UNITED STATES SECURITIES AND EXCHANGE COMMISSION

                            WASHINGTON, D.C.  20549

                              -------------------

                                    FORM 8-K

                                 CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15(d) OF
                      THE SECURITIES EXCHANGE ACT OF 1934




Date of Report (date of
earliest event reported):                 June 11, 2001



Commission  Registrant, State of Incorporation,             I.R.S. Employer
File Number Address and Telephone Number                    Identification No.
----------- -----------------------------------             ------------------

1-6047          GPU, Inc.                                        13-5516989
                (a Pennsylvania corporation)
                300 Madison Avenue
                Morristown, New Jersey 07962-1911
                Telephone (973) 401-8200

1-3141          Jersey Central Power & Light Company             21-0485010
                (a New Jersey corporation)
                2800 Pottsville Pike
                Reading, Pennsylvania 19640-0001
                Telephone (610) 929-3601

1-446           Metropolitan Edison Company                      23-0870160
                (a Pennsylvania corporation)
                2800 Pottsville Pike
                Reading, Pennsylvania 19640-0001
                Telephone (610) 929-3601

1-3522          Pennsylvania Electric Company                    25-0718085
                (a Pennsylvania corporation)
                2800 Pottsville Pike
                Reading, Pennsylvania 19640-0001
                Telephone (610) 929-3601




<PAGE>


ITEM 5.     OTHER EVENTS.
            ------------


      On June 11, 2001, a stipulated  settlement was filed with the Pennsylvania
Public Utility  Commission  ("PaPUC") with respect to the petition filed by GPU,
Inc.'s  ("GPU")   subsidiaries,   Metropolitan  Edison  Company  ("Met-Ed")  and
Pennsylvania  Electric Company  ("Penelec"),  for rate relief in connection with
their  provider  of last  resort  ("PLR")  obligations  and with  respect to the
proposed merger of GPU with FirstEnergy Corp. ("FirstEnergy")(which proceedings,
as previously reported, have been consolidated).

      Parties  to  the  stipulated  settlement  include  GPU,  Met-Ed,  Penelec,
FirstEnergy,  the Pennsylvania  Office of Consumer Advocate,  Penelec Industrial
Customer Alliance, Met-Ed Industrial Users Group and Citizens for Pennsylvania's
Future.

      The  stipulated  settlement  is subject to the approval of the PaPUC.  The
PaPUC is expected to rule on the proceedings on Thursday, June 14, 2001.

      Copies of the Settlement  Stipulation and  FirstEnergy's and GPU's related
joint news release are annexed as exhibits.


<PAGE>


ITEM 7.     FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
            ----------------------------------------------------------
            EXHIBITS.
            ---------

      (c)   Exhibits

            1.    Settlement Stipulation, dated June 11, 2001.

            2.    FirstEnergy and GPU Joint News Release, dated June 12, 2001.




<PAGE>



                                    SIGNATURE

      PURSUANT TO THE  REQUIREMENTS OF THE SECURITIES  EXCHANGE ACT OF 1934, THE
REGISTRANTS  HAVE DULY CAUSED  THIS  REPORT TO BE SIGNED ON THEIR  BEHALF BY THE
UNDERSIGNED THEREUNTO DULY AUTHORIZED.


                              GPU, INC.
                              JERSEY CENTRAL POWER & LIGHT COMPANY
                              METROPOLITAN EDISON COMPANY
                              PENNSYLVANIA ELECTRIC COMPANY



                              By: /s/ T. G. Howson
                                   -------------------------------
                                  T. G. Howson, Vice President
                                  and Treasurer


Date:   June 12, 2001
[{"type": "8-K", "sequence": "1", "filename": "gpu_8ka-061201.txt", "description": "8-K", "secsgml_size_bytes": 3919}]
[{"company-data": {"conformed-name": "GPU INC /PA/", "cik": "0000040779", "assigned-sic": "4911", "irs-number": "135516989", "state-of-incorporation": "PA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-06047", "film-number": "1659552"}, "business-address": {"street1": "300 MADISON AVE", "street2": "C/O GPU SERVICE INC", "city": "MORRISTOWN", "state": "NJ", "zip": "07962-1911", "phone": "9734558200"}, "mail-address": {"street1": "300 MADISON AVE", "street2": "C/O GPU SERVICE INC", "city": "MORRISTOWN", "state": "NJ", "zip": "07962-1911"}}, {"company-data": {"conformed-name": "JERSEY CENTRAL POWER & LIGHT CO", "cik": "0000053456", "assigned-sic": "4911", "irs-number": "210485010", "state-of-incorporation": "NJ", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-03141", "film-number": "1659553"}, "business-address": {"street1": "2800 POTTSVILLE PIKE", "city": "READING", "state": "PA", "zip": "19640-0001", "phone": "6109293601"}, "mail-address": {"street1": "C/O GPU ENERGY", "street2": "2800 POTTSVILLE PIKE", "city": "READING", "state": "PA", "zip": "19640-0001"}}, {"company-data": {"conformed-name": "METROPOLITAN EDISON CO", "cik": "0000065350", "assigned-sic": "4911", "irs-number": "230870160", "state-of-incorporation": "PA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "002-27099", "film-number": "1659554"}, "business-address": {"street1": "2800 POTTSVILLE PIKE", "street2": "MUHLENBERG TOWNSHIP", "city": "READING", "state": "PA", "zip": "19640-0001", "phone": "6109293601"}, "mail-address": {"street1": "C/O ENERGY GPU ENERGY", "street2": "2800 POTTERVILLE", "city": "READING", "state": "PA", "zip": "19640-0001"}}, {"company-data": {"conformed-name": "PENNSYLVANIA ELECTRIC CO", "cik": "0000077227", "assigned-sic": "4911", "irs-number": "250718085", "state-of-incorporation": "PA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-03522", "film-number": "1659555"}, "business-address": {"street1": "2800 POTTSVILLE PIKE READING", "street2": "MUHLENBERG TOWNSHIP", "city": "BERKS COUNTY", "state": "PA", "zip": "19640-0001", "phone": "6109293601"}, "mail-address": {"street1": "C/O GPU ENERGY", "street2": "2800 POTTSVILLE PIKE", "city": "READING", "state": "PA", "zip": "19605-2459"}}]
UNITED STATES SECURITIES AND EXCHANGE COMMISSION

                            WASHINGTON, D.C.  20549

                              -------------------

                                    FORM 8-K

                                 CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15(d) OF
                      THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (date of
earliest event reported):                 June 11, 2001

Commission  Registrant, State of Incorporation,             I.R.S. Employer
File Number Address and Telephone Number                    Identification No.
----------- -----------------------------------             ------------------

1-6047          GPU, Inc.                                        13-5516989
                (a Pennsylvania corporation)
                300 Madison Avenue
                Morristown, New Jersey 07962-1911
                Telephone (973) 401-8200

1-3141          Jersey Central Power & Light Company             21-0485010
                (a New Jersey corporation)
                2800 Pottsville Pike
                Reading, Pennsylvania 19640-0001
                Telephone (610) 929-3601

1-446           Metropolitan Edison Company                      23-0870160
                (a Pennsylvania corporation)
                2800 Pottsville Pike
                Reading, Pennsylvania 19640-0001
                Telephone (610) 929-3601

1-3522          Pennsylvania Electric Company                    25-0718085
                (a Pennsylvania corporation)
                2800 Pottsville Pike
                Reading, Pennsylvania 19640-0001
                Telephone (610) 929-3601
ITEM 5.     OTHER EVENTS.
            ------------

      On June 11, 2001, a stipulated  settlement was filed with the Pennsylvania
Public Utility  Commission  ("PaPUC") with respect to the petition filed by GPU,
Inc.'s  ("GPU")   subsidiaries,   Metropolitan  Edison  Company  ("Met-Ed")  and
Pennsylvania  Electric Company  ("Penelec"),  for rate relief in connection with
their  provider  of last  resort  ("PLR")  obligations  and with  respect to the
proposed merger of GPU with FirstEnergy Corp. ("FirstEnergy")(which proceedings,
as previously reported, have been consolidated).

      Parties  to  the  stipulated  settlement  include  GPU,  Met-Ed,  Penelec,
FirstEnergy,  the Pennsylvania  Office of Consumer Advocate,  Penelec Industrial
Customer Alliance, Met-Ed Industrial Users Group and Citizens for Pennsylvania's
Future.

      The  stipulated  settlement  is subject to the approval of the PaPUC.  The
PaPUC is expected to rule on the proceedings on Thursday, June 14, 2001.

      Copies of the Settlement  Stipulation and  FirstEnergy's and GPU's related
joint news release are annexed as exhibits.
ITEM 7.     FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
            ----------------------------------------------------------
            EXHIBITS.
            ---------

      (c)   Exhibits

            1.    Settlement Stipulation, dated June 11, 2001.

            2.    FirstEnergy and GPU Joint News Release, dated June 12, 2001.
SIGNATURE

      PURSUANT TO THE  REQUIREMENTS OF THE SECURITIES  EXCHANGE ACT OF 1934, THE
REGISTRANTS  HAVE DULY CAUSED  THIS  REPORT TO BE SIGNED ON THEIR  BEHALF BY THE
UNDERSIGNED THEREUNTO DULY AUTHORIZED.

                              GPU, INC.
                              JERSEY CENTRAL POWER & LIGHT COMPANY
                              METROPOLITAN EDISON COMPANY
                              PENNSYLVANIA ELECTRIC COMPANY

                              By: /s/ T. G. Howson
                                   -------------------------------
                                  T. G. Howson, Vice President
                                  and Treasurer

Date:   June 12, 2001