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








Application of Unitil Corporation )  
) CERTIFICATE PURSUANT TO
and its Subsidiaries on Form U-1 ) RULE 24 UNDER THE PUBLIC
) UTILITY HOLDING COMPANY ACT
(File No. 70-9633) ) of 1935






        Pursuant to the requirements of Rule 24 under the Public Utility Holding Company Act of 1935, Unitil Corporation (“Unitil”), on behalf of itself and its subsidiaries, Unitil Energy Systems, Inc., Fitchburg Gas and Electric Light Company, Unitil Power Corp., Unitil Realty Corp., Unitil Resources Inc. and Unitil Service Corp., hereby files the attached quarterly report as required by the Securities and Exchange Commission’s order approving short–term borrowings by Unitil and its subsidiaries and approving the Unitil System money pool (HCAR. No. 27182; File No. 70-9633, June 9, 2000).






Exhibit

  Exhibit A –     Quarterly Report of Unitil Corporation and Its Subsidiaries by Short–term Borrowings and Money Pool Transactions for the second quarter of 2003.







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
——————————————
Mark H. Collin
Senior Vice President,
Chief Financial Officer & Treasurer


Dated: July 28, 2003







EXHIBIT A

QUARTERLY REPORT BY
UNITIL CORPORATION AND ITS SUBSIDIARIES
OF SHORT–TERM BORROWINGS
AND MONEY POOL TRANSACTIONS
FOR THE SECOND QUARTER OF 2003

  Unitil
Corporation
Unitil Energy
Systems, Inc.
Fitchburg
Gas & Electric
Light Company
 
 
               (a)
Maximum Principal Amount
of Short-term Borrowings
Outstanding During the
Quarter:
         Money Pool N/A  $17,408,106 $ 27,195,246
         Banks $44,720,000  None None
 
               (b)
Average Interest Rate for
the Money Pool Borrowings
During the Quarter* N/A  1.86% 1.87%
 
               (c)
Maximum Amount Outstanding
By Company for Each Source
of Outside Borrowings
During the Quarter:
         Fleet Bank - NH $20,720,000  None None
         Citizens Bank $13,000,000  None None
         Sovereign Bank $11,000,000  None None
 
               (d)
Common Equity as a Percent
of Total Capitalization 33% 31% 32%
 
*Excludes Bank Service and commitment fees





EXHIBIT A

QUARTERLY REPORT BY
UNITIL CORPORATION AND ITS SUBSIDIARIES
OF SHORT–TERM BORROWINGS
AND MONEY POOL TRANSACTIONS
FOR THE SECOND QUARTER OF 2003

  UNITIL
Power
Corp.
UNITIL
Realty
Corp.
UNITIL
Service
Corp.
UNITIL
Resources
Inc.
 
               (a)
Maximum Principal Amount
of Short-term Borrowings
Outstanding During the
Quarter:
     Money Pool $5,732,597 None $4,534,474 $1,489,559
     Banks None None None None
 
               (b)
Average Interest Rate for
the Money Pool Borrowings
During the Quarter* 1.88% None 1.87% 1.87%
 
               (c)
Maximum Amount Outstanding
By Company for Each Source
of Outside Borrowings
During the Quarter:
     Fleet Bank - NH None None None None
     Citizens Bank None None None None
     Sovereign Bank None None None None
 
               (d)
Common Equity as a Percent
of Total Capitalization N/A N/A N/A N/A
 
* Excludes Bank Service and Commitment Fees









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
——————————————
Mark H. Collin
Senior Vice President,
Chief Financial Officer & Treasurer


Dated: July 28, 2003