EASTERN UTILITIES ASSOCIATES
35-CERT, 1998-02-12
ELECTRIC SERVICES
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                       SECURITIES AND EXCHANGE COMMISSION
                                 Washington, D.C.
- --------------------------------------------
             In the Matter of               :
EASTERN UTILITIES ASSOCIATES                :
   Boston, Massachusetts                    :
EASTERN EDISON COMPANY                      :
   Brockton, Massachusetts                  :
BLACKSTONE VALLEY ELECTRIC COMPANY          : Certificate of Notification
   Lincoln, Rhode Island                    : Persuant to Rule 24
NEWPORT ELECTRIC CORPORATION                :
   Middletown, Rhode Island                 :
MONTAUP ELECTRIC COMPANY                    :
   Boston, Massachusetts                    :
               (70-8955)                    :
(Public Utility Holding Company Act of 1935):
- --------------------------------------------

Eastern Utilities Associates ("EUA"), Eastern Edison Company ("Eastern"),
Blackstone Valley Electric Company ("Blackstone"), Newport Electric
Corporation ("Newport"), and Montaup Electric Company ("Montaup"), and
their Affiliates, EUA Cogenex Corporation ("Cogenex"), EUA Ocean State
Corporation ("Ocean State"), EUA Service Corporation ("ESC"), EUA Energy
Investment Corporation ("EEIC"), and EUA Energy Services, Inc. ("EUA
Energy") (Affiliates are authorized to borrow under the Facility, but are
not required to be Declarants), in accordance with the Order of the
Securities and Exchange Commission entered in the above matter on April
15, 1997 hereby certify pursuant to Rule 24 that they have borrowed under
the Facility as follows:

EASTERN UTILITIES ASSOCIATES
Fleet Bank
      Week Ending          Total Borrowings          Range of Rates

       10/19/97                  30,000                  5.7400
       10/26/97                 780,000              5.8000 - 5.9900
       10/31/97               3,220,000              5.8000 - 6.0500

       11/02/97               3,220,000                  6.0500
       11/09/97               2,800,000              5.8000 - 6.0500
       11/16/97               4,010,000              5.8000 - 5.9300
       11/23/97               2,220,000              5.7400 - 6.0500
       11/30/97               1,190,000              5.8000 - 6.0500

       12/07/97                 230,000              5.7400 - 6.1100
       12/14/97                 400,000              5.6800 - 5.8600
       12/21/97               2,440,000              5.8000 - 6.1800
       12/28/97               2,540,000              5.7400 - 5.8600
       12/31/97               1,050,000              5.8600 - 6.8000

Bank of New York

       10/05/97               9,000,000                  5.9375
       10/12/97               9,000,000                  5.9375
       10/19/97               9,000,000                  5.9375
       10/26/97               7,500,000                  5.9375
       10/31/97               7,500,000                  5.9375

       11/02/97               7,500,000                  5.9375
       11/09/97               7,500,000                  5.9375
       11/16/97               7,500,000                  5.9375
       11/23/97               7,500,000                  5.9375
       11/30/97               4,750,000                  5.9375

       12/07/97               5,750,000              5.8500 - 5.9375
       12/14/97               5,750,000              5.8500 - 5.9375
       12/21/97               6,000,000              5.8500 - 5.9375
       12/28/97               6,000,000              5.9375 - 6.2500
       12/31/97               8,750,000              5.9375 - 6.2500

EASTERN EDISON COMPANY
Fleet Bank
      Week Ending          Total Borrowings          Range of Rates

       10/26/97                  90,000              5.8000 - 5.9900

       11/09/97                 740,000              5.8000 - 6.0500
       11/16/97               1,600,000                  5.8000
       11/23/97               4,700,000              5.7400 - 6.0500
       11/30/97                 100,000              5.8000 - 6.0500

       12/07/97               2,030,000                  5.7400
       12/14/97               2 250,000              5.6800 - 5.8600
       12/21/97               2,110,000              5.8000 - 6.1800

Bank of New York

       10/05/97               3,000,000                  5.9375
       10/12/97               3,000,000                  5.9375
       10/19/97               3,000,000                  5.9375

       11/30/97               7,000,000                  6.1250

       12/07/97               5,155,000              5.7500 - 6.0625
       12/14/97               3,825,000              5.6875 - 5.8125
       12/21/97               5,625,000              5.7500 - 6.1250
       12/28/97               5,625,000              5.6875 - 5.8125
       12/31/97               4,675,000              5.8125 - 6.9000



BLACKSTONE VALLEY ELECTRIC COMPANY
Fleet Bank
      Week Ending          Total Borrowings          Range of Rates


       10/26/97                 590,000              5.8000 - 5.9900

       11/16/97               1,000,000                  5.8000
       11/23/97               1,110,000              5.7400 - 6.0500
       11/30/97               1,210,000              5.8000 - 6.0500

       12/07/97               3,000,000                  5.7400
       12/14/97               3,780,000              5.6800 - 5.8600
       12/21/97               4,510,000              5.8000 - 6.1800
       12/28/97               2,220,000              5.7400 - 5.8600
       12/31/97               1,400,000              5.8600 - 6.8000

Bank of New York

       10/05/97               2,750,000                  5.9375
       10/12/97               2,750,000                  5.9375
       10/19/97               2,750,000                  5.9375

       11/30/97               7,000,000              5.8125 - 6.1250

NEWPORT ELECTRIC CORPORATION
Fleet Bank
      Week Ending          Total Borrowings          Range of Rates

       10/26/97                 250,000              5.8000 - 5.9900
       10/31/97                 290,000              5.8000 - 6.0500

       11/02/97                 290,000                  6.0500
       11/09/97               1,070,000              5.8000 - 6.0500
       11/16/97                 530,000              5.8000 - 5.9300
       11/23/97               1,180,000              5.7400 - 6.0500
       11/30/97               1,420,000              5.8000 - 6.0500

       12/07/97               1,030,000              5.7400 - 6.1100
       12/14/97                 530,000              5.6800 - 5.8600
       12/21/97                 290,000              5.8000 - 6.1800

Bank of New York

       10/05/97               2,500,000                  5.9375
       10/12/97               2,500,000                  5.9375
       10/19/97               2,500,000                  5.9375
       10/26/97               1,500,000                  5.9375
       10/31/97               1,500,000                  5.9375

       11/02/97               1,500,000                  5.9375
       11/09/97               1,500,000                  5.9375
       11/16/97               1,500,000                  5.9375
       11/23/97               1,500,000                  5.9375
       11/30/97               1,500,000                  5.9375

       12/07/97               1,500,000                  5.9375
       12/14/97               1,500,000                  5.9375
       12/21/97               1,500,000                  5.9375
       12/28/97               1,000,000                  6.2500
       12/31/97               1,000,000                  6.2500

EUA OCEAN STATE CORPORATION
Fleet Bank
      Week Ending          Total Borrowings          Range of Rates

       10/05/97               1,950,000              5.7400 - 6.0500
       10/12/97               1,950,000              5.6800 - 5.8600
       10/19/97                 520,000              5.7400 - 5.9300
       10/26/97               1,440,000              5.8000 - 5.9900
       10/31/97               1,440,000              5.8000 - 6.0500

       11/02/97               1,440,000                  6.0500
       11/09/97               1,440,000              5.8000 - 6.0500
       11/16/97                 420,000              5.8000 - 5.9300
       11/23/97                 420,000              5.7400 - 6.0500
       11/30/97               1,460,000              5.8000 - 6.0500

       12/07/97               3,420,000              5.7400 - 6.1100
       12/14/97               3,420,000              5.6800 - 5.8600
       12/21/97               1,350,000              5.8000 - 6.1800
       12/28/97               1,360,000              5.7400 - 5.8600
       12/31/97               2,860,000              5.8600 - 6.8000

Bank of New York

       10/05/97               1,000,000                  5.9375
       10/12/97               1,000,000                  5.9375
       10/19/97               1,000,000                  5.9375
       10/26/97               1,000,000                  5.9375
       10/31/97               1,000,000                  5.9375

       11/02/97               1,000,000                  5.9375
       11/09/97               1,000,000                  5.9375
       11/16/97               1,000,000                  5.9375
       11/23/97               1,000,000                  5.9375
       11/30/97               1,000,000                  5.9375

       12/07/97               1,000,000                  5.9375
       12/14/97               1,000,000                  5.9375
       12/21/97               2,500,000              5.8500 - 5.9375
       12/28/97               2,500,000              5.8500 - 6.2500
       12/31/97               1,000,000                  6.2500

EUA COGENEX CORPORATION
Fleet Bank
      Week Ending          Total Borrowings          Range of Rates

       10/05/97              10,720,000              5.7400 - 6.0500
       10/12/97              11,430,000              5.6800 - 5.8600
       10/19/97              11,955,000              5.6800 - 5.9300
       10/26/97                 195,000              5.8000 - 5.9900


       11/09/97                 610,000              5.8000 - 6.0500
       11/16/97               1,430,000              5.8000 - 5.9300
       11/23/97                 920,000              5.7400 - 6.0500
       11/30/97              13,260,000              5.8000 - 6.0500

       12/07/97               3,610,000              5.7400 - 6.1100
       12/14/97               4,720,000              5.7400 - 5.8600
       12/21/97               3,840,000              5.8000 - 6.1800
       12/28/97               4,370,000              5.7400 - 5.8600
       12/31/97               9,050,000              5.8600 - 6.8000

Bank of New York

       10/05/97              18,000,000                  5.9375
       10/12/97              18,000,000                  5.9375
       10/19/97              18,000,000                  5.9375
       10/26/97              28,500,000                  5.9375
       10/31/97              28,500,000                  5.9375

       11/02/97              28,500,000                  5.9375
       11/09/97              28,500,000                  5.9375
       11/16/97              28,500,000                  5.9375
       11/23/97              28,500,000                  5.9375
       11/30/97              28,500,000                  5.9375

       12/07/97              38,500,000              5.9375 - 5.9400
       12/14/97              38,500,000              5.9375 - 5.9400
       12/21/97              38,500,000              5.9375 - 5.9400
       12/28/97              38,500,000              5.9375 - 6.2500
       12/31/97              38,500,000                  6.2500

     The foregoing borrowings were steps in the consummation of a
series of transactions during the period ending December 31, 1997 in
accordance with the terms and conditions of and for the purposes
represented by, the joint application-declaration, as amended, as filed
in said matter and the Order with respect hereto.

                                 EASTERN UTILITIES ASSOCIATES
                                 EASTERN EDISON COMPANY
                                 BLACKSTONE VALLEY ELECTRIC COMPANY
                                 NEWPORT ELECTRIC CORPORATION
                                 MONTAUP ELECTRIC COMPANY



                                 By:  Clifford J. Hebert, Jr.
                                      Treasurer
Date:  February 12, 1998


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