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 *
  Muccilo Robert
2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2009
3. Issuer Name and Ticker or Trading Symbol
CONSOLIDATED EDISON INC [ED]
(Last)
(First)
(Middle)
CONSOLIDATED EDISON, INC. C/O SECRETARY, 4 IRVING PLACE, ROOM 1618-S
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP & Chief Accounting Officer
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 2,354.43 (1)
D
 

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
Employee Stock Options (Right to Buy) 04/01/2005 04/01/2015 Common Stock 2,000 $ 42.18 D  
Employee Stock Options (Right to Buy) 04/01/2006 04/01/2016 Common Stock 2,000 $ 43.5 D  
Performance Restricted Stock Units (Phantom Stock) (2)   (3)   (3) Common Stock 250 (4) $ (5) D  
Performance Restricted Stock Units (Phantom Stock) (2)   (6)   (6) Common Stock 320 (4) $ (5) D  
Performance Restricted Stock Units (Phantom Stock) (2)   (7)   (7) Common Stock 150 (4) $ (5) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Muccilo Robert
CONSOLIDATED EDISON, INC. C/O SECRETARY
4 IRVING PLACE, ROOM 1618-S
NEW YORK, NY 10003
      VP & Chief Accounting Officer  

Signatures

Peter J. Barrett; Attorney-in-Fact 07/02/2009
**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) Shares of Consolidated Edison, Inc. ("Company") common stock held under the Company Stock Purchase Plan.
(2) Performance Restricted Stock Unit ("PRSU") granted under the Company Long Term Incentive Plan (the "LTIP"). Each PRSU is the economic equivalent of one share of Company common stock.
(3) The PRSUs, granted in 2007, will vest in 2010 when they are determined and awarded by the Management Development and Compensation Committee (the "Committee") of the Company's Board of Directors.
(4) The number of shares (or cash equivalents) will be adjusted based on certain performance criteria, including criteria other than the market price, as specified under the LTIP.
(5) Not Applicable.
(6) The PRSUs, granted in 2008, will vest in 2011 when they are determined and awarded by the Committee of the Company's Board of Directors.
(7) The PRSUs, granted in 2009, will vest in 2012 when they are determined and awarded by the Committee of the Company's Board of Directors.

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