Exhibit (23)-2
                                         Commonwealth Edison Company
                                         Form 10-Q/A  File No. 1-1839



                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
                   -----------------------------------------



     As independent public accountants, we hereby consent to the incorporation
by reference of our report in this Form 10-Q/A for the quarterly period ended
June 30, 1999, into Commonwealth Edison Company's (the Company) previously filed
prospectuses as follows: (1) prospectus dated August 21, 1986, constituting part
of Form S-3 Registration Statement File No. 33-6879, as amended (relating to the
Company's Debt Securities and Common Stock); (2) prospectus dated January 7,
1994, constituting part of Form S-3 Registration Statement File No. 33-51379
(relating to the Company's Debt Securities and Cumulative Preference Stock); (3)
prospectus dated September 19, 1995, constituting part of Amendment No. 1 to
Form S-3 Registration Statement File No. 33-61343, as amended (relating to
Company-Obligated Mandatorily Redeemable Preferred Securities of ComEd Financing
I); (4) prospectus dated June 13, 1997 constituting part of Form S-4
Registration Statement File No. 333-28369 (relating to Company-Obligated
Mandatorily Redeemable Preferred Securities of ComEd Financing II); and (5) Form
S-8 Registration Statement File No. 333-33847 (relating to the Commonwealth
Edison Company Excess Benefit Savings Plan).

                                    Arthur Andersen LLP


Chicago, Illinois
May 12, 2000