CONSOLIDATED EDISON INC — Director's Dealing 2011

Nov 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSOLIDATED EDISON INC (ED)
CIK: 0001047862
Period of Report: 2011-11-07

Reporting Person: William Longhi G (President & CEO, O&R)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-07	Common Stock	M	8000	$43.06	Acquired	20294.3	Direct
2011-11-07	Common Stock	S	8000	$58.58	Disposed	12294.3	Direct
2011-11-08	Common Stock	M	8000	$43.72	Acquired	20294.3	Direct
2011-11-08	Common Stock	S	8000	$59.10	Disposed	12541.45	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-07	Employee Stock Option (Right to Buy)	$43.06	M	8000	Disposed	2014-01-15	Common Stock (8000)	Direct
2011-11-08	Employee Stock Option (Right to Buy)	$43.72	M	8000	Disposed	2015-01-20	Common Stock (8000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2487.44	Indirect
Common Stock	70	Indirect

Footnotes

F1: Represents the weighted average sale price of the shares of Consolidated Edison, Inc. (the "Company") common stock sold by Mr. Longhi. The shares were sold in multiple transactions at prices ranging from $58.57 to $58.59, inclusive. The reporting person will provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the numbers of shares purchased at each seperate price within the ranges set forth in this footnote (1) of this Form 4.

F2: Represents the weighted average sale price of the shares of the Company common stock sold by Mr. Longhi. The shares were sold in multiple transactions at prices ranging from $59.09 to $59.12, inclusive. The reporting person will provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the numbers of shares purchased at each seperate price within the ranges set forth in this footnote (2) of this Form 4.

F3: Includes 86.12, 83.27, and 77.76 Deferred Stock Units acquired on March 15, 2011, June 15, 2011, and September 15, 2011, respectively, pursuant to the Company Long Term Incentive Plan's dividend reinvestment provision.