SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 of the
Securities Exchange Act of 1934
Date of Earliest Event Reported: June 24, 1999
NEW ENGLAND ELECTRIC SYSTEM
(exact name of registrant as specified in charter)
Massachusetts 1-3446 04-1663060
(state or other (Commission (I.R.S. Employer
jurisdiction of File No.) Identification No.)
incorporation)
25 Research Drive, Westborough, Massachusetts 01582
(Address of principal executive offices)
(508) 389-2000
(Registrant's telephone number, including area code)
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Item 5. Other Events
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On June 30, 1999, the Connecticut Department of Public
Utility Control voted to approve the proposed merger between New
England Electric System (NEES) and The National Grid Group plc
(National Grid). The Connecticut approval was required because
New England Power Company, a NEES subsidiary, has an ownership
interest in the Millstone 3 power plant.
On June 24, 1999, the Massachusetts Department of
Telecommunications and Energy certified to the Securities and
Exchange Commission (SEC) that the proposed NEES/National Grid
merger would not interfere with its authority or ability to
protect customers of NEES subsidiaries Massachusetts Electric
Company and Nantucket Electric Company. Several other regulatory
approvals are required to complete the proposed merger.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this Current Report on
Form 8-K to be signed on its behalf by the undersigned thereunto
duly authorized.
NEW ENGLAND ELECTRIC SYSTEM
By
John G. Cochrane
Vice President, Treasurer and
Chief Accounting Officer
Date: July __, 1999
The name "New England Electric System" means the trustee or
trustees for the time being (as trustee or trustees but not
personally) under an agreement and declaration of trust dated
January 2, 1926, as amended, which is hereby referred to, and a
copy of which as amended has been filed with the Secretary of The
Commonwealth of Massachusetts. Any agreement, obligation or
liability made, entered into or incurred by or on behalf of New
England Electric System binds only its trust estate, and no
shareholder, director, trustee, officer or agent thereof assumes
or shall be held to any liability therefor.
