PECO ENERGY CO
8-K, 1997-07-31
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: July 30, 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

As previously  reported in the Company's  Current Report on Form 8-K dated April
1, 1997, on that date,  the Company filed with the  Pennsylvania  Public Utility
Commission  (PUC)  its  Restructuring   Plan  pursuant  to  the   Commonwealth's
Electricity Generation Competition and Customer Choice Act.

On July 30, 1997,  the Company and various  other  parties  filed with the PUC a
Motion for  Continuance of Hearings in the Company's  Restructuring  Proceeding.
The purpose of the two-week  continuance is to facilitate the discussions  among
parties in this  litigation  intended  to produce an  acceptable  settlement  of
various issues.

                                     * * * *




<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


July 30, 1997










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