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Exhibit 12.2

CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.
RATIO OF EARNINGS TO FIXED CHARGES
TWELVE MONTHS ENDED
(THOUSANDS OF DOLLARS)

			DECEMBER 1997		DECEMBER 1998		DECEMBER 1999		DECEMBER 2000		DECEMBER 2001
Earnings
	Net Income		$	712,823	$	745,140	$	711,843	$	583,715	$	663,061
	Income Tax			379,720		414,235		366,081		289,926		427,168
		Total Earnings Before Income Tax		1,092,543		1,159,375		1,077,924		873,641		1,090,229
Fixed Charges*				353,689		345,513		340,344		392,347		409,588
		Total Earnings Before Income Tax and Fixed Charges	$	1,446,232	$	1,504,888	$	1,418,268	$	1,265,988	$	1,499,817
* Fixed Charges
	Interest on Long-Term Debt		$	306,109	$	294,894	$	291,747	$	318,842	$	347,260
	Amortization of Debt Discount, Premium and Expense			12,049		13,777		13,514		12,584		12,527
	Interest on Component of Rentals			18,448		18,442		17,720		17,697		17,478
	Other Interest			17,083		18,400		17,363		43,224		32,323
		Total Fixed Charges	$	353,689	$	345,513	$	340,344	$	392,347	$	409,588
	Ratio of Earnings to Fixed Charges			4.09		4.36		4.17		3.23		3.66

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CONSOLIDATED EDISON COMPANY OF NEW YORK, INC. RATIO OF EARNINGS TO FIXED CHARGES TWELVE MONTHS ENDED (THOUSANDS OF DOLLARS)