FORM U-6B-2
CERTIFICATE OF NOTIFICATION

under the Public Utility Holding Company Act of 1935 ("Act")

   PSI Energy, Inc., ("PSI"), an Indiana corporation and electric utility 
subsidiary of Cinergy Corp., a registered holding company under the Act, 
hereby notifies the Commission that it has issued the securities 
described below pursuant to an exemption from Section 6(a) of the Act 
as further described below:

1.	Type of security:  Debenture (the "Debenture").

2.	Issue, renewal or guaranty:  Issuance.

3.	Principal amount:  $100,000,000.

4.	Annual rate of interest:  6.35%.

5.	Date of issue:  November 21, 1996.

6.	Date of maturity:  November 15, 2006, subject to redemption at the 
option of the holder on November 15, 2000 at 100% of the principal amount 
thereof plus accrued interest.

7.	Name of person(s) to whom the Debentures were issued:  Each of 
Salomon Brothers Inc and Merrill Lynch, Pierce, Fenner & Smith Incorporated,
in its capacity as underwriter, purchased $50,000,000 principal amount of 
the Debentures. 

8.	Collateral:  None.

9.	Net proceeds to PSI:  $99,350,000 in cash after deduction of underwriting
commissions and other estimated expenses payable by PSI in connection with 
the offering and sale of the Debentures.

10.	Application of net proceeds:  Repayment of a portion of PSI's 
outstanding short-term indebtedness (approximately $240 million upon 
receipt of such net proceeds) partially incurred by PSI in connection with 
the retirement of $50 million principal amount of its First Mortgage Bonds,
Series RR, 93/4% on August 1, 1996. 

11.	Exemption claimed:  Rule 52(a).



                            S I G N A T U R E

  	Pursuant to the requirements of the Public Utility Holding Company Act of 
1935, as amended, the undersigned company has duly caused this document to 
be signed on its behalf by the undersigned thereunto duly authorized.
     
                                  	PSI ENERGY, INC. 


                                  	By:  /s/ William L. Sheafer 
                                    		Treasurer 

Dated:	November 25, 1996