Pre-Payment Plan Now Available for Met-Ed and Penelec Customers

* Reuters is not responsible for the content in this press release.

Wed Apr 1, 2009 1:00pm EDT

Balance Earns 7.5 Percent Interest Rate, Monthly Credits Reduce Payment Amount
on Future Electric Bills

READING, Pa., April 1 /PRNewswire-FirstCall/ -- Metropolitan Edison (Met-Ed)
and Pennsylvania Electric (Penelec) customers now have an opportunity to lower
the amount they pay on future electric bills under a program recently approved
by the Pennsylvania Public Utility Commission (PUC).  The Voluntary
Pre-payment Plan (VPP) offers qualified residential and small business
customers the option to gradually phase in future generation price increases
by making modest pre-payments during 2009 and 2010, before rate caps expire on
January 1, 2011.  These pre-payments earn 7.5 percent interest and will be
applied as credits to lower monthly electric bills throughout 2011 and 2012.

Customers can enroll in the plan by calling toll-free 1-866-283-8081 or by
going online to www.penelec.com or www.met-ed.com.

"We have designed the Voluntary Pre-payment Plan so customers have a practical
option that will help reduce the impact of potential price increases when
generation rate caps expire," said Douglas S. Elliott, president of
Pennsylvania Operations for FirstEnergy (NYSE: FE), parent company of Met-Ed
and Penelec.  "While eligible customers are able to enroll any time until the
end of December 2010, the sooner customers sign up, the more they will benefit
by accumulating larger credits toward future bills," said Elliott.

Each month, customers who sign up for the plan pre-pay an amount equal to
about 9.6 percent of their electric bill for 2009.  In 2010, that amount will
increase by an additional 9.6 percent - totaling approximately 20 percent. 
Pre-payments will earn 7.5 percent interest and be used to reduce customers'
electric bills in 2011 and 2012.  

Met-Ed serves 547,000 customers within 3,300 square miles of eastern and
southeastern Pennsylvania.  Penelec serves 585,000 customers within 17,600
square miles of northern and central Pennsylvania.  

Forward-Looking Statements: 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
include declarations regarding our management's intents, beliefs and current
expectations. These statements typically contain, but are not limited to, the
terms "anticipate," "potential," "expect," "believe," "estimate" and similar
words. Forward-looking statements involve estimates, assumptions, known and
unknown risks, uncertainties and other factors that may cause actual results,
performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Actual results may differ materially due to the
speed and nature of increased competition in the electric utility industry and
legislative and regulatory changes affecting how generation rates will be
determined following the expiration of existing rate plans in Ohio and
Pennsylvania, the impact of the PUCO's regulatory process on the Ohio
Companies associated with the ESP and MRO filings, including any resultant
mechanism under which the Ohio Companies may not fully recover costs
(including, but not limited to, the costs of generation supply procured by the
Ohio Companies, Regulatory Transition Charges and fuel charges), or the
outcome of any competitive generation procurement process in Ohio, economic or
weather conditions affecting future sales and margins, changes in markets for
energy services, changing energy and commodity market prices and availability,
replacement power costs being higher than anticipated or inadequately hedged,
the continued ability of FirstEnergy's regulated utilities to collect
transition and other charges or to recover increased transmission costs,
maintenance costs being higher than anticipated, other legislative and
regulatory changes, revised environmental requirements, including possible
greenhouse gas emission regulations, the potential impacts of the U.S. Court
of Appeals' July 11, 2008 decision requiring revisions to the CAIR rules and
the scope of any laws, rules or regulations that may ultimately take their
place, the uncertainty of the timing and amounts of the capital expenditures
needed to, among other things, implement the AQC Plan (including that such
amounts could be higher than anticipated or that certain generating units may
need to be shut down) or levels of emission reductions related to the Consent
Decree resolving the NSR litigation or other potential regulatory initiatives,
adverse regulatory or legal decisions and outcomes (including, but not limited
to, the revocation of necessary licenses or operating permits and oversight)
by the NRC (including, but not limited to, the Demand for Information issued
to FENOC on May 14, 2007), the timing and outcome of various proceedings
before the PUCO (including, but not limited to the distribution rate cases and
the generation supply plan filing for the Ohio Companies and the successful
resolution of the issues remanded to the PUCO by the Ohio Supreme Court
regarding the RSP and the RCP, including the recovery of deferred fuel costs),
Met-Ed's and Penelec's transmission service charge filings with the PPUC, the
continuing availability of generating units and their ability to operate at or
near full capacity, the ability to comply with applicable state and federal
reliability standards, the ability to accomplish or realize anticipated
benefits from strategic goals (including employee workforce initiatives), the
ability to improve electric commodity margins and to experience growth in the
distribution business, the changing market conditions that could affect the
value of assets held in FirstEnergy's nuclear decommissioning trusts, pension
trusts and other trust funds, and cause it to make additional contributions
sooner, or in an amount that is larger than currently anticipated, the ability
to access the public securities and other capital and credit markets in
accordance with FirstEnergy's financing plan and the cost of such capital,
changes in general economic conditions affecting the company, the state of the
capital and credit markets affecting the company, interest rates and any
actions taken by credit rating agencies that could negatively affect
FirstEnergy's access to financing or its costs and increase its requirements
to post additional collateral to support outstanding commodity positions,
letters of credit and other financial guarantees, the continuing decline of
the national and regional economy and its impact on FirstEnergy's major
industrial and commercial customers, issues concerning the soundness of
financial institutions and counterparties with which FirstEnergy does
business, and the risks and other factors discussed from time to time in its
SEC filings, and other similar factors. The foregoing review of factors should
not be construed as exhaustive. New factors emerge from time to time, and it
is not possible for management to predict all such factors, nor assess the
impact of any such factor on its business or the extent to which any factor,
or combination of factors, may cause results to differ materially from those
contained in any forward-looking statements. FirstEnergy expressly disclaims
any current intention to update any forward-looking statements contained
herein as a result of new information, future events, or otherwise.




SOURCE  FirstEnergy Corp.

Media: Scott Surgeoner, +1-610-921-6785, or Investor: Ron Seeholzer,
+1-330-384-5415, both of FirstEnergy Corp.
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