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
	1999		2000		2001		2002		2003		3/31/2004
Earnings:
Net Income Before Extraordinary Item and
Cumulative Effect of Accounting Change	$31,867		$27,450		$12,310		$(13,677	)	$55,663		$61,851
Plus Federal Income Taxes	4,187		5,315		16,760		2,806		31,425		30,822
Plus State Income Taxes	--		--		1,973		(1,363	)	3,851		2,495
Plus Provision for Deferred Income Taxes	12,025		9,401		(11,891	)	(12,275	)	(3,493	)	518
Plus Deferred Investment Tax Credits	(1,274	)	(1,271	)	(1,271	)	(1,271	)	(1,520	)	(1,479	)
Plus Fixed Charges (as below)	25,083		24,923		24,916		21,885		23,136		24,632
Total Earnings	$71,888		$65,818		$42,797		$(3,895	)	$109,062		$118,839
Fixed Charges:
Interest on Long-term Debt	$20,352		$18,017		$16,842		$17,174		$21,627		$22,902
Interest on Short-term Debt	4,731		6,503		7,563		4,051		790		1,011
Estimated Interest Element in Lease Rentals	--		403		511		660		719		719
Total Fixed Charges	$25,083		$24,923		$24,916		$21,885		$23,136		$24,632
Ratio of Earnings to Fixed Charges	2.86		2.64		1.71		(0.17	)	4.71		4.82

* 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.