Firstenergy 10-Q 2011 Q2 Quarterly report

EXHIBIT 12

FIRSTENERGY CORP.

CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES

	Six Months Ended
	June 30
	2011		2010
	(Dollars in millions)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	216	$	405
Interest and other charges, before reduction for amounts capitalized and deferred		496		421
Provision for income taxes		179		245
Interest element of rentals charged to income (a)		74		77
Earnings as defined	$	965	$	1,148
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	496	$	421
Interest element of rentals charged to income (a)		74		77
Fixed charges as defined	$	570	$	498
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		1.69		2.31

(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

	Six Months Ended
	June 30
	2011		2010
	(Dollars in millions)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	56	$	214
Interest and other charges, before reduction for amounts capitalized and deferred		108		106
Provision for income taxes		24		113
Interest element of rentals charged to income (a)		44		46
Earnings as defined	$	232	$	479
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	108	$	106
Interest element of rentals charged to income (a)		44		46
Fixed charges as defined	$	152	$	152
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		1.53		3.15

(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

	Six Months Ended
	June 30
	2011		2010
	(Dollars in thousands)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	68,765	$	73,484
Interest and other charges, before reduction for amounts capitalized and deferred		44,156		44,465
Provision for income taxes		34,029		31,465
Interest element of rentals charged to income (a)		29,048		32,386
Earnings as defined	$	175,998	$	181,800
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	44,156	$	44,465
Interest element of rentals charged to income (a)		29,048		32,386
Fixed charges as defined	$	73,204	$	76,851
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		2.40		2.37

(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

	Six Months Ended
	June 30
	2011		2010
	(Dollars in thousands)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	35,050	$	35,918
Interest and other charges, before reduction for amounts capitalized and deferred		65,213		66,883
Provision for income taxes		10,645		19,628
Interest element of rentals charged to income (a)		889		896
Earnings as defined	$	111,797	$	123,325
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	65,213	$	66,883
Interest element of rentals charged to income (a)		889		896
Fixed charges as defined	$	66,102	$	67,779
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		1.69		1.82

(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 TOLEDO EDISON COMPANY

CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES

	Six Months Ended
	June 30
	2011		2010
	(Dollars in thousands)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	17,408	$	14,725
Interest and other charges, before reduction for amounts capitalized and deferred		20,858		20,942
Provision for income taxes		3,164		6,330
Interest element of rentals charged to income (a)		14,586		16,139
Earnings as defined	$	56,016	$	58,136
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	20,858	$	20,942
Interest element of rentals charged to income (a)		14,586		16,139
Fixed charges as defined	$	35,444	$	37,081
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		1.58		1.57

(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

	Six Months Ended
	June 30
	2011		2010
	(Dollars in thousands)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	61,314	$	79,119
Interest and other charges, before reduction for amounts capitalized and deferred		61,839		60,213
Provision for income taxes		48,461		57,051
Interest element of rentals charged to income (a)		2,967		3,283
Earnings as defined	$	174,581	$	199,666
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	61,839	$	60,213
Interest element of rentals charged to income (a)		2,967		3,283
Fixed charges as defined	$	64,806	$	63,496
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		2.69		3.14

(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

	Six Months Ended
	June 30
	2011		2010
	(Dollars in thousands)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	39,365	$	29,424
Interest and other charges, before reduction for amounts capitalized and deferred		26,187		26,775
Provision for income taxes		19,232		20,884
Interest element of rentals charged to income (a)		719		1,078
Earnings as defined	$	85,503	$	78,161
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	26,187	$	26,775
Interest element of rentals charged to income (a)		719		1,078
Fixed charges as defined	$	26,906	$	27,853
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		3.18		2.81

(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

	Six Months Ended
	June 30
	2011		2010
	(Dollars in thousands)
EARNINGS AS DEFINED IN REGULATION S-K:
Income before extraordinary items	$	32,024	$	30,273
Interest and other charges, before reduction for amounts capitalized and deferred		34,595		34,920
Provision for income taxes		25,356		22,969
Interest element of rentals charged to income (a)		1,702		1,668
Earnings as defined	$	93,677	$	89,830
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest before reduction for amounts capitalized and deferred	$	34,595	$	34,920
Interest element of rentals charged to income (a)		1,702		1,668
Fixed charges as defined	$	36,297	$	36,588
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		2.58		2.46

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