-----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, U9pfS2ABuoKh+QO39letmU2AqOI1YG3ww5r9mnQOZL5iExCnwxGWIILW+f5o2V7a +wVx3E3Yer+zvVC7d9q6yA== 0001035675-02-000039.txt : 20021217 0001035675-02-000039.hdr.sgml : 20021217 20021217161719 ACCESSION NUMBER: 0001035675-02-000039 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021217 ITEM INFORMATION: Other events FILED AS OF DATE: 20021217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NSTAR/MA CENTRAL INDEX KEY: 0001035675 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 046830187 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14768 FILM NUMBER: 02860371 BUSINESS ADDRESS: STREET 1: 800 BOYLSTON ST CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 6174242000 MAIL ADDRESS: STREET 1: 800 BOYLSTON STREET CITY: BOSTON STATE: MA ZIP: 02199 FORMER COMPANY: FORMER CONFORMED NAME: BOSTON EDISON HOLDINGS DATE OF NAME CHANGE: 19970313 FORMER COMPANY: FORMER CONFORMED NAME: B E C ENERGY DATE OF NAME CHANGE: 19980421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BOSTON EDISON CO CENTRAL INDEX KEY: 0000013372 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 041278810 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02301 FILM NUMBER: 02860372 BUSINESS ADDRESS: STREET 1: 800 BOYLSTON ST STREET 2: P1600 CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 6174242000 MAIL ADDRESS: STREET 1: 800 BOYLSTON ST STREET 2: P1600 CITY: BOSTON STATE: MA ZIP: 02199 8-K 1 nstar8k121702.htm NSTAR & BOSTON EDISON 8K DTD DECEMBER 17, 2002 UNITED STATES

UNITED STATES
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):  December 16, 2002

Commission
File Number

      

Registrant; State of Incorporation
Address and Telephone Number

     

      

I.R.S. Employer
Identification No.

1-14768    

      

NSTAR

      

04-3466300

      

800 Boylston Street

      

      

Boston, Massachusetts 02199

      

      

Telephone (617) 424-2000

      

     

      

      

1-2301     

      

BOSTON EDISON COMPANY

      

04-1278810

      

800 Boylston Street

      

      

Boston, Massachusetts 02199

      

      

Telephone (617) 424-2000

      


Item 5.  Other Events

On December 16, 2002, the Massachusetts Supreme Judicial Court (SJC) upheld the 1999 order whereby the Massachusetts Department of Telecommunications and Energy (MDTE) approved the rate plan associated with the merger of BEC Energy and Commonwealth Energy System that created NSTAR.

The MDTE’s order was appealed to the SJC by the Massachusetts Attorney General, the Energy Consortium and Harvard University.  The appeals alleged, among other things, that, in approving the rate plan and merger, the MDTE committed errors of law in several areas, including the application of the public interest standard and the approval for the rate recovery of the acquisition premium and transaction costs.

By rejecting the appeal, the SJC affirmed the MDTE’s application of the public interest standard and, in approving the rate recovery of the acquisition premium and transaction costs, the MDTE’s determination that the merger-related savings outweigh the costs of the merger.  The SJC’s decision will not have an impact on NSTAR’s current rates, its consolidated financial condition, cash flows or results of operations.

For further information regarding the merger rate appeal, see NSTAR’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2002, under Footnote J to the Condensed Consolidated Financial Statements.

SIGNATURE

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

                      

     

NSTAR

                     

     

BOSTON EDISON COMPANY

                    

     

  (Registrants)

     

     

     

     

Date: December 17, 2002                  

  By:  

/s/ R. J. WEAFER, JR                                 

     

Robert J. Weafer, Jr.

     

Vice President, Controller

     

and Chief Accounting Officer

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