EME HOMER CITY GENERATION LP
EXHIBIT 10.30.1
<DOCUMENT>
<TYPE>EX-10.30-1
<SEQUENCE>26
<FILENAME>a2073999zex-10_301.htm
<DESCRIPTION>EXHIBIT 10.30.1
<TEXT>
<HTML>
<HEAD>
<TITLE>
</TITLE>
</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#02MOC1137_25">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>
<!-- TOC_END -->
<P ALIGN="RIGHT"><FONT SIZE=2><A
NAME="qq1138_exhibit_10.30.1"> </A>
<A NAME="toc_qq1138_1"> </A>
<BR></FONT><FONT SIZE=2><B>Exhibit&nbsp;10.30.1    <BR>  </B></FONT></P>

<P><FONT SIZE=2>Schedule
identifying substantially identical agreements to Debt Service Reserve Letter of Credit and Reimbursement Agreement. </FONT></P>

<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>1.</FONT></DT><DD><FONT SIZE=2>The
Debt Service Reserve Letter of Credit and Reimbursement Agreement, dated as of December&nbsp;7, 2001 by and among Homer City OL1 LLC, Westdeutsche Landesbank Girozentrale, New
York Branch, Credit Suisse First Boston, New York Branch, and Westdeutsche Landesbank Girozentrale, New York Branch, as agent, in an amount of up to $10,605,180.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>2.</FONT></DT><DD><FONT SIZE=2>The
Debt Service Reserve Letter of Credit and Reimbursement Agreement, dated as of December&nbsp;7, 2001 by and among Homer City OL2 LLC, Westdeutsche Landesbank Girozentrale, New
York Branch, Credit Suisse First Boston, New York Branch, and Westdeutsche Landesbank Girozentrale, New York Branch, as agent, in an amount of up to $7,070,120.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>3.</FONT></DT><DD><FONT SIZE=2>The
Debt Service Reserve Letter of Credit and Reimbursement Agreement, dated as of December&nbsp;7, 2001 by and among Homer City OL3 LLC, Westdeutsche Landesbank Girozentrale, New
York Branch, Credit Suisse First Boston, New York Branch, and Westdeutsche Landesbank Girozentrale, New York Branch, as agent, in an amount of up to $3,535,060.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>4.</FONT></DT><DD><FONT SIZE=2>The
Debt Service Reserve Letter of Credit and Reimbursement Agreement, dated as of December&nbsp;7, 2001 by and among Homer City OL4 LLC, Westdeutsche Landesbank Girozentrale, New
York Branch, Credit Suisse First Boston, New York Branch, and Westdeutsche Landesbank Girozentrale, New York Branch, as agent, in an amount of up to $3,535,060.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>5.</FONT></DT><DD><FONT SIZE=2>The
Debt Service Reserve Letter of Credit and Reimbursement Agreement, dated as of December&nbsp;7, 2001 by and among Homer City OL5 LLC, Westdeutsche Landesbank Girozentrale, New
York Branch, Credit Suisse First Boston, New York Branch, and Westdeutsche Landesbank Girozentrale, New York Branch, as agent, in an amount of up to $3,535,060.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>6.</FONT></DT><DD><FONT SIZE=2>The
Debt Service Reserve Letter of Credit and Reimbursement Agreement, dated as of December&nbsp;7, 2001 by and among Homer City OL6 LLC, Westdeutsche Landesbank Girozentrale, New
York Branch,
Credit Suisse First Boston, New York Branch, and Westdeutsche Landesbank Girozentrale, New York Branch, as agent, in an amount of up to $3,535,060.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>7.</FONT></DT><DD><FONT SIZE=2>The
Debt Service Reserve Letter of Credit and Reimbursement Agreement, dated as of December&nbsp;7, 2001 by and among Homer City OL7 LLC, Westdeutsche Landesbank Girozentrale, New
York Branch, Credit Suisse First Boston, New York Branch, and Westdeutsche Landesbank Girozentrale, New York Branch, as agent, in an amount of up to $1,767,530.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>8.</FONT></DT><DD><FONT SIZE=2>The
Debt Service Reserve Letter of Credit and Reimbursement Agreement, dated as of December&nbsp;7, 2001 by and among Homer City OL8 LLC, Westdeutsche Landesbank Girozentrale, New
York Branch, Credit Suisse First Boston, New York Branch, and Westdeutsche Landesbank Girozentrale, New York Branch, as agent, in an amount of up to $1,767,530. </FONT></DD></DL>
<HR NOSHADE>
<!-- ZEQ.=1,SEQ=1,EFW="2073999",CP="EME HOMER CITY GENERATION LP",DN="25",CHK=939202,FOLIO='blank',FILE='DISK022:[02MOC8.02MOC1138]QQ1138A.;3',USER='JHILL',CD='26-MAR-2002;22:54' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<BR>
<P><br><A NAME="02MOC1137_25">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<UL>
<FONT SIZE=2><A HREF="#toc_qq1138_1">Exhibit 10.30.1</A></FONT><BR>
</UL>
<!-- SEQ=,FILE='QUICKLINK',USER=RFARRIN,SEQ=,EFW="2073999",CP="EME HOMER CITY GENERATION LP",DN="25" -->
<!-- TOCEXISTFLAG -->
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
