EXHIBIT 11.0

                      NRG Generating (U. S.) INC.
               Computation of Earnings Per Common Share
           (Dollars in thousands, except per share amounts)




                                                     Three Months Ended            Nine Months Ended
                                                September 30,   September 30,  September 30, September 30,
                                                    1997           1996            1997          1996

                                                                                    
Net income (loss) applicable to
  common shares:
    Net income (loss)                           $    2,793     $     4,806    $      7,351    $   (11,832)

Primary:
  Shares for common and common share
  equivalent earnings (loss) per share (1):
    Weighted average number of
      common shares outstanding                  6,440,514       6,422,014       6,440,514      5,217,411
    Dilutive effect of outstanding
      stock options and warrants                   252,703               0         220,953              0

                                                 6,693,217       6,422,014       6,661,467      5,217,411

Net income (loss) per common share
  and common share equivalents                  $     0.42     $      0.75    $       1.10    $     (2.27)

Fully Diluted:
  Shares for common and common share
  equivalent earnings (loss) per share (2):
    Weighted average number of
      common shares outstanding                  6,440,514       6,422,014       6,440,514      5,217,411
    Dilutive effect of outstanding
      stock options and warrants                   288,125               0         270,331              0

                                                 6,728,639       6,422,014       6,710,845      5,217,411

Net income (loss) per common share
  and common share equivalents                  $     0.42     $      0.75    $       1.10    $     (2.27)

<FN>
(1)  Outstanding  stock options, warrants, and shares  issuable  under
   employee  stock  purchase  plans  are  converted  to  common  share
   equivalents  by the treasury stock method using the average  market
   price of the Company's shares during each period.

(2)  Outstanding  stock options, warrants, and shares  issuable  under
   employee  stock  purchase  plans  are  converted  to  common  share
   equivalents by the treasury stock method using the greater  of  the
   average  market  price  or  the  period-end  market  price  of  the
   Company's shares during each period.