As Filed with the Securities |
U.S. SECURITIES AND EXCHANGE COMMISSION |
QUARTERLY REPORT PURSUANT TO RULE 58 OF |
For the quarterly period ended September 30, 2004 |
Pepco Holdings, Inc. |
701 Ninth Street, N.W. |
Inquiries concerning this Form U-9C-3 may |
Anthony J. Kamerick |
______________________________________________________________________________ |
Pepco Holdings, Inc. |
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Table of Contents |
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Page |
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Item 1. Organization Chart |
1 |
Item 2. Issuance and Renewals of Securities and Capital Contributions |
2 |
Item 3. Associated Transactions |
3 |
Item 4. Summary of Aggregate Investment |
5 |
Item 5. Other Investments |
5 |
Item 6. Financial Statements and Exhibits |
5 |
SIGNATURE |
6 |
______________________________________________________________________________ |
Item 1. - ORGANIZATION CHART |
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Name of Reporting Company |
Energy or Gas Related Company |
State of Organization |
Date of Organization |
% of Voting Securities Held |
Pepco Holdings, Inc. |
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Microcell Corporation |
Energy related |
NC |
1/3/00 |
12.6 |
Pepco Energy Services, Inc. |
Energy related |
DE |
3/7/95 |
100 |
Trigen-Pepco Energy Services, LLC |
Energy related |
DC |
12/15/00 |
50 |
Pepco Government Services LLC |
Energy related |
DE |
9/30/99 |
100 |
PES Landfill Gas Corporation |
Energy related |
DE |
5/31/02 |
100 |
Distributed Generation Partners, LLC |
Energy related |
DE |
10/15/03 |
50 |
Pepco Building Services, Inc. |
Energy related |
DE |
12/7/98 |
100 |
MET Electrical Testing Company, Inc |
Energy related |
DE |
12/7/98 |
100 |
Seaboard Mechanical Services, Inc. |
Energy related |
DE |
6/27/01 |
100 |
Engineered Services, Inc. |
Energy related |
DE |
11/27/00 |
100 |
Unitemp, Inc. |
Energy related |
DE |
5/31/01 |
100 |
Conectiv |
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Conectiv Energy Holding Company |
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Conectiv Energy Supply, Inc. |
Energy related |
DE |
7/3/75 |
100 |
Delaware Operating Services Company |
Energy related |
DE |
12/19/02 |
100 |
PHI Operating Services Company |
Energy related |
DE |
12/19/02 |
100 |
Atlantic Generation, Inc. |
Energy related |
DE |
10/9/86 |
100 |
Vineland Limited, Inc. |
Energy related |
DE |
8/24/90 |
100 |
Vineland Cogen. Limited Partnership |
Energy related |
DE |
9/27/90 |
50 |
Vineland General, Inc. |
Energy related |
DE |
8/24/90 |
100 |
Pedrick Gen, Inc. |
Energy related |
DE |
7/28/89 |
100 |
Binghamton Limited, Inc. |
Energy related |
DE |
5/2/90 |
100 |
Binghamton General, Inc. |
Energy related |
DE |
5/2/90 |
100 |
Conectiv Solutions LLC |
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Conectiv Services, Inc. |
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Conectiv Thermal Systems, Inc. |
Energy related |
DE |
5/5/94 |
100 |
ATS Operating Services, Inc. |
Energy related |
DE |
3/31/95 |
100 |
Atlantic Jersey Thermal Systems, Inc |
Energy related |
DE |
5/10/94 |
100 |
Thermal Energy L.P. I |
Energy related |
DE |
100 |
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ATE Investment, Inc. |
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King Street Assurance Ltd. |
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Enertech Capital Partners, LP |
Energy related |
DE |
8/9/96 |
94 |
Enertech Capital Partners II, LP |
Energy related |
DE |
4/14/00 |
11 |
Conectiv Properties and Investments, Inc. |
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DCTC-Burney, Inc. |
Energy related |
DE |
6/26/87 |
100 |
Forest Products, L.P. |
Energy related |
DE |
10/5/89 |
1 |
Burney Forest Products, a Joint Venture |
Energy related |
CA |
55.56 |
|
Tech Leaders II, L.P. |
Energy related |
DE |
10/28/94 |
2.6 |
1 |
Item 2. - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS |
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ISSUANCES AND RENEWALS OF SECURITIES |
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Company Issuing Security |
Company To Whom Security Was Issued |
Type of Security Issued |
Issue or Renewal |
Amount of Securities During Period ($) |
Interest Rate (%) |
Cumulative Amount of Securities ($) |
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Conectiv Energy Supply, Inc. |
PHI Service Company, Agent |
Money Pool Advance |
N/A |
* |
* |
* |
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Delaware Operating Services Company |
Conectiv Energy Holding Company |
Short-Term Note |
N/A |
* |
* |
* |
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Pepco Energy Services, Inc. |
PHI Service Company, Agent |
Money Pool Advance |
N/A |
* |
* |
* |
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Note: PHI Service Company serves as agent for the PHI System Money Pool. |
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CAPITAL CONTRIBUTIONS: |
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Company Contributing Capital |
Company Receiving Capital |
Amount During Period ($) |
Cumulative Amount($) |
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Pepco Energy Services, Inc. |
Trigen-Pepco Energy Services, LLC |
* |
* |
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* Confidential Treatment Requested |
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2 |
Item 3. - ASSOCIATED TRANSACTIONS |
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Part I. - Transactions performed by reporting companies on behalf of associate |
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Reporting Company Rendering Services |
Associate Company Receiving Services |
Types of Services Rendered |
Direct Costs Charged ($) |
Indirect Costs Charged ($) |
Total Amount Billed ($) |
Conectiv Energy Supply, Inc. |
Conectiv Atlantic Generation, L.L.C. |
Fuel |
* |
* |
|
Conectiv Energy Supply, Inc. |
Delmarva Power & Light Company |
Power, Capacity and Ancillary Services |
* |
* |
|
Conectiv Energy Supply, Inc. |
Delmarva Power & Light Company |
PJM Reimbursement |
* |
* |
|
Conectiv Energy Supply, Inc. |
Delmarva Power & Light Company |
Gas |
* |
* |
|
Conectiv Energy Supply, Inc. |
Delmarva Power & Light Company |
Power |
* |
* |
|
Conectiv Energy Supply, Inc. |
Pepco Energy Services, Inc. |
Gas |
* |
* |
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Pepco Energy Services, Inc. |
Conectiv Energy Supply, Inc. |
Gas |
* |
* |
|
Conectiv Energy Supply, Inc. |
Pepco Energy Services, Inc. |
Capacity |
* |
* |
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PHI Operating Services Company |
Conectiv Bethlehem, LLC |
Operations and Maintenance |
* |
* |
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Pepco Energy Services, Inc. |
Potomac Power Resources LLC |
Asset Management Services |
* |
* |
|
Conectiv Energy Supply, Inc. |
Potomac Power Resources LLC |
Dispatch Services |
* |
* |
|
Fauquier Landfill Gas, LLC |
Pepco Energy Services, Inc. |
Energy and Energy Credits |
* |
* |
|
MET Electrical Testing Company |
Pepco Energy Services, Inc. |
Maintenance |
* |
* |
|
MET Electrical Testing Company |
Potomac Electric Power Company |
Maintenance |
* |
* |
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Unitemp, Inc. |
Pepco Energy Services, Inc. |
Maintenance |
* |
* |
|
MET Electrical Testing Company |
Conectiv Thermal Systems, Inc. |
Maintenance |
* |
* |
|
MET Electrical Testing Company |
Conectiv Energy Supply, Inc. |
Maintenance |
* |
* |
|
Engineered Services, Inc. |
Pepco Energy Services, Inc. |
Maintenance |
* |
* |
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* Confidential Treatment Requested |
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3 |
Part II - Transactions performed by associate companies on behalf of reporting |
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Associate Company Rendering Services |
Reporting Company Receiving Services |
Types of Services Rendered |
Direct Costs Charged ($) |
Indirect Costs Charged ($) |
Total Amount Billed ($) |
Conectiv Delmarva Generation, Inc. |
Conectiv Energy Supply, Inc. |
Electric Energy, Capacity and Ancillary Services |
* |
* |
|
Conectiv Delmarva Generation, Inc. |
Conectiv Energy Supply, Inc. |
Steam |
* |
* |
|
Conectiv Atlantic Generation, L.L.C. |
Conectiv Energy Supply, Inc. |
Electric Energy, Capacity and Ancillary Services |
* |
* |
|
Delmarva Power & Light Company |
Conectiv Energy Supply, Inc. |
PJM Expenses |
* |
* |
|
Conectiv Bethlehem, LLC |
Conectiv Energy Supply, Inc. |
Electric Energy, Capacity and Ancillary Services |
* |
* |
|
Atlantic City Electric Company |
Conectiv Energy Supply, Inc. |
Power |
* |
* |
|
Delmarva Power & Light Company |
Conectiv Energy Supply, Inc. |
Gas |
* |
* |
|
Delmarva Power & Light Company |
Conectiv Energy Supply, Inc. |
Substation Upgrades |
* |
* |
|
Delmarva Power & Light Company |
Conectiv Energy Supply, Inc. |
Tetco Contract Amortization |
* |
* |
|
Potomac Power Resources LLC |
Pepco Energy Services, Inc. |
Electric Energy, Capacity and Ancillary Services |
* |
* |
|
W.A. Chester |
Conectiv Energy Supply, Inc. |
Maintenance |
* |
* |
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Note: PHI Service Company, the service company for the PHI System, provides services to various reporting companies. Such information is reported on the annual Form U-13-60. |
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* Confidential Treatment Requested |
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4 |
Item 4. - SUMMARY OF AGGREGATE INVESTMENT |
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Investments in energy-related companies (in millions): |
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Total consolidated capitalization as of September 30, 2004 |
$9,379.4 |
Line 1 |
Total capitalization multiplied by 15% |
1,406.9 |
Line 2 |
Greater of $50 million or line 2 |
$1,406.9 |
Line 3 |
Total current aggregate investment: |
* * * * * * |
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Total current aggregate investment |
$* |
Line 4 |
Difference between the greater of $50 million or 15% of |
$* |
Line 5 |
* Confidential Treatment Requested |
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Investments in gas-related companies: |
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NONE |
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Item 5. - OTHER INVESTMENTS |
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Prior to the registration of Pepco Holdings, Inc. as a registered holding company on August 1, 2002, Potomac Electric Power Company and its subsidiaries had investments of approximately $140.4 million in "energy-related companies." Such amount is excluded from the calculations in Item 4 above. |
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Item 6. - FINANCIAL STATEMENTS AND EXHIBITS |
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A |
Financial Statements: |
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FS-1 |
Financial statements of Pepco Holdings, Inc. (incorporated by reference to the filing by Pepco Holdings, Inc. on Form 10-Q for the period ended September 30, 2004) |
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FS-2 |
Financial statements of Pepco Energy Services, Inc. and Subsidiaries (confidential treatment requested) |
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FS-3 |
Financial statements of Conectiv Energy Supply, Inc. and Subsidiary (confidential treatment requested) |
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FS-4 |
Financial statements of Atlantic Generation, Inc. and Subsidiaries (confidential treatment requested) |
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FS-5 |
Financial statements of Conectiv Thermal Systems, Inc. and Subsidiaries (confidential treatment requested) |
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FS-6 |
Financial statements of DCTC-Burney, Inc. (confidential treatment requested) |
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FS-7 |
Financial statements of Delaware Operating Services Company (confidential treatment requested) |
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FS-8 |
Financial statements of PHI Operating Services Company (confidential treatment requested) |
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B |
Exhibits: |
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B-2. |
Certificate of Pepco Holdings, Inc. |
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5 |
SIGNATURE |
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The undersigned registered holding company has duly caused this quarterly report to be signed on its behalf by the undersigned officer thereunto duly authorized pursuant to the requirements of the Public Utility Holding Company Act of 1935. |
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PEPCO HOLDINGS, INC. |
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By: A. J. KAMERICK |
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November 24, 2004 |
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6 |
Exhibit B-2 |
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Certificate |
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I hereby certify that the Form U-9C-3 for Pepco Holdings, Inc. for the previous quarter has been provided to the state commissions listed below: |
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Delaware Public Service Commission |
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Maryland Public Service Commission |
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Virginia State Corporation Commission |
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New Jersey Board of Public Utilities |
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Public Service Commission of the District of Columbia |
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PEPCO HOLDINGS, INC. |
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By: A. J. KAMERICK |
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Date: November 24, 2004 |
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6 |