SEC FILE NO. 70-9599
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
CERTIFICATE PURSUANT TO
RULE 24
OF PARTIAL COMPLETION OF
TRANSACTIONS
FIRSTENERGY CORP.
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:
In the matter of :
FirstEnergy Corp. : Certificate Pursuant
: to Rule 24 of Partial
: Completion of
: Transactions
:
SEC File No. 70-9599 :
(Public Utility Holding Company Act :
of 1935) :
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TO THE MEMBERS OF THE SECURITIES AND EXCHANGE COMMISSION:
The undersigned, FirstEnergy Corp. (FirstEnergy) hereby certifies pursuant
to Rule 24 of the General Rules and Regulations under the Public Utility Holding
Company Act of 1935 (the Act), that certain of the transactions proposed in the
Application filed in SEC File No. 70-9599 have been carried out in accordance
with the Commission's Order dated April 14, 2000, as follows:
1. Financial Statements
A copy of the unaudited consolidated financial statements of MYR Group Inc.
(MYR) (including a consolidated balance sheet and statement of income) as of and
for the twelve months ended December 31, 2002 is attached as Exhibit A.
2. Schedule of Segment Revenue
A schedule setting forth the segment revenue for the quarter ended December
31, 2002 for each of MYR's business segments (Exhibit B) is being filed
separately pursuant to a request for confidential treatment under Rule 104(b) of
the Act.
3. Narrative Description of Principal Business Activities
Transmission and Distribution (T&D) Services:
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During the quarter ended December 31, 2002, MYR performed significant T&D
services for its customers. T&D generated approximately 51.5% of MYR's total
revenue for the quarter. A significant portion of this work continued to be
performed for a core base of electric utility clients in Tennessee, Michigan,
California and Colorado.
Telecommunication Services:
There was no significant business activity to report for the quarter ended
December 31, 2002.
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Traffic Signalization Services:
There was no significant business activity to report for the quarter ended
December 31, 2002.
Commercial and Industrial (C&I) Services:
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During the quarter ended December 31, 2002, MYR performed significant C&I
services for its customers. C&I revenue was approximately 39.8% of total revenue
for the period. A majority of that revenue was generated by one operating
subsidiary that operates primarily in the western part of the United States.
4. Services Provided to Associated Companies
During the quarter ended December 31, 2002, services provided to associated
companies consisted primarily of Harlan Electric performing various distribution
projects in New Jersey and Pennsylvania for Jersey Central Power & Light
Company, Metropolitan Edison Company and Pennsylvania Electric Company. The
total amount billed to associated companies for performing such services was
$275,000 during the period.
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SIGNATURE
PURSUANT TO THE REQUIREMENTS OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF
1935, THE UNDERSIGNED COMPANY HAS DULY CAUSED THIS CERTIFICATE TO BE SIGNED ON
ITS BEHALF BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED.
FIRSTENERGY CORP.
Date: March 26, 2003
By: /s/ Harvey L. Wagner
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Harvey L. Wagner
Vice President, Controller
and Chief Accounting Officer
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