| Exhibit 12(a)                                                                                                                                      |
|----------------------------------------------------------------------------------------------------------------------------------------------------|
| PPL CORPORATION AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES ANDPREFERRED STOCK DIVIDENDS(Millions of Dollars) |
|                                                                                                                                               |
|                                                                                                                                               |   | Six Months Ended June 30, |   | Years Ended December 31, |
|                                                                                                                                               |   | 2010 |   | 2009 |   | 2008 |   | 2007 |   | 2006 |   | 2005 |
| Earnings, as defined:                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income from Continuing Operations Before Income Taxes                                                                                              |   | $ | 490 |   |   | $ | 596 |   |   | $ | 1,357 |   |   | $ | 1,281 |   |   | $ | 1,099 |   |   | $ | 780 |   |
| Less earnings of equity method investments                                                                                                         |   |   | 1 |   |   |   | 2 |   |   |   | 1 |   |   |   | 3 |   |   |   | 4 |   |   |   | 5 |   |
| Distributed income from equity method investments                                                                                                  |   |   | 4 |   |   |   | 2 |   |   |   | 1 |   |   |   | 5 |   |   |   | 3 |   |   |   | 5 |   |
|                                                                                                                                               |   |   | 493 |   |   |   | 596 |   |   |   | 1,357 |   |   |   | 1,283 |   |   |   | 1,098 |   |   |   | 780 |   |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total fixed charges as below                                                                                                                       |   |   | 292 |   |   |   | 513 |   |   |   | 568 |   |   |   | 609 |   |   |   | 559 |   |   |   | 569 |   |
| Less:                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Capitalized interest and interest component of AFUDC                                                                                               |   |   | 14 |   |   |   | 45 |   |   |   | 59 |   |   |   | 58 |   |   |   | 24 |   |   |   | 9 |   |
| Preferred security distributions of subsidiaries on a pre-tax basis                                                                                |   |   | 12 |   |   |   | 24 |   |   |   | 27 |   |   |   | 23 |   |   |   | 24 |   |   |   | 5 |   |
| Interest expense related to discontinued operations                                                                                                |   |   |   |   |   |   | 5 |   |   |   | 8 |   |   |   | 33 |   |   |   | 36 |   |   |   | 37 |   |
| Total fixed charges included in Income from Continuing Operations Before Income Taxes                                                              |   |   | 266 |   |   |   | 439 |   |   |   | 474 |   |   |   | 495 |   |   |   | 475 |   |   |   | 518 |   |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total earnings                                                                                                                                     |   | $ | 759 |   |   | $ | 1,035 |   |   | $ | 1,831 |   |   | $ | 1,778 |   |   | $ | 1,573 |   |   | $ | 1,298 |   |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fixed charges, as defined:                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest on long-term debt                                                                                                                         |   | $ | 199 |   |   | $ | 397 |   |   | $ | 478 |   |   | $ | 522 |   |   | $ | 482 |   |   | $ | 480 |   |
| Interest on short-term debt and other interest                                                                                                     |   |   | 30 |   |   |   | 34 |   |   |   | 28 |   |   |   | 35 |   |   |   | 13 |   |   |   | 29 |   |
| Amortization of debt discount, expense and premium - net                                                                                           |   |   | 31 |   |   |   | 15 |   |   |   | 12 |   |   |   | 8 |   |   |   | 11 |   |   |   | 23 |   |
| Estimated interest component of operating rentals                                                                                                  |   |   | 19 |   |   |   | 42 |   |   |   | 22 |   |   |   | 21 |   |   |   | 29 |   |   |   | 32 |   |
| Preferred securities distributions of subsidiaries on a pre-tax basis                                                                              |   |   | 12 |   |   |   | 24 |   |   |   | 27 |   |   |   | 23 |   |   |   | 24 |   |   |   | 5 |   |
| Fixed charges of majority-owned share of 50% or less-owned persons                                                                                 |   |   | 1 |   |   |   | 1 |   |   |   | 1 |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total fixed charges (a)                                                                                                                            |   | $ | 292 |   |   | $ | 513 |   |   | $ | 568 |   |   | $ | 609 |   |   | $ | 559 |   |   | $ | 569 |   |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio of earnings to fixed charges                                                                                                                 |   |   | 2.6 |   |   |   | 2.0 |   |   |   | 3.2 |   |   |   | 2.9 |   |   |   | 2.8 |   |   |   | 2.3 |   |
| Ratio of earnings to combined fixed charges and preferred stock dividends (b)                                                                      |   |   | 2.6 |   |   |   | 2.0 |   |   |   | 3.2 |   |   |   | 2.9 |   |   |   | 2.8 |   |   |   | 2.3 |   |

| (a) |   | Interest on unrecognized tax benefits is not included in fixed charges.                                                                                                                                                         |
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| (b) |   | PPL, the parent holding company, does not have any preferred stock outstanding; therefore, the ratio of earnings to combined fixed charges and preferred stock dividends is the same as the ratio of earnings to fixed charges. |