<ARTICLE> UT <CIK> 0000078100 <NAME> PECO ENERGY COMPANY <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> MAR-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 10,986 <OTHER-PROPERTY-AND-INVEST> 243 <TOTAL-CURRENT-ASSETS> 566 <TOTAL-DEFERRED-CHARGES> 2,805 <OTHER-ASSETS> 579 <TOTAL-ASSETS> 15,179 <COMMON> 3,495 <CAPITAL-SURPLUS-PAID-IN> 1 <RETAINED-EARNINGS> 866 <TOTAL-COMMON-STOCKHOLDERS-EQ> 4,362 <PREFERRED-MANDATORY> 93 <PREFERRED> 278 <LONG-TERM-DEBT-NET> 4,602 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 376 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 110 <LEASES-CURRENT> 60 <OTHER-ITEMS-CAPITAL-AND-LIAB> 5,297 <TOT-CAPITALIZATION-AND-LIAB> 15,179 <GROSS-OPERATING-REVENUE> 1,059 <INCOME-TAX-EXPENSE> 98 <OTHER-OPERATING-EXPENSES> 704 <TOTAL-OPERATING-EXPENSES> 802 <OPERATING-INCOME-LOSS> 257 <OTHER-INCOME-NET> 5 <INCOME-BEFORE-INTEREST-EXPEN> 261 <TOTAL-INTEREST-EXPENSE> 109 <NET-INCOME> 152 <PREFERRED-STOCK-DIVIDENDS> 6 <EARNINGS-AVAILABLE-FOR-COMM> 146 <COMMON-STOCK-DIVIDENDS> 90 <TOTAL-INTEREST-ON-BONDS> 99 <CASH-FLOW-OPERATIONS> 242 <EPS-PRIMARY> .66 <EPS-DILUTED> .66