-----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, SV0ew9cpsU4km3i7oR7Gy2v14HvL0+ikRdP0qZDWDbdVm7PgtbyvU3MG8sjKiHtW RpMpOqU3pHCXqTzlO3GKiQ== 0001047862-03-000077.txt : 20031121 0001047862-03-000077.hdr.sgml : 20031121 20031121140032 ACCESSION NUMBER: 0001047862-03-000077 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031121 ITEM INFORMATION: Other events FILED AS OF DATE: 20031121 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONSOLIDATED EDISON CO OF NEW YORK INC CENTRAL INDEX KEY: 0000023632 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 135009340 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01217 FILM NUMBER: 031017600 BUSINESS ADDRESS: STREET 1: 4 IRVING PL CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 2124604600 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ORANGE & ROCKLAND UTILITIES INC CENTRAL INDEX KEY: 0000074778 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 131727729 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-38254 FILM NUMBER: 031017599 BUSINESS ADDRESS: STREET 1: ONE BLUE HILL PLZ CITY: PEARL RIVER STATE: NY ZIP: 10965 BUSINESS PHONE: 9143526000 MAIL ADDRESS: STREET 1: ONE BLUE HILL PLAZA CITY: PEARL RIVER STATE: NY ZIP: 10965 FORMER COMPANY: FORMER CONFORMED NAME: ROCKLAND LIGHT & POWER CO DATE OF NAME CHANGE: 19681202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONSOLIDATED EDISON INC CENTRAL INDEX KEY: 0001047862 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 133965100 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14514 FILM NUMBER: 031017598 BUSINESS ADDRESS: STREET 1: 4 IRVING PLACE STREET 2: ROOM 1618 S CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 2124604600 MAIL ADDRESS: STREET 1: 4 IRVING PLACE STREET 2: ROOM 1618 S CITY: NEW YORK STATE: NY ZIP: 10003 8-K 1 nov8-k.txt CURRENT REPORT ON FORM 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: November 21, 2003 Commission Exact name of registrant as specified in its charter State of I.R.S. Employer File Number and principal office address and telephone number Incorporation I.D. Number 1-14514 Consolidated Edison, Inc. New York 13-3965100 4 Irving Place, New York, New York 10003 (212) 460-4600 1-1217 Consolidated Edison Company of New York, Inc. New York 13-5009340 4 Irving Place, New York, New York 10003 (212) 460-4600 1-4315 Orange and Rockland Utilities, Inc. New York 13-1727729 One Blue Hill Plaza, Pearl River New York 10965 (845) 352-6000
INFORMATION TO BE INCLUDED IN THE REPORT ITEM 5. OTHER EVENTS On November 21, 2003, Consolidated Edison Company of New York, Inc. (Con Edison of New York) filed requests with the New York State Public Service Commission (PSC) to increase charges for gas and steam service by $108 million and $129 million, respectively, effective October 2004. For gas, the increase is an estimated 9.8 percent over current charges. For steam, net of an estimated $64 million of expected fuel savings associated with the ongoing East River Repowering Project, the increase is an estimated 14.6 percent over current charges. Con Edison of New York believes that the proposed levels of charges are necessary for the company to upgrade and maintain critical infrastructure to meet the future energy needs of our customers and to continue to provide the safe and reliable service our customers have come to expect. Included in the infrastructure upgrades is the East River Repowering Project which will enable the company to retire older, less efficient generating units. In addition, the proposed charges will provide the company with the opportunity to earn a reasonable return for its shareholders in light of changing economic conditions which have resulted in increased pension and benefit expenses, property taxes and other expenses. The filings with the PSC reflect a return on equity of 12 percent and an equity ratio of 49.3 percent. The filings assume firm gas sales and transportation delivery volume increases of 0.8 percent annually and no increase in steam sales. The filings include a proposal for a multi-year rate plan to continue the proposed levels of charges through September 2007 provided charges would be adjusted, effective October 2005 and October 2006, to reflect inflation and changes in pension and health insurance expenses, property taxes, capital expenditures, environmental expenditures and certain other costs. In addition, the filings would continue the provisions pursuant to which energy costs are recovered from customers on a current basis and the provisions pursuant to which the effects of weather-related changes on gas net income are moderated. The company's most recent gas and steam agreements with the PSC, the 2002 gas agreement and the 2000 steam agreement (which respectively cover the three and four year periods ending September 2004), decreased charges for gas service by $25 million and increased charges for steam service by $16.6 million. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CONSOLIDATED EDISON, INC. CONSOLIDATED EDISON COMPANY OF NEW YORK, INC. ORANGE AND ROCKLAND UTILITIES, INC. By /s/ Edward J. Rasmussen Edward J. Rasmussen Vice President and Controller DATE: November 21, 2003
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