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) April 17, 2000
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, Ohio 44308
Telephone (800)736-3402
1-2578 OHIO EDISON COMPANY 34-0437786
(An Ohio Corporation)
76 South Main Street
Akron, OH 44308
Telephone (800)736-3402
1-2323 THE CLEVELAND ELECTRIC ILLUMINATING COMPANY 34-0150020
(An Ohio Corporation)
c/o FirstEnergy Corp.
76 South Main Street
Akron, OH 44308
Telephone (800)736-3402
1-3583 THE TOLEDO EDISON COMPANY 34-4375005
(An Ohio Corporation)
c/o FirstEnergy Corp.
76 South Main Street
Akron, OH 44308
Telephone (800)736-3402
Item 5. Other Events
Reference is made to Item 1. "Business - PUCO Rate Matters", Item
7. "Management's Discussion and Analysis of Financial Condition and Results
of Operations", and Item 8. "Financial Statements and Supplementary Data"
of Form 10-K for the year ended December 31, 1999, filed by FirstEnergy
Corp. (Company), Ohio Edison Company (OE), The Cleveland Electric
Illuminating Company (CEI) and The Toledo Edison Company (TE), for a
discussion of the transition plan filed by the Company with the Public
Utilities Commission of Ohio (PUCO) on behalf of OE, CEI, and TE. On April
17, 2000, the Company and several parties (including the PUCO staff, the
Office of Consumers' Counsel and the Industrial Energy Users - Ohio)
entered into a Stipulation and Recommendation which provides a
comprehensive solution to issues raised in the case. If the PUCO adopts the
Stipulation and Recommendation, OE, CEI and TE will have the opportunity to
recover their transition costs and would anticipate no charges to earnings
resulting from implementation of the transition plan.
A copy of the press release, dated April 17, 2000, issued by
FirstEnergy Corp., relating to the above-described event is attached as
Exhibit 99 hereto.
Item 7. Financial Statements and Exhibits.
(a) Not Applicable.
(b) Not Applicable.
(c) Exhibits.
The following exhibit is filed herewith in accordance with Item
601 of Regulation S-K:
Exhibit No. Description
----------- -----------
(99) Press Release of FirstEnergy Corp., dated
April 17, 2000, announcing that FirstEnergy
Corp. has reached a stipulated agreement with
major parties to the transition filing it made
last December under Ohio's new electricity
restructuring legislation.
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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.
April 18, 2000
FIRSTENERGY CORP.
-----------------
Registrant
OHIO EDISON COMPANY
-------------------
Registrant
THE CLEVELAND ELECTRIC
----------------------
ILLUMINATING COMPANY
--------------------
Registrant
THE TOLEDO EDISON COMPANY
-------------------------
Registrant
/s/ Jeffrey R. Kalata
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Jeffrey R. Kalata
Assistant Controller
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