Exhibit
      12(b)**PPL
      ENERGY SUPPLY, LLC AND SUBSIDIARIES**
      
      **COMPUTATION
      OF RATIO OF EARNINGS TO FIXED CHARGES**
      (Millions
      of Dollars)**12
      Months**
      **Ended**
      **September
      30,**
    
    **12
      Months**
      **Ended**
      **December
      31,****2005**
    
    **2004
      (b)**
    
    **2003
      (b)**
    
    **2002
      (b)**
    
    **2001**
    
    **2000**Fixed
      charges, as defined:Interest
      on long-term debt
    
    **$**
    **260**
    
    
    $
    255
    
    
    $
    149
    
    
    $
    169
    
    
    $
    36
    
    
    $
    54Interest
      on short-term debt and
      other
      interest
    
    
    **31**
    
    
    
    23
    
    
    
    25
    
    
    
    52
    
    
    
    33
    
    
    
    75Amortization
      of debt discount,
      expense
      and premium - net
    
    
    **4**
    
    
    
    (6
    )
    
    
    31
    
    
    
    9
    
    
    
    2
    
    
    
    11Estimated
      interest component of
      operating
      rentals
    
    
    **15**
    
    
    
    17
    
    
    
    31
    
    
    
    21
    
    
    
    19
    
    
    
    9Preferred
      securities distributions of
      subsidiaries
      on a pre-tax basis
    
    
    
    
    
    
    
    
    
    
    8
    
    
    
    12Total
      fixed charges
    
    **$**
    **310**
    
    
    $
    289
    
    
    $
    244
    
    
    $
    263
    
    
    $
    90
    
    
    $
    149Earnings,
      as defined:Net
      income (a)
    
    **$**
    **635**
    
    
    $
    673
    
    
    $
    733
    
    
    $
    515
    
    
    $
    168
    
    
    $
    246Preferred
      security dividend requirement
    
    
    
    
    
    
    
    
    
    
    5
    
    
    
    8Less
      undistributed income (loss)
      of
      equity method investments
    
    
    **(13**
    **)**
    
    
    (13
    )
    
    
    (15
    )
    
    
    (22
    )
    
    
    20
    
    
    
    74**648**
    
    
    
    686
    
    
    
    753
    
    
    
    545
    
    
    
    148
    
    
    
    172Add:Income
      taxes
    
    
    **119**
    
    
    
    207
    
    
    
    194
    
    
    
    270
    
    
    
    274
    
    
    
    125Total
      fixed charges as above
      (excluding
      capitalized interest
      and
      preferred security distributions of
      subsidiaries
      on a pre-tax basis)
    
    
    **304**
    
    
    
    285
    
    
    
    230
    
    
    
    231
    
    
    
    66
    
    
    
    135Total
      earnings
    
    **$**
    **1,071**
    
    
    $
    1,178
    
    
    $
    1,177
    
    
    $
    1,046
    
    
    $
    488
    
    
    $
    432Ratio
      of earnings to fixed charges
    
    
    **3.5**
    
    
    
    4.1
    
    
    
    4.8
    
    
    
    4.0
    
    
    
    5.4
    
    
    
    2.9
 
 (a)
    
    Net
      income excludes minority interest, loss from discontinued operations and
      the cumulative effects of changes in accounting
  principles.(b)
    
    Certain
      line items have been revised due to the May 2005 sale of the Sundance
      plant and the related reclassification of prior period operating losses to
      "Loss from Discontinued Operations."