Exhibit 35.3

COMPLIANCE STATEMENT

OF

THE TOLEDO EDISON COMPANY, AS SERVICER

The undersigned hereby certifies that he is the duly elected and acting Vice President and Treasurer of The Toledo Edison Company, as servicer (the “Servicer”) under the Phase-In-Recovery Property Servicing Agreement, dated as of June 20, 2013 (the “Servicing Agreement”), between the Servicer and TE Funding LLC, as Bond Issuer, and further certifies on behalf of the Servicer that:

1. A review of the activities of the Servicer and of its performance under the Servicing Agreement during the period that commenced January 1, 2014 and ended December 31, 2014 has been made under the supervision of the undersigned pursuant to Section 3.03 of the Servicing Agreement; and

2. To the undersigned’s knowledge, based on such review, the Servicer has fulfilled all of its obligations in all material respects under the Servicing Agreement throughout the period that commenced January 1, 2014 and ended December 31, 2014.

Executed as of this 31^st day of March 2015.

THE TOLEDO EDISON COMPANY
By:	/s/ Steven R. Staub
Name:	Steven R. Staub
Title:	Vice President and Treasurer