**EXHIBIT        33.1**

**REPORT        ON        ASSESSMENT OF COMPLIANCE WITH SERVICING CRITERIA FOR ASSET-BACKED        SECURITIES**

| 1.                    | The                  Servicer                  is responsible for assessing compliance with the servicing criteria                  applicable to it. The servicing criteria specified in the following                  paragraphs of paragraph (d) of Item 1122 of Regulation AB are not                  applicable to the Servicer based on the activities it performs                  with                  respect to asset-backed securities transactions taken as a whole                  involving                  the Servicer and that are backed by bondable transition property                  (1)(ii)                  (outsourcing), (1)(iii) (back-up servicing), (1)(iv) (fidelity                  bond), (2)(vi) (unissued checks), (3)(ii)                  (remittance to investors), (3)(iii) (disbursement records), (3)(iv)                  (remittance reconciliation), (4)(iii) (additions, removals or                  substitutions), (4)(ix) (adjustments to interest rates), (4)(x)                  (obligor                  escrow funds), (4)(xi) (payments on behalf of obligors), (4)(xii)                  (late                  payment penalties), (4)(xiii) (obligor disbursements), (4)(xv)                  (external                  credit enhancement); |
|--------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.                    | The                  Servicer                  used the criteria in paragraph (d) of Item 1122 of Regulation AB                  to assess                  compliance with the applicable servicing                  criteria; |
|--------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.                    | The                  Servicer                  has determined that it is in compliance with the applicable servicing                  criteria as of December 31, 2006 and for the period August 10,                  2006                  (commencement of servicing activities) through December 31, 2006,                  which is                  the period covered by this report on Form 10-K; |
|--------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.                    | PricewaterhouseCoopers                  LLP, a registered public accounting firm, has issued an attestation                  report                  on the Servicer's assessment of compliance with the applicable                  servicing                  criteria as of December 31, 2006 and for the period August 10,                  2006                  (commencement of servicing activities) through December 31, 2006,                  which is                  the period covered by this report on Form 10 K;                  and |
|--------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.                    | Bank                  of New                  York (the "Trustee"), as the trustee for the Series 2006-A Transition                  Bonds issued by the Issuing Entity, may be considered a party                  participating in the servicing function under Item 1122 of Regulation                  AB. |
|--------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|         |                                                                                                                                                                                                                        |                                               |
|--------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------|
|         | ** Jersey** **Central                    Power & Light Company, as                    Servicer**                                                                                                              |
|    |                                                                                                                                                                                                                   |                                          |
|         |                                                                                                                                                                                                                        | /s/  Richard                    H. Marsh |
|         | Richard                    H.                    Marsh                                                                                                                                                                      |
|         | Senior                    Vice                    President andChief                    Financial Officer of Jersey Central                    Power                    & Light Company, as                    Servicer |