EXHIBIT 21.5

JERSEY CENTRAL POWER & LIGHT COMPANY

SUBSIDIARIES OF THE REGISTRANT

AT DECEMBER 31, 2004

			STATE OF
NAME OF SUBSIDIARY	BUSINESS		ORGANIZATION
JCP&L Preferred Capital, Inc.		Special-Purpose Finance		Delaware
JCP&L Capital, L.P.		Special-Purpose Finance		Delaware
JCP&L Transition Funding LLC		Special-Purpose Finance		Delaware

Note:JCP&L, along with its affiliates Met-Ed and Penelec, collectively own all of the common stock of Saxton Nuclear Experimental Corporation, a Pennsylvania nonprofit corporation organized for nuclear experimental purposes which is now inactive. The carrying value of the owners’ investment has been written down to a nominal value.