Exhibit 12.2

Con Edison Company of New York, Inc.

Ratio of Earnings to Fixed Charges

(Millions of Dollars)

	For the Nine Months Ended September 30, 2010		For the Twelve Months Ended December 31, 2009			For the Nine Months Ended September 30, 2009
Earnings
Net Income for Common	$	709		781		$	615
Preferred Stock Dividend		8		11			8
Cumulative Effect of Changes in Accounting Principles		—		—			—
(Income) or Loss from Equity Investees		—		(1	)		—
Minority Interest Loss		—		—			—
Income Tax		404		404			339
Pre-Tax Income from Continuing Operations	$	1,121		1,195		$	962
Add: Fixed Charges*		435		582			434
Add: Amortization of Capitalized Interest		—		—			—
Add: Distributed Income of Equity Investees		—		—			—
Subtract: Interest Capitalized		—		—			—
Subtract: Pre-Tax Preferred Stock Dividend Requirement		—		—			—
Earnings	$	1,556		1,777		$	1,396
* Fixed Charges
Interest on Long-term Debt	$	393		518		$	387
Amortization of Debt Discount, Premium and Expense		13		16			12
Interest Capitalized		—		—			—
Other Interest		14		27			19
Interest Component of Rentals		15		21			16
Pre-Tax Preferred Stock Dividend Requirement		—		—			—
Fixed Charges	$	435		582		$	434
Ratio of Earnings to Fixed Charges		3.6		3.1			3.2