| EXHIBIT 12 | ||||||||||
| FIRSTENERGY CORP. | ||||||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | ||||||||||
| Nine Months Ended | ||||||||||
| September 30, | ||||||||||
| 2009 | 2008 | |||||||||
| (Dollars in thousands) | ||||||||||
| EARNINGS AS DEFINED IN REGULATION S-K: | ||||||||||
| Income before extraordinary items | $ | 753,686 | $ | 1,010,884 | ||||||
| Interest and other charges, before reduction for amounts capitalized | ||||||||||
| and deferred | 758,789 | 564,199 | ||||||||
| Provision for income taxes | 430,299 | 584,932 | ||||||||
| Interest element of rentals charged to income (a) | 122,199 | 172,371 | ||||||||
| Earnings as defined | $ | 2,064,973 | $ | 2,332,386 | ||||||
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||||||
| Interest before reduction for amounts capitalized and deferred | $ | 758,789 | $ | 564,199 | ||||||
| Interest element of rentals charged to income (a) | 122,199 | 172,371 | ||||||||
| Fixed charges as defined | $ | 880,988 | $ | 736,570 | ||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 2.34 | 3.17 | ||||||||
(a) Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest | ||||||||||
| element can be determined. | ||||||||||
| EXHIBIT 12 | ||||||||||
| FIRSTENERGY SOLUTIONS CORP. | ||||||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | ||||||||||
| Nine Months Ended | ||||||||||
| September 30, | ||||||||||
| 2009 | 2008 | |||||||||
| (Dollars in thousands) | ||||||||||
| EARNINGS AS DEFINED IN REGULATION S-K: | ||||||||||
| Income before extraordinary items | $ | 667,766 | $ | 343,733 | ||||||
| Interest and other charges, before reduction for amounts capitalized | ||||||||||
| and deferred | 99,488 | 107,762 | ||||||||
| Provision for income taxes | 372,175 | 198,245 | ||||||||
| Interest element of rentals charged to income (a) | 71,641 | 75,078 | ||||||||
| Earnings as defined | $ | 1,211,070 | $ | 724,818 | ||||||
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||||||
| Interest before reduction for amounts capitalized and deferred | $ | 99,488 | $ | 107,762 | ||||||
| Interest element of rentals charged to income (a) | 71,641 | 75,078 | ||||||||
| Fixed charges as defined | $ | 171,129 | $ | 182,840 | ||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 7.08 | 3.96 | ||||||||
(a) Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest | ||||||||||
| element can be determined. | ||||||||||
| EXHIBIT 12 | ||||||||||
| OHIO EDISON COMPANY | ||||||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | ||||||||||
| Nine Months Ended | ||||||||||
| September 30, | ||||||||||
| 2009 | 2008 | |||||||||
| (Dollars in thousands) | ||||||||||
| EARNINGS AS DEFINED IN REGULATION S-K: | ||||||||||
| Income before extraordinary items | $ | 80,011 | $ | 165,699 | ||||||
| Interest and other charges, before reduction for amounts capitalized | ||||||||||
| and deferred | 67,717 | 51,851 | ||||||||
| Provision for income taxes | 36,742 | 77,122 | ||||||||
| Interest element of rentals charged to income (a) | 52,756 | 56,673 | ||||||||
| Earnings as defined | $ | 237,226 | $ | 351,345 | ||||||
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||||||
| Interest before reduction for amounts capitalized and deferred | $ | 67,717 | $ | 51,851 | ||||||
| Interest element of rentals charged to income (a) | 52,756 | 56,673 | ||||||||
| Fixed charges as defined | $ | 120,473 | $ | 108,524 | ||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 1.97 | 3.24 | ||||||||
(a) Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest | ||||||||||
| element can be determined. | ||||||||||
| EXHIBIT 12 | ||||||||||
| THE CLEVELAND ELECTRIC ILLUMINATING COMPANY | ||||||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | ||||||||||
| Nine Months Ended | ||||||||||
| September 30, | ||||||||||
| 2009 | 2008 | |||||||||
| (Dollars in thousands) | ||||||||||
| EARNINGS AS DEFINED IN REGULATION S-K: | ||||||||||
| Income before extraordinary items | $ | (32,290 | ) | $ | 219,312 | |||||
| Interest and other charges, before reduction for amounts capitalized | ||||||||||
| and deferred | 100,819 | 94,479 | ||||||||
| Provision for income taxes | (25,290 | ) | 107,082 | |||||||
| Interest element of rentals charged to income (a) | 1,912 | 1,379 | ||||||||
| Earnings as defined | $ | 45,151 | $ | 422,252 | ||||||
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||||||
| Interest before reduction for amounts capitalized and deferred | $ | 100,819 | $ | 94,479 | ||||||
| Interest element of rentals charged to income (a) | 1,912 | 1,379 | ||||||||
| Fixed charges as defined | $ | 102,731 | $ | 95,858 | ||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | (b) | 4.40 | ||||||||
(a) Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest | ||||||||||
| element can be determined. | ||||||||||
| (b) The earnings as defined in 2009 would need to increase $57,580 for the fixed charge ratio to be 1.0. | ||||||||||
| EXHIBIT 12 | ||||||||||
| THE TOLEDO EDISON COMPANY | ||||||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | ||||||||||
| Nine Months Ended | ||||||||||
| September 30, | ||||||||||
| 2009 | 2008 | |||||||||
| (Dollars in thousands) | ||||||||||
| EARNINGS AS DEFINED IN REGULATION S-K: | ||||||||||
| Income before extraordinary items | $ | 14,497 | $ | 69,513 | ||||||
| Interest and other charges, before reduction for amounts capitalized | ||||||||||
| and deferred | 25,649 | 17,445 | ||||||||
| Provision for income taxes | 3,123 | 27,614 | ||||||||
| Interest element of rentals charged to income (a) | 26,159 | 28,121 | ||||||||
| Earnings as defined | $ | 69,428 | $ | 142,693 | ||||||
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||||||
| Interest before reduction for amounts capitalized and deferred | $ | 25,649 | $ | 17,445 | ||||||
| Interest element of rentals charged to income (a) | 26,159 | 28,121 | ||||||||
| Fixed charges as defined | $ | 51,808 | $ | 45,566 | ||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 1.34 | 3.13 | ||||||||
(a) Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest | ||||||||||
| element can be determined. | ||||||||||
| EXHIBIT 12 | ||||||||||
| JERSEY CENTRAL POWER & LIGHT COMPANY | ||||||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | ||||||||||
| Nine Months Ended | ||||||||||
| September 30, | ||||||||||
| 2009 | 2008 | |||||||||
| (Dollars in thousands) | ||||||||||
| EARNINGS AS DEFINED IN REGULATION S-K: | ||||||||||
| Income before extraordinary items | $ | 127,782 | $ | 152,788 | ||||||
| Interest and other charges, before reduction for amounts capitalized | ||||||||||
| and deferred | 90,659 | 80,306 | ||||||||
| Provision for income taxes | 95,834 | 115,623 | ||||||||
| Interest element of rentals charged to income (a) | 5,467 | 5,951 | ||||||||
| Earnings as defined | $ | 319,742 | $ | 354,668 | ||||||
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||||||
| Interest before reduction for amounts capitalized and deferred | $ | 90,659 | $ | 80,306 | ||||||
| Interest element of rentals charged to income (a) | 5,467 | 5,951 | ||||||||
| Fixed charges as defined | $ | 96,126 | $ | 86,257 | ||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 3.33 | 4.11 | ||||||||
(a) Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest | ||||||||||
| element can be determined. | ||||||||||
| EXHIBIT 12 | ||||||||||
| METROPOLITAN EDISON COMPANY | ||||||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | ||||||||||
| Nine Months Ended | ||||||||||
| September 30, | ||||||||||
| 2009 | 2008 | |||||||||
| (Dollars in thousands) | ||||||||||
| EARNINGS AS DEFINED IN REGULATION S-K: | ||||||||||
| Income before extraordinary items | $ | 37,370 | $ | 64,018 | ||||||
| Interest and other charges, before reduction for amounts capitalized | ||||||||||
| and deferred | 42,502 | 33,666 | ||||||||
| Provision for income taxes | 21,027 | 45,866 | ||||||||
| Interest element of rentals charged to income (a) | 1,647 | 1,521 | ||||||||
| Earnings as defined | $ | 102,546 | $ | 145,071 | ||||||
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||||||
| Interest before reduction for amounts capitalized and deferred | $ | 42,502 | $ | 33,666 | ||||||
| Interest element of rentals charged to income (a) | 1,647 | 1,521 | ||||||||
| Fixed charges as defined | $ | 44,149 | $ | 35,187 | ||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 2.32 | 4.12 | ||||||||
(a) Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest | ||||||||||
| element can be determined. | ||||||||||
| EXHIBIT 12 | ||||||||||
| PENNSYLVANIA ELECTRIC COMPANY | ||||||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | ||||||||||
| Nine Months Ended | ||||||||||
| September 30, | ||||||||||
| 2009 | 2008 | |||||||||
| (Dollars in thousands) | ||||||||||
| EARNINGS AS DEFINED IN REGULATION S-K: | ||||||||||
| Income before extraordinary items | $ | 49,307 | $ | 62,357 | ||||||
| Interest and other charges, before reduction for amounts capitalized | ||||||||||
| and deferred | 36,690 | 45,157 | ||||||||
| Provision for income taxes | 29,393 | 39,324 | ||||||||
| Interest element of rentals charged to income (a) | 2,324 | 2,494 | ||||||||
| Earnings as defined | $ | 117,714 | $ | 149,332 | ||||||
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||||||
| Interest before reduction for amounts capitalized and deferred | $ | 36,690 | $ | 45,157 | ||||||
| Interest element of rentals charged to income (a) | 2,324 | 2,494 | ||||||||
| Fixed charges as defined | $ | 39,014 | $ | 47,651 | ||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 3.02 | 3.13 | ||||||||
(a) Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest | ||||||||||
| element can be determined. | ||||||||||