-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ql65N2BRavsI7yY7jU5xmeGTYNI2HDfNlq2n3hFbnvJ0H1COEUqRl/mLGzjxiHr+ EteNYcvQl+pAkI/F4LRwPg== 0001031296-05-000310.txt : 20051116 0001031296-05-000310.hdr.sgml : 20051116 20051116095951 ACCESSION NUMBER: 0001031296-05-000310 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20051116 DATE AS OF CHANGE: 20051116 EFFECTIVENESS DATE: 20051116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRSTENERGY CORP CENTRAL INDEX KEY: 0001031296 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 341843785 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: 1935 Act SEC FILE NUMBER: 070-10122 FILM NUMBER: 051208386 BUSINESS ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 BUSINESS PHONE: 3303845100 MAIL ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 35-CERT 1 nuhc_rule24.htm FIRSTENERGY NONUTILITY HOLDING COMPANIES - CERTIFICATE PURSUANT TO RULE 24


SEC File No. 70-10122





UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549






CERTIFICATE PURSUANT TO

RULE 24

OF PARTIAL COMPLETION OF

TRANSACTIONS






FIRSTENERGY CORP.








------------------------------------------------------
:
In the matter of                :
FirstEnergy Corp.                    : Certificate Pursuant
: to Rule 24 of Partial
: Completion of
: Transactions
:
SEC File No. 70-10122            :
(Public Utility Holding Company Act         :
of 1935)                       :
------------------------------------------------------


TO THE MEMBERS OF THE SECURITIES AND EXCHANGE COMMISSION:

The undersigned, FirstEnergy Corp. (FirstEnergy) hereby certifies pursuant to Rule 24 of the Rules and Regulations under the Public Utility Holding Company Act of 1935 (the Act), that certain of the transactions proposed in the Applications, as filed in SEC File No. 70-10122 have been carried out in accordance with the Commission’s Orders dated June 30, 2003 as follows:

1.
Balance Sheets and Income Statements for the FirstEnergy Nonutility Holding Company and its consolidated Subsidiaries for the quarter ended September 30, 2005 are attached as following exhibits:

Exhibit
 
1-1
Consolidated Balance Sheet and Income Statement of FirstEnergy Ventures Corp.
 
1-2
Consolidated Balance Sheet and Income Statement of FirstEnergy Facilities Services Group, LLC.
 
1-3
Balance Sheet and Income Statement of OES Ventures, Inc. - filed pursuant to request for confidential treatment.
 
1-4
Balance Sheet and Income Statement of Centerior Communications Holdings, Inc. - filed pursuant to request for confidential treatment.
 
1-5
Balance Sheet and Income Statement of MARBEL HoldCo, Inc. - filed pursuant to request for confidential treatment.

 
Balance Sheet and Income Statement of GPU Diversified Holdings LLC are reported on Form U-9C-3.

2.
During the period July 1, 2005 through September 30, 2005, there was no Development Activity. No Investments were made to the FirstEnergy subsidiaries during the third quarter of 2005.

3.
During the third quarter of 2005, there were no guarantees made on behalf of other direct or indirect Subsidiaries of the FirstEnergy Nonutility Holding Companies.

4.
During the third quarter of 2005, there were no services obtained by the FirstEnergy Nonutility Holding Companies, or any direct or indirect Subsidiary of the Nonutility Holding Companies from the Utility Subsidiaries.


1


5.
A chart of the nonutility businesses, financing subsidiaries and nonsystem securities in which FirstEnergy and its subsidiaries are engaged in or have investments in of 10% or greater are identified below:

   
Type of
 
%
Name of Company
 
Subsidiary
 
Ownership
         
American Transmission Systems, Incorporated (ATSI)
 
US
 
100
Centerior Service Company (Inactive)
     
100
FE Acquisition Corp. (Inactive)
 
NUHC
 
100
Mid-Atlantic Energy Development Co. (Inactive)
     
100
FELHC, Inc.
 
ERC
 
100
First Communications, LLC
 
ETC
 
31.85
FirstEnergy Facilities Services Group, LLC (FEFSG)
 
NUHC
 
100
Dunbar Mechanical, Inc.
 
ERC
 
100
Edwards Electrical & Mechanical, Inc.
 
ERC
 
100
The Hattenbach Company
 
ERC
 
100
Roth Bros., Inc.
 
ERC
 
100
R.P.C. Mechanical, Inc.
 
ERC
 
100
FirstEnergy Nuclear Operating Company (FENOC)
 
ERC
 
100
FirstEnergy Properties, Inc. (FirstEnergy Properties)
 
RES
 
100
BSG Properties, Inc.
 
RES
 
100
FirstEnergy Securities Transfer Company
 
FS
 
100
FirstEnergy Service Company (FECO)
 
ERC
 
100
FirstEnergy Solutions Corp. (FES)
 
ERC
 
100
FirstEnergy Generation Corp. (GenCo)
 
EWG
 
100
FirstEnergy Engineering, Inc.
 
ERC
 
100
FirstEnergy Telecom Services, Inc.
 
ETC
 
100
Last Mile Inc. d/b/a Sting Communications
 
ETC
 
25
Telergy MidAtlantic, LLC
 
ETC
 
49
FirstEnergy Ventures Corp. (FirstEnergy Ventures)
 
NUHC
 
100
Bay Shore Power Company
 
ERC
 
100
Centerior Communications Holdings, Inc.
 
NUHC
 
100
    Fiber Venture Equity, Inc.
 
ETC
 
100
Centerior Energy Services, Inc.
 
ERC
 
100
Centerior Power Enterprises, Inc.
 
ERC
 
100
Engineered Processes, Ltd.
 
ERC
 
50
Eastroc Technologies, LLC
 
ERC
 
50
FirstEnergy Telecommunications Corp.
 
ETC
 
100
Warrenton River Terminal, Ltd.
 
ERC
 
100
GPU Capital, Inc. (GPU Capital)
 
FUCO
 
100
GPU Electric, Inc. (GPU Electric)
 
FUCO
 
100
    EI UK Holdings, Inc.
 
FUCO
 
100
GPU Diversified Holdings LLC (GPUDH)
 
NUHC
 
100
Ballard Generation Systems, Inc.
 
ERC
 
12
GPU Solar, Inc.
 
ERC
 
50
GPU EnerTech Holdings, Inc.
 
ERC
 
100
GPU Distributed Power, Inc.
 
ERC
 
100
GPU Nuclear, Inc. (GPUN)
 
ERC
 
100
GPU Power, Inc. (GPU Power)
 
EWG
 
100
EI Canada Holding Limited
 
EWG
 
100
  EI Services Canada Limited
 
EWG
 
100
  EI Brooklyn Power Limited
 
EWG
 
100
      EI Brooklyn Investments Limited
 
EWG
 
100
Syracuse Orange Partners LP
 
EWG
 
-

2



   
Type of
 
%
Name of Company
 
Subsidiary
 
Ownership
Jersey Central Power & Light Company (JCP&L)
 
US
 
100
JCP&L Transition Funding LLC
 
FS
 
100
JCP&L Transition Funding II LLC
 
FS
 
100
Saxton Nuclear Experimental Corporation
 
ERC
 
44
MARBEL Energy Corporation (MARBEL)
 
ERC
 
100
Marbel HoldCo, Inc.
 
NUHC
 
100
Metropolitan Edison Company (Met-Ed)
 
US
 
100
MetEd Funding LLC
 
FS
 
100
Saxton Nuclear Experimental Corporation
 
ERC
 
32
York Haven Power Company
 
US
 
100
MYR Group Inc. (MYR)
 
ERC
 
100
The L. E. Myers Company
 
ERC
 
100
Hawkeye Construction, Inc.
 
ERC
 
100
MYRcom, Inc.
 
ERC
 
100
MYRpower, Inc.
 
ERC
 
100
Great Southwestern Construction, Inc.
 
ERC
 
100
Harlan Electric Company
 
ERC
 
100
  Sturgeon Electric Company, Inc.
 
ERC
 
100
  ComTel Technology, Inc.
 
ERC
 
100
Pennsylvania Electric Company (Penelec)
 
US
 
100
Nineveh Water Company
 
ERC
 
100
Penelec Funding LLC
 
FS
 
100
Saxton Nuclear Experimental Corporation
 
ERC
 
24
The Waverly Electric Light and Power Company
 
US
 
100
Ohio Edison Company (OE)
 
US
 
100
OES Capital, Incorporated
 
FS
 
100
OES Finance, Incorporated
 
FS
 
100
OES Nuclear, Incorporated
 
FS
 
100
OES Ventures, Incorporated
 
NUHC
 
100
Pennsylvania Power Company (Penn)
 
US
 
100
  Penn Power Funding LLC
 
FS
 
100
McDonald Corporate Tax Credit Fund Limited Partnership
 
RES
 
12.37
McDonald Ohio Tax Credit Fund-1996 Limited Partnership
 
RES
 
42.13
McDonald Ohio Tax Credit Fund-1998 Limited Partnership
 
RES
 
30.94
Apollo Tax Credit Fund III, L.P.
 
RES
 
33.33
Apollo Tax Credit Fund IX, L.P.
 
RES
 
99.99
Boston Capital Corporate Tax Credit Fund X, L.P.
 
RES
 
10.93
Boston Capital Corporate Tax Credit Fund XIV, L.P.
 
RES
 
14
Boston Capital Corporate Tax Credit Fund XVII, L.P.
 
RES
 
11.64
Marion Senior Housing Limited Partnership
 
RES
 
29.21
The Cleveland Electric Illuminating Company (CEI)
 
US
 
100
Cleveland Electric Financing Trust I
 
FS
 
100
Centerior Funding Corporation
 
FS
 
100
The Toledo Edison Capital Corporation
 
FS
 
10
The Toledo Edison Company (TE)
 
US
 
100
The Toledo Edison Capital Corporation
 
FS
 
90
PowerSpan Corp. **
 
ERC
 
24.06
UMICO Holdings, Inc. (Inactive)
 
 
 
36

** Powerspan Corp. percentage of ownership is 20.06357% on a fully diluted basis.

3




ERC    -   Energy Related Activity
ETC    -   Exempt Telecommunications Company
EWG  -   Exempt Wholesale Generator
FS          -   Financing Subsidiary
FUCO     -   Foreign Utility Company
NUHC     -   Nonutility Holding Company
RES        -   Real Estate
US          -   Utility Subsidiary


6.
During the third quarter of 2005, there were no securities (including guarantees) issued by the FirstEnergy Nonutility Holding Companies and each Non-Exempt Subsidiary pursuant to Rule 52 or Rule 45(b), as applicable.

7.
During the third quarter of 2005, there were no Anticipatory Hedge transactions entered into by any FirstEnergy Nonutility Holding Company, or any direct or indirect Non-Exempt Subsidiary of the Nonutility Holding Company.

4


SIGNATURE


The undersigned registered holding company has duly caused this quarterly report to be signed on its behalf by the undersigned officer thereunto duly authorized pursuant to the requirements of the Public Utility Holding Company Act of 1935.



     
 
FirstEnergy Corp.
     
     
     
November 16, 2005
   
 
By:
    /s/  Harvey L. Wagner
 
          Harvey L. Wagner
   Vice President, Controller
and Chief Accounting Officer
(Principal Accounting Officer)
 
 
5

EX-99 2 ex1-1.htm FIRSTENERGY VENTURES CORP - CONSOLIDATED BALANCE SHEET AND STATEMENT OF OPERATIONS FirstEnergy Ventures Corp - Consolidated Balance Sheet and Statement of Operations
Exhibit 1-1
 
FIRSTENERGY VENTURES CORP.
Consolidated Balance Sheet (Unaudited)
                 September 30, 2005                 
(In Thousands)


ASSETS
       
         
CURRENT ASSETS:
       
Cash and cash equivalents
 
$
-
 
Receivables:
       
Associated companies
   
3,832
 
Other
   
4,797
 
Notes receivable from associated companies
   
44,870
 
Material and supplies
   
560
 
Prepayments and other
   
3,079
 
     
57,138
 
         
PROPERTY, PLANT AND EQUIPMENT:
       
In service
   
204,346
 
Less: Accumulated provision for depreciation
   
39,293
 
     
165,053
 
Construction work in progress
   
-
 
     
165,053
 
         
INVESTMENTS:
       
Other
   
43,714
 
     
43,714
 
         
DEFERRED CHARGES:
       
Goodwill
   
67
 
Other
   
2,690
 
     
2,757
 
         
TOTAL ASSETS
 
$
268,662
 
         
LIABILITIES & CAPITALIZATION
       
         
CURRENT LIABILITIES:
       
Currently payable long-term debt
 
$
4,054
 
Short-term borrowings
   
873
 
Notes payable to associated companies
   
-
 
Accounts payable
       
Other
   
263
 
Associated companies
   
1,295
 
Accrued taxes
   
1,695
 
Accrued interest
   
697
 
Other
   
-
 
     
8,877
 
         
CAPITALIZATION:
       
Common stockholder’s equity
   
110,640
 
Long-term debt
   
130,000
 
     
240,640
 
         
DEFERRED CREDITS:
       
Accumulated deferred income taxes
   
11,900
 
Other
   
7,245
 
     
19,145
 
         
TOTAL LIABILITIES & CAPITALIZATION
 
$
268,662
 








Exhibit 1-1


FIRSTENERGY VENTURES CORP.
Consolidated Statement of Operations (Unaudited)
(In Thousands)

   
 
Three Months
     
   
Ended
 
Year-to-date
 
   
Sept. 30, 2005
 
Sept. 30, 2005
 
           
               
REVENUES
 
$
9,321
 
$
31,474
 
               
EXPENSES:
             
               
Fuel expense
   
1,110
   
3,637
 
Other operating expenses
   
3,637
   
12,046
 
Provision for depreciation and amortization
   
2,569
   
7,686
 
General taxes
   
61
   
187
 
Total expenses
   
7,377
   
23,556
 
               
INCOME BEFORE INTEREST & INCOME TAXES
   
1,944
   
7,918
 
               
NET INTEREST CHARGES:
             
               
Interest expenses
   
2,182
   
6,584
 
Capitalized interest
   
-
   
-
 
Net interest charges
   
2,182
   
6,584
 
               
INCOME TAXES/(BENEFITS)
   
(355
)
 
1,139
 
               
NET INCOME
 
$
117
 
$
195
 
                                                                                                                                                                        & #160;                                                                                                                                                                          0;                              
 
 

 
EX-99.1 3 ex1-2.htm FIRSTENERGY FACILITIES SERVICES GROUP, LLC - CONSOLIDATED BALANCE SHEET AND STATEMENT OF OPERATIONS FirstEnergy Facilities Services Group, LLC - Consolidated Balance Sheet and Statement of Operations
Exhibit 1-2


FIRSTENERGY FACILITIES SERVICES GROUP, LLC
Consolidated Balance Sheet (Unaudited)
                         September 30, 2005                          
(In Thousands)


ASSETS
     
       
CURRENT ASSETS:
       
Cash and cash equivalents
 
$
5,632
 
Receivables:
       
Associated companies
   
4,583
 
Other
   
59,583
 
Material and supplies
   
5,942
 
Prepayments and other
   
891
 
     
76,631
 
         
INVESTMENTS:
       
Nonutility property, net
   
11,592
 
Other
   
(1,458
)
     
10,134
 
         
DEFERRED CHARGES:
       
Goodwill
   
-
 
Accumulated deferred income tax benefits
   
28,085
 
Other
   
-
 
     
28,085
 
         
TOTAL ASSETS
 
$
114,850
 
         
         
LIABILITIES & CAPITALIZATION
       
         
CURRENT LIABILITIES:
       
Currently payable long-term debt
 
$
324
 
Short-term borrowings
   
-
 
Notes payable to associated companies
   
2,281
 
Notes payable other
   
12,811
 
Accounts payable
       
Other
   
30,019
 
Associated companies
   
92
 
Accrued taxes
   
3,651
 
Other
   
7,187
 
     
56,365
 
         
CAPITALIZATION:
       
Common stockholder’s equity
   
52,924
 
Long-term debt
   
5,561
 
     
58,485
 
         
         
TOTAL LIABILITIES & CAPITALIZATION
 
$
114,850
 






Exhibit 1-2


FIRSTENERGY FACILITIES SERVICES GROUP, LLC
Consolidated Statement of Operations (Unaudited)
(In Thousands)


   
Three Months
     
   
Ended
 
Year-to-date
 
   
Sept. 30, 2005
 
Sept. 30, 2005
 
               
Revenues
 
$
59,415
 
$
161,258
 
               
Cost of revenues
   
55,109
   
145,414
 
               
Gross margin
   
4,306
   
15,844
 
               
Selling, general and administrative expenses
   
3,841
   
17,125
 
Depreciation
   
143
   
399
 
     
322
   
(1,680
)
               
Purchase agreement incentive plans
   
12
   
79
 
               
Operating income/(loss)
   
310
   
(1,759
)
               
Interest income
   
191
   
607
 
Interest expense
   
(506
)
 
(1,212
)
Gain on sale of fixed assets
   
1
   
8
 
Other income, net
   
45
   
157
 
Total other expense
   
(269
)
 
(440
)
               
Income/(Loss) before income taxes
   
41
   
(2,199
)
               
Income taxes
   
40
   
3,654
 
               
Income/(loss) before discontinued operations
   
1
   
(5,853
)
               
Discontinued operations
   
-
   
129
 
               
Net Income/(loss)
 
$
1
 
$
(5,724
 )
               
 
 
 

 
EX-99.2 4 ex_a.htm FIRSTENERGY CORP - CERTIFICATE FirstEnergy Corp - Certificate
Exhibit A

FirstEnergy Corp.
76 South Main Street, Akron, Ohio 44308


Certificate


Pursuant to the requirements of Rule 24 of the Public Utility Holding Company Act of 1935, the undersigned certifies that:

   
A copy of certificate pursuant to Rule 24 related to FirstEnergy Corp.’s Nonutility Holding Company activities, for the period ended June 30, 2005, was filed with the New Jersey and Pennsylvania state commissions having jurisdiction over the electric retail rates of the company’s public utility subsidiary companies. As requested by the Ohio State Commission, a letter was sent to notify the commission having jurisdiction over the electric retail rates of the company’s public utility subsidiary companies of the URL address where the filing could be accessed on the SEC Web site.

   
The names and addresses of these state commissions are as follows:

New Jersey Division of Energy
Board of Public Utilities
Two Gateway Center
Newark, NJ 07102

Commonwealth of Pennsylvania*
Public Utility Commission
P.O. Box 3265
Harrisburg, PA 17105-3265

The Public Utilities Commission of Ohio
180 E. Broad Street
Columbus, Ohio 43215-3793

*
A conformed copy of the publicly available report was filed with the Pennsylvania Public Utility Commission.



     
 
FirstEnergy Corp.
     
     
     
November 16, 2005
   
 
By:
 
 
               Harvey L. Wagner
        Vice President, Controller
    and Chief Accounting Officer
   (Principal Accounting Officer)

Note:
 
Pennsylvania Electric Company (Penelec) is also subject to retail rate regulation by the New York Public Service Commission with respect to retail service to approximately 3,700 customers in Waverly, New York served by Waverly Electric Power & Light Company, a Penelec subsidiary. Waverly Electric's revenues are immaterial, accounting for less than 1% of Penelec's total operating revenues.
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