Exhibit 12(g) 

           
System Energy Resources, Inc.
Computation of Ratios of Earnings to Fixed Charges and 
Ratios of Earnings to Fixed Charges
   
  2001 2002 2003 2004 2005
           
Fixed charges, as defined:          
  Total Interest $138,018 $76,639 $64,620 $58,928 $60,424
  Interest applicable to rentals 4,458 3,250 3,793 3,426 3,039
           
Total fixed charges, as defined $142,476 $79,889 $68,413 $62,354 $63,463
           
Earnings as defined:          
  Net Income $116,355 $103,352 $106,003 $105,948 $111,644
  Add:          
    Provision for income taxes:          
      Total 43,761 76,177 75,845 78,013 69,343
    Fixed charges as above 142,476 79,889 68,413 62,354 63,463
           
Total earnings, as defined $302,592 $259,418 $250,261 $246,315 $244,450
           
Ratio of earnings to fixed charges, as defined 2.12 3.25 3.66 3.95 3.85