35-CERT

               SECURITIES AND EXCHANGE COMMISSION

                           Washington, D.C.

   In the matter of                           )
                                              )
EASTERN UTILITIES ASSOCIATES                  )
Boston, Massachusetts                         )
                                              )
EUA ENERGY INVESTMENT CORPORATION             ) Certificate of
Lowell, Massachusetts                         ) Notification
                                              ) Pursuant to
                                              ) Rule 24
   (70-8283)                                  )
                                              )
(Public Utility Holding Company Act of 1935)  )


   Enclosed herewith for filing by Eastern Utilities Associates and
its wholly-owned subsidiary, EUA Energy Investment Corporation, in
accordance with the Order of the Securities and Exchange Commission
entered in the above matter on January 24, 1994 (Release No. 35-25976)
and pursuant to Rule 24, are the balance sheet, the income statement,
and statement of cash flows for the period ended June 30, 1994 of
TransCapacity Limited Partnership, reflecting the investments to-date
therein by EUA Energy Investment Corporation and by its wholly-owned
subsidiary EUA TransCapacity Inc..


                                 EASTERN UTILITIES ASSOCIATES

                                 By: /s/ Clifford J. Hebert, Jr.
                                     Clifford J. Hebert, Jr.
                                     Treasurer



Dated:  August 11 , 1994

EX-99

                      EUA ENERGY INVESTMENT CORPORATION
                      INVESTMENT IN TRANSCAPACITY L.P.
                              SECOND QUARTER 1994


(1) In the second quarter of 1994 TransCapacity L.P. continued to work
    on development of the data base and computer software system.
    It is anticipated the system will be operational by Sept. 15, 1994.

(2) EUA Energy advanced $150,000 in capital contributions to
    TransCapacity L.P. in the second quarter of 1994.  On a cumulative
    basis EUA Energy has invested $2,000,000 in TransCapacity.

(3) Services were provided by nine (9) EUA Service Corporation staff
    personnel in the following areas:
     o Attending TransCapacity partnership meetings
     o Negotiating outside services contracts on behalf of TransCapacity
     o Development of a TransCapacity marketing/advertising plan
     o Software development and communications

(4) TransCapacity L.P. Financial Statements for the second quarter 1994.

                               TRANSCAPACITY L.P.
                           CONDENSED BALANCE SHEET
                                 June 30, 1994
                                  (Unaudited)
                          (In Thousands of Dollars)

                                   ASSETS
Fixed Assets:
  Property and Equipment, net                                   $373
  Organization Costs, net                                         26
  Other Assets                                                     8
          Total Fixed Assets                                     407
Current Assets:
  Cash and Temporary Cash Investments                            (43)
  Accounts Receivable                                              9
  Notes Receivable                                               334
  Other Current Assets                                             3
          Total Current Assets                                   302
  TOTAL ASSETS                                                  $709

                                 LIABILITIES
Partnership Equity:
  Partnership Equity - EUA TransCapacity                      $1,274
  Partnership Equity - NCRSCo                                   (367)
  Partnership Equity - TransCapacity SC                         (539)
          Total Partnership Equity                               368
Long Term Liabilities:
  Long term portion of capital lease liability                    10
          Total Long Term Liabilities                             10
          Total Capitalization                                   378
Current Liabilities:
  Accounts Payable                                                99
  Current portion of capital lease liability                       9
  Notes Payable                                                   55
  Accrued Expenses                                               168
  Other Current Liabilities                                        0
          Total Current Liabilities                              331
  TOTAL LIABILITIES AND EQUITY                                  $709

                               TRANSCAPACITY L.P.
                         CONDENSED INCOME STATEMENT
                 For the Quarter Ended and YTD June 30, 1994
                                  (Unaudited)
                          (In Thousands of Dollars)

                                          QUARTER ENDED           YTD

Operating Income                                    $53         $113

Operating Expenses:
  Revenue Related Expenses                            0            0
  General & Administrative                          706        1,121
  Depreciation & Amortization                        20           36
          Total Operating Expenses                  727        1,157
Operating Income                                   (674)      (1,044)
Other Income and Deductions                           7           12
  Income Before Interest Charges                   (667)      (1,032)
Interest Charges                                      2            4
  Income After Interest Charges                    (669)      (1,036)
Pre-tax Net Income                                ($669)     ($1,036)



                               TRANSCAPACITY L.P.
                           STATEMENT OF CASH FLOWS
                    YTD for the Month Ended June 30, 1994
                                  (Unaudited)
                          (In Thousands of Dollars)


Operating Activities:
Pre-tax Net Income                                           ($1,036)
Depreciation & Amortization                                       36
Change in Assets and Liabilities:
  Accounts & Notes Receivable                                     33
  Accounts & Notes Payable                                        39
  Accrued Expenses                                               117
  Other (Net)                                                     (1)
          Net Operating Activities                              (812)
Financing Activities:
Equity Contributions                                           2,000
Long-term Debt                                                     0
Other (Net)                                                   (1,850)
          Net Financing Activities                               150
Investing Activities:
Marketable Securities                                            500
Payments for Affiliate Expenses                                 (173)
Capital Expenditures                                            (230)
Other                                                             (3)
          Net Investing Activities                                94
Cash Provided (Used)                                           ($568)

(5) Number of transactions processed by TransCapacity L.P. during the
    second quarter of 1994 - NONE.

    Number of transactions processed by TransCapacity L.P. during the
    second quarter for customers located in New England - NONE.

(6) Number of TransCapacity L.P. customers as of the end of the second
    quarter of 1994 - NONE.

    Number of TransCapacity L.P. customers as of the end of the second
    quarter located in New England - NONE.