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, 2007		For the Twelve Months Ended December 31, 2006		For the Three Months Ended March 31, 2006
Earnings
Net Income for Common	$	236	$	686	$	202
Preferred Stock Dividend		3		11		3
Income Tax		134		349		113
Pre-Tax Income from Continuing Operations	$	373	$	1,046	$	318
Add: Fixed Charges*		123		472		104
Subtract: Pre-Tax Preferred Stock Dividend Requirement		—		—		—
Earnings	$	496	$	1,518	$	422
* Fixed Charges
Interest on Long-term Debt	$	100	$	370	$	85
Amortization of Debt Discount, Premium and Expense		4		16		4
Other Interest		14		65		10
Interest Component of Rentals		5		21		5
Pre-Tax Preferred Stock Dividend Requirement		—		—		—
Fixed Charges	$	123	$	472	$	104
Ratio of Earnings to Fixed Charges		4.0		3.2		4.1