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Exhibit 12.2

Consolidated Edison Company of New York, Inc.

RATIO OF EARNINGS TO FIXED CHARGES
FOR SIX MONTHS ENDED JUNE 30, 2002

EARNINGS
	Net Income		$	254,650
	Income tax			136,820
		Total Earnings before Income tax		391,470
FIXED CHARGES*				191,151
		Total Earnings before Income tax and fixed charges	$	582,621
*Fixed Charges
	Interest on Long-Term Debt		$	169,355
	Other Interest			15,717
	Interest on Component of Rentals			6,079
		Total Fixed Charges	$	191,151
Ratio of Earnings To Fixed Charges				3.05

Consolidated Edison Company of New York, Inc.

RATIO OF EARNINGS TO FIXED CHARGES
TWELVE MONTHS ENDED
(THOUSANDS OF DOLLARS)

			June 2002		December 2001
EARNINGS
	Net Income		$	636,201	$	663,061
	Income Tax			375,182		427,168
		Total Earnings Before Income Tax		1,011,383		1,090,229
FIXED CHARGES*				395,866		409,588
Total Earnings Before Income Tax and Fixed Charges			$	1,407,249	$	1,499,817
*Fixed Charges
	Interest on Long-Term Debt		$	337,967	$	347,260
	Amortization of Debt Discount, Premium and Expense			12,681		12,527
	Interest on Component of Rentals			12,157		17,478
	Other Interest			33,061		32,323
		Total Fixed Charges	$	395,866	$	409,588
Ratio of Earnings to Fixed Charges				3.56		3.66

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Consolidated Edison Company of New York, Inc. RATIO OF EARNINGS TO FIXED CHARGES FOR SIX MONTHS ENDED JUNE 30, 2002
Consolidated Edison Company of New York, Inc. RATIO OF EARNINGS TO FIXED CHARGES TWELVE MONTHS ENDED (THOUSANDS OF DOLLARS)