[Federal Register Volume 61, Number 208 (Friday, October 25, 1996)]
[Notices]
[Page 55283]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-27387]
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DEPARTMENT OF ENERGY
[Docket No. ER96-2627-000]
New Jersey Natural Energy Company; Notice of Issuance of Order
October 21, 1996.
New Jersey Natural Energy Company (New Jersey Energy) submitted for
filing a rate schedule under which New Jersey Energy will engage in
wholesale electric power and energy transactions as a marketer. New
Jersey Energy also requested waiver of various Commission regulations.
In particular, New Jersey Energy requested that the Commission grant
blanket approval under 18 CFR Part 34 of all future issuances of
securities and assumptions of liability by New Jersey Energy.
On October 2, 1996, pursuant to delegated authority, the Director,
Division of Applications, Office of Electric Power Regulation, granted
requests for blanket approval under Part 34, subject to the following:
Within thirty days of the date of the order, any person desiring to
be heard or to protest the blanket approval of issuances of securities
or assumptions of liability by New Jersey Energy should file a motion
to intervene or protest with the Federal Energy Regulatory Commission,
888 First Street NE., Washington, DC 20426, in accordance with Rules
211 and 214 of the Commission's Rules of Practice and Procedure (18 CFR
385.211 and 385.214).
Absent a request for hearing within this period, New Jersey Energy
is authorized to issue securities and assume obligations or liabilities
as a guarantor, endorser, surety, or otherwise in respect of any
security of another person; provided that such issuance or assumption
is for some lawful object within the corporate purposes of the
applicant, and compatible with the public interest, and is reasonably
necessary or appropriate for such purposes.
The Commission reserves the right to require a further showing that
neither public nor private interests will be adversely affected by
continued approval of New Jersey Energy's issuances of securities or
assumptions of liability.
Notice is hereby given that the deadline for filing motions to
intervene or protests, as set forth above, is November 1, 1996.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, 888 First Street NE., Washington,
DC 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 96-27387 Filed 10-24-96; 8:45 am]
BILLING CODE 6717-01-M