BANKERS TRUST COMPANY
One Bankers Trust Plaza
New York, New York  10006


Clarke S. Edgar                         Mailing Address:
Vice President                          P.O. Box 318
Telephone: 212-250-9399                 Church Street Station
                                        New York, NY 10008
     

                                        April 13, 1995



Securities and Exchange Commission
SEC Document Control
450 Fifth Street, N.W.
Washington, DC  20549
Attn:  Filing Desk


Dear Sirs:

     Re:  Revised Filing of Schedule 13G on
          Northeast Utilities
          

Enclosed is a revised copy of the Schedule 13g filed via EDGAR on 
February 15, 1995 by Bankers Trust New York Corporation and Its Wholly-
Owned  Subsidiary, Bankers Trust Company, as Trustee for various
employee benefit plans, and investment advisor; and its indirect wholly-
owned subsidiary, and BT Holdings, pertaining to its holdings in the 
equity securities of Northeast Utilities.  Please note the revisions 
indicated by an ASTERISK (*) on Page 2, item 1, 4, 5, 7, 9, 11 & 12, and 
page 5, item 4a, b, c and item 5.

Please acknowledge your receipt of this letter and the REVISED Schedule 
13G filing submission through the EDGAR-Link System software, by E-Mail
confirmation.

                                        Sincerely,

                                        /s/Clarke S. Edgar


Enclosures

                              









            SECURITIES AND EXCHANGE COMMISSION
                  Washington, D.C.  20549


                       SCHEDULE 13G


         Under the Securities Exchange Act of 1934
                   (Amendment No.  1 )*
                                 ____

            	Northeast Utilities
          _______________________________________
                      NAME OF ISSUER:
              Common Stock (Par Value $5.00)
          _______________________________________
               TITLE OF CLASS OF SECURITIES
                         664397106
          _______________________________________
                       CUSIP NUMBER


     Check the following box if a fee is being paid with
     this statement [ ].  (A fee is not required only if
     the filing person: (1) has a previous statement on
     file reporting beneficial ownership of more than five
     percent of the class of securities described in Item
     1; and (2) has filed no amendment subsequent thereto
     reporting beneficial ownership of five percent or less
     of such class.) (See Rule 13d-7.)

     *The remainder of this cover page shall be filled out
     for a reporting person's initial filing on this form
     with respect to the subject class of securities, and
     for any subsequent amendment containing information
     which would alter the disclosures provided in a prior
     cover page.

     The information required in the remainder of this
     cover page shall not be deemed to be "filed" for the
     purpose of Section 18 of the Securities Exchange Act
     of 1934 ("Act") or otherwise subject to the
     liabilities of that section of the Act but shall be
     subject to all other provisions of the Act (however,
     see the Notes).


             (Continued on following page(s))

                     Page 1 of 4 Pages



CUSIP No. 664397106                     Page 2 of 4 Pages


1.NAME OF REPORTING PERSON
  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Bankers Trust New York Corporation and Its Wholly-Owned Subsidiary,        
Bankers Trust Company, as Trustee for various employee benefit plans,   
and investment advisor; and its indirect wholly-owned subsidiary,   BT 
Holdings BT 13-6180473 (*)

2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
          (A)  [ ]
          (B)  [X]                                           

3.SEC USE ONLY


4.CITIZENSHIP OR PLACE OF ORGANIZATION

Both Bankers Trust New York Corporation and Bankers Trust
Company are New York Corporations; BT Holdings CO is a New York 
Corporation. (*)

 NUMBER OF     5. SOLE VOTING POWER
          
  SHARES            3,730,122 (*)

BENEFICIALLY   6. SHARED VOTING POWER

 OWNED BY           3,262

  EACH         7. SOLE DISPOSITIVE POWER

REPORTING           4,522,820 (*)
          
 PERSON        8. SHARED DISPOSITIVE POWER
       
  WITH              3,262

9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                    4,526,082 (*)

10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(9) EXCLUDES CERTAIN
   SHARES *

                    

11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                    3.6% (*)

12.TYPE OF REPORTING PERSON * (*)

     	Bankers Trust New York Corporation - HC
     	Bankers Trust Company - BK
	BT Holdings - CO 

___________________________
	
(*) Revisions


                                                      3

Item 4    OWNERSHIP:

               (a)  Amount Beneficially Owned: 4,526,082 (*)

               (b)  Percent of Class: 3.6% (*)

               (c)  Number of shares as to which such person has:

                       (i)  sole power to vote or to direct the   
                                vote - 3,730,122 (*)

                      (ii)  shared power to vote or to direct the 
                                vote - 3,262

                     (iii)  sole power to dispose or to direct the 
                               disposition of - 4,522,820 (*)

                      (iv)  shared power to dispose or to direct  
                                the disposition of - 3,262

Item 5         OWNERSHIP OF FIVE PERCENT OF LESS OF A CLASS:

                    [X] (*)

Item 6         Not Applicable.

Item 10        CERTIFICATION:

                    By signing below I certify that, to the best of
my knowledge and belief, the securities referred to above were
acquired in the ordinary course of business and were not acquired
for the purpose of and not have the effect of changing or
influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any
transaction having such purpose or effect.

_________________________

(*) Revisions


                                                      4

SIGNATURE:

                    After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set forth in
this statement is true, complete and correct.

Date:          As of December 31, 1994

Signature:   Bankers Trust New York Corporation


By:     /s/         James T. Byrne, Jr.
Name:               James T. Byrne, Jr.

Title:              Secretary


Signature:   Bankers Trust Company, as Trustee for various trusts,
and employee benefit plans, and investment advisor.


Signature:  Bankers Trust Company


By:   /s/        James T. Byrne, Jr.
Name:            James T. Byrne, Jr.

Title:           Secretary


Signature:  BT Holdings


By:   /s/        Duncan P. Hennes
Name:            Duncan P. Hennes

Title:           Managing Director