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) March 15, 2005
|
Commission |
Registrant;
State of Incorporation; |
I.R.S.
Employer |
|
File
Number |
Address;
and Telephone Number |
Identification
No. |
| |
|
|
|
333-21011 |
FIRSTENERGY
CORP. |
34-1843785 |
| |
(An
Ohio Corporation) |
|
| |
76
South Main Street |
|
| |
Akron,
OH 44308 |
|
| |
Telephone
(800)736-3402 |
|
| |
|
|
|
1-3141 |
JERSEY
CENTRAL POWER & LIGHT COMPANY |
21-0485010 |
| |
(A
New Jersey Corporation) |
|
| |
c/o
FirstEnergy Corp. |
|
| |
76
South Main Street |
|
| |
Akron,
OH 44308 |
|
| |
Telephone
(800)736-3402 |
|
| |
|
|
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
(17 CFR 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
As disclosed by
FirstEnergy Corp. and its wholly owned subsidiary, Jersey Central Power &
Light Company (Company), in their respective Forms 10-K for the year ended
December 31, 2004, employees represented by System Council U-3 began a strike
against the Company on December 8, 2004. The labor agreement between the Company
and System Council U-3 originally expired on October 31, 2003 but was
extended several times and ultimately expired on December 7, 2004.
On March 15, 2005,
the Company announced that it was notified by IBEW System Council U-3 leadership
that the stipulated settlement reached with the Company on March 12, 2005 was
ratified by represented employees. A copy of the press release is attached as
Exhibit 99.1 hereto and incorporated by reference.
Item 9.01
Financial Statements and Exhibits
(c)
Exhibits.
|
Exhibit
No. |
Description |
|
99.1 |
Press release
issued by FirstEnergy Corp., dated March 15,
2005 |
Forward-Looking
Statement: This Form 8-K
includes forward-looking statements based on information currently available to
management. Such statements are subject to certain risks and uncertainties.
These statements typically contain, but are not limited to, the terms
"anticipate," "potential," "expect," "believe," "estimate" and similar words.
Actual results may differ materially due to the speed and nature of increased
competition and deregulation in the electric utility industry, economic or
weather conditions affecting future sales and margins, changes in markets for
energy services, changing energy and commodity market prices, replacement power
costs being higher than anticipated or inadequately hedged, maintenance costs
being higher than anticipated, legislative and regulatory changes (including
revised environmental requirements), adverse regulatory or legal decisions and
outcomes (including revocation of necessary licenses or operating permits, fines
or other enforcement actions and remedies) of governmental investigations and
oversight, including by the Securities and Exchange Commission, the United
States Attorney's Office and the Nuclear Regulatory Commission as disclosed in
the registrants’ Securities and Exchange Commission filings, generally, and with
respect to the Davis-Besse Nuclear Power Station outage in particular, the
availability and cost of capital, the continuing availability and operation of
generating units, the inability to accomplish or realize anticipated benefits
from strategic goals, the ability to improve electric commodity margins and to
experience growth in the distribution business, the ability to access the public
securities and other capital markets, further investigation into the causes of
the August 14, 2003, regional power outage and the outcome, cost and other
effects of present and potential legal and administrative proceedings and claims
related to the outage, the final outcome in the proceeding related to
FirstEnergy's Application for a Rate Stabilization Plan in Ohio, the risks and
other factors discussed from time to time in the registrants’ Securities and
Exchange Commission filings, and other similar factors. The registrants
expressly disclaim any current intention to update any forward-looking
statements contained herein as a result of new information, future events, or
otherwise.
SIGNATURE
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.
March 16,
2005
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FIRSTENERGY CORP.
Registrant
JERSEY
CENTRAL POWER & LIGHT COMPANY
Registrant |
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| |
|
/s/
Harvey L. Wagner |
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Harvey L. Wagner
Vice President, Controller and
Chief Accounting Officer |
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