Exhibit 15.1



                        Report of Independent Accountants



To the Stockholders and Directors
 of Boston Edison Company


We have reviewed the accompanying consolidated balance sheet of Boston Edison 
Company (the Company) and subsidiaries as of June 30, 1994 and the related 
statements of income and cash flows for the three and six-month periods ended 
June 30, 1994 and 1993.  These financial statements are the responsibility of
the Company's management.

We conducted our review in accordance with standards established by the
American Institute of Certified Public Accountants.  A review of interim
financial information consists principally of applying analytical procedures
to financial data and making inquiries of persons responsible for financial
and accounting matters.  It is substantially less in scope than an audit
conducted in accordance with generally accepted auditing standards, the
objective of which is the expression of an opinion regarding the financial
statements taken as a whole.  Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material modifications that should
be made to the accompanying financial statements in order for them to be in 
conformity with generally accepted accounting principles.




Boston, Massachusetts			COOPERS & LYBRAND L.L.P.
July 28, 1994
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