Attached files
| file | filename |
|---|---|
| EX-99 - UIL EXHIBIT 99 - UIL HOLDINGS CORP | exh99.htm |
| EX-99.1 - UIL EXHIBIT 99.1 - UIL HOLDINGS CORP | exh99-1.htm |
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 or 15(d)
OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of
Report (Date of earliest event reported): January 7,
2010
(Exact
name of registrant as specified in its charter)
|
Connecticut
|
1-15052
|
06-1541045
|
|
(State
or other jurisdiction
|
(Commission
|
(IRS
Employer
|
|
of
Incorporation)
|
File
Number)
|
Identification
No.)
|
|
157 Church Street, New
Haven, Connecticut
|
06506
|
|
|
(Address
of principal executive offices)
|
(Zip
Code)
|
|
|
Registrant's
Telephone Number,
|
||
|
Including Area
Code
|
(203)
499-2000
|
|
Not
Applicable
|
|
(Former
name or former address, if changed since last
report)
|
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General
Instruction A.2. below):
£ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
£ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
£ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))
£ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c))
Item
8.01 Other Events.
On
December 30, 2009, the Department of Public Utility Control (DPUC) approved a
proposal by the United Illuminating Company (UI), a wholly owned subsidiary of
UIL Holdings Corporation (the Registrant) for rates effective January 1,
2010. The resulting impact is no change in the total rate for a
residential rate R customer on UI’s standard service.
The
approved proposal includes the previously approved distribution rate increase,
the cash recovery of the 2009 pension regulatory asset of $10.2 million along
with an additional $11.4 million for UI’s current estimate of 2010 pension
expense not previously included in rates. The 2009 pension regulatory
asset will be fully recovered in rates in 2010; accordingly, it will be removed
from rates effective February 4, 2011.
Accelerated
recovery of the approved distribution rate increase from February 4, 2010 to
January 1, 2010 will result in an offset to the decoupling adjustment for
rate year 2009, which is to be filed no later than April 3,
2010. Attached is the referenced final decision in Docket No.
08-07-04RE01 as well as UI’s December 14, 2009 letter filing detailing
the various approved adjustments to distribution rates.
Item
9.01 Financial Statements and Exhibits
|
(d)
|
Exhibits
– The following exhibits are filed as part of this
report:
|
|
99
|
UI
letter dated December 14, 2009 to the Department of Public Utility Control
in Docket No. 10-01-02 – Administrative Proceeding to Incorporate DPUC
Approved Power Supply Procurement Results into The United Illuminating
Company's Standard Service and Last Resort Service Rates and Charges
Effective January 1, 2010 - REVISED
|
|
99.1
|
Department
of Public Utility Control decision dated December 30, 2009 in Docket No.
08-07-04RE01 -- Application of The United Illuminating Company to Increase
its Rates and Charges – Pension and OPEB
Expenses
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
|
UIL
HOLDINGS CORPORATION
|
|
|
Registrant
|
|
Date: 1/7/10
|
By /s/ Richard J.
Nicholas
|
|
Richard J.
Nicholas
|
|
|
Executive Vice
President
|
|
|
and Chief Financial
Officer
|
Exhibit
Index
|
Exhibit
|
Description
|
|
99
|
UI
letter dated December 14, 2009 to the Department of Public Utility Control
in Docket No. 10-01-02 – Administrative Proceeding to Incorporate DPUC
Approved Power Supply Procurement Results into The United Illuminating
Company's Standard Service and Last Resort Service Rates and Charges
Effective January 1, 2010 - REVISED
|
|
99.1
|
Department
of Public Utility Control decision dated December 30, 2009 in Docket No.
08-07-04RE01 -- Application of The United Illuminating Company to Increase
its Rates and Charges – Pension and OPEB
Expenses
|