Exhibit 12.2

Consolidated Edison Company of New York, Inc.RATIO OF EARNINGS TO FIXED CHARGES  FOR SIX MONTHS ENDED JUNE 30, 2002

|EARNINGS                           |                                  |                                                    |        
|---------------------------------- | -------------------------------- | -------------------------------------------------- | -------
|                                   | Net Income                       |                                                    | $      
|                                   | Income tax                       |                                                    |        
|                                  
|                                   |                                  | Total Earnings before Income tax                   |        
|FIXED CHARGES*                     |                                  |                                                    | 191,151
|                                  
|                                   |                                  | Total Earnings before Income tax and fixed charges |        
|                                  
|*Fixed Charges                     |                                  |                                                    |        
|                                   | Interest on Long-Term Debt       |                                                    | $      
|                                   | Other Interest                   |                                                    |        
|                                   | Interest on Component of Rentals |                                                    |        
|                                  
|                                   |                                  | Total Fixed Charges                                |        
|                                  
|Ratio of Earnings To Fixed Charges |                                  |                                                    | 3.05   

Consolidated Edison Company of New York, Inc.RATIO OF EARNINGS TO FIXED CHARGES  TWELVE MONTHS ENDED(THOUSANDS OF DOLLARS)

|                                                   |                                                    | June
2002                        |           | December
2001
|-------------------------------------------------- | -------------------------------------------------- | -------------------------------- | --------- | -------------
|EARNINGS                                           |                                                    |                                  |           |              
|                                                   | Net Income                                         |                                  | $         | 636,201      
|                                                   | Income Tax                                         |                                  |           | 375,182      
|                                                  
|                                                   |                                                    | Total Earnings Before Income Tax |           |              
|FIXED CHARGES*                                     |                                                    |                                  | 395,866   |              
|                                                  
|Total Earnings Before Income Tax and Fixed Charges |                                                    | $                                | 1,407,249 |              
|                                                  
|*Fixed Charges                                     |                                                    |                                  |           |              
|                                                   | Interest on Long-Term Debt                         |                                  | $         | 337,967      
|                                                   | Amortization of Debt Discount, Premium and Expense |                                  |           | 12,681       
|                                                   | Interest on Component of Rentals                   |                                  |           | 12,157       
|                                                   | Other Interest                                     |                                  |           | 33,061       
|                                                  
|                                                   |                                                    | Total Fixed Charges              |           | $            
|                                                  
|Ratio of Earnings to Fixed Charges                 |                                                    |                                  | 3.56      |              

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