Exhibit 12.b

Virginia Electric and Power Company

Computation of Ratio of Earnings to Fixed Charges

(millions of dollars)

	Years Ended December 31,
	2014		2013		2012		2011		2010
Earnings, as defined:
Income from continuing operations before income tax expense	$	1,406	$	1,797	$	1,703	$	1,362	$	1,394
Fixed charges included in income		438		401		418		361		385
Total earnings, as defined	$	1,844	$	2,198	$	2,121	$	1,723	$	1,779
Fixed charges, as defined:
Interest charges	$	425	$	388	$	404	$	346	$	368
Rental interest factor		13		13		14		15		17
Total fixed charges, as defined	$	438	$	401	$	418	$	361	$	385
Ratio of Earnings to Fixed Charges		4.21		5.48		5.07		4.77		4.62