U-12-IB

              FORM U-12(I)-B (THREE-YEAR STATEMENT)

                SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, D.C.

                  Three-Year Period Ending 2001

              FORM U-12(I)-B (THREE-YEAR STATEMENT)

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 71(b)

(To be filed in DUPLICATE.  If acknowledgment is desired, file in triplicate)

1. Name and business address of person filing statement.

  See attached Exhibit A
  
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.

   New England Power Service Company and associated companies, including New
   England Electric System.

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.

  See attached Exhibit A

5. (a) Compensation received during the current year and estimated to be
   received over the next two calendar years 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.)

   See attached Exhibit B

(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:

      See attached Exhibit B

  (b) Itemized list of other expenses:          None



New England Power Service Company



     s/ Carlos A. Gavilondo
By:  ____________________________________________
     Carlos A. Gavilondo


     s/ Ronald T. Gerwatowski
By:  ____________________________________________
     Ronald T. Gerwatowski 


     s/ James S. Robinson
By:  ____________________________________________
     James S. Robinson


     s/ Masheed H. Rosenqvist
By:  ____________________________________________
     Masheed H. Rosenqvist 





Date: February 2, 1999

EX-99

                          EXHIBIT INDEX



Exhibit No.         Description                          Page
- -----------         -----------                          ----

   A         Names, positions, corporate affiliations    Filed
             and business addresses of individuals who   herewith
             may act during 1999, 2000, and 2001 in
             matters included within the exemption
             provided by paragraph (b) of Rule 71

   B         Compensation received during the current    Filed
             year and estimated to be received over the  herewith
             next two calendar years and total amount
             of routine expenses charged to client in 1998

EX-99

                                                       EXHIBIT A


Names, positions, corporate affiliations and business addresses of individuals
who may act during 1999, 2000, and 2001 in matters included within the
exemption provided by paragraph (b) of Rule 71:

New England Power Service Company

Carlos A. Gavilondo
Senior Attorney

Ronald T. Gerwatowski
Senior Counsel, New England Power Service Company and
General Counsel, The Narragansett Electric Company

James S. Robinson
Vice President and Director of Generation Investments

Masheed Rosenqvist
Vice President and Director 
of Transmission Marketing

Unless otherwise noted, the business address of the above listed persons is:

   25 Research Drive
   Westborough, MA 01582

The duties of each of the above-listed individuals may require, among other
things, such appearances as may be necessary before the Federal Energy
Regulatory Commission, the Securities and Exchange Commission, and, possibly
on rare occasions, Congress, or the staff of the Commissions or Congress, to
present or discuss matters affecting the New England Electric System
companies.  The time devoted to such activities represents only a small
fraction of the time devoted to the duties of their above-listed positions.

EX-99

                                                  EXHIBIT B



                   Total Compensation
Name of Recipient  Received in 1998(A)       Estimated Compensation (B)
- -----------------  -------------------     ------------------------------
                                        1999     2000     2001
                                        ----     ----     ----
                                              

Carlos A. Gavilondo               88,779         88,779            88,779        88,779

Ronald T. Gerwatowski            130,715        115,932           115,932       115,932

James S. Robinson                149,247        111,085           111,085       111,085

Masheed H. Rosenqvist            130,412        116,846           116,846       116,846




(A)  Does not include incentive compensation, if any, for 1998, which amount
     is not determined at this time.  Includes bonuses paid to recipient in
     calendar year 1998 and contributions made to 401(K) plan and excludes
     health insurance amounts and dependent care spending and health care
     spending allowances paid by employee and amounts reported to the IRS as
     taxable compensation re: life insurance and other fringe benefits.

(B)  Does not include an estimate of incentive compensation.





                              Total Amount of Routine Expenses
   Name                           Charged to Client in 1998
   ----                       --------------------------------
                                     

C. A. Gavilondo                                   $6,467

R. T. Gerwatowski                                 $5,612

J. S. Robinson                                   $12,443

M. H. Rosenqvist                                  $8,865