We report on a systematic study of energetic electron spectra in the inner magnetosphere. The observations were made from the low-altitude satellite S81-1 during the period June-November 1982. The electron spectrometers covered the energy range 6 keV to 1 MeV. In most geographic areas the electron energy spectra are smooth, but in the region of the South Atlantic Anomaly the spectra often consist of a series of broad peaks. The number of peaks is typically three, but may be as many as eight, or in some cases there may be none. The peak-to-valley ratios are often an order of magnitude or more. Peaks in the spectra of electrons from 100 keV to above 1 MeV at higher altitudes have been reported earlier in conjunction with geomagnetic storms. At the 250-km nominal altitude of the S81-1 observations, peaks in the energetic electron spectra are observed on most days and at all levels of geomagnetic activity.