Exhibit 12.2

Consolidated Edison Company of New York, Inc.

Ratio of Earnings to Fixed Charges

(Millions of Dollars)

	For the Years Ended December 31,
	2012		2011		2010		2009			2008
Earnings
Net Income for Common	$	1,014	$	978	$	893	$	781		$	783
Preferred Stock Dividend		3		11		11		11			11
Cumulative Effect of Changes in Accounting Principles		—		—		—		—			—
(Income) or Loss from Equity Investees		—		—		2		(1	)		—
Minority Interest Loss		—		—		—		—			—
Income Tax		529		558		495		404			397
Pre-Tax Income from Continuing Operations		1,546		1,547		1,401		1,195			1,191
Add: Fixed Charges*		573		561		578		582			520
Add: Amortization of Capitalized Interest		—		—		—		—			—
Add: Distributed Income of Equity Investees		—		—		—		—			—
Subtract: Interest Capitalized		—		—		—		—			—
Subtract: Pre-Tax Preferred Stock Dividend Requirement		—		—		—		—			—
Earnings	$	2,119	$	2,108	$	1,979	$	1,777		$	1,711
* Fixed Charges
Interest on Long-term Debt		508		505	$	520	$	518		$	458
Amortization of Debt Discount, Premium and Expense		17		18		17		16			16
Interest Capitalized		—		—		—		—			—
Other Interest		22		16		19		27			25
Interest Component of Rentals		26		22		22		21			21
Pre-Tax Preferred Stock Dividend Requirement		—		—		—		—			—
Fixed Charges	$	573	$	561	$	578	$	582		$	520
Ratio of Earnings to Fixed Charges		3.7		3.8		3.4		3.1			3.3