| Exhibit      12(b)                                                                                                                                                                                                                                                   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| PPL      ENERGY SUPPLY, LLC AND SUBSIDIARIES COMPUTATION      OF RATIO OF EARNINGS TO FIXED CHARGES(Millions      of Dollars)                                                                                                                                   |
|                                                                                                                                                                                                                                                                 |
|                                                                                                                                                                                                                                                                 |   | 3      MonthsEndedMarch      31, |   | 12      Months Ended December      31, |
|                                                                                                                                                                                                                                                                 |   | 2008 |   | 2007 |   | 2006 |   | 2005 |   | 2004 |   | 2003 |
| Earnings,      as defined:                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      income (a)                                                                                                                                                                                                                                                  |   | $ | 199 |   |   | $ | 901 |   |   | $ | 678 |   |   | $ | 567 |   |   | $ | 641 |   |   | $ | 779 |   |
| Preferred      security dividend requirement                                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 5 |   |
| Less      undistributed income (loss)  of      equity method investments                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   | 4 |   |   |   | 2 |   |   |   |   |   |   |   |   |   |
| Income      taxes                                                                                                                                                                                                                                                    |   |   | 105 |   |   |   | 217 |   |   |   | 187 |   |   |   | 81 |   |   |   | 210 |   |   |   | 183 |   |
| 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) |   |   | 74 |   |   |   | 307 |   |   |   | 276 |   |   |   | 272 |   |   |   | 262 |   |   |   | 209 |   |
|                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      earnings                                                                                                                                                                                                                                                  |   | $ | 378 |   |   | $ | 1,425 |   |   | $ | 1,137 |   |   | $ | 918 |   |   | $ | 1,113 |   |   | $ | 1,176 |   |
|                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fixed      charges, as defined:                                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest      on long-term debt                                                                                                                                                                                                                                      |   | $ | 84 |   |   | $ | 353 |   |   | $ | 296 |   |   | $ | 259 |   |   | $ | 255 |   |   | $ | 149 |   |
| Interest      on short-term debt and  other      interest                                                                                                                                                                                                  |   |   | 4 |   |   |   | 24 |   |   |   | 16 |   |   |   | 26 |   |   |   | 23 |   |   |   | 25 |   |
| Amortization      of debt discount,  expense      and premium - net                                                                                                                                                                                        |   |   | 1 |   |   |   | (3 | ) |   |   | (1) |   |   |   | 7 |   |   |   | (6 | ) |   |   | 31 |   |
| Estimated      interest component of  operating      rentals                                                                                                                                                                                               |   |   | 3 |   |   |   | 14 |   |   |   | 15 |   |   |   | 15 |   |   |   | 17 |   |   |   | 31 |   |
| Preferred      securities distributions of  subsidiaries      on a pre-tax basis                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 8 |   |
|                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      fixed charges (b)                                                                                                                                                                                                                                         |   | $ | 92 |   |   | $ | 388 |   |   | $ | 326 |   |   | $ | 307 |   |   | $ | 289 |   |   | $ | 244 |   |
|                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio      of earnings to fixed charges                                                                                                                                                                                                                              |   |   | 4.1 |   |   |   | 3.7 |   |   |   | 3.5 |   |   |   | 3.0 |   |   |   | 3.9 |   |   |   | 4.8 |   |

| (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.                                                               |