Exhibit 12(c)
LG&E AND KU ENERGY LLC AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)
																Predeces-
				Successor (a)												sor (b)
				9 Months		Year		Year		Year		Year		2 Months		10 Months
				Ended		Ended		Ended		Ended		Ended		Ended		Ended
				Sep. 30,		Dec. 31,		Dec. 31,		Dec. 31,		Dec. 31,		Dec. 31,		Oct. 31,
				2015		2014		2013		2012		2011		2010		2010
Earnings, as defined:
	Income from Continuing Operations
		Before Income Taxes		$	491	$	553	$	551	$	331	$	419	$	70	$	300
	Adjustment to reflect earnings from
		equity method investments on a cash
		basis (c)			(2)		(1)		(1)		33		(1)				(4)
	Mark to market impact of derivative
		instruments													2		(20)
					489		552		550		364		418		72		276
	Total fixed charges as below				134		173		151		157		153		25		158
			Total earnings	$	623	$	725	$	701	$	521	$	571	$	97	$	434
Fixed charges, as defined:
	Interest charges (d) (e)			$	128	$	167	$	145	$	151	$	147	$	24	$	153
	Estimated interest component of
		operating rentals			6		6		6		6		6		1		5
			Total fixed charges	$	134	$	173	$	151	$	157	$	153	$	25	$	158
Ratio of earnings to fixed charges					4.6		4.2		4.6		3.3		3.7		3.9		2.7

(a)	Post-acquisition activity covering the time period after October 31, 2010.
(b)	Pre-acquisition activity covering the time period prior to November 1, 2010.
(c)	Includes other-than-temporary impairment loss of $25 million in 2012.
(d)	Includes interest on long-term and short-term debt, as well as amortization of loss on reacquired debt and amortization of debt discount, expense and premium - net.
(e)	Includes a credit for amortization of a fair market value adjustment of $7 million in 2013.

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