EXHIBIT 12(b)
| THE CLEVELAND ELECTRIC ILLUMINATING COMPANY | ||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | ||||||
| Six Months Ended | ||||||
| June 30, | ||||||
| 2008 | 2007 | |||||
| (Dollars in thousands) | ||||||
| EARNINGS AS DEFINED IN REGULATION S-K: | ||||||
| Income before extraordinary items | $ | 124,424 | $ | 132,498 | ||
| Interest and other charges, before reduction for amounts capitalizedand deferred | 63,455 | 73,007 | ||||
| Provision for income taxes | 64,105 | 76,915 | ||||
| Interest element of rentals charged to income (a) | 916 | 22,278 | ||||
| Earnings as defined | $ | 252,900 | $ | 304,698 | ||
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||
| Interest before reduction for amounts capitalized and deferred | $ | 63,455 | $ | 73,007 | ||
| Interest element of rentals charged to income (a) | 916 | 22,278 | ||||
| Fixed charges as defined | $ | 64,371 | $ | 95,285 | ||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 3.93 | 3.20 | ||||
(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(b)
| THE TOLEDO EDISON COMPANY | ||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | ||||||
| Six Months Ended | ||||||
| June 30, | ||||||
| 2008 | 2007 | |||||
| (Dollars in thousands) | ||||||
| EARNINGS AS DEFINED IN REGULATION S-K: | ||||||
| Income before extraordinary items | $ | 38,322 | $ | 47,731 | ||
| Interest and other charges, before reduction for amounts capitalized and deferred | 11,613 | 16,419 | ||||
| Provision for income taxes | 15,440 | 26,489 | ||||
| Interest element of rentals charged to income (a) | 18,859 | 37,179 | ||||
| Earnings as defined | $ | 84,234 | $ | 127,818 | ||
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||
| Interest before reduction for amounts capitalized anddeferred | $ | 11,613 | $ | 16,419 | ||
| Interest element of rentals charged to income (a) | 18,859 | 37,179 | ||||
| Fixed charges as defined | $ | 30,472 | $ | 53,598 | ||
| CONSOLIDATED RATIO OF EARNINGS TOFIXEDCHARGES | 2.76 | 2.38 | ||||
(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(b)
JERSEY CENTRAL POWER & LIGHT COMPANY
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
| Six Months Ended | ||||||
| June 30, | ||||||
| 2008 | 2007 | |||||
| (Dollars in thousands) | ||||||
| EARNINGS AS DEFINED IN REGULATION S-K: | ||||||
| Income before extraordinary items | $ | 76,898 | $ | 88,159 | ||
| Interest and other charges, before reduction for amounts capitalizedand deferred | 52,946 | 52,117 | ||||
| Provision for income taxes | 59,871 | 72,362 | ||||
| Interest element of rentals charged to income (a) | 3,958 | 4,351 | ||||
| Earnings as defined | $ | 193,673 | $ | 216,989 | ||
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||
| Interest before reduction for amounts capitalized and deferred | 52,946 | 52,117 | ||||
| Interest element of rentals charged to income (a) | 3,958 | 4,351 | ||||
| Fixed charges as defined | $ | 56,904 | $ | 56,468 | ||
| CONSOLIDATED RATIO OF EARNINGS TOFIXED CHARGES | 3.40 | 3.84 | ||||
(a) Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined.
EXHIBIT12(b)
| METROPOLITAN EDISON COMPANY | ||||||
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | ||||||
| Six Months Ended | ||||||
| June 30, | ||||||
| 2008 | 2007 | |||||
| (Dollars in thousands) | ||||||
| EARNINGS AS DEFINED IN REGULATION S-K: | ||||||
| Income before extraordinary items | $ | 42,032 | $ | 51,109 | ||
| Interest and other charges, before reduction for amounts capitalizedand deferred | 22,652 | 25,180 | ||||
| Provision for income taxes | 29,596 | 38,408 | ||||
| Interest element of rentals charged to income (a) | 1,072 | 968 | ||||
| Earnings as defined | $ | 95,352 | $ | 115,665 | ||
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||
| Interest before reduction for amounts capitalized and deferred | 22,652 | 25,180 | ||||
| Interest element of rentals charged to income (a) | 1,072 | 968 | ||||
| Fixed charges as defined | $ | 23,724 | $ | 26,148 | ||
| CONSOLIDATED RATIO OF EARNINGS TO FIXEDCHARGES | 4.02 | 4.42 | ||||
(a) Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined.