Exhibit 99.1



                       Report of Independent Accountants



To the Board of Trustees and Shareholders:


We have reviewed the accompanying condensed consolidated balance sheet of NSTAR
and its subsidiaries as of June 30, 2000 and the related consolidated statement
of income, of comprehensive income and of retained earnings for each of the
three-month and six-month periods ended June 30, 2000 and June 30, 1999 and the
consolidated statement of cash flows for the six-month periods ended June 30,
2000 and June 30, 1999.  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 analyti8cal 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 condensed consolidated interim financial statements
for them to be in conformity with generally accepted accounting principles.

We previously audited in accordance with generally accepted auditing standards,
the consolidated balance sheet as of December 31, 1999, and the related
consolidated statements of income, of comprehensive income, of retained earnings
and of cash flows for the year then ended (not presented herein), and in our
report dated January 26, 2000 we expressed an unqualified opinion on those
consolidated financial statements.  In our opinion, the information set forth in
the accompanying condensed consolidated balance sheet as of June 30, 2000, is
fairly stated in all material respects in relation to the consolidated balance
sheet from which it has been derived.


PricewaterhouseCoopers LLP
Boston, Massachusetts
August 11, 2000