PECO ENERGY CO
8-K, 1997-06-24
ELECTRIC & OTHER SERVICES COMBINED
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                                    FORM 8-K





                       SECURITIES AND EXCHANGE COMMISSION




                              Washington, DC 20549

                                 CURRENT REPORT



                Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934




                          Date of Report: June 24, 1997



                               PECO ENERGY COMPANY
             (Exact name of registrant as specified in its charter)



                         PENNSYLVANIA 1-1401 23-0970240
                       (State or other (SEC (IRS Employer
                   jurisdiction of file number) Identification
                             incorporation) Number)




              230l Market Street, Philadelphia, Pennsylvania 19101
               (Address of principal executive offices) (Zip Code)



               Registrant's telephone number, including area code:
                                 (215) 841-4000



<PAGE>


Item 5. Other Events

The Company and  UtiliCorp  United today  announced  the formation of EnergyOne,
L.L.C. (EnergyOne),  a separate nationwide marketing company that will integrate
traditional energy commodities with a portfolio of competitively priced products
and  services.  EnergyOne  is  an  expansion  of  a  national  branding  concept
introduced by UtiliCorp United in 1995.

Founding  partners  PECO  Energy and  UtiliCorp  each holds a 50 percent  equity
interest in EnergyOne,  with an aggregate investment totaling  approximately $22
million. EnergyOne will obtain revenues from franchise,  royalty and transaction
fees from participating distributors and suppliers.
                                     * * * *




<PAGE>



                                   SIGNATURES




Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.




                                                             PECO ENERGY COMPANY


                                                               s\ J. B. Mitchell
                                                        Vice President - Finance
                                                                   and Treasurer


June 24, 1997










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