Virginia Electric & Power 10-Q 2017 Q3 Quarterly report

Exhibit 12.2

Virginia Electric and Power Company

Computation of Ratio of Earnings to Fixed Charges

(millions of dollars)

	Nine Months		Twelve Months
	Ended September 30,		Ended September 30,		Years Ended December 31,
	2017		2017		2016		2015		2014		2013		2012
Earnings, as defined:
Income from continuing operations before income tax expense	$	1,797	$	2,059	$	1,945	$	1,746	$	1,406	$	1,797	$	1,703
Fixed charges included in income		400		526		495		474		438		401		418
Total earnings, as defined	$	2,197	$	2,585	$	2,440	$	2,220	$	1,844	$	2,198	$	2,121
Fixed charges, as defined:
Interest charges	$	386	$	508	$	478	$	457	$	425	$	388	$	404
Rental interest factor		14		18		17		17		13		13		14
Fixed charges included in income		400		526		495		474		438		401		418
Capitalized interest		1		1		—		—		—		—		—
Total fixed charges, as defined	$	401	$	527	$	495	$	474	$	438	$	401	$	418
Ratio of Earnings to Fixed Charges		5.48		4.91		4.93		4.68		4.21		5.48		5.07