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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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SECURITIES AND EXCHANGE COMMISSION
_____________________
FORM 8-K
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 19, 2004
_____________________
Commission |
Exact name of Registrant as specified in its charter, |
IRS Employer |
1-14766 |
Energy East Corporation (A New York Corporation) P. O. Box 12904 Albany, New York 12212-2904 (518) 434-3049 www.energyeast.com |
14-1798693 |
1-672 |
Rochester Gas and Electric Corporation 89 East Avenue Rochester, New York 14649 (585) 546-2700 |
16-0612110 |
Not Applicable
(Former name or former address, if changed since last report.)
Item 5. Other Events
(See report on Form 10-Q for Energy East Corporation (Energy East) and Rochester Gas and Electric Corporation (RG&E) for the quarter ended March 31, 2004, Item 2(a) - Liquidity and Capital Resources, Joint Proposals in RG&E 2003 Electric and Gas Rate Proceeding.)
RG&E 2003 Electric and Gas Rate Proceeding: On May 21, 2004, Energy East issued a news release concerning written orders that RG&E received from the New York State Public Service Commission (NYPSC). The orders approved both the five-year electric and natural gas rate agreements reached in March 2004 with Staff of the NYPSC and other parties, and the sale of the R. E. Ginna nuclear power plant.
The news release is attached as Exhibit 99-1 to this document.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99-1 |
Energy East Corporation's news release dated May 21, 2004. |
Forward-looking Statements: This Form 8-K contains certain forward-looking statements that are based on management's current expectations and information that is currently available. Whenever used in this report, the words "estimate," "expect," "believe," "anticipate," or similar expressions are intended to identify such forward-looking statements. For a discussion of the risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Forward-looking Statements" in Energy East's and RG&E's Annual Report on Form 10-K for the year ended December 31, 2003.
SIGNATURES
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 thereunto duly authorized.
|
ENERGY EAST CORPORATION |
ROCHESTER GAS AND ELECTRIC CORPORATION |
Exhibit 99-1
ROCHESTER GAS AND ELECTRIC CORPORATION RECEIVES NEW YORK STATE APPROVAL OF FIVE YEAR ELECTRIC AND NATURAL GAS RATE PLANS AND THE SALE OF ITS GINNA NUCLEAR PLANT
FOR IMMEDIATE RELEASE
Albany, NY and Portland, ME, May 21, 2004 - Energy East Corporation (NYSE: EAS) announced today that its wholly owned subsidiary, Rochester Gas and Electric Corporation (RG&E) received written orders from the New York State Public Service Commission (NYPSC) approving both the five-year electric and natural gas rate agreements reached in March 2004 with the NYPSC staff and other parties, and the sale of its R.E. Ginna nuclear power plant (Ginna). RG&E is currently reviewing the orders and has until May 27, 2004, to unconditionally accept them.
In addition, on May 19, 2004, the Nuclear Regulatory Commission (NRC) approved the renewal of Ginna's operating license for an additional 20 years to September 2029. This renewal, and the NYPSC's approval of the sale of Ginna to Constellation Generation Group LLC (Constellation), were two key milestones necessary for the completion of the sale. Remaining milestones include the NRC's approval of the license transfer to Constellation, as well as approval from the Federal Energy Regulatory Commission. RG&E expects to close the sale of Ginna by the end of June 2004.
The written orders are available on the NYPSC's website at www.dps.state.ny.us under the Commission Documents section.
About Energy East
: Energy East is a respected super-regional energy services and delivery company that our customers can depend on every day. We are a motivated and skilled team of professionals dedicated to creating shareholder value through our focus on profitable growth, operational excellence and strong customer partnerships. We serve about 3 million customers throughout upstate New York and New England.About RG&E: RG&E serves approximately 355,000 electricity customers and 291,000 natural gas customers in the areas in and around Rochester, New York. RG&E is a wholly owned subsidiary of RGS Energy, which merged with Energy East Corporation in 2002.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding RG&E's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of the risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Forward-Looking Statements" in RG&E's Annual report on Form 10-K for the year ended December 31, 2003.