EXHIBIT 24

                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS, that each of the undersigned, being a
director or officer of General Electric Company, a New York corporation (the
"Company"), hereby constitutes and appoints John F. Welch, Benjamin W. Heineman,
Jr., Dennis D. Dammerman, and Philip D. Ameen and each of them, his or her true
and lawful attorney-in-fact and agent, with full power of substitution and
resubstitution, for him or her and in his or her name, place and stead in any
and all capacities, to sign one or more Registration Statements under the
Securities Act of 1933, as amended, on Form S-3 or such other form as such
attorneys-in-fact, or any of them, may deem necessary or desirable, any
amendments thereto, and all post-effective amendments and supplements to such
registration statement, for the registration of securities to be offered and
sold pursuant to the GE Stock-Based Compensation and Incentive Plan for
Consultants, Advisors and Independent Contractors, in such forms as they or any
one of them may approve, and to file the same with all exhibits thereto and
other documents in connection therewith with the Securities and Exchange
Commission, granting unto said attorneys-in-fact and agents, and each of them,
full power and authority to do and perform each and every act and thing
requisite and necessary to be done to the end that such Registration Statement
or Registration Statements shall comply with the Securities Act of 1933, as
amended, and the applicable Rules and Regulations adopted or issued pursuant
thereto, as fully and to all intents and purposes as he or she might or could do
in person, hereby ratifying and confirming all that said attorneys-in-fact and
agents, or any of them or their substitute or resubstitute, may lawfully do or
cause to be done by virtue hereof.

         IN WITNESS WHEREOF, each of the undersigned has hereunto set his or her
hand this 26th day of June, 1998.

John F. Welch                               Dennis D. Dammerman
Chairman of the Board                       Senior Vice President -
(Principal Executive                        Finance (Principal
Officer and Director)                       Financial Officer and Director)

                         Philip D. Ameen
                         Vice President and Comptroller
                         (Principal Accounting Officer)


James I. Cash, Jr.                                   Director
Silas S. Cathcart                                    Director
Paolo Fresco                                         Director
Claudio X. Gonzalez                                  Director
Gertrude G. Michelson                                Director
Eugene F. Murphy                                     Director
Sam Nunn                                             Director
John D. Opie                                         Director
Roger S. Penske                                      Director
Frank H. T. Rhodes                                   Director
Andrew C. Sigler                                     Director
Douglas A. Warner III                                Director

(A majority of the Board of Directors)