**EXHIBIT      12.4**

**Page      1**

**THE      TOLEDO      EDISON COMPANY**

**CONSOLIDATED      RATIO OF EARNINGS TO FIXED CHARGES**

|                                                                                                             |   | **Year                Ended December 31,**  |    |
|------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------|---------|
|                                                                                                             |   | **2001**                                    |    | **2002** |   | **2003** |   | **2004** |   | **2005** |   |
|                                                                                                             |   | ***(Dollars                in thousands)*** |    |
| **EARNINGS                AS DEFINED IN REGULATION S-K:**                                                        |   |                                        |    |   |   |   |   |   |   |   |   |
| Income                before                extraordinary items                                                  |   | $                                           | 42,691  |   | $ | (5,142 | ) | $ | 19,930 |   | $ | 86,283 |   | $ | 76,220 |   |
| Interest                and                other charges, before reduction foramounts                capitalized |   |                                        | 62,773  |   |   | 57,672 |   |   | 42,126 |   |   | 33,439 |   |   | 21,489 |   |
| Provision                for                income taxes                                                         |   |                                        | 26,362  |   |   | (9,844 | ) |   | 5,394 |   |   | 52,350 |   |   | 73,931 |   |
| Interest                element of rentals charged to income (a)                                                 |   |                                        | 92,108  |   |   | 87,174 |   |   | 84,894 |   |   | 82,879 |   |   | 80,042 |   |
| Earnings                as                defined                                                                |   | $                                           | 223,934 |   | $ | 129,860 |   | $ | 152,344 |   | $ | 254,951 |   | $ | 251,682 |   |
|                                                                                                             |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| **FIXED                CHARGES AS DEFINED IN REGULATION S-K:**                                                   |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| Interest                expense                                                                                  |   | $                                           | 62,773  |   | $ | 57,672 |   | $ | 42,126 |   | $ | 33,439 |   | $ | 21,489 |   |
| Interest                element of rentals charged to income (a)                                                 |   |                                        | 92,108  |   |   | 87,174 |   |   | 84,894 |   |   | 82,879 |   |   | 80,042 |   |
| Fixed                charges                as defined                                                           |   | $                                           | 154,881 |   | $ | 144,846 |   | $ | 127,020 |   | $ | 116,318 |   | $ | 101,531 |   |
|                                                                                                             |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| **CONSOLIDATED                RATIO OF EARNINGS TO FIXED****CHARGES**                                            |   |                                        | 1.45    |   |   | 0.90 |   |   | 1.20 |   |   | 2.19 |   |   | 2.48 |   |

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**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,**  |    |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------|---------|
|                                                                                                                                                                     |   | **2001**                                    |    | **2002** |   | **2003** |   | **2004** |   | **2005** |   |
|                                                                                                                                                                     |   | ***(Dollars                in thousands)*** |    |
| **EARNINGS                AS DEFINED IN REGULATION S-K:**                                                                                                                |   |                                        |    |   |   |   |   |   |   |   |   |
| Income                before                extraordinary items                                                                                                          |   | $                                           | 42,691  |   | $ | (5,142 | ) | $ | 19,930 |   | $ | 86,283 |   | $ | 76,220 |   |
| Interest                and                other charges, before reduction for amounts capitalized                                                                       |   |                                        | 62,773  |   |   | 57,672 |   |   | 42,126 |   |   | 33,439 |   |   | 21,489 |   |
| Provision                for                income taxes                                                                                                                 |   |                                        | 26,362  |   |   | (9,844 | ) |   | 5,394 |   |   | 52,350 |   |   | 73,931 |   |
| Interest                element of rentals charged to income (a)                                                                                                         |   |                                        | 92,108  |   |   | 87,174 |   |   | 84,894 |   |   | 82,879 |   |   | 80,042 |   |
| Earnings                as                defined                                                                                                                        |   | $                                           | 223,934 |   | $ | 129,860 |   | $ | 152,344 |   | $ | 254,951 |   | $ | 251,682 |   |
|                                                                                                                                                                     |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| **FIXED                CHARGES AS DEFINED IN REGULATION S-K PLUS PREFERRED****STOCK                DIVIDEND REQUIREMENTS****(PRE-INCOME                TAX BASIS):**     |
| Interest                expense                                                                                                                                          |   | $                                           | 62,773  |   | $ | 57,672 |   | $ | 42,126 |   | $ | 33,439 |   | $ | 21,489 |   |
| Preferred                stock dividend requirements                                                                                                                     |   |                                        | 16,135  |   |   | 10,756 |   |   | 8,838 |   |   | 8,844 |   |   | 7,795 |   |
| Adjustments                to                preferred stock dividends                                                                                                   |   |                                        |         |   |   |  |   |   |  |   |   |  |   |   |   |   |
| to                state on a                pre-income tax basis                                                                                                         |   |                                        | 10,167  |   |   | 4,146 |   |   | 2,158 |   |   | 5,366 |   |   | 7,561 |   |
| Interest                element of rentals charged to income (a)                                                                                                         |   |                                        | 92,108  |   |   | 87,174 |   |   | 84,894 |   |   | 82,879 |   |   | 80,042 |   |
| Fixed                charges                as defined plus preferred stockdividend                requirements (pre-income tax basis)                                   |   | $                                           | 181,183 |   | $ | 159,748 |   | $ | 138,016 |   | $ | 130,528 |   | $ | 116,887 |   |
| **CONSOLIDATED                RATIO OF EARNINGS TO FIXED CHARGES PLUS****PREFERRED                STOCK DIVIDEND REQUIREMENTS****(PRE-INCOME                TAX BASIS)** |   |                                        | 1.24    |   |   | 0.81 |   |   | 1.10 |   |   | 1.95 |   |   | 2.15 |   |

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