Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Rana Louis L
 2. Date of Event Requiring Statement (Month/Day/Year)
09/01/2005		 3. Issuer Name and Ticker or Trading Symbol
CONSOLIDATED EDISON INC [ED]
(Last)
(First)
(Middle)
4 IRVING PLACE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President (CECONY)
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10003		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 577.22
D
 
Common Stock 1,016
I
TRASOP

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
EIP Stock 01/18/2006 01/19/2006 Common Stock 832.24 $ (1) D  
EIP Stock 01/01/2007 01/02/2007 Common Stock 848.354 $ (1) D  
EIP Stock 01/01/2008 01/02/2008 Common Stock 752.149 $ (1) D  
EIP Stock 01/01/2009 01/02/2009 Common Stock 1,047.978 $ (1) D  
EIP Stock 01/01/2010 01/02/2010 Common Stock 904.266 $ (1) D  
Employee Stock Option (Right to Buy) 02/23/2002 02/23/2009 Common Stock 8,000 $ 47.9375 D  
Employee Stock Option (Right to Buy) 04/18/2005 04/18/2012 Common Stock 8,000 $ 42.51 D  
Employee Stock Option (Right to Buy) 01/23/2006 01/23/2013 Common Stock 10,000 $ 40.81 D  
Employee Stock Option (Right to Buy) 01/15/2007 01/15/2014 Common Stock 12,000 $ 43.06 D  
Employee Stock Option (Right to Buy) 01/20/2008 01/20/2015 Common Stock 16,000 $ 43.72 D  
Performance Based Restricted Stock Units (4) 01/01/2006 01/02/2006 Common Stock 1,500 (3) $ (2) D  
Performance Based Restricted Stock Units (5) 01/01/2007 01/02/2007 Common Stock 1,500 (3) $ (2) D  
Performance Based Restricted Stock Units (6) 01/01/2008 01/02/2008 Common Stock 2,000 (3) $ (2) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Rana Louis L
4 IRVING PLACE
NEW YORK, NY 10003		       President (CECONY)  

Signatures

Peter J. Barrett; Attorney-in-Fact 09/12/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Equivalent Stock units (phantom stock) are converted into common stock on a 1-for-1 basis.
(2) Performance Based Restricted Stock Units ("PBRS") are converted into common stock on a 1-for-1 basis.
(3) The number of shares (or cash equivalents) is subject to change based on the achievement of certain peformance criteria specified under the Consolidated Edison, Inc. Long Term Incentive Plan.
(4) PBRS granted under the Consolidated Edison, Inc. Long Term Incentive Plan -- the restricted stock units will vest in 2006.
(5) PBRS granted under the Consolidated Edison, Inc. Long Term Incentive Plan -- the restricted stock units will vest in 2007.
(6) PBRS granted under the Consolidated Edison, Inc. Long Term Incentive Plan -- the restricted stock units will vest in 2008.

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