Exhibit 12.2

Consolidated Edison Company of New York, Inc.

Ratio of Earnings to Fixed Charges

(Millions of Dollars)

	For the Six Months Ended June 30, 2012		For the Twelve Months Ended December 31, 2011		For the Six Months Ended June 30, 2011
Earnings
Net Income for Common Stock		$436		$   978		$426
Preferred Stock Dividend		3		11		6
(Income) or Loss from Equity Investees		—		—		—
Minority Interest Loss		—		—		—
Income Tax		209		558		220
Pre-Tax Income for Common Stock		$648		$1,547		$652
Add: Fixed Charges*		287		561		284
Add: Distributed Income of Equity Investees		—		—		—
Subtract: Interest Capitalized		—		—		—
Subtract: Pre-Tax Preferred Stock Dividend Requirement		—		—		—
Earnings		$935		$2,108		$936
* Fixed Charges
Interest on Long-term Debt		$256		$   505		$253
Amortization of Debt Discount, Premium and Expense		10		18		10
Interest Capitalized		—		—		—
Other Interest		10		16		10
Interest Component of Rentals		11		22		11
Pre-Tax Preferred Stock Dividend Requirement		—		—		—
Fixed Charges		$287		$   561		$284
Ratio of Earnings to Fixed Charges		3.3		3.8		3.3