EXHIBIT D-2
[GRAPHIC OMITTED] COMMONWEALTH OF PENNSYLVANIA
PENNSYLVANIA PUBLIC UTILITY COMMISSION
P.O. BOX 3265, HARRISBURG, PA 17105-3265 IN REPLY PLEASE
REFER TO OUR FILE
G-00031014
JUNE 25, 2003
XXXX XXXXXXX XXXXX & XXXXXXX LLP
SUITE 000
0000 XXXXXXXXX XXXX
XXXXXXX XX 00000-1221
ATTN: XX XXXXXXX X XXXXXXXX
Re: Affiliated Interest Agreement for an Intercompany
Tax Allocation Agreement among the FirstEnergy Companies
Dear Xx. Xxxxxxxx:
On May 21, 2003, Metropolitan Edison Company, Pennsylvania Electric
Company, and Penn Power Company, collectively the "First Energy Pennsylvania
Utilities", filed pursuant to Chapter 21 of the Pennsylvania Utility Code, 66
Pa. C.S. ss.2102, an Affiliated Interest Agreement requesting approval of an
Intercompany Income Tax Allocation Agreement among the affiliated companies
covered by the consolidated income tax filings. By Secretarial Letter dated June
19, 2003, the Commission extended the statutory consideration an additional 30
days or to July 20, 2003.
Upon review of the filing, it does not appear that the arrangement is
unreasonable and contrary to the public interest. Therefore, this filing is
approved. However, approval of this filing does not constitute a determination
that such a filing is consistent with public interest, and that the associated
costs are reasonable or prudent for the purposes of determining just and
reasonable rates. Furthermore, the Commission's approval is contingent upon the
possibility that subsequent audits, reviews, and inquiry, in any Commission
proceeding, may be conducted, pursuant to 66 Pa. C.S. ss.ss.2102, et seq.
In addition, this approval will apply only to the agreement(s),
services(s), matters, and parties specifically and clearly defined under this
instant filing as well as any associated and previously filed filings.
Sincerely,
/s/ Xxxxx X. XxXxxxx
----------------
Xxxxx X. XxXxxxx
Secretary
Cc: Xxxxx Xxxxxxxxxxx, FUS
Xxxxx Xxxxxxx, Secretary's Bureau
