[Federal Register Volume 63, Number 140 (Wednesday, July 22, 1998)]
[Notices]
[Page 39283]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-19500]
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER98-3026-000]
DTE Edison America, Inc.; Notice of Issuance of Order
July 16, 1998.
DTE Edison America, Inc. (DTE Edison America), an affiliate of
Detroit Edison Company, filed an application for Commission
authorization to engage in wholesale power sales at market-based rates,
and for certain waivers and authorizations. In particular, DTE Edison
America requested that the Commission grant blanket approval under 18
CFR Part 34 of all future issuances of securities and assumptions of
liabilities by DTE Edison America. On July 16, 1998, the Commission
issued an Order Accepting For Filing Proposed Market-Based Rates
(Order), in the above-docketed proceeding.
The Commission's July 16, 1998 Order granted the request for
blanket approval under Part 34, subject to the conditions found in
Ordering Paragraphs (C), (D), and (F):
(C) 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 DTE Edison
America 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.
(D) Absent a request to be heard within the period set forth in
Ordering Paragraph (C) above, DTE Edison America 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 DTE Edison America,
compatible with the public interest, and reasonably necessary or
appropriate for such purposes.
(F) 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 DTE
Edison America's 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 August 17, 1998.
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.
David P. Boergers,
Acting Secretary.
[FR Doc. 98-19500 Filed 7-21-98; 8:45 am]
BILLING CODE 6717-01-M
