Firstenergy 10-Q 2010 Q3 Quarterly report

EXHIBIT 12

FIRSTENERGY CORP.

CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES

	Nine Months Ended
	September 30
	2010		2009
	(Dollars in millions)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	580	$	754
Interest and other charges, before reduction for amounts capitalized and deferred		629		759
Provision for income taxes		364		430
Interest element of rentals charged to income (a)		114		122
Earnings as defined	$	1,687	$	2,065
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	629	$	759
Interest element of rentals charged to income (a)		114		122
Fixed charges as defined	$	743	$	881
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		2.27		2.34

(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
	2010		2009
	(Dollars in thousands)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	177,125	$	667,766
Interest and other charges, before reduction for amounts capitalized and deferred		157,922		99,488
Provision for income taxes		107,833		372,175
Interest element of rentals charged to income (a)		68,562		71,641
Earnings as defined	$	511,442	$	1,211,070
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	157,922	$	99,488
Interest element of rentals charged to income (a)		68,562		71,641
Fixed charges as defined	$	226,484	$	171,129
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		2.26		7.08

(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
	2010		2009
	(Dollars in thousands)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	119,737	$	80,011
Interest and other charges, before reduction for amounts capitalized and deferred		66,440		67,717
Provision for income taxes		60,797		36,742
Interest element of rentals charged to income (a)		47,972		52,756
Earnings as defined	$	294,946	$	237,226
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	66,440	$	67,717
Interest element of rentals charged to income (a)		47,972		52,756
Fixed charges as defined	$	114,412	$	120,473
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		2.58		1.97

(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
	2010		2009
	(Dollars in thousands)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	60,866	$	(32,290	)
Interest and other charges, before reduction for amounts capitalized and deferred		100,267		100,819
Provision for income taxes		33,107		(25,290	)
Interest element of rentals charged to income (a)		1,338		1,912
Earnings as defined	$	195,578	$	45,151
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	100,267	$	100,819
Interest element of rentals charged to income (a)		1,338		1,912
Fixed charges as defined	$	101,605	$	102,731
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		1.92		(b	)

(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 $57,580,000 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
	2010		2009
	(Dollars in thousands)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	27,821	$	14,497
Interest and other charges, before reduction for amounts capitalized and deferred		31,421		25,649
Provision for income taxes		13,241		3,123
Interest element of rentals charged to income (a)		23,924		26,159
Earnings as defined	$	96,407	$	69,428
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	31,421	$	25,649
Interest element of rentals charged to income (a)		23,924		26,159
Fixed charges as defined	$	55,345	$	51,808
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		1.74		1.34

(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
	2010		2009
	(Dollars in thousands)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	161,971	$	127,782
Interest and other charges, before reduction for amounts capitalized and deferred		90,508		90,659
Provision for income taxes		121,491		95,834
Interest element of rentals charged to income (a)		4,822		5,467
Earnings as defined	$	378,792	$	319,742
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	90,508	$	90,659
Interest element of rentals charged to income (a)		4,822		5,467
Fixed charges as defined	$	95,330	$	96,126
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		3.97		3.33

(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
	2010		2009
	(Dollars in thousands)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	43,664	$	37,370
Interest and other charges, before reduction for amounts capitalized and deferred		39,812		42,502
Provision for income taxes		30,968		21,027
Interest element of rentals charged to income (a)		1,642		1,647
Earnings as defined	$	116,086	$	102,546
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	39,812	$	42,502
Interest element of rentals charged to income (a)		1,642		1,647
Fixed charges as defined	$	41,454	$	44,149
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		2.80		2.32

(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
	2010		2009
	(Dollars in thousands)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	50,089	$	49,307
Interest and other charges, before reduction for amounts capitalized and deferred		52,501		36,690
Provision for income taxes		28,280		29,393
Interest element of rentals charged to income (a)		2,538		2,324
Earnings as defined	$	133,408	$	117,714
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	52,501	$	36,690
Interest element of rentals charged to income (a)		2,538		2,324
Fixed charges as defined	$	55,039	$	39,014
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		2.42		3.02

(a) Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined.