EXHIBIT 12.2



DUQUESNE LIGHT COMPANY AND SUBSIDIARIES



Calculation of Ratio of Earnings to Fixed Charges and Preferred and Preference Stock Dividend Requirements



|                                                                                            |  |                             |      |                         |   |       |  |      |       |      |   |       |  |   |       |  |   |      
|------------------------------------------------------------------------------------------- |  | --------------------------- | ---- | ----------------------- | - | ----- |  | ---- | ----- | ---- | - | ----- |  | - | ----- |  | - | -----
|                                                                                            |  | (Millions of Dollars)      
|                                                                                            |  | Three Months EndedMarch 31, |      | Year Ended December 31,
|                                                                                            |  | 2005                        |      | 2004                    |   | 2003  |  | 2002 |       | 2001 |   | 2000 
|Fixed Charges:                                                                              |  |                             |      |                         |   |       |  |      |       |      |   |       |  |   |       |  |   |      
|Interest on long-term debt                                                                  |  | $                           | 12.2 |                         | $ | 45.6  |  | $    | 53.1  |      | $ | 55.2  |  | $ | 62.3  |  | $ | 73.5 
|Other interest                                                                              |  |                             | 0.4  |                         |   | 1.4   |  |      | 1.5   |      |   | 2.2   |  |   | 0.7   |  |   | 3.1  
|Company obligated mandatorily redeemable preferred securities dividend requirement (a)      |  |                             |     |                         |   |      |  |      | 6.3   |      |   | 12.6  |  |   | 12.6  |  |   | 12.6 
|Portion of lease payments representing an interest factor                                   |  |                             | 0.5  |                         |   | 2.5   |  |      | 3.9   |      |   | 1.9   |  |   | 3.1   |  |   | 6.8  
|Dividend requirements                                                                       |  |                             | 2.0  |                         |   | 6.6   |  |      | 3.2   |      |   | 3.3   |  |   | 3.4   |  |   | 3.4  
|                                                                                            |  |                             |      |                         |   |       |  |      |       |      |   |       |  |   |       |  |   |      
|Total Fixed Charges                                                                         |  | $                           | 15.1 |                         | $ | 56.1  |  | $    | 68.0  |      | $ | 75.2  |  | $ | 82.1  |  | $ | 99.4 
|                                                                                            |  |                             |      |                         |   |       |  |      |       |      |   |       |  |   |       |  |   |      
|Earnings:                                                                                   |  |                             |      |                         |   |       |  |      |       |      |   |       |  |   |       |  |   |      
|Net income                                                                                  |  | $                           | 21.9 |                         | $ | 67.8  |  | $    | 69.6  |      | $ | 75.4  |  | $ | 53.4  |  | $ | 92.6 
|Income tax expense                                                                          |  |                             | 14.1 |                         |   | 44.3  |  |      | 45.4  |      |   | 48.9  |  |   | 30.8  |  |   | 40.5 
|Fixed charges as above                                                                      |  |                             | 15.1 |                         |   | 56.1  |  |      | 68.0  |      |   | 75.2  |  |   | 82.1  |  |   | 99.4 
|                                                                                            |  |                             |      |                         |   |       |  |      |       |      |   |       |  |   |       |  |   |      
|Total Earnings                                                                              |  | $                           | 51.1 |                         | $ | 168.2 |  | $    | 183.0 |      | $ | 199.5 |  | $ | 166.3 |  | $ | 232.5
|                                                                                            |  |                             |      |                         |   |       |  |      |       |      |   |       |  |   |       |  |   |      
|Ratio Of Earnings To Fixed Charges and Preferred and Preference Stock Dividend Requirements |  |                             | 3.38 |                         |   | 3.00  |  |      | 2.69  |      |   | 2.65  |  |   | 2.03  |  |   | 2.34 
|                                                                                            |  |                             |      |                         |   |       |  |      |       |      |   |       |  |   |       |  |   |      

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|(a) | From July 1, 2003 until their redemption in 2004, dividends on the monthly income preferred securities were included with interest on long-term debt due to the adoption of SFAS No.
150.
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