CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in this Registration Statement on Form N-1A of our report dated November 19, 2008, relating to the financial statements and financial highlights which appear in the September 30, 2008 Annual Report to Shareholders of Franklin Custodian Funds, which are also incorporated by reference into the Registration Statement. We also consent to the references to us under the headings "Financial Highlights" and "Independent Registered Public Accounting Firm" in such Registration Statement.

 

/s/ PricewaterhouseCoopers LLP
 
San Francisco, California

January 26, 2009