Exhibit 12(b)

ONCOR ELECTRIC DELIVERY COMPANY LLC

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Three Months Ended March  31,
	2012		2011
	(millions of dollars, except ratios)
Earnings:
Net income from continuing operations	$	75	$	65
Add: Total federal income taxes (benefit)		49		40
Fixed charges (see detail below)		95		92
Total earnings	$	219	$	197
Fixed charges:
Interest expense, excluding capitalized interest	$	93	$	90
Rentals representative of the interest factor		2		2
Total fixed charges	$	95	$	92
Ratio of earnings to fixed charges		2.31		2.14