<HTML>
<HEAD>

<TITLE>april6-8kace</TITLE>

</HEAD>
<BODY LINK="#0000ff" VLINK="#800080">

<TABLE BORDER=0 CELLSPACING=1 BORDERCOLOR="#000000" CELLPADDING=7 WIDTH=637>
<TR><TD VALIGN="TOP" COLSPAN=7>
<B><FONT SIZE=6 COLOR="#0000ff"><P ALIGN="CENTER">UNITED STATES</P>
</FONT><FONT SIZE=4 COLOR="#0000ff"><P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D. C. 20549</B></FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=7>
<P ALIGN="CENTER">Form 8-K</TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=7>
<FONT SIZE=2><P ALIGN="CENTER">CURRENT REPORT</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=7>
<FONT SIZE=2><P ALIGN="CENTER">PURSUANT TO SECTION 13 or 15(d) OF THE<BR>
SECURITIES EXCHANGE ACT OF 1934</FONT></TD>
</TR>
<TR><TD WIDTH="70%" VALIGN="TOP" COLSPAN=5>
<FONT SIZE=2><P>Date of Report (Date of earliest event reported)</FONT></TD>
<TD WIDTH="30%" VALIGN="TOP" COLSPAN=2>
<U><FONT SIZE=2><P ALIGN="CENTER">April 1, 2004</U></FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=7>
<U><FONT SIZE=2><P ALIGN="CENTER">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ATLANTIC CITY ELECTRIC COMPANY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <BR>
</U>(Exact name of registrant as specified in its charter)</FONT></TD>
</TR>
<TR><TD WIDTH="47%" VALIGN="TOP" COLSPAN=4>
<U><FONT SIZE=2><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
</U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(State or other jurisdiction<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; of incorporation)</FONT></TD>
<TD WIDTH="24%" VALIGN="TOP">
<U><FONT SIZE=2><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;001-3559&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
</U>(Commission File <BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Number)</FONT></TD>
<TD WIDTH="30%" VALIGN="TOP" COLSPAN=2>
<U><FONT SIZE=2><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21-0398280&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
</U>(I.R.S. Employer <BR>
Identification No.)</FONT></TD>
</TR>
<TR><TD WIDTH="70%" VALIGN="TOP" COLSPAN=5>
<U><FONT SIZE=2><P ALIGN="CENTER">800 King Street, P.O. Box 231, Wilmington, Delaware<BR>
</U>(Address of principal executive offices</FONT></TD>
<TD WIDTH="30%" VALIGN="TOP" COLSPAN=2>
<U><FONT SIZE=2><P ALIGN="CENTER">&nbsp;&nbsp;19899&nbsp;&nbsp;&nbsp;<BR>
</U>(Zip Code)</FONT></TD>
</TR>
<TR><TD WIDTH="70%" VALIGN="TOP" COLSPAN=5>
<FONT SIZE=2><P>Registrant's telephone number, including area code</FONT></TD>
<TD WIDTH="30%" VALIGN="TOP" COLSPAN=2>
<U><FONT SIZE=2><P ALIGN="CENTER">(302) 429-3018</U></FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=7>
<U><FONT SIZE=2><P ALIGN="CENTER">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
</U>(Former Name or Former Address, if Changed Since Last Report)</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=7>
<B><U><FONT SIZE=2 COLOR="#0000ff"><P ALIGN="CENTER">_________________________________________________________________________________________</B></U></FONT></TD>
</TR>
<TR><TD WIDTH="17%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="83%" VALIGN="TOP" COLSPAN=6>
<FONT SIZE=2><P ALIGN="RIGHT">ATLANTIC CITY ELECTRIC<BR>
COMPANY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
Form 8-K&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR><TD WIDTH="17%" VALIGN="TOP" HEIGHT=15>
<FONT SIZE=2><P>Item 5.</FONT></TD>
<TD WIDTH="83%" VALIGN="TOP" COLSPAN=6 HEIGHT=15>
<U><FONT SIZE=2><P>Other Events</U>.</FONT></TD>
</TR>
<TR><TD WIDTH="17%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="83%" VALIGN="TOP" COLSPAN=6>
<FONT SIZE=2><P>Atlantic City Electric Company (the "Company") has entered into a Purchase Agreement, dated April 1, 2004, between the Company and Banc One Capital Markets, Inc., Scotia Capital (USA) Inc., and Wachovia Capital Markets, LLC (the "Purchase Agreement"), for the offer and sale of $120,000,000 in aggregate principal amount of 5.80% Senior Notes due May 15, 2034 (the "Senior Notes") issued under the Indenture, dated as of April&nbsp;1, 2004, between the Company and The Bank of New York, as trustee (the "Senior Note Indenture"). The offer and sale of the Senior Notes are registered with the Securities and Exchange Commission on Registration Statement on Form S-3 (Registration No. 333-108861).</FONT></TD>
</TR>
<TR><TD WIDTH="17%" VALIGN="TOP" HEIGHT=30>
<FONT SIZE=2><P>Item 7.</FONT></TD>
<TD WIDTH="83%" VALIGN="TOP" COLSPAN=6 HEIGHT=30>
<U><FONT SIZE=2><P>Financial Statements, <I>Pro Forma </I>Financial Information and Exhibits</U>.</FONT></TD>
</TR>
<TR><TD WIDTH="17%" VALIGN="TOP" HEIGHT=30><P></P></TD>
<TD WIDTH="83%" VALIGN="TOP" COLSPAN=6 HEIGHT=30>
<FONT SIZE=2><P>(c)&nbsp;&nbsp;&nbsp;Exhibits</FONT></TD>
</TR>
<TR><TD WIDTH="17%" VALIGN="TOP" HEIGHT=28><P></P></TD>
<TD WIDTH="20%" VALIGN="TOP" HEIGHT=28>
<U><FONT SIZE=2><P>Exhibit No.</U></FONT></TD>
<TD WIDTH="39%" VALIGN="TOP" COLSPAN=4 HEIGHT=28>
<U><FONT SIZE=2><P>Description of Exhibit</U></FONT></TD>
<TD WIDTH="25%" VALIGN="TOP" HEIGHT=28>
<U><FONT SIZE=2><P>Reference</U></FONT></TD>
</TR>
<TR><TD WIDTH="17%" VALIGN="TOP" HEIGHT=31><P></P></TD>
<TD WIDTH="20%" VALIGN="TOP" HEIGHT=31>
<FONT SIZE=2><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1</FONT></TD>
<TD WIDTH="39%" VALIGN="TOP" COLSPAN=4 HEIGHT=31>
<FONT SIZE=2><P>Purchase Agreement.</FONT></TD>
<TD WIDTH="25%" VALIGN="TOP" HEIGHT=31>
<FONT SIZE=2><P>Filed herewith.</FONT></TD>
</TR>
<TR><TD WIDTH="17%" VALIGN="TOP" HEIGHT=31><P></P></TD>
<TD WIDTH="20%" VALIGN="TOP" HEIGHT=31>
<FONT SIZE=2><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.1</FONT></TD>
<TD WIDTH="39%" VALIGN="TOP" COLSPAN=4 HEIGHT=31>
<FONT SIZE=2><P>Form of Senior Note.</FONT></TD>
<TD WIDTH="25%" VALIGN="TOP" HEIGHT=31>
<FONT SIZE=2><P>Filed herewith.</FONT></TD>
</TR>
<TR><TD WIDTH="17%" VALIGN="TOP" HEIGHT=31><P></P></TD>
<TD WIDTH="20%" VALIGN="TOP" HEIGHT=31>
<FONT SIZE=2><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2</FONT></TD>
<TD WIDTH="39%" VALIGN="TOP" COLSPAN=4 HEIGHT=31>
<FONT SIZE=2><P>Senior Note Indenture.</FONT></TD>
<TD WIDTH="25%" VALIGN="TOP" HEIGHT=31>
<FONT SIZE=2><P>Filed herewith.</FONT></TD>
</TR>
<TR><TD WIDTH="17%" VALIGN="TOP" HEIGHT=31><P></P></TD>
<TD WIDTH="20%" VALIGN="TOP" HEIGHT=31>
<FONT SIZE=2><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.3</FONT></TD>
<TD WIDTH="39%" VALIGN="TOP" COLSPAN=4 HEIGHT=31>
<FONT SIZE=2><P>Supplemental Indenture.</FONT></TD>
<TD WIDTH="25%" VALIGN="TOP" HEIGHT=31>
<FONT SIZE=2><P>Filed herewith.</FONT></TD>
</TR>
<TR><TD WIDTH="17%" VALIGN="TOP" HEIGHT=31><P></P></TD>
<TD WIDTH="20%" VALIGN="TOP" HEIGHT=31>
<FONT SIZE=2><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5</FONT></TD>
<TD WIDTH="39%" VALIGN="TOP" COLSPAN=4 HEIGHT=31>
<FONT SIZE=2><P>Opinion of Kirk J. Emge</FONT></TD>
<TD WIDTH="25%" VALIGN="TOP" HEIGHT=31>
<FONT SIZE=2><P>Filed herewith.</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=7 HEIGHT=84>
<U><FONT SIZE=2><P ALIGN="CENTER">Signatures</P>
</U><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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. </FONT></TD>
</TR>
<TR><TD WIDTH="42%" VALIGN="TOP" COLSPAN=3>
<FONT SIZE=2><P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>April 6, 2004<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DATE</FONT></TD>
<TD WIDTH="58%" VALIGN="TOP" COLSPAN=4>
<FONT SIZE=2><P>ATLANTIC CITY ELECTRIC COMPANY<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Registrant)</P>
<P>By:&nbsp;&nbsp;&nbsp;&nbsp;<U>&nbsp;&nbsp;&nbsp;JOSEPH M. RIGBY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Joseph M. Rigby<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;President and Chief Executive Officer </FONT></TD>
</TR>
<TR><TD VALIGN="BOTTOM" COLSPAN=7 HEIGHT=30>
<FONT SIZE=2><P ALIGN="CENTER">-2-</FONT></TD>
</TR>
<TR><TD VALIGN="BOTTOM" COLSPAN=7 HEIGHT=30>
<B><FONT SIZE=2 COLOR="#0000ff"><P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<U><P ALIGN="CENTER">_________________________________________________________________________________________</B></U></FONT></TD>
</TR>
</TABLE>

</BODY>
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "april6-8kace.htm", "description": "CURRENT REPORT ON FORM 8-K", "secsgml_size_bytes": 9771}, {"type": "8-K", "sequence": "9", "filename": "april6-8kace.pdf", "description": "CURRENT REPORT ON FORM 8-K PDF FILE", "secsgml_size_bytes": 89083}]
{"company-data": {"conformed-name": "ATLANTIC CITY ELECTRIC CO", "cik": "0000008192", "assigned-sic": "4911", "irs-number": "210398280", "state-of-incorporation": "NJ", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-03559", "film-number": "04720581"}, "business-address": {"street1": "800 KING STREET", "street2": "PO BOX 231", "city": "WILMINGTON", "state": "DE", "zip": "19899", "phone": "6096454100"}, "mail-address": {"street1": "800 KING STREET", "street2": "PO BOX 231", "city": "WILMINGTON", "state": "DE", "zip": "19899"}}
april6-8kace
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)
April 1, 2004
ATLANTIC CITY ELECTRIC COMPANY
(Exact name of registrant as specified in its charter)
New Jersey
(State or other jurisdiction
of incorporation)
001-3559
(Commission File
Number)
21-0398280
(I.R.S. Employer
Identification No.)
800 King Street, P.O. Box 231, Wilmington, Delaware
(Address of principal executive offices
19899
(Zip Code)
Registrant's telephone number, including area code
(302) 429-3018
(Former Name or Former Address, if Changed Since Last Report)
_________________________________________________________________________________________
ATLANTIC CITY ELECTRIC
COMPANY
Form 8-K
Item 5.
Other Events
.
Atlantic City Electric Company (the "Company") has entered into a Purchase Agreement, dated April 1, 2004, between the Company and Banc One Capital Markets, Inc., Scotia Capital (USA) Inc., and Wachovia Capital Markets, LLC (the "Purchase Agreement"), for the offer and sale of $120,000,000 in aggregate principal amount of 5.80% Senior Notes due May 15, 2034 (the "Senior Notes") issued under the Indenture, dated as of April 1, 2004, between the Company and The Bank of New York, as trustee (the "Senior Note Indenture"). The offer and sale of the Senior Notes are registered with the Securities and Exchange Commission on Registration Statement on Form S-3 (Registration No. 333-108861).
Item 7.
Financial Statements,
Pro Forma
Financial Information and Exhibits
.
(c)   Exhibits
Exhibit No.
Description of Exhibit
Reference
1
Purchase Agreement.
Filed herewith.
4.1
Form of Senior Note.
Filed herewith.
4.2
Senior Note Indenture.
Filed herewith.
4.3
Supplemental Indenture.
Filed herewith.
5
Opinion of Kirk J. Emge
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.
April 6, 2004
DATE
ATLANTIC CITY ELECTRIC COMPANY
(Registrant)
By:
JOSEPH M. RIGBY
Joseph M. Rigby
President and Chief Executive Officer
-2-
_________________________________________________________________________________________