Amendment No. 3
SEC File No. 70-8425
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM U-1 APPLICATION UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 ("ACT")
GPU NUCLEAR, INC. ("GPUN")
GPU INTERNATIONAL, INC. ("GPUI")
One Upper Pond Road, Parsippany, New Jersey 07054
JERSEY CENTRAL POWER & LIGHT COMPANY ("JCP&L")
METROPOLITAN EDISON COMPANY ("Met-Ed")
PENNSYLVANIA ELECTRIC COMPANY ("Penelec")
P.O. Box 16001, Reading, Pa. 19640
GPU GENERATION, INC. ("GPUG")
1001 Broad Street
Johnstown, Pennsylvania 15907
GPU SERVICE, INC.("GPUS")
100 Interpace Parkway, Parsippany, New Jersey 07054
(Name of company or companies filing this statement
and address of principal offices)
GPU, INC.
(Name of top registered holding company parent of the applicants)
T. G. Howson, Vice President W. S. Greengrove, Secretary
and Treasurer GPU International, Inc.
M. A. Nalewako, Secretary One Upper Pond Road
Michael J. Connolly, Esq., Parsippany, New Jersey 07054
Assistant General Counsel
GPU Service, Inc.
100 Interpace Parkway
Parsippany, New Jersey 07054
S. L. Guibord, Secretary
GPU Nuclear, Inc.
Jersey Central Power & Light Company
Metropolitan Edison Company
Pennsylvania Electric Company
c/o GPU Service, Inc.
100 Interpace Parkway
Parsippany, New Jersey 07054
_______________________________________________________________
(Names and addresses of agents for service)<PAGE>
The Applicants hereby amend their Application on Form U-1,
as heretofore amended, docketed in SEC File No. 70-8425 as
follows:
1. By amending clause (ii) of paragraph G of Item 1
to read in its entirety as follows:
(ii) Any Services to be rendered by GPUN will be
charged at cost pursuant to the Act and the Commission s
rules and regulations thereunder. In addition, GPUN will
(a) charge capital costs for providing Services in
accordance with the salary allocation method, which, in
general, will allocate capital costs in proportion to the
GPUN payroll charges billed to the Operating Companies, and
(b) bill the serviced company the costs of service before
they are paid as approved by the Commission Staff in its
letter to GPUS dated June 3, 1982. Such costs will be
accounted for and billed generally on a monthly basis to the
GPU Companies substantially as described in Schedule II to
the form of Services Agreement filed as Exhibit B hereto.
In particular, records will be maintained and periodically
reviewed by GPUN in order to accumulate and charge the
actual costs of the Services. These costs will include
wages and salaries of employees and related expenses, such
as insurance, taxes, pensions and other employee welfare
benefits, and all other related costs including general
administration expenses and capital charges, if any,
property amortized and (as described above) equitably
allocated. Charges for the Services will be determined from
the timesheets of employees (other than some secretaries,
clerical and similar employees, the cost of whose services
will be treated as a part of general administrative
expenses). Charges for the Services rendered and related
employee expenses and costs and non-personnel expenses
(e.g., use of automotive equipment) will be billed directly
to the serviced companies, either individually or, when the
Services performed are for a group of companies, by means of
an equitable allocation formula.
2. By deleting paragraph (c) of Item 3 thereof with
respect to the reservation of jurisdiction, and substituting
in lieu thereof the following:
C. In lieu of all other reporting requirements under
2<PAGE>
the Act, GPUN will, by May 1 of each year, as an addendum to
its Form U-13-60, provide a separate report which sets forth
for each company that received services in the previous
fiscal year the types of services (by department or service
company function), the actual costs incurred for each type
of service function and any capital cost add-ons.
3<PAGE>
SIGNATURE
PURSUANT TO THE REQUIREMENTS OF THE PUBLIC UTILITY
HOLDING COMPANY ACT OF 1935, THE UNDERSIGNED COMPANIES HAVE DULY
CAUSED THIS STATEMENT TO BE SIGNED ON THEIR BEHALF BY THE
UNDERSIGNED THEREUNTO DULY AUTHORIZED.
GPU NUCLEAR, INC.
GPU SERVICE, INC.
JERSEY CENTRAL POWER & LIGHT
COMPANY
METROPOLITAN EDISON COMPANY
PENNSYLVANIA ELECTRIC COMPANY
GPU GENERATION, INC.
By: /s/ T. G. Howson
T. G. Howson, Treasurer
GPU INTERNATIONAL, INC.
By: /s/ B. L. Levy
B. L. Levy, President
Date: April 30, 1997<PAGE>
