| Exhibit                12(b)                                                                                                                                                                                                                                                                                           |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **PPL                ENERGY SUPPLY, LLC AND SUBSIDIARIES** **COMPUTATION                OF RATIO OF EARNINGS TO FIXED CHARGES**(Millions                of Dollars)                                                                                                                                               |
|                                                                                                                                                                                                                                                                                                                   |
|                                                                                                                                                                                                                                                                                                                   |   | **6                Months****Ended****June                30,** |   | **12                Months****Ended****December                31,** |
|                                                                                                                                                                                                                                                                                                                   |   | **2007** |   | **2006** |   | **2005** |   | **2004** |   | **2003** |   | **2002** |
| Earnings,                as defined:                                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                income (a)                                                                                                                                                                                                                                                                                          |   | **$** | **392** |   |   | $ | 678 |   |   | $ | 567 |   |   | $ | 641 |   |   | $ | 779 |   |   | $ | 177 |   |
| Preferred                security dividend requirement                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 5 |   |   |   | 9 |   |
| Less                undistributed income (loss)  of                equity method investments                                                                                                                                                                                                                 |   |   |   |   |   |   | 4 |   |   |   | 2 |   |   |   |   |   |   |   |   |   |   |   | (8 | ) |
| Income                taxes                                                                                                                                                                                                                                                                                            |   |   | **67** |   |   |   | 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) |   |   | **154** |   |   |   | 276 |   |   |   | 272 |   |   |   | 262 |   |   |   | 209 |   |   |   | 212 |   |
|                                                                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                earnings                                                                                                                                                                                                                                                                                          |   | **$** | **613** |   |   | $ | 1,137 |   |   | $ | 918 |   |   | $ | 1,113 |   |   | $ | 1,176 |   |   | $ | 680 |   |
|                                                                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fixed                charges, as defined:                                                                                                                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest                on long-term debt                                                                                                                                                                                                                                                                              |   | **$** | **161** |   |   | $ | 296 |   |   | $ | 259 |   |   | $ | 255 |   |   | $ | 149 |   |   | $ | 169 |   |
| Interest                on short-term debt and  other                interest                                                                                                                                                                                                                                |   |   | **10** |   |   |   | 16 |   |   |   | 26 |   |   |   | 23 |   |   |   | 25 |   |   |   | 52 |   |
| Amortization                of debt discount,  expense                and premium - net                                                                                                                                                                                                                      |   |   | **(1** | **)** |   |   | (1 | ) |   |   | 7 |   |   |   | (6 | ) |   |   | 31 |   |   |   | 9 |   |
| Estimated                interest component of  operating                rentals                                                                                                                                                                                                                             |   |   | **5** |   |   |   | 15 |   |   |   | 15 |   |   |   | 17 |   |   |   | 31 |   |   |   | 21 |   |
| Preferred                securities distributions of  subsidiaries                on a pre-tax basis                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 8 |   |   |   | 12 |   |
|                                                                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                fixed charges (b)                                                                                                                                                                                                                                                                                 |   | **$** | **175** |   |   | $ | 326 |   |   | $ | 307 |   |   | $ | 289 |   |   | $ | 244 |   |   | $ | 263 |   |
|                                                                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio                of earnings to fixed charges                                                                                                                                                                                                                                                                      |   |   | **3.5** |   |   |   | 3.5 |   |   |   | 3.0 |   |   |   | 3.9 |   |   |   | 4.8 |   |   |   | 2.6 |   |

| (a) |   | Net                income excludes minority interest, income (loss) from 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.                                                                                          |