POTOMAC ELECTRIC POWER CO
11-K, 1995-12-01
ELECTRIC SERVICES
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                                    Commission file number 1-1072





                      SECURITIES AND EXCHANGE COMMISSION

                           WASHINGTON, D. C.  20549

                         =============================


                                   FORM 11-K


                         =============================


                                 ANNUAL REPORT

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

                    For The Fiscal Year Ended June 30, 1995


                        ==============================


                        POTOMAC ELECTRIC POWER COMPANY
                  SAVINGS PLAN FOR BARGAINING UNIT EMPLOYEES


                        POTOMAC ELECTRIC POWER COMPANY

                        1900 PENNSYLVANIA AVENUE, N.W.
                           WASHINGTON, D. C.  20068

<PAGE>



                                                PEPCO SAVINGS PLAN
                                                FORM 11-K - 1995




                                   SIGNATURE
                                   ---------

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

                              POTOMAC ELECTRIC POWER COMPANY
                              SAVINGS PLAN FOR BARGAINING UNIT EMPLOYEES





                              By /s/ H. LOWELL DAVIS
                                ----------------------------------------
                                       H. Lowell Davis, Chairman
                                         Administrative Board




Dated:  December 1, 1995 



                                                      EXHIBIT 23






                  POTOMAC ELECTRIC POWER COMPANY
            SAVINGS PLAN FOR BARGAINING UNIT EMPLOYEES





                Consent of Independent Accountants




We hereby consent to the incorporation by reference in the
Registration Statements on Forms S-8 (Numbers 33-36798 and 33-53685)
of the Potomac Electric Power Company Savings Plan for Bargaining
Unit Employees of our report dated November 2, 1995, appearing on
page 1 of this Form 11-K.







/S/  Price Waterhouse LLP
PRICE WATERHOUSE LLP

Washington, D.C.
December 1, 1995



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