WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from SERI's
financial statements for quarter ended March 31, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<SUBSIDIARY>
   <NUMBER> 012
   <NAME> SYSTEM ENERGY RESOURCES, INC.
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1996
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    2,630,740
<OTHER-PROPERTY-AND-INVEST>                     43,770
<TOTAL-CURRENT-ASSETS>                         204,122
<TOTAL-DEFERRED-CHARGES>                       557,664
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                               3,436,296
<COMMON>                                       789,350
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                             75,151
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 864,501
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<LONG-TERM-DEBT-NET>                         1,221,152
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                  250,000
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                     34,033
<LEASES-CURRENT>                                28,000
<OTHER-ITEMS-CAPITAL-AND-LIAB>               1,038,610
<TOT-CAPITALIZATION-AND-LIAB>                3,436,296
<GROSS-OPERATING-REVENUE>                      156,424
<INCOME-TAX-EXPENSE>                            20,692
<OTHER-OPERATING-EXPENSES>                      73,486
<TOTAL-OPERATING-EXPENSES>                      94,178
<OPERATING-INCOME-LOSS>                         62,246
<OTHER-INCOME-NET>                                 874
<INCOME-BEFORE-INTEREST-EXPEN>                  63,120
<TOTAL-INTEREST-EXPENSE>                        39,590
<NET-INCOME>                                    23,530
<PREFERRED-STOCK-DIVIDENDS>                          0
<EARNINGS-AVAILABLE-FOR-COMM>                   23,530
<COMMON-STOCK-DIVIDENDS>                        23,300
<TOTAL-INTEREST-ON-BONDS>                            0
<CASH-FLOW-OPERATIONS>                          67,667
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0