Exhibit 23.1



                       CONSENT OF INDEPENDENT ACCOUNTANTS


We  hereby  consent  to the  incorporation  by  reference  in  the  Registration
Statement on Form S-8 (Registration No. 333-36739) of PECO Energy Company of our
report on our audits of the  financial  statements  of the PECO Energy  Employee
Savings  Plan as of December  31, 1997 and 1996 and for each of the two years in
the period ended December 31, 1997, dated June 29, 1998, which appears on page 3
of this Form 11-K.




COOPERS & LYBRAND  L.L.P.

2400 Eleven Penn Center
Philadelphia, PA 19103
June 29, 1998