				0.00
	Bill	07/31/2008	409.28	409.28
	Bill Pmt -Check	07/31/2008	-409.28	0.00
Total epiq Systems			0.00	0.00
Iron Mountain Off-Site Data Protection				0.00
	Bill	07/31/2008	1,076.04	1,076.04
	Bill Pmt -Check	07/31/2008	-1,076.04	0.00
Total Iron Mountain Off-Site Data Protection			0.00	0.00
JPMorgan Chase				0.00
	Bill	07/31/2008	22.79	22.79
	Bill Pmt -Check	07/31/2008	-22.79	0.00
Total JPMorgan Chase			0.00	0.00
Kaster Moving Co. Inc.				0.00
	Bill Pmt -Check	07/07/2008	-92.74	-92.74
	Bill	07/22/2008	92.74	0.00
Total Kaster Moving Co. Inc.			0.00	0.00
Mesirow Financial Services, Inc				0.00
	Bill	07/07/2008	60,000.00	60,000.00
	Bill Pmt -Check	07/07/2008	-60,000.00	0.00
Total Mesirow Financial Services, Inc			0.00	0.00
Ms. Patricia Foster				0.00
	Bill	07/31/2008	375.00	375.00
	Bill Pmt -Check	07/31/2008	-375.00	0.00
Total Ms. Patricia Foster			0.00	0.00
Pink Sheets LLC				0.00
	Bill	07/31/2008	750.00	750.00
	Bill Pmt -Check	07/31/2008	-750.00	0.00
Total Pink Sheets LLC			0.00	0.00
Sidley Austin Brown & Wood				0.00
	Bill	07/31/2008	1,725.22	1,725.22
	Bill Pmt -Check	07/31/2008	-1,725.22	0.00
Total Sidley Austin Brown & Wood			0.00	0.00
U.S. Trustee Program Payment Center				0.00
	Bill	07/31/2008	325.00	325.00
	Bill Pmt -Check	07/31/2008	-325.00	0.00
Total U.S. Trustee Program Payment Center			0.00	0.00
TOTAL			18.57	0.00
New Indebtedness			64,890.57
Paid			-64,872.00

The New Power Company	Exhibit 2B
Unpaid Balance Detail
As of July 31, 2008

Name	Balance
Franchise Tax Liability	55,465.82
Payroll Tax Liablility	0.88
	55,466.70

Attachment 3

NewPower Holdings, Inc.
Case Number: 02-10835
Inventroy and Fixed Assets Report
For Period from June 30,2008 to July 31, 2008
Amounts in $000's
Inventory Report
Inventory Balance at Petition Date	$ 15,587
Inventory at Beginning of Period	$          -	(per 6/30/08 G/L)
PLUS:  Inventrory Purchased	-
LESS:  Inventory Used or Sold	-
End of Month Balance	$          -	(per 7/31/08 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	$   1,238
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 3

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	7/01/2008-7/31/2008
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	$         155,065.61
Total Deposits	$                114.81	interest
Total Payments	$           63,985.71	Includes transfer to Manual Checking of $60,544
Closing Balance	$           91,194.71
Service Charges
Electronic Payments issued this Period			EP14
Last Payment issued this Period			EP 20
Total # of payments this Period			9

Attachment 4

Page 2 of 3

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	7/01/2008-7/31/2008
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	$       1,006,153.24
Total Deposits	$                 690.63	Interest Income
Total Payments	$              3,931.74	Payroll Taxes
Closing Balance	$       1,002,912.13
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 3

Name of Debtor :	NewPower Holdings Inc.
Case # :	02-10835
Reporting Period:	7/01/2008-7/31/2008
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	$60,504.16	Transfer from Concentration
Total Payments	$60,504.16
Closing Balance	$0.00
Service Charges	N/A
First Check issued this Period		201226
Last Check issued this Period		201233
Voided Checks
Total # of checks issued this Period		8

The New Power Company	EXHIBIT 5
Check Detail
July 2008

Num	Date	Name	Paid Amount
wire	07/13/2008	United States Treasury	3,931.76
wire	07/31/2008	United States Treasury	3,931.74
EP14	07/07/2008	Kaster Moving Co. Inc.	92.74
EP15	07/15/2008	M. Patricia Foster	3,388.82
EP16	07/31/2008	Arkadin, Inc.	85.33
EP17	07/31/2008	AT&T	10.60
EP18	07/31/2008	epiq Systems	409.28
EP19	07/31/2008	Iron Mountain Off-Site Data Protection	1,076.04
EP20	07/31/2008	JPMorgan Chase	22.79
201226	07/07/2008	Mesirow Financial Services, Inc	60,000.00
201227	07/13/2008	CT Commissioner of Revenue Services	504.16
201228	07/31/2008	Pink Sheets LLC	750.00
201229	07/31/2008	U.S. Trustee Program Payment Center	325.00
201230	07/31/2008	M. Patricia Foster	3,388.81
201231	07/31/2008	CT Commissioner of Revenue Services	504.16
201232	07/31/2008	Sidley Austin Brown & Wood	1,725.22
201233	07/31/2008	Ms. Patricia Foster	375.00

Attachment 6

NewPower Holdings, Inc.
Case Number: 02-10835
Monthly Tax Report
For Period from June 30,2008 to July 31, 2008
Amounts in $000's
Taxes Paid During the Month
Employment Taxes	4.4
Connecticut State Tax
Taxes Owed and Due
Payroll Tax Liability

Attachment 7A

NewPower Holdings, Inc.
Case Number: 02-10835
Summary of Officer Compensation / Summary of Personnel and Insurance Coverages
For Period from June 30,2008 to July 31, 2008
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

		Attachment 7B
	Payments made to insiders 7/01/08 - 7/31/08	(Supplemental)
Payments are in gross amts

	Title	Amount	Date	Type
M. Patricia Foster	President & CEO	$     5,208.33	7/15/2008	Salary for pay period 7/01 -7/15
		$     5,208.33	7/31/2008	Salary for pay period 7/16 -7/31
		$    10,416.67

Attachment 8

NewPower Holdings, Inc.

Case Number: 02-10835

Significant Developments During Reporting Period

For Period from June 30,2008 to July 31, 2008

none