Rule 424(b)(5)
File No. 33-49463
PRICING SUPPLEMENT NO. 3, DATED NOVEMBER 20, 1996
(To Prospectus dated April 13, 1993
and Prospectus Supplement dated April 15, 1993)
JERSEY CENTRAL POWER & LIGHT COMPANY
Secured Medium-Term Notes, Series D
(A Series of First Mortgage Bonds)
Trade Date: November 19, 1996
Principal Amount: $40,000,000
Original Issue Date: November 26, 1996
Maturity Date: November 27, 2006
Issue Price: 100.00%
Interest Rate: 6.85%
Additional Terms: Redeemable as described under
"Description of Secured Medium-Term
Notes, Series D - Redemption and
Repurchase" in the Prospectus
Supplement dated April 15, 1993.
Agents Discounts or
Commissions: .625%
Net Proceeds to Company: 99.375%
Additional Information: Effective October 27, 1995, United
States Trust Company of New York
( U.S. Trust ) became Trustee under
the Company s Indenture, dated as of
March 1, 1946, as supplemented and
amended, and Paying Agent for the
Notes. All references in the
Prospectus and Prospectus Supplement
to the Trustee, the Paying Agent or
to IBJ Schroder Bank and Trust
Company shall be deemed to refer to
U.S. Trust, 114 West 47th Street,
New York, New York 10036.
Plan of Distribution: $20,000,000 principal amount of the
Notes has been sold to Morgan
Stanley & Co. Incorporated, as
principal, for resale to purchasers
upon the terms described in the
Prospectus Supplement. (See Plan
of Distribution of Notes in the
Prospectus Supplement.)
<PAGE>
