SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
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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):
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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