Exhibit 12(g)
System Energy Resources, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Fixed Charges
	2004	2005	2006	2007	2008
Fixed charges, as defined:
Total Interest	$58,928	$60,424	$59,931	$57,117	$56,667
Interest applicable to rentals	3,426	3,039	3,914	4,463	9,057
Total fixed charges, as defined	$62,354	$63,463	$63,845	$61,580	$65,724
Earnings as defined:
Net Income	$105,948	$111,644	$140,258	$136,081	$91,067
Add:
Provision for income taxes:
Total	78,013	69,343	54,529	45,447	59,494
Fixed charges as above	62,354	63,463	63,845	61,580	65,724
Total earnings, as defined	$246,315	$244,450	$258,632	$243,108	$216,285
Ratio of earnings to fixed charges, as defined	3.95	3.85	4.05	3.95	3.29