File No. 70-9543



                             UNITED STATES OF AMERICA
                        SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C. 20549


Application of Northeast )    CERTIFICATE PURSUANT TO
Utilities and Northeast  )    RULE 24 UNDER THE PUBLIC
Generation Services      )    UTILITY HOLDING COMPANY ACT
Company on Form U-1      )    OF 1935


     Pursuant to the requirements of Rule 24 under the Public Utility Holding
Company Act of 1935, Northeast Utilities ("NU"), a registered holding company,
hereby files this quarterly report as required by the Securities and Exchange
Commission's order authorizing the use of proceeds of financing transaction
for investment in Exempt Wholesale Generators.  (HCAR No. 35-27148, March 7,
2000, File No. 70-9543) ("Order").

     For the quarter ended September 30, 2000, the following information is
reported pursuant to the Order.

1) A computation in accordance with rule 53(a) (as modified by the Commission's
   order in this proceeding) of NU's aggregate investment in EWGs.

   As of September 30, 2000, NU's aggregate investment in EWGs was
   approximately $469.5 million, or 74% of its average Consolidated Retained
   Earnings of approximately $638.8 million.

2) Consolidated capitalization ratios of NU as of the end of that quarter,
   with consolidated debt to include all short-term debt and non-recourse debt
   of the EWG:

   NU Consolidated Capitalization

                                         As of September 30, 2000
                                         ------------------------
                                         (thousands
                                          of dollars)      %
                                         ------------     -----
   Common shareholders' equity            $2,413,785       37.9%
   Preferred stock                           277,700        4.3
   Long-term and short-term debt           3,683,667       57.8
                                          ----------      -----
                                          $6,375,152      100.0%
                                          ==========      =====

3) Analysis of the growth in consolidated retained earnings which segregates
   total earnings growth of Northeast Generation Company (NGC) from that
   attributable to other subsidiaries of NU.

   Retained Earnings statement as of September 30, 2000

                                                                    NU
                                                    NGC        CONSOLIDATED
                                                    ---        ------------
                                                     (Thousands of Dollars)

   Beginning balance as of July 1, 2000          $  6,974       $  639,973
   Additions:
      Net income                                    8,181           65,543
   Deductions:
      Dividends declared-common shares               -             (14,352)
                                                   --------       ----------
   Ending balance as of September 30, 2000       $ 15,155       $  691,164
                                                   ========       ==========

4) A statement of revenues and net income for the EWG for the twelve months
   ending as of the end of that quarter.

   NGC
   Twelve months ended September 30, 2000*

                    (Thousands of Dollars)

   Revenues               $ 75,589

   Net Income             $ 15,742

*NGC commenced operations in March of 2000.




                                     SIGNATURE

     Pursuant to the requirements of the Public Utility Holding Company Act of
1935, the undersigned company has duly caused this Certificate to be signed on
its behalf by the undersigned thereunto duly authorized.



/s/ John J. Roman
    -----------------------------
    John J. Roman
    Vice President and Controller
    Northeast Utilities
    P.O. Box 270
    Hartford, CT 06141-0270
    November 28, 2000