CSW ENERGY INC
35-CERT, 1995-08-14
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                  UNITED STATES OF AMERICA
                         before the
             SECURITIES AND EXCHANGE COMMISSION


PUBLIC UTILITY HOLDING COMPANY ACT OF 1935


______________________________________________
In the matter of

CSW Energy, Inc.                                  REPORT FOR PERIOD
Dallas, Texas  75266-0789                         March 31, 1995 to
                                                  June 30, 1995
File No.  070-08205                               PURSUANT TO RULE 24


     This report is filed under Rule 24 of the Public
Utility Holding Company Act of 1935 by CSW Energy, Inc.
("CSW Energy"), a wholly owned subsidiary of Central and
South West Corporation ("CSW").  Under HCAR 35-25728, CSW
Energy is authorized to participate in cogeneration projects
and to provide consulting services with respect to IPPs.
Attached is the information required pursuant to HCAR 35-
25728.

(1)  A schedule of all guarantees, letters of credit, bid
bonds, and other support and  related fees or interest
payable issued by or for the account of CSW or CSW
Energy.  See Exhibit A.

                      S I G N A T U R E


     As requested by order of this Commission pursuant to
the Public Utility Holding Company Act of 1935, CSW Energy,
Inc. has duly caused this report to be signed on its behalf
on this 14th day of August, 1995.



                                   CSW Energy, Inc.


                                   Eddie Peebles     
                                   Eddie Peebles
                                    Controller


                                                                       Exhibit A
CSW ENERGY
LETTERS OF CREDIT AND GUARANTEES


<TABLE>
<S>               <C>   <C>         <C>    <C>      <C>          <C>            <C>            <C>       <C>             <C>

                                     FEES    FEES    REFERENCE
PROJECT            *     AMOUNT       PD   PAYABLE    NUMBER     MATURITY       BENEFICIARY    OBLIGOR      PURPOSE       AUTHORITY

PENTECH            LC   $250,000.00  $629     $0      S828504     11/8/95          SDG&E         CSW     RFP Sec. Dpst.     General
                                                                (EVERGREEN)

PENTECH            LC   $250,000.00  $629     $0      S828505     11/8/95          SDG&E         CSW     RFP Sec. Dpst.     General
                                                                (EVERGREEN)

KVA Joint Venture  G  $5,600,000.00   N/A     N/A       N/A         N/A         Weyerhauser      CSW      Land Purchase     General
                                                                                                            Guarantee

                   D  $1,000,000.00   N/A     N/A       N/A         N/A         Weyerhauser      CSWE     Land Purchase     General
                                                                                                          Earnest Money

                   D     $50,000.00   N/A     N/A       N/A         N/A          Snohomish       CSWE    Sec. Dep. for RFP  General


TOTAL                 $7,150,000.00


*         LC - Letter of Credit
           D   - Deposit
           G   - Guarantee
</TABLE>


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