PRICING SUPPLEMENT NO. 138 DATED              Filed Pursuant to
September 14, 1995 TO PROSPECTUS              Rule 424(b)(5)
DATED March 29, 1994                          File No. 33-51877


                       CMS ENERGY CORPORATION

 General Term Notes (servicemark of J.W. Korth & Company), Series A
             Due 9 Months to 25 Years from date of issue

      Except as set forth herein, the General Term Notes (servicemark of
J.W. Korth & Company) offered hereby (the "Notes") have such terms as are
described in the accompanying Prospectus dated March 29, 1994.

Aggregate Principal Amount:            $   480,000.00            
Original Issue Date (Settlement Date)   September 19, 1995       
Stated Maturity Date:                   September 15, 1998       
Issue Price to Public:                 100.00% of Principal Amount
Interest Rate:                         6.875% Per Annum
Interest Payment Dates:                March 15 and September 15 and
                                       semi-annually thereafter
                                       Commencing March 15, 1996
Survivor's Option:                     [ X ] Yes  [   ] No
Optional Redemption:                   [   ] Yes  [ X ] No

      Agent                            Principal Amount of Notes
                                        Solicited by Each Agent
Kemper Securities, Inc.                $      0.00     
J.W. Korth & Company                   $480,000.00     
      Total                            $480,000.00     

                                         Per Note
                                       Sold by Agents
                                        To Public          Total

Issue Price:                           $1,000.00       $480,000.00

Agent's Discount or Commission:        $    4.50       $  2,160.00

Maximum Dealer's Discount or
  Selling Concession:                  $   10.50       $  5,040.00

Proceeds to the Company:               $  985.00       $472,800.00

CUSIP Number:   12589QFX9