UNITED STATES


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 of earliest event reported)

January 25, 2002

             POTOMAC ELECTRIC POWER COMPANY            
(Exact name of registrant as specified in its charter)

District of Columbia and Virginia
     (State or other jurisdiction
            of incorporation)

          1-1072         
(Commission File      Number)

     53-0127880     
(I.R.S. Employer
Identification No.)

701 Ninth Street, N. W., Washington, D. C
(Address of principal executive offices

  20068   
(Zip Code)

Registrant's telephone number, including area code

(202) 872-3526


                                                                                                                                 
(Former Name or Former Address, if Changed Since Last Report)

 

                                                                                                                                                                        PEPCO
                                                                                                                                                                        Form 8-K
   

Item 7.

Financial Statements and Exhibits.

  
 

(c)  Exhibits

  
 

Exhibit No.

Description of Exhibit

Reference
 

       12

       23

       99

Computation of Ratios

Consent of Independent Accountants

The 2001 consolidated financial statements of the Company and Subsidiaries, together with the report thereon of PricewaterhouseCoopers dated January 18, 2002; and Management's Discussion and Analysis of Consolidated Results of Operations and Financial Condition as well as selected financial data.

Filed herewith.

Filed herewith.







Filed herewith.





                                                                                       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.

                                                                                                            Potomac Electric Power Company
                                                                                                                                  (Registrant)


                                                                                                          By:                    A.W. WILLIAMS        
                                                                                                                             Andrew W. Williams
                                                                                                                       Senior Vice President and
                                                                                                                         Chief Financial Officer

January 25, 2002
      DATE












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