CONNECTICUT LIGHT & POWER CO
U-1/A, 1995-08-17
ELECTRIC SERVICES
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                                                            FILE No. 70-8641


                    SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C.  20549

                              Amendment No. 4

                                   to

                                Form U-1
               APPLICATION/DECLARATION WITH RESPECT TO BROKERING
                         AND MARKETING ACTIVITIES

                                   Under
               THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935


     HOLYOKE WATER POWER COMPANY
     WESTERN MASSACHUSETTS ELECTRIC          PUBLIC SERVICE COMPANY OF
       COMPANY                                 NEW HAMPSHIRE
     174 Brush Hill Avenue                   1000 Elm Street
     West Springfield, MA  01809             Manchester, NH  03015


     THE CONNECTICUT LIGHT AND POWER
       COMPANY
     NORTHEAST UTILITIES SERVICE COMPANY
     107 Selden Street
     Berlin, CT  06037


               (Names of companies filing this statement and
                 addresses of principal executive offices)

                             NORTHEAST UTILITIES
                    (Name of top registered holding company)

                             Robert P. Wax, Esq.
               Vice President, Secretary and General Counsel
                    Northeast Utilities Service Company
                            107 Selden Street
                         Berlin, Connecticut  06037
                    (Name and address of agent for service)

     The Commission is requested to mail signed copies of all orders, notices
     and communication to:

     Jeffrey C. Miller, Esq.            John B. Keane
     Assistant General Counsel          Vice President and Treasurer
     Northeast Utilities                Northeast Utilities
       Service Company                    Service Company
     107 Selden Street                  107 Selden Street
     Berlin, Connecticut  06037         Berlin, Connecticut  06037

     The Application-Declaration in this File No. 70-8641, as heretofore
amended, is hereby further amended as follows:

Item I. Description of Proposed Transactions

     Paragraph 15 of the Application-Declaration is restated to read as follows:


     15.  In addition, under certain circumstances, it may be necessary or
economically efficient to substitute other sources of energy for electricity
generated by an Operating Company.  For example, if electricity is being sold
across a transmission interface and the interface becomes constrained such that
the Operating Company is precluded from transmitting the power to the purchasing
utility, the Operating Company may be able to transfer some of its fuel supply
to the buying utility in order to allow the buying utility to generate a like
amount of power itself.  In this way the Operating Company would be able to
substitute one source of energy for another to effect the same sale of
electricity.  Similarly, if local environmental constraints preclude the
Operating Company from generating a certain amount of electricity for a
wholesale customer, and the customer is not subject to a similar constraint, the
Operating Company may be able to transfer some of its fuel supply to the buying
utility in order to allow the buying utility to generate a like amount of power
itself in an environmentally acceptable manner.  Another example would occur if
the marginal cost of the Operating Company's generation made it uneconomic for
the purchasing utility to buy a certain amount of power from the Operating
Company but it would be economic for that utility to purchase fuel from the
Operating Company and generate the power itself, the Operating Company may be
able to transfer some of its fuel supplies to the buying utility in order to
allow the buying utility to generate economically a like amount of power 
itself. Such fuel-for-energy activities are hereinafter included within the 
defined term "Marketing".  In no circumstances would such transactions involve
inter-affiliate transfers of fuel supplies in violation of any applicable law
or be disadvantageous to any franchise area customer.   

     Paragraph 24 of the original Application-Declaration is amended by deleting
the sentence therein and substituting the addition to Paragraph 24 filed with
Amendment No. 3 in this File.
 

                              SIGNATURE

Pursuant to the requirements of the Public Utility Holding Company Act of 1935,
the undersigned has duly caused this amendment to be signed on its behalf by the
undersigned thereunto duly authorized.




Date: August 16, 1995         THE CONNECTICUT LIGHT AND                    POWER
COMPANY
                              NORTHEAST UTILITIES SERVICE
                              COMPANY
                              WESTERN MASSACHUSETTS ELECTRIC
                              COMPANY
                              HOLYOKE WATER POWER COMPANY
                              PUBLIC SERVICE COMPANY OF NEW
                              HAMPSHIRE


                         By:   /s/ Jeffrey C. Miller                          
                               Jeffrey C. Miller
                               Their Attorney





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