Exhibit 12.2.b

Virginia Electric and Power Company

Computation of Ratio of Earnings to Fixed Charges and Preferred Dividends

(millions of dollars)

					Years Ended December 31,
	Six Months Ended June 30, 2013		Twelve Months Ended June 30, 2013		2012		2011		2010		2009		2008
Earnings, as defined:
Income from continuing operations before income tax expense	$	868	$	1,902	$	1,703	$	1,362	$	1,394	$	503	$	1,364
Fixed charges included in income		197		399		418		361		385		392		343
Total earnings, as defined	$	1,065	$	2,301	$	2,121	$	1,723	$	1,779	$	895	$	1,707
Fixed charges, as defined:
Interest charges	$	191	$	386	$	404	$	346	$	368	$	376	$	330
Rental interest factor		6		13		14		15		17		16		13
Fixed charges included in income		197		399		418		361		385		392		343
Preference security dividend requirement		13		27		27		27		27		24		26
Total fixed charges, as defined	$	210	$	426	$	445	$	388	$	412	$	416	$	369
Ratio of Earnings to Fixed Charges and Preferred Dividends		5.07		5.40		4.77		4.44		4.32		2.15		4.63