EUA COGENEX CORP
U-12-IB, 1994-02-23
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Effective August 1, 1938
Revised December 31, 1941


                           SECURITIES AND EXCHANGE COMMISSION
                                       WASHINGTON

                           Form U-12(1)-B (Annual Statement)
                                 Calendar Year 1993


STATEMENT PURSUANT TO SECTION 12(i) OF PUBLIC UTILITY HOLDING COMPANY ACT OF
     1935 BY A PERSON REGULARLY EMPLOYED OR RETAINED BY A REGISTERED HOLDING
     COMPANY OR A SUBSIDIARY THEREOF AND WHOSE EMPLOYMENT CONTEMPLATES ONLY
     ROUTINE EXPENSES AS SPECIFIED IN RULE U-71(b).

1.   Name and Business address of person filing statement.

     Joseph S. Fitzpatrick
     Boott Mills South
     100 Foot of John Street
     Lowell, MA  01852

2.   Names and business addresses of any persons through whom the undersigned
     proposes to act in matters included within the exemption provided by
     paragraph (b) of Rule U-71.


     None


3.   Registered holding companies and subsidiary companies by which the
     undersigned is regularly employed or retained.


     EUA Cogenex Corporation
     EUA Service Corporation


4.   Position or relationship in which the undersigned is employed or retained
     by each of the companies named in item 3, and brief description of nature
     of services to be rendered in each such position or relationship.

     President and Director of EUA Cogenex Corporation
     Vice President and Director of EUA Service Corporation

5.   (a) Compensation received during the prior year and to be received during
     the calendar year by the undersigned or others, directly or indirectly,
     for services rendered by the undersigned, from each of the companies
     designated in item 3.  (Use column (a) as supplementary statement only).
<TABLE>
<CAPTION>
______________________________________________________________________________
                      !  Salary or other compensations  !  Person or company
                      !_________________________________!  from whom received
   Name of recipient  ! Received during ! to be received!  or to be received
                      ! prior year (a)  !      (b)      !
_<S>__________________!_<C>_____________!_______________!__<C>_______________
Joseph S. Fitzpatrick !  $198,527.00    !               ! EUA Cogenex Corp.
- ----------------------!-----------------!---------------!--------------------

</TABLE>

     (b) Basis for compensation if other than salary.

6.   (To be answered in supplementary statement only.  See instructions.)
     Expenses incurred by the undersigned or any person named in Item 2,
     above, during the calendar year in connection with the activities
     described in Item 4, above, and the source or sources of reimbursement
     for same.

          (a)  Total amount of routine expenses charged to client:
               $      None
                 ---------------
          (b)  Itemized list of all other expenses:



Date         February 14, 1994         (Signed)  /s/ Joseph S. Fitzpatrick
    ----------------------------------          ------------------------------
                                                     Joseph S. Fitzpatrick
U12JSF



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