REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS




To The Board of Directors of
Providence Energy Corporation:

We  have  audited, in accordance with generally accepted  auditing
standards,  the  consolidated  financial  statements  included  in
Providence  Energy  Corporation's annual  report  to  shareholders
incorporated by reference in this Form 10-K, and have  issued  our
report  thereon dated November 17, 1995.  Our audit was  made  for
the  purpose of forming an opinion on those statements taken as  a
whole.  The schedule listed in the accompanying index to financial
statements  is the responsibility of the Company's management  and
is  presented  for purposes of complying with the  Securities  and
Exchange Commission's rules and is not part of the basic financial
statements.   This  schedule has been subjected  to  the  auditing
procedures  applied in the audit of the basic financial statements
and, in our opinion, fairly states, in all material respects,  the
financial  data required to be set forth therein, in  relation  to
the basic financial statements taken as a whole.



Arthur Andersen LLP





Boston, Massachusetts
November 17, 1995









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