35-CERT

               SECURITIES AND EXCHANGE COMMISSION

                           Washington, D.C.

   In the matter of                           )
                                              )
EASTERN UTILITIES ASSOCIATES                  )
Boston, Massachusetts                         )
                                              )
EUA COGENEX CORPORATION                       ) Certificate of
Lowell, Massachusetts                         ) Notification
                                              ) Pursuant to
                                              ) Rule 24
   (70-8255)                                  )
                                              )
(Public Utility Holding Company Act of 1935)  )


   Enclosed herewith for filing by Eastern Utilities Associates and
its wholly-owned subsidiary, EUA Cogenex Corporation, in accordance
with the Order of the Securities and Exchange Commission entered in
the above matter on January 28, 1994 (Release No. 35-25982) and
pursuant to Rule 24, are the balance sheet, the income statement, and the
statement of cash flows of Northeast Energy Management, Inc.
for the quarter ended September 30, 1994.

                                 EASTERN UTILITIES ASSOCIATES

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


                                 EUA COGENEX CORPORATION

                                 By: /s/ Basil G. Pallone
                                     Basil G. Pallone
                                     Vice President


Dated:  November 15, 1994

EX-99

                    NORTHEAST ENERGY MANAGEMENT, INC.
                              BALANCE SHEET
                           SEPTEMBER 30, 1994
                             ($ IN THOUSANDS)





                    ASSETS


Current assets:
          Cash and cash equivalents                                  367
          Customer accounts receivable                               462
          Other accounts receivable                                  228
          Prepayments and other current assets                         2
                    Total current assets                           1,059


Property and equipment                                             8,694
Less: accumulated amortization                                     1,815

                    Net property and equipment                     6,879


Other non current assets:

          Intangible assets, net                                     433
          Prepaid deferred taxes and other non current assets      1,486

                                                                   1,919


                              Total assets                         9,857

                    LIABILITIES


Current liabilities:
          Notes payable - associated companies                       617
          Accounts payable -associated companies                      46

                    Total current liabilities                        663


Other non current liabilities:

          Deferred credits                                           912
          Accumulated deferred income taxes                       (3,472)

                    Total other non current liabilities           (2,560)


Stockholder's equity:

          Common stock                                                 1
          Paid in capital                                         10,846
          Retained Earnings                                          907

                    Total stockholder's equity                    11,754

                    Total liabilities and equity                   9,857

                 NORTHEAST ENERGY MANAGEMENT, INC.
                          INCOME STATEMENT
                          NINE MONTHS ENDED
                         SEPTEMBER 30, 1994
                           (In thousands)


Operating Revenues                                  $2,252
Cost of Goods Sold                                     396

          Gross Profit                               1,856

Operating Expenses                                     108

          Income from Operations                     1,748

Other Income & Deductions                              (36)

Interest Expense:
   Interest Debt                                        86
      Total Interest Expense                            86

          Income before Income Taxes                 1,626

Provision for Income Taxes                             556

          Net Income                                $1,070


                  EUA NEMI
           STATEMENT OF CASH FLOWS
  FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1994
             (IN THOUSANDS)



Cash flow from operating activities:

Net income                                               $1,070
Adjustments to reconcile net income to net
    cash provided by operating activities:
        Depreciation and amortization                       555
        Deferred taxes                                      774
        Deferred revenues                                  (182)
        Other - net                                        (228)
        Changes in operating assets and liabilities        (225)

         Net cash provided from operating activities      1,764


Cash flow from investing activities:

        Construction expenditures                             0

         Net cash used in investing activities                0


Cash flow from financing activities:

        Net increase in short-term debt                  (1,400)

         Net cash provided from financing activities     (1,400)


Net increase in cash and cash equivalents                   364

Cash and cash equivalents at beginning of year                3

Cash and cash equivalents at end of year                   $367



Supplemental disclosures of cash flow information:
    Cash paid during the year for:
            Interest, net of amounts capitalized             $0

EX-27

 

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<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   9-MOS
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<INCOME-TAX-EXPENSE>                               556
<OTHER-OPERATING-EXPENSES>                         108
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<OTHER-INCOME-NET>                                (36)
<INCOME-BEFORE-INTEREST-EXPEN>                    1712
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