EXHIBIT 23




                       CONSENT OF INDEPENDENT ACCOUNTANTS



We consent to the  incorporation  by reference in the  Prospectuses  prepared in
accordance with the requirements of Forms S-3 (File  Nos.  333-19263,  33-61297,
33-57658,  33-49801, 33-33559 and 33-45260), Form S-4 (File  No. 33-64799),  and
Forms S-8 (File Nos. 33-56084 and 33-59545)  of  our  report  dated  January 17,
1997,  on  our  audits  of  the consolidated  financial  statements of Baltimore
Gas and Electric  Company and Subsidiaries (the "Company"), as of  December  31,
1996 and 1995 and for the years ended December 31, 1996, 1995 and 1994, included
in this Form 8-K dated March 7, 1997 of the Company.



                                                   /s/ Coopers & Lybrand L.L.P.

                                                   COOPERS & LYBRAND L.L.P.
March 7, 1997