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 earliest event reported) July 30, 1999
                                                       --------------

                         PENNSYLVANIA ELECTRIC COMPANY
                         -----------------------------
               (Exact Name of Registrant as Specified in Charter)


PENNSYLVANIA                     1-3522                  25-0718085
- --------------------------------------------------------------------------------
(State or Other              (Commission              (IRS Employer
Jurisdiction of               File Number)            Identification No.)
Incorporation)



                   2800 Pottsville Pike, Reading, PA 19640-001
- --------------------------------------------------------------------------------
             (Address of Principal Executive Offices) (Zip Code)


Registrant's telephone number, including area code: 610-929-3601
                                                    ------------








Item 5.           Other Events.
- -------           -------------

      On July 30, 1999,  Pennsylvania  Electric Company (the "Company")  entered
into a Selling  Agency  Agreement  with  Salomon  Smith  Barney Inc. and Banc of
America Securities LLC, as agents (the "Agents"), providing for the issuance and
sale of up to  $275,000,000  aggregate  principal  amount of Medium  Term Notes,
Series E. Reference is made to the Company's Prospectus dated July 30, 1999, for
further information regarding the offering, including the use of proceeds.

Item 7.           Financial Statements, Pro Forma Financial
- -------           -----------------------------------------
                  Information and Exhibits.
                  -------------------------

      (c)   Exhibits

            (1)   Selling  Agency  Agreement,   dated  July  30,  1999,  between
                  Pennsylvania  Electric  Company and Salomon Smith Barney Inc.,
                  and Banc of America Securities LLC, as agents.







                                   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.



                                    Pennsylvania Electric Company


                                    By:   /s/ T. G. Howson
                                       --------------------------
                                         T.G.Howson
                                         Vice President and Treasurer


Date:   August 5, 1999