Form 8-K - 1Q 2004 Earnings

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of Earliest Event Reported: May 3, 2004)


Commission
File Number

1-13739		 Registrant; State of Incorporation;
Address; and Telephone Number

UNISOURCE ENERGY CORPORATION
(An Arizona Corporation)
One South Church Avenue, Suite 100
Tucson, AZ 85701
(520) 571-4000
 IRS Employer
Identification Number

86-0786732
1-5924 TUCSON ELECTRIC POWER COMPANY
(An Arizona Corporation)
One South Church Avenue, Suite 100
Tucson, AZ 85701
(520) 571-4000		 86-0062700





Item 12. Disclosure of Results and Financial Condition

        On May 3, 2004, UniSource Energy Corporation (UniSource Energy) issued a press release announcing first quarter 2004 earnings for UniSource Energy and Tucson Electric Power Company (TEP). A copy of the press release is attached as Exhibit 99.

        The earnings release includes the presentation of TEP’s and Millennium Energy Holdings, Inc.‘s (Millennium) net income or loss on a per UniSource Energy share basis. UniSource Energy believes that the presentation of TEP and Millennium net income or loss on a per UniSource Energy share basis, non-GAAP financial measures, provide useful information to investors by disclosing the results of operations of its business segments on a basis consistent with UniSource Energy’s reported earnings.

Item 7. Financial Statements and Exhibits

Exhibit 99 UniSource Energy Corporation Press Release, dated May 3, 2004.


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SIGNATURES

 

        Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. The signature for each undersigned company shall be deemed to relate only to matters having reference to such company or its subsidiaries.

 UNISOURCE ENERGY CORPORATION
——————————————————
(Registrant)

Date:May 3, 2004 /s/ Kevin P. Larson
——————————————————
Vice President and Principal
Financial Officer






 TUCSON ELECTRIC POWER COMPANY
——————————————————
(Registrant)

Date:May 3, 2004 /s/ Kevin P. Larson
——————————————————
Vice President and Principal
Financial Officer

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