**EXHIBIT      12.3**

**Page      1**

**THE      CLEVELAND ELECTRIC ILLUMINATING COMPANY**

**CONSOLIDATED      RATIO OF EARNINGS TO FIXED CHARGES**

|                                                                           |   | **Year                Ended December 31,**  |    |
|--------------------------------------------------------------------------------|--------|---------------------------------------------|---------|
|                                                                           |   | **2001**                                    |    | **2002** |   | **2003** |   | **2004** |   | **2005** |   |
|                                                                           |   | ***(Dollars                in thousands)*** |    |
|                                                                           |   |                                        |    |   |   |   |   |   |   |   |   |
|                                                                           |   |                                        |    |   |   |   |   |   |   |   |   |
| **EARNINGS                AS DEFINED IN REGULATION S-K:**                      |   |                                        |    |   |   |   |   |   |   |   |   |
| Income                before                extraordinary items                |   | $                                           | 177,905 |   | $ | 136,952 |   | $ | 197,033 |   | $ | 236,531 |   | $ | 231,059 |   |
| Interest                and                other charges, before reduction for |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| amounts                capitalized                                             |   |                                        | 192,102 |   |   | 189,502 |   |   | 164,132 |   |   | 138,678 |   |   | 132,226 |   |
| Provision                for                income taxes                       |   |                                        | 137,887 |   |   | 84,938 |   |   | 131,285 |   |   | 138,856 |   |   | 153,014 |   |
| Interest                element of rentals charged to income (a)               |   |                                        | 59,497  |   |   | 51,170 |   |   | 49,761 |   |   | 49,375 |   |   | 47,643 |   |
| Earnings                as                defined                              |   | $                                           | 567,391 |   | $ | 462,562 |   | $ | 542,211 |   | $ | 563,440 |   | $ | 563,942 |   |
|                                                                           |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| **FIXED                CHARGES AS DEFINED IN REGULATION S-K:**                 |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| Interest                expense                                                |   | $                                           | 191,727 |   | $ | 180,602 |   | $ | 159,632 |   | $ | 138,678 |   | $ | 132,226 |   |
| Subsidiary’s                preferred stock dividend requirements        |   |                                        | 375     |   |   | 8,900 |   |   | 4,500 |   |   | - |   |   | - |   |
| Interest                element of rentals charged to income (a)               |   |                                        | 59,497  |   |   | 51,170 |   |   | 49,761 |   |   | 49,375 |   |   | 47,643 |   |
| Fixed                charges                as defined                         |   | $                                           | 251,599 |   | $ | 240,672 |   | $ | 213,893 |   | $ | 188,053 |   | $ | 179,869 |   |
|                                                                           |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| **CONSOLIDATED                RATIO OF EARNINGS TO FIXED CHARGES**             |   |                                        | 2.26    |   |   | 1.92 |   |   | 2.53 |   |   | 3.00 |   |   | 3.14 |   |
|                                                                           |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |

----

**EXHIBIT      12.3**

**Page      2**

**THE      CLEVELAND ELECTRIC ILLUMINATING COMPANY**

**CONSOLIDATED      RATIO OF EARNINGS TO FIXED CHARGES PLUS PREFERRED**

**STOCK      DIVIDEND REQUIREMENTS (PRE-INCOME TAX BASIS)**

|                                                                                   |   | **Year                Ended December 31,**  |    |
|----------------------------------------------------------------------------------------|--------|---------------------------------------------|---------|
|                                                                                   |   | **2001**                                    |    | **2002** |   | **2003** |   | **2004** |   | **2005** |   |
|                                                                                   |   | ***(Dollars                in thousands)*** |    |
|                                                                                   |   |                                        |    |   |   |   |   |   |   |   |   |
| **EARNINGS                AS DEFINED IN REGULATION S-K:**                              |   |                                        |    |   |   |   |   |   |   |   |   |
| Income                before                extraordinary items                        |   | $                                           | 177,905 |   | $ | 136,952 |   | $ | 197,033 |   | $ | 236,531 |   | $ | 231,059 |   |
| Interest                and                other charges, before reduction for amounts |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
|                    capitalized                                          |   |                                        | 192,102 |   |   | 189,502 |   |   | 164,132 |   |   | 138,678 |   |   | 132,226 |   |
| Provision                for                income taxes                               |   |                                        | 137,887 |   |   | 84,938 |   |   | 131,285 |   |   | 138,856 |   |   | 153,014 |   |
| Interest                element of rentals charged to income (a)                       |   |                                        | 59,497  |   |   | 51,170 |   |   | 49,761 |   |   | 49,375 |   |   | 47,643 |   |
| Earnings                as                defined                                      |   | $                                           | 567,391 |   | $ | 462,562 |   | $ | 542,211 |   | $ | 563,440 |   | $ | 563,942 |   |
|                                                                                   |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| **FIXED                CHARGES AS DEFINED IN REGULATION S-K PLUS**                     |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| **PREFERRED                STOCK DIVIDEND REQUIREMENTS**                               |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| **(PRE-INCOME                TAX BASIS):**                                             |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| Interest                expense                                                        |   | $                                           | 191,727 |   | $ | 180,602 |   | $ | 159,632 |   | $ | 138,678 |   | $ | 132,226 |   |
| Preferred                stock dividend requirements                                   |   |                                        | 25,213  |   |   | 24,590 |   |   | 12,026 |   |   | 7,008 |   |   | 2,918 |   |
| Adjustments                to                preferred stock dividends                 |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| to                state on a                pre-income tax basis                       |   |                                        | 20,178  |   |   | 8,204 |   |   | 5,137 |   |   | 4,113 |   |   | 1,932 |   |
| Interest                element of rentals charged to income (a)                       |   |                                        | 59,497  |   |   | 51,170 |   |   | 49,761 |   |   | 49,375 |   |   | 47,643 |   |
| Fixed                charges                as defined plus preferred stock            |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| dividend                requirements (pre-income tax basis)                            |   | $                                           | 296,615 |   | $ | 264,566 |   | $ | 226,556 |   | $ | 199,174 |   | $ | 184,719 |   |
| **CONSOLIDATED                RATIO OF EARNINGS TO FIXED CHARGES**                     |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| **PLUS                PREFERRED STOCK DIVIDEND REQUIREMENTS**                          |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| **(PRE-INCOME                TAX BASIS)**                                              |   |                                        | 1.91    |   |   | 1.75 |   |   | 2.39 |   |   | 2.83 |   |   | 3.05 |   |
|                                                                                   |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |

----