Exhibit 12.01

OGE Energy Corp.
S E C Method of
Ratio of Earnings to Fixed Charges

	Year Ended Dec 31, 1999		Year Ended Dec 31, 2000		Year Ended Dec 31, 2001		Year Ended Dec 31, 2002		Year Ended Dec 31, 2003			9 Months Ended Sept. 30, 2004
Earnings:
Pre-tax income from continuing operations	$	226,165,760	$	205,901,058	$	146,764,324	$	125,499,559	$	209,238,801		$	214,796,514
Add Fixed Charges	105,347,270		139,931,555		132,199,580		115,552,863		102,194,363			73,674,982
Subtotal	331,513,030		345,832,613		278,963,904		241,052,422		311,433,164			288,471,496
Subtract:
Allowance for funds used during construction	719,576		2,229,277		707,822		905,189		538,624			1,177,554
Minority interest - NOARK	1,640,086		1,243,067		953,181		134,579		(1,376,897		)	(65,105		)
Total Earnings	329,153,368		342,360,269		277,302,901		240,012,654		312,271,437			287,359,047
Fixed Charges:
Long-term debt interest expense	64,084,862		118,720,004		115,481,869		103,492,446		92,489,615			68,518,279
Other interest expense	36,891,106		16,173,031		12,462,336		8,250,174		6,045,733			2,651,233
Calculated interest on leased property	4,371,302		5,038,520		4,255,375		3,810,243		3,659,015			2,505,470
Total Fixed Charges	$	105,347,270	$	139,931,555	$	132,199,580	$	115,552,863	$	102,194,363		$	73,674,982
Ratio of Earnings to Fixed Charges	3.12		2.45		2.10		2.08		3.06			3.90