Exhibit 12.b

Virginia Electric and Power Company

Computation of Ratio of Earnings to Fixed Charges

(millions of dollars)

	Years Ended December 31,
	2015		2014		2013		2012		2011
Earnings, as defined:
Income from continuing operations before income tax expense	$	1,746	$	1,406	$	1,797	$	1,703	$	1,362
Fixed charges included in income		474		438		401		418		361
Total earnings, as defined	$	2,220	$	1,844	$	2,198	$	2,121	$	1,723
Fixed charges, as defined:
Interest charges	$	457	$	425	$	388	$	404	$	346
Rental interest factor		17		13		13		14		15
Total fixed charges, as defined	$	474	$	438	$	401	$	418	$	361
Ratio of Earnings to Fixed Charges		4.68		4.21		5.48		5.07		4.77