<PAGE>
                               POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that I, Susan W. Catherwood of Bryn Mawr, PA, do
hereby appoint C. A. MC NEILL, JR. attorney for me and in my name and on my
behalf to sign the annual Securities and Exchange Commission report on Form
10-K for 1998 of PECO Energy Company, to be filed with the Securities and
Exchange Commission, and generally to do and perform all things necessary to be
done in the premises as fully and effectually in all respects as I could do if
personally present.




                                                  /s/ Susan W. Catherwood
                                                  -----------------------
DATE: 1/27/99
 
<PAGE>

                               POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that I, Daniel L. Cooper of Wyomissing, PA, do
hereby appoint C. A. MC NEILL, JR. attorney for me and in my name and on my
behalf to sign the annual Securities and Exchange Commission report on Form
10-K for 1998 of PECO Energy Company, to be filed with the Securities and
Exchange Commission, and generally to do and perform all things necessary to be
done in the premises as fully and effectually in all respects as I could do if
personally present.




                                                  /s/ Daniel L. Cooper
                                                  --------------------
DATE: 1/26/99
 
<PAGE>

                               POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that I, M. Walter D'Alessio of Philadelphia, PA,
do hereby appoint C. A. MC NEILL, JR. attorney for me and in my name and on my
behalf to sign the annual Securities and Exchange Commission report on Form
10-K for 1998 of PECO Energy Company, to be filed with the Securities and
Exchange Commission, and generally to do and perform all things necessary to be
done in the premises as fully and effectually in all respects as I could do if
personally present.




                                                  /s/ M. Walter D' Alessio
                                                  ------------------------
DATE: 1/26/99
 
<PAGE>

                               POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that I, G. Fred DiBona, Jr. of Bryn Mawr, PA, do
hereby appoint C. A. MC NEILL, JR. attorney for me and in my name and on my
behalf to sign the annual Securities and Exchange Commission report on Form
10-K for 1998 of PECO Energy Company, to be filed with the Securities and
Exchange Commission, and generally to do and perform all things necessary to be
done in the premises as fully and effectually in all respects as I could do if
personally present.




                                                  /s/ G. Fred DiBona, Jr.
                                                  -----------------------
DATE: 2/2/99
 
<PAGE>

                               POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that I, R. Keith Elliott of Mendenhall, PA, do
hereby appoint C. A. MC NEILL, JR. attorney for me and in my name and on my
behalf to sign the annual Securities and Exchange Commission report on Form
10-K for 1998 of PECO Energy Company, to be filed with the Securities and
Exchange Commission, and generally to do and perform all things necessary to be
done in the premises as fully and effectually in all respects as I could do if
personally present.




                                                  /s/ R. Keith Elliott
                                                  --------------------
DATE: 1/26/99
 
<PAGE>

                               POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that I, Richard H. Glanton of Philadelphia, PA,
do hereby appoint C. A. MC NEILL, JR. attorney for me and in my name and on my
behalf to sign the annual Securities and Exchange Commission report on Form
10-K for 1998 of PECO Energy Company, to be filed with the Securities and
Exchange Commission, and generally to do and perform all things necessary to be
done in the premises as fully and effectually in all respects as I could do if
personally present.




                                                  /s/ Richard H. Glanton
                                                  ----------------------
DATE: 1/26/99
 
<PAGE>

                               POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that I, Rosemarie B. Greco of Philadelphia, PA,
do hereby appoint C. A. MC NEILL, JR. attorney for me and in my name and on my
behalf to sign the annual Securities and Exchange Commission report on Form
10-K for 1998 of PECO Energy Company, to be filed with the Securities and
Exchange Commission, and generally to do and perform all things necessary to be
done in the premises as fully and effectually in all respects as I could do if
personally present.




                                                  /s/ Rosemarie B. Greco
                                                  ----------------------
DATE: 1/26/99
 
<PAGE>

                               POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that I, Dr. John M. Palms of Columbia, SC, do
hereby appoint C. A. MC NEILL, JR. attorney for me and in my name and on my
behalf to sign the annual Securities and Exchange Commission report on Form
10-K for 1998 of PECO Energy Company, to be filed with the Securities and
Exchange Commission, and generally to do and perform all things necessary to be
done in the premises as fully and effectually in all respects as I could do if
personally present.




                                                  /s/ Dr. John M. Palms
                                                  ---------------------
DATE: 1/26/99
 
<PAGE>

                               POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that I, Joseph F. Paquette, Jr. of Gladwyne, PA,
do hereby appoint C. A. MC NEILL, JR. attorney for me and in my name and on my
behalf to sign the annual Securities and Exchange Commission report on Form
10-K for 1998 of PECO Energy Company, to be filed with the Securities and
Exchange Commission, and generally to do and perform all things necessary to be
done in the premises as fully and effectually in all respects as I could do if
personally present.




                                                  /s/ Joseph F. Paquette, Jr.
                                                  ---------------------------
DATE: 1/26/99
 
<PAGE>

                               POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that I, Ronald Rubin of Narberth, PA, do hereby
appoint C. A. MC NEILL, JR. attorney for me and in my name and on my behalf to
sign the annual Securities and Exchange Commission report on Form 10-K for 1998
of PECO Energy Company, to be filed with the Securities and Exchange
Commission, and generally to do and perform all things necessary to be done in
the premises as fully and effectually in all respects as I could do if
personally present.




                                                  /s/ Ronald Rubin
                                                  ----------------
DATE: 1/26/99
 
<PAGE>

                               POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that I, Robert Subin of Blue Bell, PA, do hereby
appoint C. A. MC NEILL, JR. attorney for me and in my name and on my behalf to
sign the annual Securities and Exchange Commission report on Form 10-K for 1998
of PECO Energy Company, to be filed with the Securities and Exchange
Commission, and generally to do and perform all things necessary to be done in
the premises as fully and effectually in all respects as I could do if
personally present.




                                                  /s/ Robert Subin
                                                  ----------------
DATE: 1/26/99