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) October 8,
1998
Commission Registrant; State of Incorporation; I.R.S.
File Number Address; and Telephone Number Employer
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 34-0150020
ILLUMINATING COMPANY
(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
1-3491 PENNSYLVANIA POWER COMPANY 25-0718810
(A Pennsylvania Corporation)
1 East Washington Street
P. O. Box 891
New Castle, Pennsylvania 16103
Telephone (412)652-5531
This combined Form 8-K is separately filed by FirstEnergy
Corp., Ohio Edison Company, Pennsylvania Power Company, The
Cleveland Electric Illuminating Company and The Toledo Edison
Company. Information contained herein relating to any individual
registrant is filed by such registrant on its own behalf. No
registrant makes any representation as to information relating to
any other registrant, except that information relating to any of
the four FirstEnergy subsidiaries is also attributed to
FirstEnergy.
Item 5. Other Events
On October 8, 1998, FirstEnergy Corp. (Company)
announced that it will transfer its transmission assets into a new
wholly-owned subsidiary, as described more fully in the press
release filed as an exhibit to this Current Report on Form 8-K and
incorporated herein by reference.
On October 15, 1998, the Company announced that it has
signed an agreement in principle with Duquesne Light Company that
would result in the transfer of 1,436 megawatts (MW) of Duquesne's
generating assets for 1,298 MW of the Company's generating assets,
as described more fully in the press release and the Memorandum of
Understanding, both of which are filed as exhibits to this Current
Report on Form 8-K and incorporated herein by reference.
Item 7. Financial Statements and Exhibits
(a) Not Applicable.
(b) Not Applicable.
(c) Exhibits.
(99a) Press Release dated October 8, 1998 of FirstEnergy
Corp.
(99b) Press Release dated October 15, 1998 of FirstEnergy
Corp.
(99c) Agreement in Principle dated October 14, 1998, between
FirstEnergy Corp. and Duquesne Light Company.*
* The exhibits to this document are not being filed herewith.
The Registrants agree to furnish supplementally a copy of
any such omitted exhibit to the Securities and Exchange
Commission upon request.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly authorized.
October 15, 1998
FIRSTENERGY CORP.
-----------------
Registrant
OHIO EDISON COMPANY
-------------------
Registrant
THE CLEVELAND ELECTRIC
ILLUMINATING COMPANY
----------------------
Registrant
THE TOLEDO EDISON COMPANY
-------------------------
Registrant
/s/ Harvey L. Wagner
------------------------
Harvey L. Wagner
Controller
PENNSYLVANIA POWER COMPANY
--------------------------
Registrant
/s/ Harvey L. Wagner
-----------------------
Harvey L. Wagner
Comptroller
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