Exhibit 12(a)

ENERGY FUTURE HOLDINGS CORP.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES,

AND RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERENCE DIVIDENDS

	Successor			Predecessor
	Period from October 11, 2007 through December 31, 2007			Period from January 1, 2007 through October 10, 2007		Year Ended December 31,
						2006		2005		2004		2003
EARNINGS:
Income (loss) from continuing operations before extraordinary gain/(loss) and cumulative effect of changes in accounting principles	$	(1,361	)	$	699	$	2,465	$	1,775	$	81	$	566
Add:     Total federal income tax              expense (benefit)		(673	)		309		1,263		632		42		252
Fixed charges (see detail below)		905			777		907		856		761		859
Preferred dividends of subsidiaries		—			—		—		3		2		5
Total earnings (loss)	$	(1,129	)	$	1,785	$	4,635	$	3,266	$	886	$	1,682
FIXED CHARGES:
Interest expense	$	899		$	750	$	877	$	817	$	705	$	791
Rentals representative of the interest factor		6			27		30		39		56		68
Fixed charges deducted from earnings		905			777		907		856		761		859
Preferred dividends of subsidiaries (pretax) (a)		—			—		—		4		3		7
Total fixed charges		905			777		907		860		764		866
Preference dividends of registrant (pretax) (a)		—			—		—		14		33		32
Fixed charges and preference dividends	$	905		$	777	$	907	$	874	$	797	$	898
RATIO OF EARNINGS TO FIXED CHARGES (b)		—			2.30		5.11		3.80		1.16		1.94
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERENCE DIVIDENDS (b)		—			2.30		5.11		3.74		1.11		1.87

(a) Preferred/preference dividends multiplied by the ratio of pretax income to net income.

(b) For the period from October 11, 2007 through December 31, 2007, fixed charges and combined fixed charges and preference dividends exceeded earnings by $2.034 billion.