CONSOLIDATED EDISON INC — Director's Dealing 2010

Jan 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSOLIDATED EDISON INC (ED)
CIK: 0001047862
Period of Report: 2010-01-04

Reporting Person: BURKE KEVIN (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-04	Common Stock	M	2797.38	—	Acquired	74540.64	Direct
2010-01-04	Common Stock	D	2797.38	$45.59	Disposed	71743.26	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-04	EIP Stock (Phantom Stock)	$	M	2797.38	Disposed	2010-01-04	Common Stock (2797.38)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6783.28	Indirect

Footnotes

F1: Not Applicable.

F2: Equivalent stock units (phantom stock) cash-out pursuant to the terms of the Consolidated Edison Company of New York, Inc. Executive Incentive Plan (the "Plan").

F3: Each equivalent stock unit (phantom stock) is the economic equivalent of one share of Consolidated Edison, Inc. common stock.

F4: Includes stock units acquired pursuant to the dividend reinvestment provisions of the Plan.