Exhibit 12(b)

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|-------------------------------------- | -------------------------------------------------------------------------------------------------- | --------------------------------------------------- | ------------------- | ---- | ------------- | ---- | ------------ | ---- | -------- | ---- | -------- | --- | --------
|                                       |                                                                                                    | PPL ELECTRIC UTILITIES CORPORATION AND SUBSIDIARIES
|                                       |                                                                                                    |                                                     |                     |      |               |      |              |      |          |      |          |     |         
|                                       |                                                                                                    | COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES  
|                                       |                                                                                                    | (Millions of Dollars)                              
|                                       |                                                                                                    |                                                     |                     |      |               |      |              |      |          |      |          |     |         
|                                       |                                                                                                    |                                                     |                     |      | 12 Months     |      | 12 Months   
|                                       |                                                                                                    |                                                     |                     |      | Ended         |      | Ended       
|                                       |                                                                                                    |                                                     |                     |      | September 30, |      | December 31,
|                                       |                                                                                                    |                                                     |                     |      |               |      |              |      |          |      |          |     |         
|                                       |                                                                                                    |                                                     |                     |      | 2001 (c)      |      | 2000 (c)     |      | 1999     |      | 1998     |     | 1997    
|Fixed charges, as defined:             |                                                                                                    |                                                     |                     |      |               |      |              |      |          |     
|                                       | Interest on long-term debt                                                                         |                                                     | $    214            |      | $    223      |      | $    205     |      | $    188 |      | $    195
|                                       | Interest on short-term debt and other interest                                                     |                                                     | 6                   |      | 16            |      | 12           |      | 14       |      | 17      
|                                       | Amortization of debt discount, expense and premium - net                                           |                                                     | 5                   |      | 4             |      | 3            |      | 2        |      | 2       
|                                       | Interest on capital lease obligations:                                                             |                                                     |                     |      |               |      |              |      |          |      |         
|                                       |                                                                                                    | Charged to expense                                  |                     |      |               | 4    |              | 9    |          | 8    |          | 9  
|                                       |                                                                                                    | Capitalized                                         |                     |      |               |      |              | 1    |          | 2    |          | 2  
|                                       | Estimated interest component of operating rentals                                                  |                                                     | 8                   |      | 14            |      | 19           |      | 18       |      | 15      
|                                       |                                                                                                    |                                                     |                     |      |               |      |              |      |          |      |          |     |         
|                                       |                                                                                                    |                                                     | Total fixed charges |      | $    233      |      | $    261     |      | $    249 |      | $    232 |     | $    240
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|Earnings, as defined:                  |                                                                                                    |                                                     |                     |      |               |      |              |      |          |     
|                                       | Net income (a)                                                                                     |                                                     | $    81             |      | $    250      |      | $    444     |      | $    361 |      | $    308
|                                       | Preferred security dividend requirements                                                           |                                                     | 25                  |      | 26            |      | 37           |      | 48       |      | 40      
|                                       | Less undistributed income of equity method investments                                             |                                                     |                     |      |               |      |              |      |          |      |         
|                                       |                                                                                                    |                                                     |                     | 106  |               | 276  |              | 481  |          | 409  |          | 348
|                                       |                                                                                                    |                                                     |                     |      |               |      |              |      |          |      |          |     |         
|Add (Deduct):                          |                                                                                                    |                                                     |                     |      |               |      |              |      |          |     
|                                       | Income taxes                                                                                       |                                                     | 64                  |      | 171           |      | 151          |      | 273      |      | 248     
|                                       | Amortization of capitalized interest on capital leases                                             |                                                     |                     |      | 2             |      | 2            |      | 2        |      | 2       
|                                       | Total fixed charges as above (excluding capitalized
interest on capitalized lease obligations)     |                                                     | 233                 |      | 261           |      | 248          |      | 230      |      | 238     
|                                       |                                                                                                    |                                                     |                     |      |               |      |              |      |          |      |          |     |         
|                                       |                                                                                                    |                                                     | Total earnings      |      | $    403      |      | $    710     |      | $    882 |      | $    914 |     | $    836
|                                       |                                                                                                    |                                                     |                     |      |               |      |              |      |          |      |          |     |         
|Ratio of earnings to fixed charges (b) |                                                                                                    | 1.73                                                |                     | 2.72 |               | 3.54 |              | 3.94 |          | 3.48
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|                                       |                                                                                                   
|                                       |                                                                                                   
|(a)                                    | 2001, 2000, 1999 and 1998 net income excluding extraordinary items.                               
|(b)                                    | Based on earnings excluding nonrecurring items, the ratio of earnings to fixed charges are:       
|                                       | 2000, 2.56; 1999, 3.35; and 1998, 3.53.                                                           
|(c)                                    | Due to the corporate realignment on July 1, 2000, prior years are not comparable to 2001 and 2000.