SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 13, 1995
Commission Registrant; State of Incorporation; IRS Employer
File Number Address; and Telephone Number Identification No.
___________ ___________________________________ __________________
1-11375 UNICOM CORPORATION 36-3961038
(an Illinois corporation)
37th Floor, 10 South Dearborn Street
Post Office Box A-3005
Chicago, Illinois 60690-3005
312/394-7399
1-1839 COMMONWEALTH EDISON COMPANY 36-0938600
(an Illinois corporation)
37th Floor, 10 South Dearborn Street
Post Office Box 767
Chicago, Illinois 60690-0767
312/394-4321
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Item 5. Other Events
On December 13, 1995, Commonwealth Edison Company ("ComEd")
announced a proposal to amend certain provisions of the Illinois Public
Utilities Act. The proposal would, among other things, allow Illinois
utilities to launch five-year experimental "direct access" programs,
whereby certain customers would have the opportunity to obtain some of
their electric energy requirements from their chosen supplier. If the
proposal is adopted as legislation, such "direct access" programs could
begin as early as 1998; and ComEd intends to offer such a program for
new or expanded load of three megawatts or greater in its northern
Illinois service territory. Under ComEd's proposal, if such "direct
access" proves workable, and the Illinois Commerce Commission ("ICC")
finds it to be in the public interest, the ICC could order it as an
option for all electricity consumers in Illinois starting in 2003.
Other Illinois utilities have also initiated both legislative
and regulatory proposals. It is not possible to predict whether, or in
what form, any of these proposals (including ComEd's proposal) may be
approved. For additional information, see "Management's Discussion and
Analysis of Financial Condition and Results of Operations," subcaption
"Liquidity and Capital Resources--Utility Operations--Business and
Competition" in Unicom Corporation's and ComEd's Quarterly Reports on
Form 10-Q for the quarterly period ended September 30, 1995.
For additional information regarding the estimated effects of
various initiatives that ComEd has recently announced, see "Item 5.
Other Events," in Unicom Corporation's and ComEd's Current Report on
Form 8-K dated December 11, 1995.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrants have duly caused this report to be signed on
their behalf by the undersigned thereunto duly authorized.
UNICOM CORPORATION
(Registrant)
Date: December 15, 1995 By: John C. Bukovski
-------------------------
John C. Bukovski
Vice President
COMMONWEALTH EDISON COMPANY
(Registrant)
Date: December 15, 1995 By: John C. Bukovski
-------------------------
John C. Bukovski
Vice President
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