**EXHIBIT
      12.4****Page
      1****THE
      TOLEDO EDISON
      COMPANY****CONSOLIDATED
      RATIO OF EARNINGS TO FIXED
      CHARGES****Year
      Ended December 31,****2002**
    
    **2003**
    
    **2004**
    
    **2005**
    
    **2006****(Dollars
      in thousands)****EARNINGS
      AS DEFINED IN REGULATION S-K:**Income before
      extraordinary items
    
    $
    (5,142
    )
    $
    19,930
    
    $
    86,283
    
    $
    76,164
    
    $
    99,404Interest and
      other charges, before reduction for amounts capitalized
    
    
    57,672
    
    
    42,126
    
    
    33,439
    
    
    21,489
    
    
    23,179Provision for
      income taxes
    
    
    (9,844
    )
    
    5,394
    
    
    52,350
    
    
    73,931
    
    
    59,869Interest
      element of rentals charged to income (a)
    
    
    87,174
    
    
    84,894
    
    
    82,879
    
    
    80,042
    
    
    77,158Earnings as
      defined
    
    $
    129,860
    
    $
    152,344
    
    $
    254,951
    
    $
    251,626
    
    $
    259,610**FIXED
      CHARGES AS DEFINED IN REGULATION S-K:**Interest on
      long-term debt
    
    $
    57,672
    
    $
    42,126
    
    $
    33,439
    
    $
    21,489
    
    $
    23,179Interest
      element of rentals charged to income (a)
    
    
    87,174
    
    
    84,894
    
    
    82,879
    
    
    80,042
    
    
    77,158Fixed charges
      as defined
    
    $
    144,846
    
    $
    127,020
    
    $
    116,318
    
    $
    101,531
    
    $
    100,337**CONSOLIDATED
      RATIO OF EARNINGS TO FIXED CHARGES**
    
    
    0.90
    
    
    1.20
    
    
    2.19
    
    
    2.48
    
    
    2.59(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
      12.4****Page
      2****THE
      TOLEDO EDISON
      COMPANY****CONSOLIDATED
      RATIO OF EARNINGS TO FIXED CHARGES
      PLUS****PREFERRED
      STOCK DIVIDEND REQUIREMENTS (PRE-INCOME TAX
      BASIS)****Year
      Ended December 31,****2002**
    
    **2003**
    
    **2004**
    
    **2005**
    
    **2006****(Dollars
      in thousands)****EARNINGS
      AS DEFINED IN REGULATION S-K:**Income before
      extraordinary items
    
    $
    (5,142
    )
    $
    19,930
    
    $
    86,283
    
    $
    76,164
    
    $
    99,404Interest and
      other charges, before reduction for amounts capitalized
    
    
    57,672
    
    
    42,126
    
    
    33,439
    
    
    21,489
    
    
    23,179Provision for
      income taxes
    
    
    (9,844
    )
    
    5,394
    
    
    52,350
    
    
    73,931
    
    
    59,869Interest
      element of rentals charged to income (a)
    
    
    87,174
    
    
    84,894
    
    
    82,879
    
    
    80,042
    
    
    77,158Earnings as
      defined
    
    $
    129,860
    
    $
    152,344
    
    $
    254,951
    
    $
    251,626
    
    $
    259,610**FIXED
      CHARGES AS DEFINED IN REGULATION S-K PLUS****PREFERRED
      STOCK DIVIDEND REQUIREMENTS****(PRE-INCOME
      TAX BASIS):**Interest on
      long-term debt
    
    $
    57,672
    
    $
    42,126
    
    $
    33,439
    
    $
    21,489
    
    $
    23,179Preferred
      stock dividend requirements
    
    
    10,756
    
    
    8,838
    
    
    8,844
    
    
    7,795
    
    
    9,409Adjustments to
      preferred stock dividendsto state on a
      pre-income tax basis
    
    
    4,146
    
    
    2,158
    
    
    5,366
    
    
    7,561
    
    
    5,667Interest
      element of rentals charged to income (a)
    
    
    87,174
    
    
    84,894
    
    
    82,879
    
    
    80,042
    
    
    77,158Fixed charges
      as defined plus preferred stockdividend
      requirements (pre-income tax basis)
    
    $
    159,748
    
    $
    138,016
    
    $
    130,528
    
    $
    116,887
    
    $
    115,413**CONSOLIDATED
      RATIO OF EARNINGS TO FIXED CHARGES****PLUS
      PREFERRED STOCK DIVIDEND REQUIREMENTS****(PRE-INCOME
      TAX BASIS)**
    
    
    0.81
    
    
    1.10
    
    
    1.95
    
    
    2.15
    
    
    2.25(a)Includes the
      interest element of rentals where determinable plus 1/3 of rental expense
      where no readily defined interest element can be
    determined.