EXHIBIT 12.3
									Page 1
THE CLEVELAND ELECTRIC ILLUMINATING 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	$	136,952	$	197,033	$	236,531	$	231,059	$	306,051
Interest and other charges, before reduction for amounts capitalized		189,502		164,132		138,678		132,226		141,710
Provision for income taxes		84,938		131,285		138,856		153,014		188,662
Interest element of rentals charged to income (a)		51,170		49,761		49,375		47,643		45,955
Earnings as defined	$	462,562	$	542,211	$	563,440	$	563,942	$	682,378
FIXED CHARGES AS DEFINED IN REGULATION S-K:
Interest on long-term debt	$	180,602	$	159,632	$	138,678	$	132,226	$	141,710
Subsidiary's preferred stock dividend requirements		8,900		4,500		-		-		-
Interest element of rentals charged to income (a)		51,170		49,761		49,375		47,643		45,955
Fixed charges as defined	$	240,672	$	213,893	$	188,053	$	179,869	$	187,665
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES		1.92		2.53		3.00		3.14		3.64
(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 12.3
									Page 2
THE CLEVELAND ELECTRIC ILLUMINATING 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	$	136,952	$	197,033	$	236,531	$	231,059	$	306,051
Interest and other charges, before reduction for amounts capitalized		189,502		164,132		138,678		132,226		141,710
Provision for income taxes		84,938		131,285		138,856		153,014		188,662
Interest element of rentals charged to income (a)		51,170		49,761		49,375		47,643		45,955
Earnings as defined	$	462,562	$	542,211	$	563,440	$	563,942	$	682,378
FIXED CHARGES AS DEFINED IN REGULATION S-K PLUS
PREFERRED STOCK DIVIDEND REQUIREMENTS
(PRE-INCOME TAX BASIS):
Interest on long-term debt	$	180,602	$	159,632	$	138,678	$	132,226	$	141,710
Preferred stock dividend requirements		24,590		12,026		7,008		2,918		-
Adjustments to preferred stock dividends
to state on a pre-income tax basis		8,204		5,137		4,113		1,932		-
Interest element of rentals charged to income (a)		51,170		49,761		49,375		47,643		45,955
Fixed charges as defined plus preferred stock
dividend requirements (pre-income tax basis)	$	264,566	$	226,556	$	199,174	$	184,719	$	187,665
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
PLUS PREFERRED STOCK DIVIDEND REQUIREMENTS
(PRE-INCOME TAX BASIS)		1.75		2.39		2.83		3.05		3.64
(a)Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined.