[Federal Register Volume 59, Number 246 (Friday, December 23, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-31543]
[[Page Unknown]]
[Federal Register: December 23, 1994]
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DEPARTMENT OF ENERGY
[Dockets Nos. ER94-152-000 and EL94-9-000]
North American Energy Conservation, Inc.; Issuance of Order
December 19, 1994.
On November 11, 1993 and December 28, 1993, North American Energy
Conservation, Inc. (NAEC) submitted for filing a rate schedule under
which NAEC will engage in wholesale electric power and energy
transactions as a marketer. NAEC also requested waiver of various
Commission regulations. In particular, NAEC requested that the
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liability by NAEC.
On February 10, 1994, 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 NAEC should file a motion to intervene
or protest with the Federal Energy Regulatory Commission, 825 North
Capitol Street, N.E., Washington, D.C. 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, NAEC is authorized
to issue securities and assume obligations or liabilities as a
guarantor, endorser, surety, or otherwise in respect to 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 interests, 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 NAEC's issuances of securities or assumptions of
liability.
Notice is hereby given that in this instance the deadline for
filing motions to intervene or protests will be thirty days from the
date of this notice, and will be January 18, 1995.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, Room 3308, 941 North Capitol
Street, N.E., Washington, D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 94-31543 Filed 12-22-94; 8:45 am]
BILLING CODE 6717-01-M
