EXHIBIT 23.2
                                                                    ------------


                                   [FORM OF]


                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


As independent public accountants, we hereby consent to the incorporation by
reference in this Registration Statement of Exelon Corporation on Form S-8 of
our report dated January 31, 2000 (except with respect to Notes 1 and 3, to
which the date is May 12, 2000) appearing in the Annual Report on Form 10-K and
Form 10-K/A of Unicom Corporation for the year ended December 31, 1999 and our
report dated May 12, 2000, appearing in the Quarterly Report on Form 10-Q of
Unicom Corporation for the quarter ended March 31, 1999. We also consent to the
reference to us under the heading "Experts" in the Prospectus, which is part of
this Registration Statement.



ARTHUR ANDERSEN LLP

Chicago, Illinois
November 13, 2000