Exhibit 12.2

Consolidated Edison Company of New York, Inc.

Ratio of Earnings to Fixed Charges

(Millions of Dollars)

	For the Nine Months Ended September 30, 2011		For the Twelve Months Ended December 31, 2010		For the Nine Months Ended September 30, 2010
Earnings
Net income for common stock	$	779	$	893	$	709
Preferred stock dividend		8		11		8
(Income) or loss from equity investees		—		2		—
Minority interest loss		—		—		—
Income tax		425		495		404
Pre-tax income for common stock	$	1,212	$	1,401	$	1,121
Add: Fixed charges*		422		578		435
Add: Distributed income of equity investees		—		—		—
Subtract: Interest capitalized		—		—		—
Subtract: Pre-tax preferred stock dividend requirement		—		—		—
Earnings	$	1,634	$	1,979	$	1,556
* Fixed charges
Interest on long-term debt	$	379	$	520	$	393
Amortization of debt discount, premium and expense		14		17		13
Interest capitalized		—		—		—
Other interest		13		19		14
Interest component of rentals		16		22		15
Pre-tax preferred stock dividend requirement		—		—		—
Fixed charges	$	422	$	578	$	435
Ratio of Earnings to Fixed Charges		3.9		3.4		3.6