8-K

                                  UNITED STATES
                       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) September 9, 2004



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, OH  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

1-3491        PENNSYLVANIA POWER COMPANY                         25-0718810
              (A Pennsylvania Corporation)
              c/o FirstEnergy Corp.
              76 South Main Street
              Akron, OH  44308
              Telephone (800)736-3402

1-3141        JERSEY CENTRAL POWER & LIGHT COMPANY               21-0485010
              (A New Jersey Corporation)
              c/o FirstEnergy Corp.
              76 South Main Street
              Akron, OH  44308
              Telephone (800)736-3402

1-446         METROPOLITAN EDISON COMPANY                        23-0870160
              (A Pennsylvania Corporation)
              c/o FirstEnergy Corp.
              76 South Main Street
              Akron, OH  44308
              Telephone (800)736-3402

1-3522        PENNSYLVANIA ELECTRIC COMPANY                      25-0718085
              (A Pennsylvania Corporation)
              c/o FirstEnergy Corp.
              76 South Main Street
              Akron, OH  44308
              Telephone (800)736-3402








Item 8.01 Other Events

          On September 14, 2004, FirstEnergy Corp. announced that it will make a
$500 million voluntary contribution to its pension plan. A copy of the press
release is attached as Exhibit 99.1 hereto and incorporated by reference. The
contribution will be funded by FirstEnergy's subsidiaries through existing
short-term credit arrangements, including available intercompany money pools, as
follows:

                                                              (In millions)

 Ohio Edison Company........................................       $ 60
 The Cleveland Electric Illuminating Company................         32
 The Toledo Edison Company..................................         13
 Pennsylvania Power Company.................................         13
 Jersey Central Power & Light Company.......................         62
 Metropolitan Edison Company................................         39
 Pennsylvania Electric Company..............................         50
 All other subsidiaries.....................................        231
                                                                   ----
     Total..................................................       $500
                                                                   ====


           FirstEnergy also issued a Letter to the Investment Community that
provides additional related details. A copy of the Letter to the Investment
Community is attached as Exhibit 99.2 hereto and incorporated by reference.

           The following clarifies a statement made by a FirstEnergy
representative at an investor conference on September 9, 2004. The Nuclear
Regulatory Commission (NRC) recently publicly disclosed that it was notifying
FirstEnergy that it will increase its regulatory oversight of the Perry Nuclear
Power Plant as a result of problems with safety system equipment over the past
two years. Ohio Edison Company, The Cleveland Electric Illuminating Company, The
Toledo Edison Company and Pennsylvania Power Company own and/or lease the Perry
Nuclear Power Plant. The NRC noted that the plant continues to operate safely.
The increased oversight will include an extensive NRC team inspection to assess
the equipment problems and FirstEnergy's corrective actions. The NRC's press
release, which includes a letter to FirstEnergy, is attached as Exhibit 99.3
hereto and incorporated by reference. The outcome of this increased oversight is
not known at this time.


Item 9.01 Financial Statements and Exhibits

(c) Exhibits.

Exhibit No.   Description
- -----------   -----------

    99.1      Press release issued by FirstEnergy Corp., dated September 14,
              2004

    99.2      Letter to the Investment Community, dated September 14, 2004

    99.3      Press release issued by the Nuclear Regulatory Commission, dated
              August 12, 2004



Forward-Looking Statement: This Form 8-K includes forward-looking statements
based on information currently available to management. Such statements are
subject to certain risks and uncertainties. These statements typically contain,
but are not limited to, the terms "anticipate", "potential", "expect",
"believe",

                                      1





"estimate" and similar words. Actual results may differ materially
due to the speed and nature of increased competition and deregulation in the
electric utility industry, economic or weather conditions affecting future sales
and margins, changes in markets for energy services, changing energy and
commodity market prices, replacement power costs being higher than anticipated
or inadequately hedged, maintenance costs being higher than anticipated,
legislative and regulatory changes (including revised environmental
requirements), adverse regulatory or legal decisions and the outcome of
governmental investigations (including revocation of necessary licenses or
operating permits), availability and cost of capital, the continuing
availability and operation of generating units, the inability to accomplish or
realize anticipated benefits of strategic goals, the ability to improve electric
commodity margins and to experience growth in the distribution business, the
ability to access the public securities markets, further investigation into the
causes of the August 14, 2003 regional power outage and the outcome, cost and
other effects of present and potential legal and administrative proceedings and
claims related to that outage, the final outcome in the proceeding related to
FirstEnergy's Application for a Rate Stabilization Plan in Ohio, the risks and
other factors discussed from time to time in the registrants' Securities and
Exchange Commission filings, including their annual report on Form 10-K (as
amended) for the year ended December 31, 2003, and their Form 10-Q for the
quarter ended June 30, 2004, and other similar factors. The registrants
expressly disclaim any current intention to update any forward-looking
statements contained in this document as a result of new information, future
events, or otherwise.

                                        2




                                    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.



September 14, 2004



                                            FIRSTENERGY CORP.
                                            -----------------
                                              Registrant

                                           OHIO EDISON COMPANY
                                           -------------------
                                              Registrant

                                          THE CLEVELAND ELECTRIC
                                          ----------------------
                                           ILLUMINATING COMPANY
                                           --------------------
                                              Registrant

                                        THE TOLEDO EDISON COMPANY
                                        -------------------------
                                              Registrant

                                       PENNSYLVANIA POWER COMPANY
                                       --------------------------
                                              Registrant

                                  JERSEY CENTRAL POWER & LIGHT COMPANY
                                  ------------------------------------
                                              Registrant

                                      METROPOLITAN EDISON COMPANY
                                      ---------------------------
                                              Registrant

                                     PENNSYLVANIA ELECTRIC COMPANY
                                     -----------------------------
                                              Registrant




                                     /s/  Harvey L. Wagner
                           ------------------------------------------------
                                          Harvey L. Wagner
                                   Vice President, Controller and
                                      Chief Accounting Officer


                                       3

EX-99

                                                                  EXHIBIT 99.1


FirstEnergy Corp.                              For Release:  September 14, 2004
76 South Main Street
Akron, Ohio  44308
www.firstenergycorp.com
- -----------------------

News Media Contact:                            Investor Relations Contact:
Ellen Raines                                   Kurt Turosky
(330) 384-5808                                 (330) 384-5500


               FIRSTENERGY SUBSIDIARIES TO CONTRIBUTE $500 MILLION
                                 TO PENSION PLAN

         FirstEnergy Corp. (NYSE: FE) today announced that its subsidiaries will
make a voluntary $500-million contribution to their pension plan, which will
help add security to future plan benefits.

         According to President and Chief Executive Officer Anthony J.
Alexander, "In evaluating the future needs of the plan, we determined that it
made sense to take this step now to help keep the plan sound for employees and
retirees."

         FirstEnergy said that the net after-tax cost of the contribution will
be approximately $300 million, and that it will be accretive to earnings over
the next three years. In addition, the contribution is expected to reduce
FirstEnergy's overall risk profile, because it mitigates uncertainty regarding
the plan's unfunded liability.

         Economic conditions over the past several years have adversely affected
the net value of most pension plans, including FirstEnergy's. Current rules
governing pension funding would likely have required a contribution in 2006.

                                     (more)

                                       4

         FirstEnergy is a registered public utility holding company
headquartered in Akron, Ohio. Its subsidiaries and affiliates are involved in
the generation, transmission and distribution of electricity; marketing of
natural gas; and energy management and other energy-related services.

Forward-Looking Statement: This news release includes forward-looking statements
based on information currently available to management. Such statements are
subject to certain risks and uncertainties. These statements typically contain,
but are not limited to, the terms "anticipate", "potential", "expect",
"believe", "estimate" and similar words. Actual results may differ materially
due to the speed and nature of increased competition and deregulation in the
electric utility industry, economic or weather conditions affecting future sales
and margins, changes in markets for energy services, changing energy and
commodity market prices, replacement power costs being higher than anticipated
or inadequately hedged, maintenance costs being higher than anticipated,
legislative and regulatory changes (including revised environmental
requirements), adverse regulatory or legal decisions and the outcome of
governmental investigations (including revocation of necessary licenses or
operating permits), availability and cost of capital, the continuing
availability and operation of generating units, the inability to accomplish or
realize anticipated benefits of strategic goals, the ability to improve electric
commodity margins and to experience growth in the distribution business, the
ability to access the public securities markets, further investigation into the
causes of the August 14, 2003 regional power outage and the outcome, cost and
other effects of present and potential legal and administrative proceedings and
claims related to that outage, the final outcome in the proceeding related to
the Company's Application for a Rate Stabilization Plan, the risks and other
factors discussed from time to time in the Company's Securities and Exchange
Commission filings, including its annual report on Form 10-K (as amended) for
the year ended December 31, 2003, and its Form 10-Q for the quarter ended June
30, 2004, and other similar factors. The Company expressly disclaims any current
intention to update any forward-looking statements contained in this document as
a result of new information, future events, or otherwise.

                                    (091404)



                                       5

EX-99

                                                           EXHIBIT 99.2
                                                           Terrance G. Howson
                                                           Vice President
                                                           Investor Relations

                                                           FirstEnergy Corp.
                                                           76 S. Main Street
                                                           Akron, Ohio 44308
                                                           Tel 973-401-8519


                                               September 14, 2004



TO THE INVESTMENT COMMUNITY: 1

As detailed in today's attached news release, FirstEnergy Corp. announced that
its subsidiaries will make a voluntary $500-million contribution to their
pension plan. This letter will provide you with additional details concerning
this action.


Voluntary Pension Plan Contribution

The Internal Revenue Service establishes minimum cash funding requirements for
the corporation's pension plan. Our current projections indicate that cash
contributions of approximately $600 million would be required during the 2006
through 2007 time period. Our election to pre-fund the plan is expected to
eliminate that funding requirement. Since the contribution is deductible for tax
purposes, the after-tax cash impact of the funding is approximately $300
million. We will fund this payment by drawing on our short-term credit
facilities.

We believe that the pre-funding should be viewed positively from a credit
perspective. Due to the tax deductibility of the contribution, we will
effectively eliminate a $500 million liability through a net borrowing of $300
million. Additionally, common shareholders' equity will also be enhanced at the
end of the year since the contribution will significantly reduce, and may
eliminate, the minimum pension liability that currently reduces accumulated
other comprehensive income by approximately $300 million.

We estimate that our pre-funding election should be accretive to earnings by
about $0.06 per share during each of the next three years. These earnings arise
primarily from the spread between our borrowing costs to fund the pre-payment
and our assumed earnings rate on our pension plan assets. Additionally, the
pre-funding will reduce the level of insurance premiums that the plan pays to
the Pension Benefit Guaranty Corporation.

Given our current financial position and available borrowing capacity, we
decided that it was sound liability management to make a cash contribution to
the pension plan now rather than wait several years and be subject to a series
of mandatory funding requirements. In addition to the favorable

- ---------------------
1
 Please see the forward-looking statements at the end of this letter.


                                      6




earnings impact, the pre-funding will provide additional pension plan security
for our employees and retirees and will result in the plan being essentially
fully funded on an Accumulated Benefit Obligation (ABO) basis.




Upcoming FirstEnergy Investor Events
- ------------------------------------

        Merrill Lynch Global Power Conference
        September 29, 2004
        New York City, NY

        3rd Quarter, 2004 Earnings Release
        October 21, 2004 (Tentative)

        Edison Electric Institute (EEI) Financial Conference
        October 24-27, 2004
        San Diego, CA

        Banc of America Securities Energy & Power Conference
        November 15-17, 2004
        Las Vegas, NV

        Annual FirstEnergy Analyst Meeting
        December 1, 2004
        New York City, NY



If you have any questions concerning information in this update, please call
Kurt Turosky, Director of Investor Relations, at (330) 384-5500, or me at (973)
401-8519



                                      Very truly yours,





                                      Terrance G. Howson
                                      Vice President - Investor Relations



                                      7





                           Forward-Looking Statements






This investor letter includes forward-looking statements based on information
currently available to management. Such statements are subject to certain risks
and uncertainties. These statements typically contain, but are not limited to,
the terms "anticipate", "potential", "expect", "believe", "estimate" and similar
words. Actual results may differ materially due to the speed and nature of
increased competition and deregulation in the electric utility industry,
economic or weather conditions affecting future sales and margins, changes in
markets for energy services, changing energy and commodity market prices,
replacement power costs being higher than anticipated or inadequately hedged,
maintenance costs being higher than anticipated, legislative and regulatory
changes (including revised environmental requirements), adverse regulatory or
legal decisions and the outcome of governmental investigations (including
revocation of necessary licenses or operating permits), availability and cost of
capital, the continuing availability and operation of generating units, the
inability to accomplish or realize anticipated benefits of strategic goals, the
ability to improve electric commodity margins and to experience growth in the
distribution business, the ability to access the public securities markets,
further investigation into the causes of the August 14, 2003 regional power
outage and the outcome, cost and other effects of present and potential legal
and administrative proceedings and claims related to that outage, the final
outcome in the proceeding related to the Company's Application for a Rate
Stabilization Plan, the risks and other factors discussed from time to time in
the Company's Securities and Exchange Commission filings, including its annual
report on Form 10-K (as amended) for the year ended December 31, 2003, and its
Form 10-Q for the quarter ended June 30, 2004, and other similar factors. The
Company expressly disclaims any current intention to update any forward-looking
statements contained in this letter as a result of new information, future
events, or otherwise.




                                           8

EX-99

                                                                  Exhibit 99.3

                                    NRC NEWS
                       U.S. NUCLEAR REGULATORY COMMISSION
                              2443 Warrenville Road
                                 Lisle, IL 60532
                Web Site: http://www.nrc.gov E-mail: opa3@nrc.gov




No. III-04-044                                                 August 12, 2004
CONTACT:   Jan Strasma (630) 829-9663
           Viktoria Mitlyng (630) 829-9662



           NRC TO INCREASE REGULATORY OVERSIGHT OF PERRY NUCLEAR PLANT

           The Nuclear Regulatory Commission will increase its regulatory
oversight of the Perry Nuclear Power Plant as a result of problems with safety
system equipment over the past two years. The plant, located at Perry, Ohio, is
operated by FirstEnergy Nuclear Operating Company.

           "The Perry plant continues to operate safely," said James Caldwell,
NRC Regional Administrator. "However, the equipment problems which have occurred
since late 2002 and the licensee's failure to take sufficiently comprehensive
corrective actions warrant increased scrutiny by the NRC."

           The increased oversight will include an extensive NRC team inspection
to assess the equipment problems and the licensee's corrective actions. The
schedule and scope of the inspection are still being developed. This inspection
will supplement the routine inspection program performed by the two NRC resident
inspectors at the plant and other NRC personnel based in the Region III office
in Lisle, Ill., with the support of NRC Headquarters in Rockville, Md.

           In addition, FirstEnergy will be required to develop and implement a
performance improvement program to address its performance issues. Once the NRC
inspection has been performed and the licensee has submitted its performance
improvement program, senior NRC managers will meet with licensee officials to
discuss the plant's progress.

           The issues which have led to the heightened NRC oversight include:

o    The failure of a high pressure emergency cooling pump to start during
     testing in October 2002. A followup inspection by the NRC in July 2003
     found that, while the licensee had repaired the pump, it had not adequately
     evaluated other safety systems for similar problems; a subsequent
     inspection in December found that the issue had been adequately addressed;
o    The failure in September 2003 of a pump in the system which supplies
     cooling water to various plant safety components and the subsequent failure
     of the same pump on May 21 of this year for similar causes; and
o    The failure of a pump in a backup cooling system on August 14, 2003,
     because adjacent piping had not been vented to remove any air that might
     have accumulated.

                                        9



           All three issues were classified as "white" -- low to moderate safety
significance -- under the NRC's system of determining safety significance. The
NRC evaluations range from green for problems of minor safety significance to
white, yellow, and red, which indicates a problem of high safety significance.

           The equipment problems and the licensee's corrective action
deficiencies have placed the plant in Column 4 in the five-column system the NRC
uses to determine its response to nuclear plant performance. This categorization
is due to Perry having at least two "white" findings in the safety equipment
area during five consecutive calendar quarters. A "white" finding normally
remains in effect for a year, although the designation can be continued if
comprehensive corrective actions are not taken by the licensee.

           During the past year, Perry has also had two other issues which the
NRC categorized as "white." One involved failing to declare an Alert under its
emergency plan within the required time when a small release of radioactivity
occurred in the spent fuel storage area; the second involved three minor
instances of radioactivity exposure to plant workers, although NRC limits were
not exceeded. These two white findings did not contribute to the Column 4
designation because they were in different performance categories.

           NRC inspection findings and performance statistics for Perry are
available on the NRC web site at:http://www.nrc.gov/NRR/OVERSIGHT/ASSESS/PERR1/
perr1_chart.html.

           Documents related to the Perry Nuclear Power Plant are available in
the online document library on the NRC's web site at: http://www.nrc.gov/reading
- -rm/adams/web-based.html. Use Docket Number 05000440 in the advanced search
function to locate Perry documents. Assistance in using the online document
library is available from the NRC's Public Document Room staff at 800-397-4209.



Attached is the letter to the licensee



                                                              August 12, 2004



Mr. Lew W. Myers
Interim Site Vice President-Nuclear and
Chief Operating Officer
FirstEnergy Nuclear Operating Company
Perry Nuclear Power Plant
P. O. Box 97, A210 Perry, OH 44081

SUBJECT:   ASSESSMENT FOLLOW-UP LETTER
           PERRY NUCLEAR POWER PLANT

Dear Mr. Myers:

                                       10



This refers to the telephone conversation on August 12, 2004, between you and
Steven Reynolds of my staff regarding Perry Nuclear Power Plant's transition
into the Multiple/Repetitive Degraded Cornerstone column of the NRC's Action
Matrix in accordance with NRC Inspection Manual Chapter 0305 (IMC 0305),
"Operating Reactor Assessment Program."

The NRC performed a supplemental inspection in accordance with Inspection
Procedure (IP) 95002 based on our assessment of plant performance at Perry. As
stated in our Annual Assessment Letter dated March 4, 2004, plant performance
was within the Degraded Cornerstone column based on two White findings in the
Mitigating Systems Cornerstone. An additional White finding was subsequently
identified and documented in our letter dated March 12, 2004.

The first finding involved the failure of the high pressure core spray pump to
start during routine surveillance testing on October 23, 2002. An apparent
violation of Technical Specification 5.4 for an inadequate breaker maintenance
procedure was identified in Inspection Report 05000440/2003008. This performance
issue was characterized as White in our final significance determination letter
dated March 4, 2003. A supplemental inspection was performed in accordance with
IP 95001 for the White finding and significant deficiencies were identified with
regard to your extent of condition evaluation. Inspection Procedure 95001 was
re-performed and the results of that inspection were documented in Inspection
Report 05000440/2003012 which determined the extent of condition reviews were
adequate.

The second finding involved air binding of the residual heat removal 'A' and low
pressure core spray waterleg pump on August 14, 2003. A special inspection was
performed for this issue and the results were documented in Inspection Report
05000440/2003009. An apparent violation of Technical Specification 5.4 for an
inadequate venting procedure was identified in Inspection Report
05000440/2003010. This performance issue was characterized as White in our final
significance determination letter dated March 12, 2004.

The third finding involved the failure of emergency service water (ESW) pump
'A,' caused by an inadequate maintenance procedure for assembling the pump
coupling which contributed to the failure of the pump on September 1, 2003. An
apparent violation of Technical Specification 5.4 was documented in Inspection
Report 050000440/2003006. This performance issue was characterized as White in
our final significance determination letter dated January 28, 2004.

As documented in the IP 95002 supplemental inspection report, the NRC concluded
that the corrective actions to prevent recurrence of a significant condition
adverse to quality were inadequate. Specifically, the same ESW pump coupling
that failed on September 1, 2003, failed again on May 21, 2004. This resulted in
the ESW pump White finding remaining open.

As a result, Perry entered the Repetitive Degraded Cornerstone for Mitigating
Systems because of having two White inputs for five consecutive quarters.
Specifically, for the third quarter of 2004, the waterleg pump finding remains
open a fourth quarter while the ESW pump finding has been carried open into a
fifth quarter as a result of the IP 95002 supplemental inspection.

As a result of this transition, we will perform IP 95003, "Supplemental
Inspection for Repetitive Degraded Cornerstones, Multiple Degraded Cornerstones,
Multiple Yellow Inputs, or One Red Input." The IP 95003 inspection will be
conducted in addition to the baseline inspections currently scheduled. The
intent of the IP 95003 inspection is to allow the NRC to obtain a comprehensive
understanding of the depth and breadth of safety, organizational, and
performance issues at facilities where data indicates the potential for serious
performance degradation. The objectives of this inspection are to: (1) provide
additional information to be used in deciding whether the continued operation of
the facility is acceptable and whether additional regulatory actions are


                                       11



necessary to arrest declining performance; (2) provide an independent assessment
of the extent of risk significant issues to aid in the determination of whether
an acceptable margin of safety exists; (3) independently evaluate the adequacy
of your programs and processes used to identify, evaluate, and correct
performance issues; (4) independently evaluate the adequacy of programs and
processes in the affected strategic performance areas; and (5) provide insight
into the overall root and contributing causes of identified performance
deficiencies.

As prescribed by IP 95003 the scope of NRC inspection activities will include
the assessment of performance in the Reactor Safety Strategic Performance Area,
including the inspection of key attributes such as design, human performance,
procedure quality, configuration control, and emergency response organization
readiness. Also, the IP 95003 inspection will review the control systems for
identifying, assessing, and correcting performance deficiencies to evaluate
whether programs are sufficient to prevent further declines in safety that could
result in unsafe operation. We understand that you plan to conduct your own
assessments of these areas using a program similar to our IP 95003 inspection
and that some of these assessments are underway. In developing the scope of our
IP 95003 inspection, we will consider the results of your self-assessments. We
also understand that you have developed the Perry Performance Improvement Plan
using insights from your assessments and lessons learned from your other
FirstEnergy plants. We will closely monitor your implementation of this plan.

As explained in IMC 0305, plants in the Multiple/Repetitive Degraded Cornerstone
column of the Action Matrix are given consideration at each quarterly
performance assessment review for (1) declaring plant performance to be
unacceptable in accordance with the guidance in IMC 0305; (2) transferring to
the IMC 0350, "Oversight of Operating Reactor Facilities in a Shutdown Condition
with Performance Problems" process; and (3) taking additional regulatory
actions, as appropriate. We will notify you via separate correspondence if any
of these actions are taken by the agency.

The IP 95003 inspection schedule will be communicated by separate
correspondence. Additionally, you will receive a revised inspection plan with
our mid-cycle performance assessment, scheduled to be issued on August 26, 2004.

In accordance with 10 CFR 2.390 of the NRC's "Rules of Practice," a copy of this
letter and its enclosure will be available electronically for public inspection
in the NRC Public Document Room or from the Publicly Available Records (PARS)
component of the NRC's document system (ADAMS). ADAMS is accessible from the NRC
Web site at http://www.nrc.gov/reading-rm/adams.html (the Public Electronic
Reading Room).

If you have any questions regarding this matter, please contact Mark Ring at
630-829-9703.



                                            Sincerely,

                                            /signed/

                                            James L. Caldwell
                                            Regional Administrator
Docket No. 50-440
License No. NPF-58





                                       12