**EXHIBIT
12.8**
 **Page
1**
 
 **PENNSYLVANIA
ELECTRIC COMPANY**
 
 **CONSOLIDATED
RATIO OF EARNINGS TO FIXED CHARGES**
  **Year
      Ended**
      **December
      31,**
    
    **Jan.
      1-**
    
    **Nov.
      7-**
    
    **Year
      Ended December 31,****2000**
    
    **Nov.
      6, 2001**
    
    **Dec.
      31, 2001**
    
    **2002**
    
    **2003**
    
    **2004*****(Dollars
      in thousands)*****EARNINGS
      AS DEFINED IN REGULATION S-K:**Income before
      extraordinary items
    
    $
    39,250
    
    $
    23,718
    
    $
    10,795
    
    $
    50,910
    
    $
    20,237
    
    $
    36,030Interest and
      other charges, before reduction for
      amounts
      capitalized
    
    
    48,544
    
    
    40,998
    
    
    7,052
    
    
    42,373
    
    
    37,660
    
    
    40,022Provision for
      income taxes
    
    
    29,754
    
    
    19,402
    
    
    8,231
    
    
    34,248
    
    
    24,836
    
    
    30,001Interest
      element of rentals charged to income(a)
    
    
    3,020
    
    
    891
    
    
    311
    
    
    1,849
    
    
    3,076
    
    
    3,016Earnings as
      defined
    
    $
    120,568
    
    $
    85,009
    
    $
    26,389
    
    $
    129,380
    
    $
    85,809
    
    $
    109,069**FIXED
      CHARGES AS DEFINED IN REGULATION S-K:**Interest on
      long-term debt
    
    $
    29,964
    
    $
    28,751
    
    $
    3,972
    
    $
    31,758
    
    $
    29,565
    
    $
    30,029Other
      interest expense
    
    
    11,546
    
    
    6,008
    
    
    1,979
    
    
    3,061
    
    
    4,318
    
    
    9,993Subsidiary's
      preferred stock dividend requirements
    
    
    7,034
    
    
    6,239
    
    
    1,101
    
    
    7,554
    
    
    3,777
    
    
    --Interest
      element of rentals charged to income (a)
    
    
    3,020
    
    
    891
    
    
    311
    
    
    1,849
    
    
    3,076
    
    
    3,016Fixed charges
      as defined
    
    $
    51,564
    
    $
    41,889
    
    $
    7,363
    
    $
    44,222
    
    $
    40,736
    
    $
    43,038**CONSOLIDATED
      RATIO OF EARNINGS TO FIXED**
      **CHARGES**
    
    
    2.34
    
    
    2.03
    
    
    3.58
    
    
    2.93
    
    
    2.11
    
    
    2.53
  __________________
 
 (a)  Includes the
interest element of rentals where determinable plus 1/3 of rental expense where
no readily defined interest element can be determined.
  
  **EXHIBIT
12.8**
 **Page
2**
 **PENNSYLVANIA
ELECTRIC COMPANY**
 
 **CONSOLIDATED
RATIO OF EARNINGS TO FIXED CHARGES PLUS**
 **PREFERRED
STOCK DIVIDEND REQUIREMENTS (PRE-INCOME TAX BASIS)**
  **Year
      Ended****December
      31,**
    
    **Jan.
      1-**
    
    **Nov.
      7-**
    
    **Year
      Ended December 31,****2000**
    
    **Nov.
      6, 2001**
    
    **Dec.
      31, 2001**
    
    **2002**
    
    **2003**
    
    **2004*****(Dollars
      in thousands)*****EARNINGS
      AS DEFINED IN REGULATION S-K:**Income before
      extraordinary items
    
    $
    39,250
    
    $
    23,718
    
    $
    10,795
    
    $
    50,910
    
    $
    20,237
    
    $
    36,030Interest and
      other charges, before reduction foramounts
      capitalized
    
    
    48,544
    
    
    40,998
    
    
    7,052
    
    
    42,373
    
    
    37,660
    
    
    40,022Provision for
      income taxes
    
    
    29,754
    
    
    19,402
    
    
    8,231
    
    
    34,248
    
    
    24,836
    
    
    30,001Interest
      element of rentals charged to income (a)
    
    
    3,020
    
    
    891
    
    
    311
    
    
    1,849
    
    
    3,076
    
    
    3,016Earnings as
      defined
    
    $
    120,568
    
    $
    85,009
    
    $
    26,389
    
    $
    129,380
    
    $
    85,809
    
    $
    109,069**FIXED
      CHARGES AS DEFINED IN REGULATION S-K PLUS****PREFERRED
      STOCK DIVIDEND REQUIREMENTS****(PRE-INCOME
      TAX BASIS):**Interest on
      long-term debt
    
    $
    29,964
    
    $
    28,751
    
    $
    3,972
    
    $
    31,758
    
    $
    29,565
    
    $
    30,029Other
      interest expense
    
    
    11,546
    
    
    6,008
    
    
    1,979
    
    
    3,061
    
    
    4,318
    
    
    9,993Preferred
      stock dividend requirements
    
    
    7,034
    
    
    6,239
    
    
    1,101
    
    
    7,554
    
    
    3,777
    
    
    --Adjustments
      to preferred stock dividends to state on apre-income
      tax basis
    
    
    --
    
    
    --
    
    
    --
    
    
    --
    
    
    --
    
    
    --Interest
      element of rentals charged to income (a)
    
    
    3,020
    
    
    891
    
    
    311
    
    
    1,849
    
    
    3,076
    
    
    3,016Fixed charges
      as defined plus preferred stockdividend
      requirements (pre-income tax basis)
    
    $
    51,564
    
    $
    41,889
    
    $
    7,363
    
    $
    44,222
    
    $
    40,736
    
    $
    43,038**CONSOLIDATED
      RATIO OF EARNINGS TO FIXED CHARGES****PLUS
      PREFERRED STOCK DIVIDEND REQUIREMENTS**(**PRE-INCOME
      TAX BASIS)**
    
    
    2.34
    
    
    2.03
    
    
    3.58
    
    
    2.93
    
    
    2.11
    
    
    2.53
  
 ____________________
 
 (a)  Includes the
interest element of rentals where determinable plus 1/3 of rental expense where
no readily defined interest element can be determined.