UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________________________________________________________________________
Application of Unitil Corporation | ) | |
) | CERTIFICATE PURSUANT TO | |
and its Subsidiaries on Form U-1 | ) | RULE 24 UNDER THE PUBLIC |
) | UTILITY HOLDING COMPANY ACT | |
(File No. 70-9633) | ) | of 1935 |
________________________________________________________________________________
Pursuant to the requirements of Rule 24 under the Public Utility Holding Company Act of 1935, Unitil Corporation ("Unitil"), on behalf of itself and its subsidiaries, Unitil Energy Systems, Inc., Fitchburg Gas and Electric Light Company, Unitil Power Corp., Unitil Realty Corp., Unitil Resources Inc. and Unitil Service Corp., hereby files the attached quarterly report as required by the Securities and Exchange Commission's order approving short-term borrowings by Unitil and its subsidiaries and approving the Unitil System money pool (HCAR. No. 27182; File No. 70-9633, June 9, 2000).
Exhibit
Exhibit A - | Quarterly Report of Unitil Corporation and Its Subsidiaries by Short-term |
Borrowings and Money Pool Transactions for the Fourth quarter of 2002. |
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act of 1935, the undersigned company has duly caused this Certificate to be signed on its behalf by the undersigned thereunto duly authorized.
UNITIL CORPORATION | |
By: /s/ Mark H. Collin | |
Mark H. Collin | |
Treasurer |
Dated:
EXHIBIT A | ||||
QUARTERLY REPORT BY UNITIL CORPORATION AND ITS SUBSIDIARIES OF SHORT-TERM BORROWINGS AND MONEY POOL TRANSACTIONS FOR THE FOURTH QUARTER OF 2002 | ||||
Unitil Energy | Fitchburg | |||
Unitil | Systems | Gas & Electric | ||
Corporation | Inc. ** | Light Company | ||
(a) | ||||
Maximum Principal Amount | ||||
of Short-term Borrowings | ||||
Outstanding During the | ||||
Quarter: | ||||
Money Pool | N/A | $9,978,614 | $24,558,655 | |
Banks | $35,990,000 | None | None | |
(b) | ||||
Average Interest Rate for | ||||
the Money Pool Borrowings | ||||
During the Quarter* | N/A | 2.00% | 2.03% | |
(c) | ||||
Maximum Amount Outstanding | ||||
By Company for Each Source | ||||
of Outside Borrowings | ||||
During the Quarter: | ||||
Fleet Bank – NH | $15,990,000 | None | None | |
Citizens Bank | $11,000,000 | None | None | |
Sovereign Bank | $9,000,000 | None | None | |
*Excludes Bank Service and commitment fees. | ||||
**Exeter & Hampton Electric (E&H) was merged into Concord Electric Company (CEC) on December 2, 2002. The name of the surviving company was changed on that date to Unitil Energy Systems, Inc. (UES). The data for the 4th quarter of 2002 reflects the combination of CEC and E&H. | ||||
EXHIBIT A | ||||
QUARTERLY REPORT BY UNITIL CORPORATION AND ITS SUBSIDIARIES OF SHORT-TERM BORROWINGS AND MONEY POOL TRANSACTIONS FOR THE FOURTH QUARTER OF 2002 | ||||
UNITIL | UNITIL | UNITIL | UNITIL | |
Power | Realty | Service | Resources | |
Corp. | Corp. | Corp. | Inc. | |
(a) | ||||
Maximum Principal Amount | ||||
of Short-term Borrowings | ||||
Outstanding During the | ||||
Quarter: | ||||
Money Pool | $2,747,961 | None | $5,666,037 | $1,536,800 |
Banks | None | None | None | None |
(b) | ||||
Average Interest Rate for | ||||
the Money Pool Borrowings | ||||
During the Quarter* | 2.03% | None | 2.06% | 2.01% |
(c) | ||||
Maximum Amount Outstanding | ||||
By Company for Each Source | ||||
of Outside Borrowings | ||||
During the Quarter: | ||||
Fleet Bank – NH | None | None | None | None |
Citizens Bank | None | None | None | None |
Sovereign Bank | None | None | None | None |
* Excludes Bank Service and Commitment Fees. | ||||