Tucson Electric Power Company
Computation of Ratio of Earnings to Fixed Charges
 6 Months Ended
    
    
    12 Months Ended
    
    
    12 Months EndedJune 30,
    
    
    June 30,
    
    
    Dec. 31,
    
    
    Dec. 31,
    
    
    Dec. 31,
    
    
    Dec. 31,
    
    
    Dec. 31,2009
    
    
    2009
    
    
    2008
    
    
    2007
    
    
    2006
    
    
    2005
    
    
    2004- Thousands of Dollars -Fixed Charges:Interest on Long-Term Debt
    
    $
    18,404
    
    
    $
    41,523
    
    
    $
    47,456
    
    
    $
    50,230
    
    
    $
    51,422
    
    
    $
    56,243
    
    
    $
    69,904Other Interest (1)
    
    
    683
    
    
    
    581
    
    
    
    1,367
    
    
    
    4,538
    
    
    
    6,436
    
    
    
    2,597
    
    
    
    1,263Interest on Capital Lease Obligations
    
    
    26,564
    
    
    
    55,161
    
    
    
    57,252
    
    
    
    64,477
    
    
    
    72,556
    
    
    
    79,064
    
    
    
    85,869Estimated Interest Portion of Rental Expense
    
    
    50
    
    
    
    115
    
    
    
    130
    
    
    
    160
    
    
    
    188
    
    
    
    216
    
    
    
    243Total Fixed Charges
    
    
    45,701
    
    
    
    97,380
    
    
    
    106,205
    
    
    
    119,405
    
    
    
    130,602
    
    
    
    138,120
    
    
    
    157,279Net Income
    
    
    25,953
    
    
    
    33,412
    
    
    
    4,363
    
    
    
    53,456
    
    
    
    66,745
    
    
    
    48,267
    
    
    
    46,127Less:Cumulative Effect of Accounting Change  Net of Tax
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (626
    )
    
    
    Net Income from Continuing Operations
    
    
    25,953
    
    
    
    33,412
    
    
    
    4,363
    
    
    
    53,456
    
    
    
    66,745
    
    
    
    48,893
    
    
    
    46,127Add (Deduct):Income from Equity Investees (2)
    
    
    (3,144
    )
    
    
    (3,144
    )
    
    
    (1,381
    )
    
    
    0
    
    
    
    (320
    )
    
    
    (314
    )
    
    
    (131
    )Income Taxes
    
    
    15,887
    
    
    
    27,285
    
    
    
    10,867
    
    
    
    35,542
    
    
    
    42,478
    
    
    
    33,907
    
    
    
    34,815Total Fixed Charges
    
    
    45,701
    
    
    
    97,380
    
    
    
    106,205
    
    
    
    119,405
    
    
    
    130,602
    
    
    
    138,120
    
    
    
    157,279Total Earnings before Taxes
and Fixed Charges
    
    
    84,397
    
    
    
    154,933
    
    
    $
    120,054
    
    
    $
    208,403
    
    
    $
    239,505
    
    
    $
    220,606
    
    
    $
    238,090Ratio of Earnings to Fixed Charges
    
    
    1.847
    
    
    
    1.591
    
    
    
    1.130
    
    
    
    1.745         1
    
    
    
    .834         1
    
    
    
    .597         1.
    
    
    
    514
 (1)
    
    Excludes recognition of Allowance for Borrowed Funds Used During Construction.(2)
    
    Includes Equity in Investment in Lease Equity and Inncom International, Inc. Income.