PPL Electric Utilities 10-Q 2005 Q3 Quarterly report

Exhibit 12(c)
PPL ELECTRIC UTILITIES CORPORATION AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Millions of Dollars)
			12 Months Ended September 30,		12 Months Ended December 31,
			2005		2004		2003		2002		2001		2000
Fixed charges, as defined:
	Interest on long-term debt		$	157	$	176	$	201	$	209	$	220	$	223
	Interest on short-term debt and   other interest			24		7		3		3		4		16
	Amortization of debt discount,   expense and premium - net			6		7		8		7		6		4
	Interest on capital lease obligations   charged to expense													4
	Estimated interest component of   operating rentals			9		8		7		7		8		14
	Preferred security distributions of   subsidiaries on a pre-tax basis									13		23		23
		Total fixed charges	$	196	$	198	$	219	$	239	$	261	$	284
Earnings, as defined:
	Net income (a)		$	126	$	74	$	25	$	39	$	114	$	250
	Preferred security dividend   requirements			2		2		3		16		26		26
				128		76		28		55		140		276
Add:
	Income taxes			40		8		18		18		65		171
	Amortization of capitalized interest on   capital leases													2
	Total fixed charges as above (excluding capitalized interest,   capitalized interest on capital lease   obligations and preferred security   distributions of subsidiaries on a   pre-tax basis)			196		197		219		225		238		257
		Total earnings	$	364	$	281	$	265	$	298	$	443	$	706
Ratio of earnings to fixed charges				1.9		1.4		1.2		1.2		1.7		2.5

(a) Net income excludes extraordinary item and the cumulative effect of a change in accounting principle.