UNITED STATES



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549




FORM U-9C-3



QUARTERLY REPORT PURSUANT TO RULE 58
For the quarter ended December 31, 2002





UNITIL CORPORATION
(Name of Registered Holding Company)





6 Liberty Lane West, Hampton, New Hampshire 03842-1720
(Address of principal executive offices)




ITEM 1 - ORGANIZATION CHART


Not applicable, as this filing is for the fourth quarter of the fiscal year of the registered holding company.






ITEM 2 - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS


Associate company advancing funds

Reporting company receiving funds

Type of transaction

Net change in contributions

    

Unitil Corporation

Unitil Resources, Inc.

Capital contribution

$350,000






ITEM 3 - ASSOCIATE TRANSACTIONS



Part I - Transactions Performed by Reporting Companies on Behalf of Associate Companies


None.



Part II - Transactions Performed by Associate Companies on Behalf of Reporting Companies



Associate company rendering services

Reporting company receiving services

Types of services rendered

Direct costs charged

Indirect costs charged

Cost of capital

Total amount billed

       

Unitil Service Corp.

Unitil Resources, Inc.

Admin and General

$249,700

$216,908

$0

$466,608




Staff involved in providing service to Unitil Resources, Inc. (Unitil Resources) are located at Unitil Service Corp. (Unitil Service).  Services are provided to Unitil Resources pursuant to a service agreement between Unitil Service and Unitil Resources dated July 1, 1993.  Services provided by Unitil Service during the fourth quarter of 2002 included finance, accounting, marketing, energy management and administrative services.




ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT

(Dollars in Thousands)



Investments in Energy-related Companies:

  
   

(1)  Total consolidated capitalization as of  December 31, 2002

$181,898

 

(2)  Total capitalization multiplied by 15%

27,285

 
   

(3)  Greater of $50 million or line 2

 

$50,000

   
   

Total current aggregate investment:

  
   

Energy-related business:

  
   

(4)    Unitil Resources, Inc.

565

 
   

(5)    Total current aggregate investment

 

565

   
   

Difference between the greater of $50 million or 15% of capitalization
and the total aggregate investment of the registered holding company system (line 3 less line 5)

 

$49,435

   
   
   

Investments in Gas-related Companies

 

$0

   









ITEM 5 - OTHER INVESTMENTS



Major line of energy-related business

Other investment in last U-9C-3 report

Other investment in this U-9C-3 report

Reason for difference in other investment

    

Energy Brokering and Consulting

$0

$0

n/a






ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS



A.

Financial Statements



Not applicable, as this filing is for the fourth quarter of the fiscal year of the registered holding company




B.

Exhibits



None.





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

  

         Chief Financial Officer










Dated: March 24, 2003