**AEP        TEXAS CENTRAL COMPANY AND SUBSIDIARY **

**Computation        of Consolidated Ratios of Earnings to Fixed Charges **

**(in        thousands except ratio data)**

|                                                                                                                                                                          |   | **Year                    Ended December 31,** |          | **Twelve****Months****Ended** |    |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------|---------------|-------------------------------|---------|
|                                                                                                                                                                          |   | **2000**                                       |          | **2001**                      |    | **2002** |   | **2003** |   | **2004** |   | **6/30/05** |   |
| ** FIXED                    CHARGES**                                                                                                                                    |   |                                           |          |                          |    |   |   |   |   |   |   |   |   |
|   Interest on                  Long-term                  Debt                                                                                                 |   |  $                                        | 96,212        |                          |  $ | 86,980 |   |  $ | 99,839 |   |  $ | 122,866 |   |  $ | 116,667 |   |  $ | 104,594 |   |
|   Interest on                  Short-term                  Debt                                                                                                          |   |                                           | 22,830        |                          |    | 25,023 |   |   | 19,442 |   |   | 5,877 |   |   | 7,652 |   |   | 14,376 |   |
|   Distributions                  on Trust                  Preferred Securities                                                                                          |   |                                           |  11,940  |                          |    | 11,208 |   |   | 10,560 |   |   | 5,264 |   |   | - |   |   | - |   |
|                    Estimated Interest Element in Lease Rentals                                                                                                           |   |                                           |  1,803   |                          |    | 1,983 |   |   | 2,395 |   |   | 2,136 |   |   | 1,382 |   |   | 1,382 |   |
|                                                                                                                                                                          |   |                                           |          |                          |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     **Fixed                  Charges**                                                                                                                    |   |  $                                        |  132,785 |                          |  $ | 125,194 |   |  $ | 132,236 |   |  $ | 136,143 |   |  $ | 125,701 |   |  $ | 120,352 |   |
|                                                                                                                                                                          |   |                                           |          |                          |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  **EARNINGS**                                                                                                                                                            |   |                                           |          |                          |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Net                    Income Before Extraordinary Item and                         Cumulative Effect of Accounting                    Change |   | $                                              | 189,567       |                          | $       | 182,278 |   | $ | 275,941 |   | $ | 217,547 |   | $ | 294,656 |   | $ | 295,098 |   |
|   Plus                    Federal Income Taxes                                                                                                                      |   |                                           | 80,797        |                          |    | 172,722 |   |   | 30,102 |   |   | 90,868 |   |   | 113,463 |   |   | 177,422 |   |
|   Plus                    State Income Taxes                                                                                                                        |   |                                           | 3,532         |                          |    | 14,849 |   |   | 3,616 |   |   | 118 |   |   | 9,840 |   |   | 17,264 |   |
|   Plus                    Provision for Deferred Income Taxes                                                                                                       |   |                                           | 16,263        |                          |    | (72,568 | )  |   | 113,655 |   |   | 19,393 |   |   | 16,492 |   |   | (55,197 | ) |
|   Plus                    Deferred Investment Tax Credits                                                                                                           |   |                                           | (5,207        | )                             |    | (5,207 | ) |   | (5,207 | ) |   | (5,207 | ) |   | (4,736 | ) |   | (4,005 | ) |
|   Plus                    Fixed Charges (as above)                                                                                                                  |   |                                           | 132,785       |                          |    | 125,194 |   |   | 132,236 |   |   | 136,143 |   |   | 125,701 |   |   | 120,352 |   |
|                                                                                                                                                                          |   |                                           |          |                          |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     **Total                    Earnings**                                                                                                                 |   | $                                              | 417,737       |                          | $       | 417,268 |   | $ | 550,343 |   | $ | 458,862 |   | $ | 555,416 |   | $ | 550,934 |   |
|                                                                                                                                                                          |   |                                           |          |                          |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Ratio                    of Earnings to Fixed Charges**                                                                                                                     |   |                                           | 3.14          |                          |    | 3.33 |   |   | 4.16 |   |   | 3.37 |   |   | 4.41 |   |   | 4.57 |   |