3 1 doc1.txt ------------------------------ OMB APPROVAL ------------------------------ OMB Number 3235-0104 Expires: 12-31-2001 Estimated average burden hours per response 0.5 ------------------------------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 ________________________________________________________________________________ 1. Name and Address of Reporting Person* Sheaffer, William O. ________________________________________________________________________________ (Last) (First) (Middle) 3400 Inland Empire Blvd., Suite 101 ________________________________________________________________________________ (Street) Ontario, CA 91764-5510 ________________________________________________________________________________ (City) (State) (Zip) ________________________________________________________________________________ 2. Date of Event Requiring Statement (Month/Day/Year) February 2002 ________________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) ________________________________________________________________________________ 4. Issuer Name and Ticker or Trading Symbol Southern States Power Company SSPC ________________________________________________________________________________ 5. Relationship of Reporting Person to Issuer (Check all applicable) [x] Director [_] 10% Owner [x] Officer (give title below) [_] Other (specify below) President ________________________________________________________________________________ 6. If Amendment, Date of Original (Month/Day/Year) ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check applicable line) [X] Form Filed by 1 Reporting Person [_] Form Filed by More than 1 Reporting Person ================================================================================ Table I -- Non-Derivative Securities Beneficially Owned ================================================================================

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) SEC 1473 (3-99) FORM 3 (continued) Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================

Explanation of Responses: /s/ William O. Sheaffer 3/15/02 --------------------------------------------- ----------------------- **Signature of Reporting Person Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Page 2

SOUTHERN STATES POWER CO INC 3