Amendment No. 6 to
         Raymond J. McCann Compensation Agreement

     WHEREAS, Raymond J. McCann (the "Employee") and Consolidated
Edison Company of New York, Inc. (the "Company") entered into an
Agreement dated February 28, 1989 (the "Agreement"); and

     WHEREAS, paragraph 9 of the Agreement provides that the
Agreement may be amended from time to time by a written
instrument executed by the Company and the Employee;

     NOW, THEREFORE, in consideration of the foregoing, the
parties hereto agree as follows:

     1.  The Agreement is amended, effective February 1, 1994, to
increase the Employee's basic salary set forth in clause (i) of
paragraph 1(A) of the Agreement from $295,000 per annum to
$318,000 per annum, subject to all the terms and conditions set
forth in the Agreement relating to basic salary.

     2.  In all other respects, the Agreement remains in full
force and effect as amended hereby.

     IN WITNESS WHEREOF, the Company has caused this Amendment to
be executed by its duly authorized officer and its Corporate seal
to be fixed hereto, and the Employee has hereto set his hand the
day and year set forth below.

                        CONSOLIDATED EDISON COMPANY
                          OF NEW YORK, INC.

                        By: THOMAS J. GALVIN
                            Thomas J. Galvin
                            Senior Vice President

                        RAYMOND J. MCCANN
                        Raymond J. McCann

Dated:    March 8, 1994


Attest:
Approved by the Board of Trustees
the 23rd day of November, 1993.

ARCHIE M. BANKSTON
Archie M. Bankston
   Secretary