Exhibit 99(e)

                           Entergy New Orleans, Inc.
             Computation of Ratios of Earnings to Fixed Charges and
      Ratios of Earnings to Combined Fixed Charges and Preferred Dividends


                                                                                                            June 30,
                                                                 1998     1999     2000     2001     2002     2003
                                                                                           
Fixed charges, as defined:
  Total Interest                                                $14,792  $14,680  $15,891  $19,661  $27,950  $23,422
  Interest applicable to rentals                                  1,045    1,281    1,008      977    1,043    1,009
                                                                ----------------------------------------------------

Total fixed charges, as defined                                  15,837   15,961   16,899   20,638   28,993   24,431

Preferred dividends, as defined (a)                               1,566    1,566    1,643    2,898    2,736    3,463
                                                                ----------------------------------------------------

Combined fixed charges and preferred dividends, as defined      $17,403  $17,527  $18,542  $23,536  $31,729  $27,894
                                                                ====================================================
Earnings as defined:

  Net Income                                                    $16,137  $18,961  $16,518  ($2,195)   ($230)   5,764
  Add:
    Provision for income taxes:
     Total                                                       10,042   13,030   11,597   (4,396)    (422)   2,911
    Fixed charges as above                                       15,837   15,961   16,899   20,638   28,993   24,431
                                                                ----------------------------------------------------
Total earnings, as defined                                      $42,016  $47,952  $45,014  $14,047  $28,341  $33,106
                                                                ====================================================

Ratio of earnings to fixed charges, as defined                     2.65     3.00     2.66     0.68     0.98     1.36
                                                                ====================================================

Ratio of earnings to combined fixed charges and
 preferred dividends, as defined                                   2.41     2.74     2.43     0.60     0.89     1.19
                                                                ====================================================


------------------------
(a) "Preferred dividends," as defined by SEC regulation S-K, are computed by
    dividing the preferred dividend requirement by one hundred percent (100%)
    minus the income tax rate.

(b) For Entergy New Orleans, earnings for the twelve months ended December 31,
    2001 were not adequate to cover fixed charges and combined fixed charges
    and preferred dividends by $6.6 million and $9.5 million, respectively.

(c) For Entergy New Orleans, earnings for the twelve months ended September 30,
    2002 were not adequate to cover combined fixed charges and preferred
    dividends by $13.6 million and $16.3 million, respectively.