| Exhibit                12(b)                                                                                                                                                                                           |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **PPL                ENERGY SUPPLY, LLC AND SUBSIDIARIES** **COMPUTATION                OF RATIO OF EARNINGS TO FIXED CHARGES**(Millions                of Dollars)                                               |
|                                                                                                                                                                                                                   |
|                                                                                                                                                                                                                   |   | **12                Months****Ended****March                31,** |   | **12                Months****Ended****December                31,** |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                   |   | **2006** |   | **2005** |   | **2004** |   | **2003** |   | **2002** |   | **2001** |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fixed                charges, as defined:                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest                on long-term debt                                                                                                                                                                              |   | **$** | **261** |   |   | $ | 259 |   |   | $ | 255 |   |   | $ | 149 |   |   | $ | 169 |   |   | $ | 36 |   |
| Interest                on short-term debt and  other                interest                                                                                                                                |   |   | **20** |   |   |   | 26 |   |   |   | 23 |   |   |   | 25 |   |   |   | 52 |   |   |   | 33 |   |
| Amortization                of debt discount,  expense                and premium - net                                                                                                                      |   |   | **6** |   |   |   | 7 |   |   |   | (6 | ) |   |   | 31 |   |   |   | 9 |   |   |   | 2 |   |
| Estimated                interest component of  operating                rentals                                                                                                                             |   |   | **15** |   |   |   | 15 |   |   |   | 17 |   |   |   | 31 |   |   |   | 21 |   |   |   | 19 |   |
| Preferred                securities distributions of  subsidiaries                on a pre-tax basis                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 8 |   |   |   | 12 |   |   |   |   |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                fixed charges                                                                                                                                                                                     |   | **$** | **302** |   |   | $ | 307 |   |   | $ | 289 |   |   | $ | 244 |   |   | $ | 263 |   |   | $ | 90 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Earnings,                as defined:                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                income (a)                                                                                                                                                                                          |   | **$** | **681** |   |   | $ | 608 |   |   | $ | 673 |   |   | $ | 733 |   |   | $ | 515 |   |   | $ | 168 |   |
| Preferred                security dividend requirement                                                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 5 |   |   |   | 8 |   |   |   |   |   |
| Less                undistributed income (loss)  of                equity method investments                                                                                                                 |   |   | **(15** | **)** |   |   | (14 | ) |   |   | (13 | ) |   |   | (15 | ) |   |   | (22 | ) |   |   | 20 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                   |   |   | **696** |   |   |   | 622 |   |   |   | 686 |   |   |   | 753 |   |   |   | 545 |   |   |   | 148 |   |
| Add:                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income                taxes                                                                                                                                                                                            |   |   | **116** |   |   |   | 75 |   |   |   | 207 |   |   |   | 194 |   |   |   | 270 |   |   |   | 274 |   |
| Total                fixed charges as above (excluding   capitalized                interest and preferred security   distributions                of subsidiaries on a pre-tax   basis) |   |   | **291** |   |   |   | 299 |   |   |   | 285 |   |   |   | 230 |   |   |   | 231 |   |   |   | 66 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                earnings                                                                                                                                                                                          |   | **$** | **1,103** |   |   | $ | 996 |   |   | $ | 1,178 |   |   | $ | 1,177 |   |   | $ | 1,046 |   |   | $ | 488 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio                of earnings to fixed charges                                                                                                                                                                      |   |   | **3.7** |   |   |   | 3.2 |   |   |   | 4.1 |   |   |   | 4.8 |   |   |   | 4.0 |   |   |   | 5.4 |   |

| (a) |   | Net                income excludes minority interest, loss from discontinued operations                and                the cumulative effects of changes in accounting                principles. |
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