CSW ENERGY INC
35-CERT, 1995-11-08
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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                      July 1, 1995 to
                                               September 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 35-25866, 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-
25866.

(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 30th day of October, 1995.



                                   CSW Energy, Inc.


                                   /s/  EDDIE PEEBLES
                                        Eddie Peebles
                                        Controller


<TABLE>
CSW ENERGY
LETTERS OF CREDIT AND GUARANTEES


<CAPTION>
                                    FEES    FEES    REFERENCE
PROJECT           *      AMOUNT      PD    PAYABLE   NUMBER    MATURITY      BENEFICIARY       OBLIGOR       PURPOSE      AUTHORITY
<S>              <C>  <C>          <C>     <C>      <C>       <C>           <C>               <C>         <C>             <C>

PENTECH           LC   $250,000.00  $319     $0      S828504    11/8/95         SDG&E           CSW       RFP Sec. Dpst.    General
                                                              (EVERGREEN)

PENTECH           LC   $250,000.00  $319     $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     $50,000.00   N/A     N/A       N/A        N/A         Snohomish         CSWE     Sec. Dep. for RFP  General


TOTAL                $6,150,000.00


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



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