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, 2012		For the Twelve Months Ended December 31, 2011		For the Nine Months Ended September 30, 2011
Earnings
Net Income for Common		$   824		$   978		$   779
Preferred Stock Dividend		3		11		9
Cumulative Effect of Changes in Accounting Principles		—		—		—
(Income) or Loss from Equity Investees		—		—		—
Minority Interest Loss		—		—		—
Income Tax		436		558		425
Pre-Tax Income from Continuing Operations		$1,263		$1,547		$1,213
Add: Fixed Charges*		434		561		422
Add: Amortization of Capitalized Interest		—		—		—
Add: Distributed Income of Equity Investees		—		—		—
Subtract: Interest Capitalized		—		—		—
Subtract: Pre-Tax Preferred Stock Dividend Requirement		—		—		—
Earnings		$1,697		$2,108		$1,635
* Fixed Charges
Interest on Long-term Debt		$383		$505		$379
Amortization of Debt Discount, Premium and Expense		12		18		14
Interest Capitalized		—		—		—
Other Interest		19		16		13
Interest Component of Rentals		20		22		16
Pre-Tax Preferred Stock Dividend Requirement
Fixed Charges		$   434		$   561		$   422
Ratio of Earnings to Fixed Charges		3.9		3.8		3.9