| Exhibit                  12(b)                                                                                                                                                                                                                                                                                                                                                             |
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| **PPL                  ENERGY SUPPLY, LLC AND                  SUBSIDIARIES** **COMPUTATION                  OF RATIO OF EARNINGS                  TO FIXED CHARGES**(Millions                  of                  Dollars)                                                                                                                                                          |
|                                                                                                                                                                                                                                                                                                                                                                                       |
|                                                                                                                                                                                                                                                                                                                                                                                       |   | **9                  Months****Ended****September                  30,** |   | **12                  Months****Ended****December                  31,** |
|                                                                                                                                                                                                                                                                                                                                                                                       |   | **2007** |   | **2006** |   | **2005** |   | **2004** |   | **2003** |   | **2002** |
| Earnings,                  as                  defined:                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  income (a)                                                                                                                                                                                                                                                                                                                                                            |   | **$** | **703** |   |   | $ | 678 |   |   | $ | 567 |   |   | $ | 641 |   |   | $ | 779 |   |   | $ | 177 |   |
| Preferred                  security dividend                  requirement                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 5 |   |   |   | 9 |   |
| Less                  undistributed income                  (loss)  of                  equity method                  investments                                                                                                                                                                                                                                               |   |   |   |   |   |   | 4 |   |   |   | 2 |   |   |   |   |   |   |   |   |   |   |   | (8 | ) |
| Income                  taxes                                                                                                                                                                                                                                                                                                                                                              |   |   | **139** |   |   |   | 187 |   |   |   | 81 |   |   |   | 210 |   |   |   | 183 |   |   |   | 274 |   |
| Total                  fixed charges as                  below (excluding                  capitalized                  interest,                  preferred                  security                  distributions of subsidiaries                  on a pre-tax                  basis and interest                  expense related to                  discontinued operations) |   |   | **235** |   |   |   | 276 |   |   |   | 272 |   |   |   | 262 |   |   |   | 209 |   |   |   | 212 |   |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                  earnings                                                                                                                                                                                                                                                                                                                                                            |   | **$** | **1,077** |   |   | $ | 1,137 |   |   | $ | 918 |   |   | $ | 1,113 |   |   | $ | 1,176 |   |   | $ | 680 |   |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fixed                  charges, as                  defined:                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest                  on long-term                  debt                                                                                                                                                                                                                                                                                                                               |   | **$** | **265** |   |   | $ | 296 |   |   | $ | 259 |   |   | $ | 255 |   |   | $ | 149 |   |   | $ | 169 |   |
| Interest                  on short-term                  debt and other                  interest                                                                                                                                                                                                                                                                                     |   |   | **15** |   |   |   | 16 |   |   |   | 26 |   |   |   | 23 |   |   |   | 25 |   |   |   | 52 |   |
| Amortization                  of debt                  discount, expense                  and premium -                  net                                                                                                                                                                                                                                                          |   |   | **(2** | **)** |   |   | (1 | ) |   |   | 7 |   |   |   | (6 | ) |   |   | 31 |   |   |   | 9 |   |
| Estimated                  interest component                  of operating                  rentals                                                                                                                                                                                                                                                                                  |   |   | **13** |   |   |   | 15 |   |   |   | 15 |   |   |   | 17 |   |   |   | 31 |   |   |   | 21 |   |
| Preferred                  securities distributions                  of subsidiaries                  on a pre-tax                  basis                                                                                                                                                                                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 8 |   |   |   | 12 |   |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                  fixed charges (b)                                                                                                                                                                                                                                                                                                                                                   |   | **$** | **291** |   |   | $ | 326 |   |   | $ | 307 |   |   | $ | 289 |   |   | $ | 244 |   |   | $ | 263 |   |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio                  of earnings to fixed                  charges                                                                                                                                                                                                                                                                                                                       |   |   | **3.7** |   |   |   | 3.5 |   |   |   | 3.0 |   |   |   | 3.9 |   |   |   | 4.8 |   |   |   | 2.6 |   |

| (a) |   | Net                  income excludes minority interest, discontinued operations and the                  cumulative effects of changes in accounting principles. |
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| (b) |   | Interest                  on unrecognized tax benefits is not included in fixed                  charges.                                                             |