Con Edison Company of New York, Inc.

Exhibit 12.2

Ratio of Earnings to Fixed Charges

(Millions of Dollars)

	For the Three Months Ended March 31, 2006		For the Twelve Months Ended December 31, 2005		For the Three Months Ended March 31, 2005
Earnings
Net Income for Common	$	202	$	694	$	170
Preferred Stock Dividend		3		11		3
Income Tax		113		330		97
Pre-Tax Income from Continuing Operations	$	318	$	1,035	$	270
Add: Fixed Charges*		104		387		96
Subtract: Pre-Tax Preferred Stock Dividend Requirement		—		—		—
Earnings	$	422	$	1,422	$	366
* Fixed Charges
Interest on Long-term Debt	$	85	$	333	$	79
Amortization of Debt Discount, Premium and Expense		4		17		4
Other Interest		10		21		7
Interest Component of Rentals		5		16		6
Pre-Tax Preferred Stock Dividend Requirement		—		—		—
Fixed Charges	$	104	$	387	$	96
Ratio of Earnings to Fixed Charges		4.1		3.7		3.8