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		9/30/2004
Fixed Charges:
Interest on Long-term Debt	$20,352		$18,017		$16,842		$17,174		$21,627		$22,138
Interest on Short-term Debt	4,731		6,503		7,563		4,051		790		890
Estimated Interest Element in Lease Rentals	-		403		511		660		719		719
Total Fixed Charges	$25,083		$24,923		$24,916		$21,885		$23,136		$23,747
Earnings:
Net Income Before Extraordinary Item and
Cumulative Effect of Accounting Change	$31,867		$27,450		$12,310		$(13,677	)	$55,663		$51,330
Plus Federal Income Taxes	4,187		5,315		16,760		2,806		31,425		30,130
Plus State Income Taxes	-		-		1,973		(1,363	)	3,851		1,442
Plus Provision for Deferred Income Taxes	12,025		9,401		(11,891	)	(12,275	)	(3,493	)	(5,705	)
Plus Deferred Investment Tax Credits	(1,274	)	(1,271	)	(1,271	)	(1,271	)	(1,520	)	(1,354	)
Plus Fixed Charges (as below)	25,083		24,923		24,916		21,885		23,136		23,747
Total Earnings	$71,888		$65,818		$42,797		$(3,895	)	$109,062		$99,590
Ratio of Earnings to Fixed Charges	2.86		2.64		1.71		(0.17	)	4.71		4.19

* 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 effect on the ratio.

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