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) January 14, 1998
                                
                                
Commission   Registrant, State of Incorporation,     I.R.S. Employer
File Number  Address and Telephone Number            Identification No.

1-11299      ENTERGY CORPORATION                     13-5550175
             (a Delaware corporation)
             639 Loyola Avenue
             New Orleans, Louisiana  70113
             Telephone (504) 576-4000
             
1-2703       ENTERGY GULF STATES, INC.               74-0662730
             (a Texas corporation)
             350 Pine Street
             Beaumont, Texas  77701
             Telephone (409) 838-3814
             
                                
                                

Form 8-K                                                         
January 15, 1998


Item 5.   Other Events


          The Public Utility Commission of Texas (PUCT), on
January 14, 1998, acted on several issues related to Entergy Gulf
States competition case in Texas.

          The PUCT issued an order in the long-standing dispute
over abeyed costs associated with building the River Bend Nuclear
Station.  In its decision, the PUCT, in a 2-1 vote, disallowed
recovery of $1,453 billion of company-wide abeyed plant costs.
The Texas share of these costs, which is not currently in rates,
is approximately $640 million, based on 1998 costs.  If such
costs were required to be written off, they would amount to
approximately $264 million on an after-tax basis.  Entergy Gulf
States intends to appeal and exhaust all available remedies in
order to reverse this unjust decision.

          In January 1997, the Texas Supreme Court, in an appeal
brought by Entergy Gulf States ruled that the PUCT prejudiced
Gulf States' substantial rights by attempting to defer ruling on
the proper treatment of the $1.453 billion, and reversed the
PUCT's order and remanded the case to the PUCT for further
proceedings.  This PUCT decision was in response to this court
ruling.

          A related matter remains pending before the PUCT.  The
same Texas Supreme Court decision held that the PUCT incorrectly
determined the amount of federal income tax expense that Entergy
Gulf States should have been allowed in its Texas rates.  The
court noted that the PUCT had used an "actual-taxes paid" method;
however, the court ruled in 1995 that the PUCT could not consider
deductions for disallowed expenses in determining a utility's
federal income tax liability.  Entergy Gulf States calculates the
amount due it in this matter is approximately $115 million.

          In another matter, the PUCT also voted on affiliate
transaction costs pending in Entergy Gulf States' rate case.  The
PUCT upheld an administrative law judge's ruling disallowing
recovery of any of Entergy Services, Inc., a subsidiary of
Entergy Corporation, (ESI) affiliate costs allocated to Entergy
Gulf States in Texas.  The disallowed costs were approximately
$40 million.  ESI, a subsidiary of Entergy, is responsible for
managing Entergy Gulf States' fossil generating plants, and
transmission and distribution systems, as well as providing human
resources, accounting and other necessary services to Entergy
Gulf States and Entergy Corporation's other electric utility
subsidiaries.




Form 8-K                                                         
January 15, 1998


          Finally, the Commission issued an order establishing
service quality standards and rate return adjustments for Entergy
Gulf States and its Texas retail service territory.  A portion of
the adjustments will be retroactive and a portion will be
prospective.  The PUCT will judge Entergy Gulf States' future
performance based on several criteria including feeder
reliability, billing error rates, customer call center
performance, service installation performance, line extension
performance and street light replacements.  The service quality
decision came after two days of hearings, held in November of
1997, on the quality of Entergy Gulf States' service in Texas.


                            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
                                 Entergy Gulf States, Inc.
                                 
                                 
                                 By:      /s/ Louis E. Buck
                                 Vice President, Chief Accounting     
                                 Officer and Assistant Secretary
                                                 
                                                 
                                 
                                 
                                 
                                                 
Dated:  January 15, 1998