Rule 424(b)(3)
File No. 33-49669
PRICING SUPPLEMENT NO. 5, DATED JANUARY 31, 1995
(To Prospectus dated June 25, 1993
and Prospectus Supplement dated June 30, 1993)
PENNSYLVANIA ELECTRIC COMPANY
Secured Medium-Term Notes, Series D
(A Series of First Mortgage Bonds)
Trade Date: January 30, 1995
Principal Amount: $30,000,000
Original Issue Date: February 7, 1995
Maturity Date: February 9, 1998
Issue Price: 100%
Interest Rate: 7.875%
Additional Terms: Redeemable, at par, under certain
limited circumstances, as described
under "Description of Secured Medium-
Term Notes, Series D --Redemption and
Repurchase" in the Prospectus Supplement
dated June 30, 1993.
Plan of Distribution: $15,000,000 of the principal amount of
the Notes has been sold to Merrill Lynch
& Co. and $15,000,000 of the principal
amount of the Notes has been sold to
Smith Barney Inc., each as principal,
for resale to purchasers upon terms
described in the Prospectus Supplement.
(See "Plan of Distribution of Notes" in
the Prospectus Supplement.)<PAGE>
