[Federal Register Volume 63, Number 248 (Monday, December 28, 1998)]
[Notices]
[Page 71456]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-34217]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER98-4608-000]
PP&L EnergyPlus Company; Notice of Issuance of Order
December 21, 1998.
PP&L EnergyPlus Company (PP&L EnergyPlus), a wholly-owned
subsidiary of PP&L, Inc., filed an application requesting that the
Commission grant it authority to charge market-based rates for
wholesale sales of energy and capacity, and for certain waivers and
authorizations. In particular, PP&L EnergyPlus requested that the
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liabilities by PP&L
EnergyPlus. On December 17, 1998, the Commission issued an Order
Conditionally Accepting For Filing Proposed Market-Based Rates For
Power Sales And Reassignment Of Transmission Rights (Order), in the
above-docketed proceeding.
The Commission's December 17, 1998 Order granted the request for
blanket approval under Part 34, subject to the conditions found in
Ordering Paragraphs (D), (E), and (G):
(D) Within 30 days of the date of this order, any person desiring
to be heard or to protest the Commission's blanket approval of
issuances of securities or assumptions of liabilities by PP&L
EnergyPlus should file a motion to intervene or protest with the
Federal Energy Regulatory Commission, 888 First 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.
(E) Absent a request to be heard within the period set forth in
Ordering Paragraph (D) above, PP&L EnergyPlus is hereby authorized to
issue securities and assume obligations and liabilities as guarantor,
indorser, surety or otherwise in respect of any security of another
person; provided that such issue or assumption is for some lawful
object within the corporate purposes of PP&L EnergyPlus, compatible
with the public interest, and reasonably necessary or appropriate for
such purposes.
(G) The Commission reserves the right to modify this order to
require a further showing that neither public nor private interests
will be adversely affected by continued Commission approval of PP&L
EnergyPlus' issuances of securities or assumptions of liabilities * *
*.
Notice is hereby given that the deadline for filing motions to
intervene or protests, as set forth above, is January 19, 1999.
Copies of the full text of the Order are available from the
Commission's Public Reference Branch, 888 First Street, N.E.,
Washington, D.C. 20426.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 98-34217 Filed 12-24-98; 8:45 am]
BILLING CODE 6717-01-M
