Con Edison Company of New York, Inc.

Exhibit 12.2

Ratio of Earnings to Fixed Charges

(Millions of Dollars)

	For the Six Months Ended June 30, 2007		For the Twelve Months Ended December 31, 2006		For the Six Months Ended June 30, 2006
Earnings
Net Income for Common	$	375	$	686	$	318
Preferred Stock Dividend		6		11		6
Income Tax		197		349		166
Pre-Tax Income from Continuing Operations	$	578	$	1,046	$	490
Add: Fixed Charges*		242		472		216
Subtract: Pre-Tax Preferred Stock Dividend Requirement		—		—		—
Earnings	$	820	$	1,518	$	706
* Fixed Charges
Interest on Long-term Debt	$	200	$	370	$	177
Amortization of Debt Discount, Premium and Expense		9		16		8
Other Interest		23		65		20
Interest Component of Rentals		10		21		11
Pre-Tax Preferred Stock Dividend Requirement		—		—		—
Fixed Charges	$	242	$	472	$	216
Ratio of Earnings to Fixed Charges		3.4		3.2		3.3