EXHIBIT 12

AEP TEXAS NORTH COMPANY
Computation of Ratios of Earnings to Fixed Charges
(in thousands except ratio data)

	Year Ended December 31,										Twelve Months Ended
	1998		1999		2000		2001		2002		9/30/03
Earnings:
Net Income Before Extraordinary Item and
Cumulative Effect of Accounting Change	$37,725		$31,867		$27,450		$12,310		$(13,677	)	$27,883
Plus Federal Income Taxes	28,088		4,187		5,315		16,760		2,806		10,041
Plus State Income Taxes	--		--		--		1,973		(1,363	)	2,773
Plus Provision for Deferred Income Taxes	(6,626	)	12,025		9,401		(11,891	)	(12,275	)	2,095
Plus Deferred Investment Tax Credits	(1,321	)	(1,274	)	(1,271	)	(1,271	)	(1,271	)	(1,458	)
Plus Fixed Charges (as below)	24,932		25,083		24,923		24,916		21,885		22,194
Total Earnings	$82,798		$71,888		$65,818		$42,797		$(3,895	)	$63,528
Fixed Charges:
Interest on Long-term Debt	$20,352		$20,352		$18,017		$16,842		$17,174		$19,287	*
Interest on Short-term Debt	4,580		4,731		6,503		7,563		4,051		2,247	*
Estimated Interest Element in Lease Rentals	--		--		403		511		660		660
Total Fixed Charges	$24,932		$25,083		$24,923		$24,916		$21,885		$22,194
Ratio of Earnings to Fixed Charges	3.32		2.86		2.64		1.71		(0.17	)	2.86

* Certain amounts have been reclassified between interest on short-term and long-term debt compared to periods prior to January 1, 2002. This reclassification had no affect on the ratio.

For the year ended December 31, 2002, the Earnings to cover Fixed Charges was deficient by $25,780,000.