-----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, FwenoU/FFEDo9AJ9HT1paWO9G8q5l1/v71FD504fSEKQpOr5f9Q0InROtuaUOF4q RSm2rjPHDKtUh4kz+C7DJQ== 0001031296-00-000011.txt : 20000419 0001031296-00-000011.hdr.sgml : 20000419 ACCESSION NUMBER: 0001031296-00-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000417 ITEM INFORMATION: FILED AS OF DATE: 20000418 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: 8-K SEC ACT: SEC FILE NUMBER: 333-21011 FILM NUMBER: 603955 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CLEVELAND ELECTRIC ILLUMINATING CO CENTRAL INDEX KEY: 0000020947 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 340150020 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-02323 FILM NUMBER: 603956 BUSINESS ADDRESS: STREET 1: 76 SOUTH MAIN STREET STREET 2: C/O FIRSTENERGY CORP CITY: AKRON STATE: OH ZIP: 44308 BUSINESS PHONE: 2166229800 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OHIO EDISON CO CENTRAL INDEX KEY: 0000073960 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 340437786 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-02578 FILM NUMBER: 603957 BUSINESS ADDRESS: STREET 1: 76 S MAIN ST CITY: AKRON STATE: OH ZIP: 44308 BUSINESS PHONE: 2163845100 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOLEDO EDISON CO CENTRAL INDEX KEY: 0000352049 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 344375005 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-03583 FILM NUMBER: 603958 BUSINESS ADDRESS: STREET 1: 76 SOUTH MAIN STREET CITY: AKRON STATE: OH ZIP: 43308 BUSINESS PHONE: 2166229800 8-K 1 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. - 1 - 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 ----------------------------- Jeffrey R. Kalata Assistant Controller - 2 - EX-99 2 Exhibit 99 FirstEnergy Corp. For Release: April 17, 2000 76 South Main Street Akron, Ohio 44308 www.firstenergycorp.com News Media Contact: Ralph J. DiNicola 330-384-5939 FirstEnergy Corp. (NYSE: FE) today announced that it has reached a stipulated agreement with major parties to the transition filing it made last December under Ohio's new electricity restructuring legislation. In addition to FirstEnergy's Ohio electric utility operating companies - Ohio Edison, The Illuminating Company and Toledo Edison - parties recommending approval to the Public Utilities Commission of Ohio (PUCO) include the staff of the PUCO, the Ohio Consumers' Counsel, the Industrial Energy Users-Ohio, Ohio Council of Retail Merchants, Shell Energy Services Company, L.L.C., AK Steel Corporation, Kroger Company, Cleveland Housing Network, Ohio Hospital Association, Consumers League of Ohio, Neighborhood Housing Services of Toledo, Ashtabula County Community Action Agency, and Corporation for Ohio Appalachia Development. H. Peter Burg, FirstEnergy chairman and chief executive officer, said, "This agreement represents a tough, but fair, compromise by the parties. It provides customers with additional savings and choice regarding their electricity supplier, and us with the opportunity to recover our transition costs." Major provisions of the agreement include recovery of transition costs for Ohio Edison through 2006, for Toledo Edison through mid-2007, and for The Illuminating Company through 2008. Rate programs for those companies will be extended through December 31, 2007, and FirstEnergy will make 1,120 megawatts of generating capacity available through 2005 to marketers, brokers and aggregators at established prices for sales to the company's retail customers. FirstEnergy is a diversified energy services holding company with more than $18 billion in assets and more than $6 billion in annual revenues. FirstEnergy's electric utility operating companies comprise the nation's 10th largest electric system, serving 2.2 million electric customers in Ohio and Pennsylvania. FirstEnergy also serves commercial and industrial customers in the deregulated energy markets of Delaware, New Jersey and Pennsylvania. FirstEnergy also is licensed to sell electricity in Maryland and will begin serving customers there this year. (041700) - 3 - -----END PRIVACY-ENHANCED MESSAGE-----