SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date earliest event reported) September 5, 1996 Commission Registrant, State of Incorporation, I.R.S. File Number Address and Telephone Number Employer Identifica tion No. 1-11299 ENTERGY CORPORATION 72-1229752 (a Delaware corporation) 639 Loyola Avenue New Orleans, Louisiana 70113 Telephone (504) 529-5262 1-2703 ENTERGY GULF STATES, INC. 74-0662730 (a Texas corporation) 350 Pine Street Beaumont, Texas 77701 Telephone (409) 838-6631 1-8474 ENTERGY LOUISIANA, INC. 72-0245590 (a Louisiana corporation) 639 Loyola Avenue New Orleans, Louisiana 70113 Telephone (504) 529-5262 Form 8-K Page 1 September 6, 1996 Item 5. Other Information Entergy Corporation, Entergy Gulf States, Inc. and Entergy Louisiana, Inc. On September 5, 1996, Entergy Gulf States, Inc. and Entergy Louisiana, Inc. filed with the Louisiana Public Service Commission proposals designed to achieve an orderly transition to retail electric competition in Louisiana, while protecting certain classes of ratepayers from unfairly bearing the burden of cost shifting. The proposals do not increase rates for any customer class, but provide for a universal service charge for customers that remain connected to the Entergy Gulf States, Inc. or Entergy Louisiana, Inc. electric distribution systems but choose to purchase their electricity from another source. For customers that continue to purchase electricity from these utilities, electric bills would not increase under these proposals because the charge is already included in electric rates. The plan also includes a base rate freeze, which would be put into effect for seven years in the Entergy Gulf States, Inc. and Entergy Louisiana, Inc. service areas within Louisiana. These companies also would make certain accounting adjustments to permit a complete recovery of the investment in the River Bend and Waterford 3 nuclear units in seven years, which would be about one-fourth the currently authorized recovery period. Form 8-K Page 2 September 6, 1996 The Louisiana Public Service Commission is studying the issue of electric competition in a proceeding that it instituted in 1995. Both Entergy Gulf States, Inc. and Entergy Louisiana, Inc. are participants in that proceeding. Entergy Gulf States, Inc. is a wholly-owned electric and gas utility subsidiary, and Entergy Louisiana, Inc. is a wholly-owned electric utility subsidiary, of Entergy Corporation. Form 8-K Page 3 September 6, 1996 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ENTERGY CORPORATION By: /s/ Louis E. Buck, Jr. Louis E. Buck, Jr. Vice President and Chief Accounting Officer ENTERGY GULF STATES, INC. By: /s/ Louis E. Buck, Jr. Louis E. Buck, Jr. Vice President and Chief Accounting Officer ENTERGY LOUISIANA, INC. By: /s/ Louis E. Buck, Jr. Louis E. Buck, Jr. Vice President and Chief Accounting Officer Dated: September 6, 1996