Filed Pursuant to Rule 424(b)(2)
                                Registration File No 33-61297

PRICING SUPPLEMENT NO. 8
Dated March 12, 1997 to
Prospectus dated September 8, 1995.


                          $225,000,000
               BALTIMORE GAS AND ELECTRIC COMPANY
                   Medium-Term Notes, Series D
        Due from 9 Months to 30 years from Date of Issue
                                
  
                            
Principal Amount:               $30,000,000

Original Issue Date:            March 14, 1997

Stated Maturity:                March 15, 1999

Optional Redemption Dates
  Prior to Stated Maturity:     None

Price to Public:                $30,000,000

Agent's Commission:             $60,000

Proceeds to Company:            $29,940,000

Form of Note:                   Book-Entry Note

Floating Rate Note Interest Rate Information:
- --------------------------------------------

  Initial Interest Rate:        5.5425%

  Initial Interest Period:      March 14, 1997 to June 16, 1997

  Interest Rate Formula:        LIBOR

  Index Maturity:               3 Months

  Spread:                       Minus 0.02%

  Maximum Interest Rate:        None

  Minimum Interest Rate:        None

  Interest Reset Dates and      Quarterly on the 16th of March,
    Interest Payment Dates:       June, September and December



                                Filed Pursuant to Rule 424(b)(2)
                                Registration File No 33-61297

PRICING SUPPLEMENT NO. 8
Dated March 12, 1997 to
Prospectus dated September 8, 1995.


                          $225,000,000
               BALTIMORE GAS AND ELECTRIC COMPANY
                   Medium-Term Notes, Series D
        Due from 9 Months to 30 years from Date of Issue
                                
                           (Continued)


  Interest Determination        Second Business Day preceding
    Date and Calculation Date:    the Interest Reset Date

  Calculation Agent:            The Chase Manhattan Bank

  Record Dates:                 15 calendar days prior to each
                                  Interest Payment Date

     This Pricing Supplement relates to the original issuance and
sale by Baltimore Gas and Electric Company (the "Company") of the
Medium-Term  Notes,  Series D, described  herein  through  Lehman
Brothers or Goldman, Sachs & Co., as agents.

       Medium-Term   Notes,  Series  D,  may  be   issued   under
Registration Statement No. 33-61297 (which also serves  as  Post-
Effective Amendment No. 1 to Registration Statement No. 33-57704)
by  the  Company  in a principal amount of up to $225,000,000  in
gross  proceeds  and,  to  date,  including  this  offering,   an
aggregate of $168,000,000 has been issued.

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