SYSTEM ENERGY RESOURCES INC
POS AMC, 1995-07-28
ELECTRIC SERVICES
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                                                 File No. 70-8511

               SECURITIES AND EXCHANGE COMMISSION
                    WASHINGTON,  D. C.  20549
                                
                _________________________________
                                
                 Post-Effective Amendment No. 1
                               to 
                    APPLICATION - DECLARATION
                              Under
         THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
                                
                _________________________________
                                
System Energy Resources, Inc.    Entergy Corporation
1340 Echelon Parkway             P.O. Box 61005
Jackson, Mississippi 39213       New Orleans, Louisiana  70161
Telephone:  601-368-5000         Telephone:  504-529-5262
                                 
Arkansas Power & Light Company   Louisiana Power & Light Company
P.O. Box 551                     639 Loyola Avenue
Little Rock, Arkansas  72203     New Orleans, Louisiana  70113
Telephone:  501-377-4000         Telephone:  504-569-4000
                                 
Mississippi Power & Light        New Orleans Public Service Inc.
  Company                        639 Loyola Avenue
P.O. Box 1640                    New Orleans, Louisiana  70113
Jackson, Mississippi  39205      Telephone:  504-569-4000
Telephone:  601-969-2311         
                                
                                
     (Names of companies filing this statement and addresses
                 of principal executive offices)
                                
               __________________________________
                                
                       ENTERGY CORPORATION
                                
             (Name of top registered holding company
             parent of each applicant or declarant)
                                
                _________________________________
                                
                    Gerald D. McInvale
                    Senior Vice President and Chief Financial Officer
                    System Entergy Resources, Inc.
                    1340 Echelon Parkway
                    Jackson, Mississippi  39213


             (Name and address of agent for service)
                                
              _____________________________________
                                
         The Commission is also requested to send copies
      of communications in connection with this matter to:
                                

Laurence M. Hamric, Esq.       Robert B. McGehee, Esq.
Denise C. Redmann, Esq.        Wise Carter Child & Caraway
Entergy Services, Inc.         600 Heritage Building
639 Loyola Avenue              P.O. Box 651
New Orleans, Louisiana 70113   Congress at Capitol
(504) 576-2095                 Jackson, Mississippi 39205
                               (601) 968-5500
                               
Thomas J. Igoe, Jr., Esq.      David P. Falck, Esq.
Reid & Priest                  Winthrop, Stimson, Putnam &
40 West 57th Street            Roberts
New York, New York  10019      One Battery Park Plaza
(212) 603-2110                 New York, New York  10004
                               (212) 858-1438
                               
Steven C. McNeal               
Director - Corporate Finance
and Risk Management
Entergy Services, Inc.
639 Loyola Avenue
New Orleans, LA  70113
(504) 569-4363


<PAGE>

Item 6.  Exhibits

     Section A.  Exhibits

         C-1    Registration Statement of System Energy on
                Form S-3 relating to $265,000,000 of
                Unsecured Debt Securities (previously filed
                in File No. 33-61189 and incorporated herein
                by reference).
                


<PAGE>
                           SIGNATURES
                                
Pursuant to the requirements of the Public Utility Holding Company

Act of 1935, the undersigned companies have duly caused this

amendment to be signed on their behalf by the undersigned thereunto

duly authorized.


                    SYSTEM ENERGY RESOURCES, INC.
                    ENTERGY CORPORATION
                    ARKANSAS POWER & LIGHT COMPANY
                    LOUISIANA POWER & LIGHT COMPANY
                    MISSISSIPPI POWER & LIGHT COMPANY
                    NEW ORLEANS PUBLIC SERVICE INC.
                    
                    
                    
                    By:  /s/ William J. Regan, Jr.
                           William J. Regan, Jr.
                       Vice President and Treasurer
                    


Dated: July 28, 1995




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