Rule 424(b)(3)
                                                  File No. 33-49463




 PRICING SUPPLEMENT NO. 1, DATED MARCH 17, 1995
 (To Prospectus dated April 13, 1993
 and Prospectus Supplement dated April 15, 1993)

 JERSEY CENTRAL POWER & LIGHT COMPANY
 Secured Medium-Term Notes, Series D
 (A Series of First Mortgage Bonds)



 Trade Date:                  March 16, 1995

 Principal Amount:            $50,000,000

 Original Issue Date:         March 23, 1995

 Maturity Date:               March 24, 2025

 Issue Price:                 100.00%

 Interest Rate:               8.45%

 Additional Terms:            Redeemable as described under
                              "Redemption and Repurchase" in the
                              Prospectus Supplement dated April
                              15, 1993, and at the option of
                              Company, on or after March 23, 2005
                              at the Regular Redemption prices set
                              forth below:


 (If redeemed during              (If redeemed during
  the twelve months    Regular     the twelve months     Regular
 beginning March 23,) Redemption  beginning March 23,) Redemption
         Year           Price (%)         Year          Price (%)

        2005            104.23%           2015           100.00%
        2006            103.80%           2016           100.00%
        2007            103.38%           2017           100.00%
        2008            102.96%           2018           100.00%
        2009            102.54%           2019           100.00%
        2010            102.11%           2020           100.00%
        2011            101.69%           2021           100.00%
        2012            101.27%           2022           100.00%
        2013            100.85%           2023           100.00%
        2014            100.42%           2024           100.00%
                                          2025           100.00%

 Plan of Distribution:        $37,000,000 of the principal amount
                              of the Notes has been sold to Morgan
                              Stanley & Co. Incorporated and
                              $13,000,000 of the principal amount
                              of the Notes has been sold to




                              Goldman, Sachs & Co., each as
                              principal, for resale to purchasers
                              upon terms described in the
                              Prospectus Supplement.  (See "Plan
                              of Distribution of Notes" in the
                              Prospectus Supplement.)