Exhibit 12.2

Con Edison Company of New York, Inc.

Ratio of Earnings to Fixed Charges

(Millions of Dollars)

	For the Six Months Ended June 30, 2010			For the Twelve Months Ended December 31, 2009			For the Six Months Ended June 30, 2009
Earnings
Net Income for Common	$	378		$	781		$	333
Preferred Stock Dividend		6			11			6
Cumulative Effect of Changes in Accounting Principles		—			—			—
(Income) or Loss from Equity Investees		(1	)		(1	)		—
Minority Interest Loss		—			—			—
Income Tax		207			404			179
Pre-Tax Income from Continuing Operations	$	589		$	1,196		$	518
Add: Fixed Charges*		286			581			283
Add: Amortization of Capitalized Interest					—			—
Add: Distributed Income of Equity Investees					—			—
Subtract: Interest Capitalized					—			—
Subtract: Pre-Tax Preferred Stock Dividend Requirement		—			—			—
Earnings	$	875		$	1,777		$	801
*  Fixed Charges
Interest on Long-term Debt	$	261		$	518		$	257
Amortization of Debt Discount, Premium and Expense		8			16			8
Interest Capitalized		—			—			—
Other Interest		8			27			7
Interest Component of Rentals		10			21			11
Pre-Tax Preferred Stock Dividend Requirement		—			—			—
Fixed Charges	$	286		$	581		$	283
Ratio of Earnings to Fixed Charges		3.1			3.1			2.8