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                                              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
March 31, 1994 and the related statements of income and cash
flows for the three-month periods ended March 31, 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
April 28, 1994





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