----

**THE      TOLEDO      EDISON COMPANY**

**TO      **

**THE      BANK OF      NEW YORK TRUST COMPANY, N.A.**

**as      Trustee**

**Indenture**

**(For      Unsecured Debt Securities)**

**Dated      as of      November 1, 2006**

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**TABLE        OF        CONTENTS**

| PARTIES                                                                                                                                                                                                                                                                  1 |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| RECITAL                  OF THE                  COMPANY                                                                                                                                                                                                                              1                                                                                                                                                                        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |
| Article                  One                  Definitions and Other Provisions of General Application                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 1 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |
| SECTION                  101                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Definitions. | 1 |
| SECTION                  102                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Compliance                  Certificates and Opinions. | 9 |
| SECTION                  103                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Form                  of                  Documents Delivered to Trustee. | 10 |
| SECTION                  104                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Acts                  of                  Holders. | 11 |
| SECTION                  105                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Notices,                  etc.                  to Trustee and Company | 12 |
| SECTION                  106                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Notice                  to                  Holders of Securities: Waiver | 12 |
| SECTION                  107                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Conflict                  with                  Trust Indenture Act | 13 |
| SECTION                  108                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Effect                  of                  Headings and Table of Contents | 13 |
| SECTION                  109                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Successors                  and                  Assigns | 13 |
| SECTION                  110                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Severability                  Clause | 13 |
| SECTION                  111                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Benefits                  of                  Indenture | 13 |
| SECTION                  112                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Governing                  Law | 13 |
| SECTION                  113                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Legal                  Holidays | 13 |
| SECTION                  114                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Waiver                  of Jury                  Trial | 14 |
| SECTION                  115                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Force                  Majeure | 14 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |
| Article                  Two                  Security Forms                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 14 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |
| SECTION                  201                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Forms                  Generally | 14 |
| SECTION                  202                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Form                  of                  Trustee's Certificate of Authentication | 15 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |
| Article                  Three                  The Securities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 15 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |
| SECTION                  301                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Amount                  Unlimited: Issuable in Series | 15 |
| SECTION                  302                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Denominations | 18 |
| SECTION                  303                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Execution,                  Authentication, Delivery and Dating | 18 |
| SECTION                  304                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Temporary                  Securities | 21 |
| SECTION                  305                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Registration,                  Registration of Transfer and Exchange | 22 |
| SECTION                  306                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Mutilated,                  Destroyed, Lost and Stolen Securities | 23 |
| SECTION                  307                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Payment                  of                  Interest, Interest Rights Preserved | 23 |
| SECTION                  308                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Persons                  Deemed                  Owners | 24 |
| SECTION                  309                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Cancellation                  by Security Registrar | 25 |
| SECTION                  310                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Computation                  of                  Interest | 25 |
| SECTION                  311                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Payment                  to be                  in Proper Currency | 25 |
| SECTION                  312                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Extension                  of                  Interest Payment | 25 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |
| Article                  Four                  Redemption of Securities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 26 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |

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| SECTION                  401                                                                                                                                   | Applicability                  of Article                                                                   | 26     |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------|--------|
| SECTION                  402                                                                                                                                   | Election                  to                  Redeem: Notice to Trustee                                     | 26     |
| SECTION                  403                                                                                                                                   | Selection                  of                  Securities to Be Redeemed                                    | 26     |
| SECTION                  404                                                                                                                                   | Notice                  of                  Redemption                                                      | 27     |
| SECTION                  405                                                                                                                                   | Securities                  Payable on Redemption Date                                                      | 28     |
| SECTION                  406                                                                                                                                   | Securities                  Redeemed in Part                                                                | 28     |
|                                                                                                                                                           |                                                                                                        |   |
| Article                  Five                  Sinking Funds                                                                                                   | 29                                                                                                          |
|                                                                                                                                                           |                                                                                                        |   |
| SECTION                  501                                                                                                                                   | Applicability                  of Article.                                                                  | 29     |
| SECTION                  502                                                                                                                                   | Satisfaction                  of Sinking Fund Payments with Securities                                      | 29     |
| SECTION                  503                                                                                                                                   | Redemption                  of                  Securities for Sinking Fund                                 | 29     |
|                                                                                                                                                           |                                                                                                        |   |
| Article                  Six                  Covenants                                                                                                        | 30                                                                                                          |
|                                                                                                                                                           |                                                                                                        |   |
| SECTION                  601                                                                                                                                   | Payment                  of                  Principal, Premium and Interest                                | 30     |
| SECTION                  602                                                                                                                                   | Maintenance                  of                  Office or Agency                                           | 30     |
| SECTION                  603                                                                                                                                   | Money                  for                  Securities Payments to be Held in Trust                         | 31     |
| SECTION                  604                                                                                                                                   | Corporate                  Existence                                                                        | 32     |
| SECTION                  605                                                                                                                                   | Maintenance                  of                  Properties                                                 | 32     |
| SECTION                  606                                                                                                                                   | Annual                  Officer's Certificate as to Compliance                                              | 32     |
| SECTION                  607                                                                                                                                   | Waiver                  of                  Certain Covenants                                               | 32     |
| SECTION                  608                                                                                                                                   | Limitation                  on                  Liens                                                       | 33     |
| SECTION                  609                                                                                                                                   | Limitation                  on                  Sale and Lease-Back Transactions                            | 35     |
|                                                                                                                                                           |                                                                                                        |   |
| Article                  Seven                  Satisfaction and Discharge                                                                                     | 35                                                                                                          |
|                                                                                                                                                           |                                                                                                        |   |
| SECTION                  701                                                                                                                                   | Satisfaction                  and Discharge of Securities                                                   | 35     |
| SECTION                  702                                                                                                                                   | Satisfaction                  and Discharge of Indenture                                                    | 38     |
| SECTION                  703                                                                                                                                   | Application                  of                  Trust Money                                                | 38     |
|                                                                                                                                                           |                                                                                                        |   |
| Article                  Eight                  Events of Default: Remedies                                                                                    | 39                                                                                                          |
|                                                                                                                                                           |                                                                                                        |   |
| SECTION                  801                                                                                                                                   | Events                  of                  Default                                                         | 39     |
| SECTION                  802                                                                                                                                   | Acceleration                  of Maturity; Rescission and Annulment                                         | 40     |
| SECTION                  803                                                                                                                                   | Collection                  of                  Indebtedness and Suite for Enforcement by Trustee           | 41     |
| SECTION                  804                                                                                                                                   | Trustee                  May                  File Proofs of Claim                                          | 42     |
| SECTION                  805                                                                                                                                   | Trustee                  May                  Enforce Claims Without Possession of Securities               | 42     |
| SECTION                  806                                                                                                                                   | Application                  of                  Money Collected                                            | 42     |
| SECTION                  807                                                                                                                                   | Limitation                  on                  Suits                                                       | 43     |
| SECTION                  808                                                                                                                                   | Unconditional                  Right of Holders to Receive Principal, Premium and                  Interest | 44     |
| SECTION                  809                                                                                                                                   | Restoration                  of                  Rights and Remedies                                        | 44     |
| SECTION                  810                                                                                                                                   | Rights                  and                  Remedies Cumulative                                            | 44     |
| SECTION                  811                                                                                                                                   | Delay                  or                  Omission Not Waiver                                              | 44     |
| SECTION                  812                                                                                                                                   | Control                  by                  Holders of Securities                                          | 44     |
| SECTION                  813                                                                                                                                   | Waiver                  of Past                  Defaults                                                   | 44     |
| SECTION                  814                                                                                                                                   | Undertaking                  for Costs                                                                      | 45     |
|                                                                                                                                                           |
| 1                  This                  table of                  contents shall not, for any purpose, be deemed to be part of the                  Indenture |                                                                                                        |

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| SECTION                  815                                                                    | Waiver                  of Stay                  or Extension Laws                                                                                             | 45     |
|-------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                            |                                                                                                                                                           |   |
| Article                  Nine                  The Trustee                                      | 45                                                                                                                                                             |
|                                                                                            |                                                                                                                                                           |   |
| SECTION                  901                                                                    | Certain                  Duties                  and Responsibilities                                                                                          | 45     |
| SECTION                  902                                                                    | Notice                  of                  Defaults                                                                                                           | 47     |
| SECTION                  903                                                                    | Certain                  Rights                  of Trustee                                                                                                    | 47     |
| SECTION                  904                                                                    | Not                  Responsible for Recitals or Issuance of Securities                                                                                        | 48     |
| SECTION                  905                                                                    | May                  Hold                  Securities                                                                                                          | 48     |
| SECTION                  906                                                                    | Money                  Held in                  Trust                                                                                                          | 48     |
| SECTION                  907                                                                    | Compensation                  and Reimbursement                                                                                                                | 48     |
| SECTION                  908                                                                    | Disqualification,                  Conflicting Interests                                                                                                       | 49     |
| SECTION                  909                                                                    | Corporate                  Trustee Required: Eligibility                                                                                                       | 50     |
| SECTION                  910                                                                    | Resignation                  and Removal; Appointment of Successor                                                                                             | 50     |
| SECTION                  911                                                                    | Acceptance                  of                  Appointment by Successor                                                                                       | 52     |
| SECTION                  912                                                                    | Merger,                  Conversion Consolidation or succession to Business                                                                                    | 53     |
| SECTION                  913                                                                    | Preferential                  Collection of Claims Against Company                                                                                             | 53     |
| SECTION                  914                                                                    | Co-trustees                  and Separate Trustees                                                                                                             | 45     |
| SECTION                  915                                                                    | Appointment                  of                  Authenticating Agent                                                                                          | 55     |
|                                                                                            |                                                                                                                                                           |   |
| Article                  Ten                  Holders' Lists and Reports by Trustee and Company | 57                                                                                                                                                             |
|                                                                                            |                                                                                                                                                           |   |
| SECTION                  1001                                                                   | Lists                  of                  Holders                                                                                                             | 57     |
| SECTION                  1002                                                                   | Reports                  by                  Trustee and Company                                                                                               | 57     |
|                                                                                            |                                                                                                                                                           |   |
| Article                  Twelve                  Supplemental Indentures                        | 58                                                                                                                                                             |
|                                                                                            |                                                                                                                                                           |   |
| SECTION                  1201                                                                   | Supplemental                  Indentures Without Consent of Holders                                                                                            | 58     |
| SECTION                  1202                                                                   | Supplemental                  Indentures With Consent of Holders                                                                                               | 60     |
| SECTION                  1203                                                                   | Execution                  of                  Supplemental Indentures                                                                                         | 61     |
| SECTION                  1204                                                                   | Effect                  of                  Supplemental Indentures                                                                                            | 61     |
| SECTION                  1205                                                                   | Conformity                  With Trust Indenture Act                                                                                                           | 61     |
| SECTION                  1206                                                                   | Reference                  in                  Securities to Supplemental Indentures                                                                           | 61     |
| SECTION                  1207                                                                   | Modification                  Without Supplemental Indenture                                                                                                   | 62     |
|                                                                                            |                                                                                                                                                           |   |
| Article                  Thirteen Meetings of Holders; Action Without Meeting                   |                                                                                                                                                           |
|                                                                                            |                                                                                                                                                           |   |
| SECTION                  1301                                                                   | Purposes                  for                  Which Meetings May be Called                                                                                    | 61     |
| SECTION                  1302                                                                   | Call,                  Notice                  and Place of Meetings                                                                                           | 61     |
| SECTION                  1303                                                                   | Persons                  Entitled to Vote at Meetings                                                                                                          | 63     |
| SECTION                  1304                                                                   | Quorum,                  Action                                                                                                                                | 63     |
| SECTION                  1305                                                                   | Attendance                  at                  Meetings, Determination of Voting Rights; Conduct andAdjournment                  of                  Meetings | 64     |
| SECTION                  1306                                                                   | Counting                  Votes                  and Recording Action of Meetings                                                                              | 65     |
| SECTION                  1307                                                                   | Action                  Without                  Meeting                                                                                                       | 65     |

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| Article                  Fourteen Immunity of Incorporators, Shareholders, Officers and                  Directors | 65                                          |
|--------------------------------------------------------------------------------------------------------------------|---------------------------------------------|
|                                                                                                               |                                        |   |
| SECTION                  1401                                                                                      | Liability                  Solely Corporate | 65 |
|                                                                                                               |

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| **THE                  TOLEDO EDISON COMPANY**                                                                                                           |
|----------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                     |
| Reconciliation                  and tie between Trust Indenture Act of 1939And                  Indenture,                  dated as of November 1, 2006 |
|                                                                                                                                                     |   |   |
|                                                                                                                                                     |   |   |
| SECTION                  310                                                                                                                             | (a)(1) | 909 |
|                                                                                                                                                     | (a)(2) | 909 |
|                                                                                                                                                     | (a)(3) | 914 |
|                                                                                                                                                     | (a)(4) | Not                  Applicable |
|                                                                                                                                                     | (b) | 908 |
|                                                                                                                                                     |   | 910 |
| SECTION                  311                                                                                                                             | (a) | 913 |
|                                                                                                                                                     | (b) | 913 |
|                                                                                                                                                     | (c) | 913 |
| SECTION                  312                                                                                                                             | (a) | 1001 |
|                                                                                                                                                     | (b) | 1001 |
|                                                                                                                                                     | (c) | 1001 |
| SECTION                  313                                                                                                                             | (a) | 1002 |
|                                                                                                                                                     | (b) | 1002 |
|                                                                                                                                                     | (c) | 1002 |
| SECTION                  314                                                                                                                             | (a) | 1002 |
|                                                                                                                                                     | (a)(4) | 606 |
|                                                                                                                                                     | (b) | Not                  Applicable |
|                                                                                                                                                     | (c)(1) | 102 |
|                                                                                                                                                     | (c)(2) | 102 |
|                                                                                                                                                     | (c)(3) | Not                  Applicable |
|                                                                                                                                                     | (d) | Not                  Applicable |
|                                                                                                                                                     | (e) | 102 |
| SECTION                  315                                                                                                                             | (a) | 901 |
|                                                                                                                                                     |   | 903 |
|                                                                                                                                                     | (b) | 902 |
|                                                                                                                                                     | (c) | 901 |
|                                                                                                                                                     | (d) | 901 |
|                                                                                                                                                     | (e) | 814 |
| SECTION                  316                                                                                                                             | (a) | 812 |
|                                                                                                                                                     |   | 813 |
|                                                                                                                                                     | (a)(1)(A) | 802 |
|                                                                                                                                                     |   | 812 |
|                                                                                                                                                     | (a)(1)(B) | 813 |
|                                                                                                                                                     | (a)(2) | Not                  Applicable |
|                                                                                                                                                     | (b) | 808 |
| SECTION                  317                                                                                                                             | (a)(1) | 803 |
|                                                                                                                                                     | (a)(2) | 804 |
|                                                                                                                                                     | (b) | 603 |
| SECTION                  318                                                                                                                             | (a) | 107 |
|                                                                                                                                                     |   |   |

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**INDENTURE**
**THE**
**TOLEDO      EDISON COMPANY**
**THE      BANK OF      NEW YORK TRUST COMPANY, N.A.**

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|   |  ____________________________________        as                Trustee |
|--------|---------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                |
|   |  By:              ______________________________________                                                       |
|   |        Authorized              Signatory                                              |
|   |                                                                                                                |

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|   |  _________________________________       As Trustee                                                                         |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                      |
|   |  By                  ___________________________________       As Authenticating                Agent             |
|   |                                                                                                                                                      |
|   |  By                  ___________________________________                      Authorized                Signatory |

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|   |  THE              TOLEDO EDISON COMPANY                                                                                                                                                                                                                                                                                                   |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |    By:                ___________________________________________                          Name: Randy Scilla                          Title: Assistant Treasurer                                                           |
|   |                                                                                                                                                                                                                                                                                                                                      |
|   | THE                BANK OF NEW YORK TRUST COMPANY, N.A.      as                Trustee                                                                                                                                                                                                                                |
|   |                                                                                                                                                                                                                                                                                                                                      |
|   |   By:                 ___________________________________________                               Name: Biagio Impala                                 Title: Vice President |
|   |                                                                                                                                                                                                                                                                                                                                           |

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