As filed with the Securities and Exchange Commission on
August 30, 1996. 
	Registration No. 33-59681 
                                                                      
 
	SECURITIES AND EXCHANGE COMMISSION 
	Washington, DC 20549 
 	______________________________________ 
	POST-EFFECTIVE AMENDMENT NO. 2 
	TO REGISTRATION STATEMENT 
	ON FORM S-3 
	Under the 
	Securities Act of 1933 
 
	ENOVA CORPORATION 
	(Exact Name of Registrant as Specified in its Charter) 
 
	California							33-0643023 
(State or Other Jurisdiction of				(I.R.S. Employer Identification Number) 
Incorporation or Organization) 
	101 Ash Street, San Diego, California 92101   
	(619) 696-2000 
	(Address, Including Zip Code, and Telephone Number,  
	IncludingArea Code, of Registrant's Principal Executive Offices) 
	_____________________________________ 
	DAVID R. CLARK, ESQ. 
	Enova Corporation 
	101 Ash Street, San Diego, California 92101 
 	(619) 696-2000 
	(Name, Address, Including Zip Code, and Telephone Number, 
	Including Area Code, of Agent or Service) 
 
	COPIES TO: 
 
	DAVID R. SNYDER, ESQ. 
	Pillsbury Madison & Sutro LLP 
	101 West Broadway, Suite 1800 
	San Diego, California  92101 
	______________________________________ 
 
	Approximate date of commencement of proposed sale to the  
public:  As soon as practicable following the effective date of  
this Registration Statement. 
	If the only securities being registered on this form are  
being offered pursuant to dividend or interest reinvestment plans,  
please check the following box.  [ ]  
	If any of the securities being registered on this form are  
to be offered on a delayed or continuous basis pursuant to Rule  
415 under the Securities Act of 1933, other than securities  
offered only in connection with dividend or interest reinvestment  
plans, check the following box.  [X]  
	If this Form is filed to register additional securities for  
an offering pursuant to Rule 462(b) under the Securities Act,  
please check the following box and list the Securities Act  
registration statement number of the earlier effective  
registration statement for the same offering.  [ ] ______________ 
	If this Form is a post-effective amendment filed pursuant to  
Rule 462(c) under the Securities Act, check the following box and  
list the Securities Act registration statement number of the  
earlier effective registration statement for the same offering. [  
] _________________ 
	If delivery of the prospectus is expected to be made  
pursuant to Rule 434, please check the following box.  [ ] 
                                                                          
 
 
	PROSPECTUS 
 
 
	[LOGO] 
 
 
	Enova Corporation 
 
	Direct Common Stock Investment Plan 
 
 
 
Enova Corporation (Enova or the Company) hereby offers  
participation in its Enova Corporation Direct Common Stock  
Investment Plan (the Plan), a direct stock purchase plan, designed  
to provide investors with a convenient method to purchase shares  
of Enova's Common Stock (Common Stock) and to reinvest all or a  
portion of the cash dividends paid. 
 
Shares of Common Stock purchased under the Plan will, at the  
option of the Company, represent newly issued shares or shares  
purchased in the open market by an agent (Purchasing Agent)  
independent of Enova. 
 
This prospectus contains a summary of the material provisions of  
the Plan and, therefore, this prospectus should be retained by  
participants in the Plan for future reference. 
 
Enova's Common Stock is listed on the New York Stock Exchange  
under the symbol "ENA."  The closing price of Enova Common Stock  
on August 15, 1996, as shown on the New York Stock Exchange  
Composite Tape, was $22.125 per share. 
 
This prospectus relates to 16,000,000 shares of Common Stock to be  
offered for purchase under the Plan. 
 
 
 
 
September __, 1996 
 
 
 
 
 
 
 
 
 
 
 
 
 
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE  
SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES  
COMMISSION, NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY  
STATE SECURITIES COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY  
OF THIS PROSPECTUS.  ANY REPRESENTATION TO THE CONTRARY IS A  
CRIMINAL OFFENSE. 
 
 
AVAILABLE INFORMATION 
 
Enova is subject to the informational requirements of the  
Securities Exchange Act of 1934, as amended (Exchange Act), and in  
accordance therewith files reports, proxy statements and other  
information with the Securities and Exchange Commission (SEC).   
Such reports, proxy statements and other information filed by  
Enova may be inspected and copied at the public reference  
facilities of the SEC, Judiciary Plaza, 450 Fifth Street, N.W.,  
Room 1024, Washington, DC 20549, as well as the following SEC  
Regional Offices:  7 World Trade Center, New York, New York 10048  
and Citicorp Center, 500 W. Madison Street, Suite 1400, Chicago,  
IL 60661.  Such materials can also be inspected at the New York  
Stock Exchange and at the Boston, Chicago, Pacific and  
Philadelphia stock exchanges.  Copies can be obtained by mail at  
prescribed rates.  Requests should be directed to the SEC's Public  
Reference Section, Room 1024, Judiciary Plaza, 450 Fifth Street,  
N.W., Washington, DC 20549. 
 
Enova will provide without charge to each person to whom a copy of  
this prospectus is delivered, on the request of any such person, a  
copy of any or all of the documents incorporated herein by  
reference (other than exhibits to such documents, unless such  
exhibits are specifically incorporated by reference in such  
documents).  Written or telephone requests for such copies should  
be directed to Enova Corporation, Shareholder Services, P.O. Box  
129400, San Diego, CA  92112-9400,
 Telephone Number (800) 826-5942.   
 
 
 
THE COMPANY 
 
	ENOVA 
 
Enova is the parent company for San Diego Gas & Electric Company  
(SDG&E) and certain other non-utility subsidiaries.  SDG&E is an  
operating public utility engaged principally in the business of  
generating, purchasing and distribution electric energy to  
approximately 1.2 million customers in San Diego County and a  
portion of Orange County, California, and purchasing and  
distributing natural gas to approximately 700,000 customers in San  
Diego County.  SDG&E estimates that the population of the  
territory served as of December 31, 1995, was approximately 2.9  
million, of which approximately 1.2 million resided in the City of  
San Diego. 
 
Enova was incorporated in California in 1994, and was formed to  
become the parent company for SDG&E (which was incorporated in  
California in 1905).  The principal offices for Enova are in the  
Electric Building, 101 Ash Street, San Diego, California, and the  
telephone number is (619) 239-7700. 
 
 
 
 
 
 
 
 
 
 
                                                                     
                                    2                                     
 
 
	ENOVA CORPORATION 
	DIRECT COMMON STOCK INVESTMENT PLAN 
 
 
PURPOSE 
 
The purpose of the Plan is to promote long-term ownership among  
existing and new investors in Enova by providing a convenient  
method to purchase shares of Common Stock and to reinvest all or a  
portion of the cash dividends paid. 
 
 
FEATURES OF THE PLAN 
 
  Persons not presently owning shares of Common Stock may  
become participants by making an initial cash investment of $250  
or more or by authorizing a minimum of ten (10) automatic monthly  
withdrawals of at least $25 for the purchase of Common Stock. 
  
	Shareholders may enroll in the Plan by participating in the  
dividend reinvestment service of the Plan, by making an initial  
investment through the Plan, or by using the other service  
features of the Plan, such as certificate safekeeping and sales. 
 
 Participants may make additional investments in Common Stock  
through optional cash investments of at least $25 for any single  
investment up to a maximum of $150,000 per calendar year  
(including the initial investment).  Optional investments may be  
made by check, money order or automatic deduction from a  
predesignated U.S. bank account.  Optional cash investments may be  
made occasionally or at regular intervals at the participant's  
option. 
 
	Funds invested in the Plan are fully invested in Common  
Stock through the purchase of whole shares and fractions of  
shares, and proportionate cash dividends on fractions of shares of  
Common Stock are used to purchase additional fractional shares of  
Common Stock. Brokerage commissions incurred in the purchase of  
shares will be paid by Enova. Purchases will be made daily when  
practicable and at least once every five business days. 
 
 Enova offers a "safekeeping" service whereby investors may  
deposit, free of any service charges, certificates representing  
Common Stock with the Administrator and have their ownership of  
such Common Stock maintained on the Administrator's records as  
part of their account. 
  
	Participants may make transfers or gifts of Common Stock at  
no charge.  When a participant transfers or gives shares to  
another person, a Plan account will be opened for the recipient.   
The participant can also request a special gift certificate be  
mailed to the recipient. 
 
 Participants may sell all or any portion of their Common  
Stock through the Plan.  Sales will be made on a daily basis.  A  
transaction fee and sale commission will be deducted from the  
proceeds of the sale. 
  
	Participants will receive quarterly Statements of Account  
showing all transactions completed during the year to date.  A  
statement will be provided in months where the participant has  
made an optional cash investment or deposited, transferred or  
withdrawn shares.   
 
 Participants may establish a stock-secured loan or line of  
credit, backed by shares of Common Stock held in their Plan  
account, without selling such shares.  A fee will be charged for  
processing the loan and payments on the loan will be withdrawn  
automatically from the participant's financial institution.   
Dividends will continue to be paid on the Common Stock that is  
being held as collateral for the loan or the line of credit. 
                                        3     
 
 
PLAN ADMINISTRATION 
 
First Chicago Trust Company of New York (the Administrator),  
Enova's transfer agent, registrar and dividend disbursing agent,  
will administer the Plan, purchase and hold shares of Common Stock  
acquired by the Plan, keep records, send Statements of Account to  
participants, and perform other duties related to the Plan.  For  
information about the Plan, contact the Administrator toll free: 
 
	Non-shareholders requesting Plan material:  (800) 821-2550  
	Available 24 hours a day, every day of the year 
 
	Shareholder customer service:  (800) 307-7343 
	Normal hours:
	8:00 a.m. - 10:00 p.m. Eastern time, 
	each business day
 8:00 a.m. -  3:30 p.m. Eastern time, 	 
	Saturdays 
 
	Internet Messages forwarded on the Internet will be  
responded to within 24 hours each business day.  The First Chicago  
Trust Company internet address is "HTTP://WWW.FCTC.COM" 
 
	TDD:  (201) 222-4955 Telecommunication device for the  
hearing impaired. 
 
	Or by writing to: 
 
		Enova Corporation - Common Stock Investment Plan 
		c/o First Chicago Trust Company 
		P.O. Box 2598 
		Jersey City, NJ 07303-2598 
 
	Written communications may also be sent to the Administrator  
by telefax at (201) 222-4861 
 
	Optional cash investments, by check or money order, payable  
to "Enova-FCTC", in United States dollars, should be mailed to: 
 
		Enova Corporation 
		c/o First Chicago Trust Company 
		Direct Services Investment Payments 
		P.O. Box 13531 
		Newark, NJ 07188-0001 
 
Plan participants should include their account number and tax  
identification (social security) number on all correspondence,  
together with a telephone number where they can be reached during  
business hours. 
 
 
ELIGIBILITY 
 
Any individual or entity, whether or not a record holder of Common  
Stock, is eligible to participate in the Plan, provided that (i)  
such person fulfills the requirements for participation described  
below under "Enrollment Procedures" and (ii) in the case of  
citizens or residents of a country other than the United States,  
its territories and possessions, participation would not violate  
local laws applicable to the Company, the Plan or the participant. 
                                       4 
 
 
 
ENROLLMENT PROCEDURES 
 
Shareholders 
 
Any shareholder of record of Enova Common Stock is eligible to  
participate in the Plan.  A shareholder may enroll in the Plan by  
completing an enrollment form and returning it to the  
Administrator to reinvest dividends and/or make optional cash  
investments.  Requests for such forms should be directed to the  
Administrator, either by telephone or in writing. 
 
Non-Shareholders 
 
To enroll, investors must make an initial investment of at least  
$250 or authorize a minimum of ten (10) automatic monthly  
withdrawals of at least $25 for the purchase of Common Stock and  
return a completed Initial Investment Form to the Administrator. 
 
Street Name Holders 
 
Owners of Common Stock held on their behalf by banks, brokers or  
nominees may participate in the Plan by withdrawing some or all of  
their shares from such accounts and having them registered  
directly in their own names under the Plan and returning a  
completed enrollment form with the stock certificate(s) to the  
Administrator.  See instructions on page 8. 
 
 
INVESTMENT DATE 
 
The investment date for purchases of shares of Common Stock for  
accounts under the Plan will commence on either the cash dividend  
payment date, or during periods in which no cash dividend is paid,  
a date not later than five business days after initial investment  
and/or optional cash investments are received by the  
Administrator. 
 
 
METHODS OF INVESTMENT 
 
Once enrolled in the Plan, additional share purchases using the  
Plan's optional cash payment feature can be made in the amount of  
not less than $25 per investment nor more than $150,000 per annum,  
inclusive of the initial investment.  No interest will be paid on  
amounts held by the Administrator pending investment.  
 
Check Investment 
 
Optional cash investments may be made by enclosing a check or  
money order for not less than $25 (payable to "Enova-FCTC" in  
United States dollars), with a completed optional cash investment  
stub which is attached to each statement.  Do not send cash. 
 
A $20 administrative fee will be assessed to a participant whose  
check or automatic monthly withdrawal is returned for insufficient  
funds. 
 
Automatic Investment from a Bank Account 
 
Participants may make automatic monthly investments of $25 or more  
per month through a predesignated U.S. bank account.  To initiate  
automatic monthly deductions, the participant should contact the  
Administrator and complete and sign an Automatic Monthly Deduction  
Form and return it to the Administrator together with a voided  
blank check for the account from which funds are to be drawn.   
Forms will be processed and will become effective as soon as  
practicable.  A fee of $0.50 per transaction will be charged to  
the participant.  Once automatic monthly deduction is initiated,  
funds will be drawn from the participant's designated bank account  
on the third business day 
                               5 
 
 
 preceding the last Investment Date of each month, and will be  
invested in Common Stock beginning on that Investment Date. 
 
Participants may change or terminate automatic investments by  
notifying the Administrator in writing.  Such notification should  
be received at least six business days prior to the next automatic  
Investment Date to be effective by that date. 
 
Dividend Reinvestment 
 
Each participant in the Plan may elect one of the following  
options: (i) have cash dividends on all of the shares of Common  
Stock automatically reinvested in additional Common Stock and have  
the option of making additional cash payments; (ii) have cash  
dividends on less than all of the whole shares (both registered in  
the name of the participant and held by the Administrator under  
the Plan) paid in cash and reinvest any remaining amount of  
dividends in additional Common Stock and have the option of making  
additional cash payments; or (iii) have all dividends paid in cash  
and invest only by making optional cash payments. 
 
DIRECT DEPOSIT OF DIVIDENDS 
 
Through the Company's direct deposit feature, a participant may  
elect to have any cash dividends not being reinvested under the  
Plan paid by electronic funds transfer to the participant's  
predesignated U.S. bank account.  To receive such dividends by  
direct deposit, contact the Administrator at (800) 870-2340 for a  
Direct Deposit Authorization Form.  Participants must first  
complete and sign the direct deposit form and return the form to  
the Administrator. 
 
Direct Deposit Authorization Forms will be processed and will  
become effective as promptly as practicable after receipt by the  
Administrator.  Participants may change the designated account for  
direct deposit or discontinue this feature by written instruction  
to the Administrator. 
 
 
PURCHASE OF COMMON STOCK 
 
Purchases will be made at least once a week, but may be made more  
frequently.  If any designated Investment Date is a day when the  
New York Stock Exchange is not open, the Investment date shall be  
the next business day. 
 
Purchases of Common Stock under the Plan will be made as soon as  
practicable after each Investment Date, consistent with applicable  
law and an orderly market for the Common Stock. 
 
If shares are purchased in the open market, the price of Common  
Stock will be the weighted average price (excluding brokerage  
commissions) of all shares purchased for the relevant Investment  
Date.  The participant's account will be credited with the shares  
purchased. 
 
If shares are purchased directly from Enova, the price will be the  
average of the high and low sale prices of Enova Common Stock  
reported on the NYSE-Composite Transactions on the Investment  
Date. 
 
All fractional shares are rounded to three decimal places and are  
credited to the participant's account in the same manner as whole  
shares. 
 
Participants will be required to pay certain fees in connection  
with the purchase of shares of Common Stock under the Plan.  See  
"Transaction Fees" on page 10. 
                                      6 
 
 
SALE OF SHARES 
 
Participants may sell any number of shares of Common Stock held in  
the participant's account by calling (800) 307-7343 and selecting  
the appropriate automated option or by sending a written request  
to the Administrator.  Certificated shares can be deposited in a  
participant's Plan account and subsequently sold through the Plan.   
A request to sell all shares held in a participant's account will  
be treated as a termination of that account. 
 
The Administrator will make every effort to process the  
participant's sale order on the day it is received by the  
Administrator, provided that instructions are received before 1:00  
p.m. Eastern Time on a business day during which the Administrator  
and the relevant securities markets are open.  The proceeds of the  
sale, less applicable fees and commissions, will be sent to the  
participant. 
 
Sales will be made for the participant's account on the open  
market through an agent designated by the Administrator.  The sale  
price for shares sold for a participant will be at the then  
current market price of the Common Stock.  Enova may, at its  
option, elect to repurchase shares which a participant has  
determined to sell from a Plan account, in which event the sale  
price will be the average of the high and low sale prices of  
Common Stock reported on the NYSE-Composite Transactions on the  
date of sale.  The participant will receive the proceeds, less any  
applicable fees. 
 
Participants will be required to pay certain fees in connection  
with the sale of shares of Common Stock under the Plan.  See  
"Transaction Fees" on page 10. 
 
CERTIFICATES FOR SHARES 
 
Shares purchased and held under the Plan will be held in  
safekeeping by the Administrator in its name or the name of its  
nominee.  The number of shares (including fractional interests)  
held for each participant will be shown on each statement.   
Participants may obtain a certificate for some or all of the whole  
shares of Common Stock held in their plan accounts upon written or  
telephonic request to the Administrator. 
 
WITHDRAWAL FROM THE PLAN 
 
Participants may withdraw from the Plan by giving written notice  
to the Administrator or by completing and returning the  
appropriate section of the Statement of Account to the  
Administrator.  Upon withdrawal, the participant must elect to  
either (i) receive a certificate for the number of whole shares  
held in the participant's Plan account and a check for the value  
of any fractional shares less applicable fees and commissions; or  
(ii) sell all or part of the whole shares in the participant's  
Plan account as described under "Sale of Shares," and receive a  
certificate for any remaining whole shares. 
 
If a notice to withdraw is received by the Administrator on or  
after the Record Date for such dividend payment, the  
Administrator, in its sole discretion, may either pay such  
dividend in cash or reinvest the dividend in shares on behalf of  
the withdrawing participant.  If such dividend is reinvested, the  
Administrator may sell the shares purchased and remit the proceeds  
to the participant, less any applicable fees and commissions. 
 
Any certificates issued upon withdrawal will be issued in the name  
or names in which the account is registered, unless otherwise  
instructed.  If the certificate is to be issued in a name other  
than that on the participant's Plan account, the signature(s) on  
the instructions or stock power must be Medallion Guaranteed by a  
financial institution participating in the Medallion Guarantee  
program.  The Medallion Guarantee program ensures that the  
individual signing the certificates is in fact the registered  
owner as it appears on the stock certificate or stock power.  No  
certificates will be issued for fractional shares. 
                                                7 
 
 
 
STOCK-SECURED LOAN PROGRAMS 
 
The objective of the stock-secured loan program and the stock- 
secured line of credit program is to enable shareholders to obtain  
cash without selling their shares of Common Stock. 
 
To qualify for the loan program, a participant must hold at least  
$2,000 of Common Stock deposited in the Plan.  Participants can  
borrow up to 50% of the market value of their shares without any  
credit review.  Standard loan amounts range from $1,000 to $25,000  
in $1,000 increments.  Both variable and fixed rate loans are  
available. 
 
To qualify for the line of credit program, a participant must hold  
at least $4,000 of Common Stock deposited in the Plan.  Standard  
line of credit amounts begin at $3,000 and any such line of credit  
is collateralized up to 75% of the value of shares held in the  
Plan. 
 
Contact the Administrator for a loan application.  The shares stay  
in safekeeping with the Administrator and continue to earn  
dividends. 
 
Loan repayment schedules vary from one to four years depending on  
the amount borrowed and the repayment amount selected.  Repayment  
is made through automatic deduction from the participant's  
predesignated financial institution.  Applicable fees will be  
outlined in the loan or line of credit agreement which can be  
obtained through the Administrator. 
 
 
SHARE SAFEKEEPING 
 
Participants may use the Plan's "share safekeeping" service to  
deposit any Common Stock certificates in their possession with the  
Administrator.  Shares deposited will be transferred into the name  
of the Administrator or its nominee and credited to the  
participant's account under the Plan. 
 
To insure against loss resulting from mailing your certificates to  
the Administrator, the Plan provides for mail insurance free of  
charge for certificates valued up to $25,000 current market value  
provided they are mailed first class.  To be eligible for  
certificate mailing insurance, certificates must be mailed in  
brown, pre-addressed return envelopes supplied by the  
Administrator.  The Administrator will promptly send the  
participant a statement confirming each deposit of certificates.   
The Administrator must be notified of any claim within thirty (30)  
calendar days of the date the certificates were mailed.  To submit  
a claim, an individual investor must be a current participant or  
the individual investor's loss must be incurred in connection with  
becoming a participant.  In the latter case, the claimant must  
enroll in the program at the time the insurance claim is  
processed.  The maximum insurance protection provided is $25,000  
and coverage is available only when the certificate(s) are sent to  
the Administrator in accordance with the guidelines described  
above.  Insurance covers the replacement of shares of stock, but  
in no way protects against any loss resulting from the  
fluctuations in the value of such shares from the time the  
individual mails the certificates until such time as replacement  
can be effected. 
 
By using the share safekeeping service, investors no longer bear  
the risk associated with loss, theft or destruction of stock  
certificates.  Shares held in safekeeping can be sold and  
withdrawn from time to time as described in "Sale of Shares" on  
page 7 and "Gift/Transfer of Shares" as described below. 
 
 
GIFT/TRANSFER OF SHARES 
 
Transfer of Shares from Street Name 
 
A shareholder who holds shares registered in the name of a bank, a  
broker, a trustee or other agent may transfer these shares to a  
Plan account by directing his or her agent to have these shares  
registered directly in the shareholder's name and to deliver a  
certificate to him or her.  Once the certificate is received, the  
shares can be enrolled in the Plan as described under  
"Shareholders" above. 
                                       8 
 
 
Gift or Transfer of Shares of Common Stock 
 
If a participant wishes to change the ownership of all or part of  
his or her shares held under the Plan through a gift, private sale  
or otherwise, the participant must deliver properly completed  
written instructions to the Administrator.  Transfers must be made  
in whole shares.  No fraction of a share credited to a  
participant's account may be transferred unless the participant's  
entire account is transferred.  Signatures must be Medallion  
Guaranteed by a financial institution participating in the  
Medallion Guarantee program. 
 
Participants may make gifts of Enova Common Stock by (i) making an  
initial investment of at least $250 and up to a maximum of  
$150,000 to establish an account in the recipient's name; (ii)  
submitting an optional cash investment in an amount not less that  
$25 nor more than $150,000 on behalf of an existing Plan  
participant; or (iii) by transferring shares from their account to  
another person.  Shares may be transferred to new or existing  
shareholders; however, a new Plan account will not be opened as a  
result of a transfer of less than ten shares. 
 
All accounts opened will be automatically enrolled in the dividend  
reinvestment service of the Plan with all dividends being  
automatically reinvested.  The new participants, at their option,  
may elect one of the following options: (i) have cash dividends on  
all of the shares of Common Stock automatically reinvested in  
additional Common Stock and have the option of making additional  
cash payments; (ii) have cash dividends on less than all of the  
whole shares (both registered in the name of the participant and  
held by the Administrator under the Plan) paid in cash and  
reinvest any remaining amounts of dividends in additional Common  
Stock and have the option of making additional cash payments; or  
(iii) have all dividends paid in cash and invest only by making  
optional cash payments.  In all cases where a gift is indicated, a  
gift certificate, if requested, will be sent to the account  
holder, free of charge, for presentation to the recipient. 
                                    9 
 
 
TRANSACTION FEES 
- ------------------------------------------------------------- 
	Initial Cash Investment: 
	$15.00 per transaction (no charge to Enova shareholders) 
 
 
	Optional Cash Investment: 
	  via check -Enova pays the purchase transaction fee 
 
	  via automatic monthly  
	  deductions -$0.50 per transaction 
 
 
	Reinvestment of Dividends: 
	Enova pays the purchase transaction fee 
 
	Sales Fee: 
	$10.00 per transaction plus commission of $0.03 per share 
 
 
	Establishment of Stock-Secured Loan or Line of Credit: 
	$35.00 
 
 
	Certificate Withdrawal: 
	No Charge 
 
	Market Price Information for Cost-Basis Purposes: 
	$5.00 per additional year (maximum $25.00, first two years 	 
	free) 
- --------------------------------------------------------------- 
 
 
 
REPORTS TO PARTICIPANTS 
 
Each participant who reinvests dividends will receive a quarterly  
Statement of Account showing all transactions for the  
participant's account year-to-date, the number of shares of Common  
Stock credited to the account, and other information.  A statement  
will be provided in months where the participant has made an  
optional cash investment or deposited, transferred or withdrawn  
shares.  Participants should retain these statements and advices  
in order to establish the cost basis of shares purchased under the  
Plan for income tax and other purposes. 
 
Participants will receive copies of all communications sent to  
holders of Common Stock.  This includes quarterly reports, annual  
reports to shareholders and proxy material. 
 
All notices, statements and reports from the Administrator to a  
participant will be addressed to the participant at his or her  
latest address of record with the Administrator.  Therefore,  
participants must promptly notify the Administrator of any change  
of address. 
 
 
FEDERAL INCOME TAX CONSEQUENCES 
 
The federal income tax consequences for Plan participants are as  
follows: 
 
(1)	In the case of reinvested dividends, when the Administrator  
acquires shares for a participant's account directly from Enova,  
the participant must include in gross income a dividend measured  
by the fair market value of the shares so acquired.   
Alternatively, when the Administrator purchases Common Stock for a  
participant's account on the open market with reinvested  
dividends, the amount of the dividend will also include that  
portion of any brokerage commissions paid by Enova that are  
attributable to the purchase of the participant's shares.  For  
both alternatives described above, the basis of the shares 
                             10 
 
 
 acquired is in general equal to the amount of the dividend  
attributable to the acquisition of the shares (i.e., the basis of  
shares generally equals the amount of dividends included in the  
gross income of a participant). 
 
(2)	In the case of shares purchased on the open market with  
additional cash investments, participants will be in receipt of a  
dividend to the extent of any brokerage commissions paid by Enova.   
The participant's basis in the shares acquired with additional  
cash investments will be the cost of the shares to the  
Administrator plus an allocable share of any brokerage commissions  
paid by Enova. 
 
(3)	A participant's holding period for common shares acquired  
pursuant to the Plan will begin on the day following the credit of  
such shares to such participant's account and end on the day of  
sale. 
 
(4)	A participant will not realize any taxable income upon the  
participant's request for certificates for certain or all shares  
or upon termination of participation in, or termination of, the  
Plan. 
 
(5)	A participant will realize gain or loss when shares are sold  
or exchanged, whether pursuant to the participant's request or by  
the participant after receipt of shares from the Plan, and in the  
case of a fractional share, when the participant receives a cash  
adjustment for a fraction of a share held in the participant's  
account upon termination of participation in, or termination of,  
the Plan.  The amount of such gain or loss will be the difference  
between the amount which the participant receives for the shares  
or fraction of a share and the tax basis thereof. 
 
(6)	Subject to the limitations contained in the Internal Revenue  
Code, the transaction fees may be deductible by participants who  
itemize deductions. 
 
 
If a participant has failed to furnish a valid taxpayer  
identification number to the Administrator, unless the participant  
is exempt from the back-up withholding requirements described in  
Section 3406 of the Internal Revenue Code, then the Administrator  
will withhold 31% from the amount of common share dividends, the  
proceeds of the sale of fractional shares and the proceeds of any  
sale of whole shares.  In addition, the Interest and Dividend Tax  
Compliance Act of 1983 provides that if a new participant fails to  
certify that such participant is not subject to withholding on  
interest and dividend payments under Section 3406(a)(D) of the  
Internal Revenue Code, then 31% must be withheld from the amount  
of common share dividends.  The withheld amounts will be deducted  
from the amount of dividends and the remaining amount will be  
reinvested. 
 
For further information as to the tax consequences to participants  
in the Plan, including state, local and foreign tax consequences,  
participants should consult with their own tax advisors.  The  
above discussion is based on federal tax laws as in effect as of  
the date hereof.  Participants should consult with their tax  
advisors with respect to the impact of any future legislative  
proposals or legislation enacted after the date of this  
Prospectus. 
 
 
MISCELLANEOUS 
 
Stock Dividend or Stock Splits 
 
Any shares of Common Stock distributed as a result of a stock  
dividend or stock split on shares held by the Administrator in the  
account of a participant under the Plan will be added to the  
participant's account.  Stock dividends or split shares  
distributed on shares held by the participant in certificate form  
will be mailed directly to the participant in the same manner as  
to shareholders who are not participating in the Plan. 
 
Rights Offering 
 
A participant's entitlement in a rights offering will be based  
upon the participant's number of whole shares only. 
                                     11 
 
 
Voting of Proxies 
 
A participant will be sent a proxy card representing both the  
shares held by the participant in certificate form and the whole  
shares held by the Administrator in the participant's account  
under the Plan.  Such proxy will be voted as indicated by the  
participant on the signed proxy.  If the proxy card or instruction  
form is not returned or if it is returned unsigned by the  
registered owner(s), none of the participant's shares will be  
voted. 
 
Limitation of Liability 
 
Neither Enova nor the Administrator, in administering the Plan,  
will be liable for any act done in good faith or for any good  
faith omission to act, including, without limitation, any claim of  
liability arising out of failure to terminate a participant's  
account upon such participant's death, the prices at which shares  
are purchased or sold for the participant's account or the times  
when such purchases or sales are made (provided, however, that  
nothing herein shall be deemed to constitute a waiver of any  
rights a participant might have under the Securities Act of 1933,  
as amended, the Exchange Act or other applicable federal  
securities laws), or fluctuations in the market value of Common  
Stock. 
 
Participants should recognize that neither Enova nor the  
Administrator can assure them of a profit or protect them against  
a loss on the shares purchased by them under the Plan. 
 
Although the Plan contemplates the continuation of quarterly  
dividend payments, the payment of dividends will depend upon  
future earnings, the financial condition of Enova and other  
factors.  The amount and timing of dividends may be changed at any  
time without notice. 
 
Change or Termination of Plan 
 
Enova reserves the right to suspend, modify or terminate the Plan  
at any time.  All participants will receive notice of any such  
suspension, modification or termination.  Upon termination of the  
Plan by Enova, certificates for whole shares held in a  
participant's account under the Plan will be issued and a cash  
payment will be made for any fractional share less applicable fees  
and commissions. 
 
 
USE OF PROCEEDS 
 
Common Stock purchased through the Plan will, at the option of  
Enova, be newly issued shares or shares purchased in the open  
market by the Administrator.  Enova is unable to estimate the  
number of shares, if any, which will be purchased directly from  
Enova under the Plan or the amount of proceeds from any such  
shares.  If shares for the Plan are purchased from Enova, the net  
proceeds will be used by Enova for general corporate purposes. 
 
 
DESCRIPTION OF CAPITAL STOCK 
 
The following is a brief summary of certain of the provisions  
contained in Enova's Restated Articles of Incorporation (Restated  
Articles) with respect to its Common Stock, without par value.  A  
copy of the Restated Articles has been incorporated by reference  
as an exhibit to the Registration Statement.  The following  
summary does not purport to be complete and reference is made to  
the Restated Articles for a full and complete statement of such  
provisions. 
 
Dividend Rights 
 
After payment or setting aside for payment of all dividends and  
sinking fund payments, if any, on Enova's preferred stock, holders  
of Common Stock are entitled to dividends when and as declared out  
of surplus or net profits of Enova.  As of August 15, 1996, Enova  
had no preferred stock outstanding.  Dividends on the Common  
Stock, if declared, are payable (subject to being changed from  
time to time as the Enova Board of Directors may 
                              12 
 
 determine) quarterly on the fifteenth day of January, April, July  
and October to shareholders of record on the tenth day of the  
preceding month. 
 
General Voting Rights 
 
Subject to the rights of Enova's preferred stock, if any, the  
holders of Common Stock have full voting rights. 
 
Liquidation Rights 
 
In the event of liquidation, dissolution, or winding up, after  
payment to the holders of any outstanding Enova preferred stock of  
the amounts to which they are entitled, all remaining assets shall  
be distributed to the holders of the Common Stock. 
 
Pre-Emptive, Subscription and Conversion Rights, and Non- 
Assessability 
 
The holders of the Common Stock do not have any pre-emptive,  
subscription or conversion rights, nor are the shares thereof  
assessable. 
 
Transfer Agent and Registrar 
 
First Chicago Trust Company, P.O. Box 2598, Jersey City, N.J.  
07303-2598. 
 
 
LEGAL MATTERS 
 
Certain legal matters regarding the Plan have been passed upon for  
Enova by Pillsbury Madison & Sutro LLP, San Diego, California. 
 
 
EXPERTS 
 
The financial statements of San Diego Gas & Electric Company and  
subsidiaries incorporated by reference in the Annual Report on  
Form 10-K of Enova Corporation for the year ended December 31,  
1995, have been audited by Deloitte & Touche LLP, independent  
auditors, as stated in their report incorporated by reference  
herein, and is incorporated by reference herein in reliance upon  
the report of such firm given upon their authority as experts in  
accounting and auditing. 
 
 
INCORPORATION OF DOCUMENTS BY REFERENCE 
 
Enova has filed the following documents with the SEC.  They are  
incorporated in this section of the prospectus by reference: 
 
(1)	Enova's Annual Report on Form 10-K for the fiscal year ended  
December 31, 1995. 
 
(2)	Enova's Quarterly Report on Form 10-Q for the period ended  
March 31, 1996. 
 
(3)  	Enova's Quarterly Report on Form 10-Q for the period ended  
June 30, 1996. 
 
All documents subsequently filed by Enova pursuant to Section  
13(a), 13(c), 14 or 15(d) of the Exchange Act prior to termination  
of this offering shall be deemed to be incorporated by reference  
in this Prospectus and to be part hereof from the date of filing  
of such documents. 
 
                                 13 
 
 
INDEMNIFICATION OF DIRECTORS AND OFFICERS 
 
Section 317 of the Corporations Code of the State of California  
permits a corporation to provide indemnification to its directors  
and officers under certain circumstances.  The Enova Restated  
Articles of Incorporation and Bylaws eliminate the liability of  
directors for monetary damages to the fullest extent by directors,  
officers and other agents and provide that indemnification for  
liability for monetary damages incurred by directors, officers and  
other agents of Enova shall be allowed, subject to certain  
limitations, in excess of the indemnification otherwise  
permissible under California law.  Enova maintains liability  
insurance and is also insured against loss for which it may be  
required or permitted by law to indemnify its directors and  
officers for their related acts. 
 
The directors and officers of Enova are covered by insurance  
policies indemnifying them against certain liabilities, including  
certain liabilities arising under the Securities Act of 1933, as  
amended (Act), which might be incurred by them in such capacities  
and against which they cannot be indemnified by Enova. 
 
Insofar as indemnification for liabilities arising under the Act  
may be permitted to directors, officers or persons controlling the  
registrant pursuant to the foregoing provisions, the registrant  
has been informed that in the opinion of the SEC such  
indemnification is against public policy as expressed in the Act  
and is therefore unenforceable. 
 
 
 
 
                                        14 
 
 
 
	TABLE OF CONTENTS 
	Page 
 
AVAILABLE INFORMATION	  2 
 
THE COMPANY	  2 
 
DIRECT COMMON STOCK INVESTMENT PLAN	  3 
	PURPOSE	  3 
	FEATURES OF THE PLAN	  3 
	PLAN ADMINISTRATION	  4 
	ELIGIBILITY	  4 
	ENROLLMENT PROCEDURES	  5 
	INVESTMENT DATES	  5 
	METHODS OF INVESTMENT	  5 
	DIRECT DEPOSIT OF DIVIDENDS	  6 
	PURCHASE OF COMMON STOCK	  6 
	SALE OF SHARES	  7 
	CERTIFICATES FOR SHARES	  7 
	WITHDRAWAL FROM THE PLAN	  7 
	STOCK-SECURED LOAN PROGRAMS	  8 
	SHARE SAFEKEEPING	  8 
	GIFT/TRANSFER OF SHARES	  8 
	TRANSACTION FEES	  10 
	REPORTS TO PARTICIPANTS	  10 
	FEDERAL INCOME TAX CONSEQUENCES	 10 
 
MISCELLANEOUS	 11 
 
USE OF PROCEEDS	 12 
 
DESCRIPTION OF CAPITAL STOCK	 12 
 
LEGAL MATTERS	 13 
 
INDEPENDENT PUBLIC ACCOUNTANTS	 13 
 
INCORPORATION OF DOCUMENTS BY REFERENCE	 13 
 
INDEMNIFICATION OF DIRECTORS AND OFFICERS	 14 
 
 
No person has been authorized to give any information or make any  
representations not contained in this Prospectus in connection  
with the offer contained in this Prospectus, and if given or made,  
such information or representations must not be relied upon as  
having been authorized by Enova.  This Prospectus does not  
constitute an offer of any securities other than those to which it  
relates or an offer to sell, or a solicitation of an offer to buy,  
the securities to which it relates in any jurisdiction to any  
person to whom it is not lawful to make any such offer or  
solicitation in such jurisdiction. 
 
  
 
 
 
 
 
	[LOGO] 
 
 
 
 
 
 
	Enova Corporation 
 
 
 
 
 
	_________________________ 
 
 
 
 
	Direct Common Stock 
 
	Investment Plan 
 
 
 
	                         
 
	PROSPECTUS 
 
	                         
 
 
 
 
 
 
 
	September __, 1996 
 
 
 
 
	PART II 
	INFORMATION NOT REQUIRED IN PROSPECTUS  
  
  
 
Item 15.  Indemnification of Directors and Officers.  
  
	Section 317 of the Corporations Code of the State of  
California permits a corporation to provide indemnification to its  
directors and officers under certain circumstances.  The Restated  
Articles of Incorporation and the Bylaws of the Registrant  
eliminate the liability of directors for monetary damages to the  
fullest extent permissible under California law and provide that  
indemnification for liability for monetary damages incurred by  
directors, officers and other agents of Registrant shall be  
allowed, subject to certain limitations, in excess of the  
indemnification otherwise permissible under California law.  The  
Registrant maintains liability insurance and is also insured  
against loss for which it may be required or permitted by law to  
indemnify its directors and officers for their related acts.  
 
Item 16.  Exhibits.  
 
	See Exhibit Index. 
 
Item 17.  Undertakings.  
 
	(a)	The undersigned Registrant hereby undertakes:  
 
		(1)	To file, during any period in which offers or  
sales are being made, a post-effective amendment to this  
Registration Statement:  
 
		   (i)	To include any prospectus required by  
Section 10(a)(3) of the Securities Act of 1933;   
 
		  (ii)	To reflect in the prospectus any facts or  
events arising after the effective date of the Registration  
Statement (or the most recent post-effective amendment thereof)  
which, individually or in the aggregate, represent a fundamental  
change in the information set forth in this Registration  
Statement; and  
 
		 (iii)	To include any material information with   
respect to the plan of distribution not previously disclosed in  
this Registration Statement or any material change to such  
information in this Registration Statement;  
 
		Provided, however, that paragraph (a)(1)(i) and  
(a)(1)(ii) shall not apply if the information required to be  
included in a post-effective amendment by those paragraphs is  
contained in periodic reports filed by the Registrant pursuant to  
Section 13 or Section 15(d) of the Securities Exchange Act of 1934  
that are incorporated by reference in the Registration Statement. 
 
		(2)	That, for the purpose of determining any  
liability under the Securities Act of 1933, each such post- 
effective amendment shall be deemed to be a new registration  
statement relating to the securities offered therein, and the  
offering of such securities at that time shall be deemed to be the  
initial bona fide offering thereof.  
 
		(3)	To remove from registration by means of post- 
effective amendment any of the securities being registered which  
remain unsold at the termination of the offering.   
                                                        II-1 
 
 
	(b)	The Registrant hereby undertakes that, for purposes of  
determining any liability under the Securities Act of 1933, each  
filing of the Registrant's annual report pursuant to Section 13(a)  
or Section 15(d) of the Securities Exchange Act of 1934 that is  
incorporated by reference in the Registration Statement shall be  
deemed to be a new registration statement relating to the  
securities offered therein, and the offering of such securities at  
the time shall be deemed to be a new registration statement  
relating to the securities offered therein, and the offering of  
such securities at that time shall be deemed to be the initial  
bona fide offering thereof.  
 
	(c)	Insofar as indemnification for liabilities arising  
under the Securities Act of 1933 may be permitted to directors,  
officers and controlling persons of the Registrant pursuant to the  
foregoing provisions, or otherwise, the Registrant has been  
advised that, in the opinion of the Securities and Exchange  
Commission, such indemnification is against public policy as  
expressed in the Act and is, therefore, unenforceable.  In the  
event that a claim for indemnification against such liabilities  
(other than the payment by the Registrant of expenses incurred or  
paid by a director, officer or controlling person of the  
Registrant in the successful defense of any action, suit or  
proceeding) is asserted by such director, officer or controlling  
person in connection with the securities being registered, the  
Registrant will, unless, in the opinion of its counsel the matter  
has been settled by controlling precedent, submit to a court of  
appropriate jurisdiction the question whether such indemnification  
by it is against public policy as expressed in the Act and will be  
governed by the final adjudication of such issue.  
 
 
                                  II-2 
 
 
	SIGNATURES 
 
    Pursuant to the requirements of the Securities Act of 1933,  
the Registrant has duly caused this Post-Effective Amendment No. 1  
to Registration Statement to be signed on its behalf by the  
undersigned, thereunto duly authorized, in the City of San Diego,  
State of California, on August 29, 1996. 
 
ENOVA CORPORATION 
 
 
By:	 */s/ Stephen L. Baum  
    ------------------------------------ 
	Stephen L. Baum 
	President and Chief Executive Officer 
 
 
 
	Pursuant to the requirements of the Securities Act of 1933,  
this Post-Effective Amendment No. 1 to Registration Statement has  
been signed by the following persons in the capacities and on the  
dates indicated. 
 
 
Signature/Title/Date 
 
 
Principal Executive Officer  
 
    */s/ Stephen L. Baum                 
- ------------------------------------ 
Stephen L. Baum 
  
President, Chief Executive Officer and Director 
August 29, 1996 
 
 
Principal Financial Officer:
 
    */s/ David R. Kuzma                 
- ------------------------------------ 
David R. Kuzma 
Senior Vice President, Chief Financial Officer 
and Treasurer 
August 29, 1996 
 
Principal Accounting Officer: 
 
    */s/ Frank H. Ault                  
- ------------------------------------ 
Frank H. Ault 
Vice President and Controller 
August 29, 1996 
 
 
Directors (other than Mr. Baum): 
- ------------------------------------ 

         */s/Thomas A. Page 
- ------------------------------------ 
Thomas A. Page  
Chairman of the Board  
August 29, 1996 
 
 
 
    */s/ Richard C. Atkinson            
- ------------------------------------ 
Richard C. Atkinson 
Director 
August 29, 1996 
 
    */s/ Ann Burr                       
- ------------------------------------ 
Ann Burr 
Director 
August 29, 1996 
 
    */s/ Richard A. Collato             
- ------------------------------------ 
Richard A. Collato 
Director 
August 29, 1996 
 
    */s/ Daniel W. Derbes               
- ------------------------------------ 
Daniel W. Derbes 
Director 
August 29, 1996 
 
                         II-3 
 
 
 
    */s/ Robert H. Goldsmith            
- ------------------------------------ 
Robert H. Goldsmith 
Director 
August 29, 1996 
 
    */s/ William D. Jones               
- ------------------------------------ 
William D. Jones 
Director 
August 29, 1996 
 
    */s/ Ralph R. Ocampo                
- ------------------------------------ 
Ralph R. Ocampo 
Director 
August 29, 1996 
 
 
    */s/ Thomas C. Stickel              
- ------------------------------------ 
Thomas C. Stickel 
Director 
August 29, 1996 
 
 
*	By:   /s/ David R. Clark     
- ------------------------------------ 
          Attorney-in-Fact 
 
 
 
                                     II-4 
 
 
 
	EXHIBIT INDEX 
 
	These Exhibits are numbered in accordance with the Exhibit  
Table of Item 601 of Regulation S-K. 
 
 
	Exhibit 
 
 
*	3.1	Restated Articles of Incorporation of the Registrant  
(incorporated by reference to the Registration Statement on Form  
8-B/A of the Registrant (No. 001-11439) (Exhibit 3.1). 
 
*	3.2	By-Laws of the Registrant (incorporated by reference  
to the Registration Statement on -Form 8-B/A of the Registrant  
(No. 001-11439) (Exhibit 2.0). 
 
*	5	Opinion and Consent of Nad A. Peterson.  
 
	23.1	Consent of Deloitte & Touche LLP.  
 
*	23.2	Consent of Nad A. Peterson, Esq. 
 
	23.3	Consent of Pillsbury Madison & Sutro LLP. 
 
*	24.1	Power of Attorney of the Registrant's Board of  
Directors.  
 
*	24.2	Resolutions of the Registrant's Board of Directors.    
 
*	24.3	Power of Attorney of certain of the Registrant's  
Executive Officers.  
 
	24.4	Power of Attorney of one of the Registrant's Executive  
Officers. 
 
*	28	Section 317 of the California Corporations Code  
(Registration No. 2-77238, Exhibit 28, incorporated herein by  
reference).  
__________________ 
*  Previously filed. 
 



	EXHIBIT 23.1

INDEPENDENT AUDITORS' CONSENT


	We consent to the incorporation by reference in this Post-
Effective Amendment No. 2 to Registration Statement No. 33-59681 
of Enova Corporation on Form S-3 of our report on San Diego Gas & 
Electric Company and subsidiaries dated February 16, 1996 
incorporated by reference in the Annual Report on Form 10-K of 
Enova Corporation for the year ended December 31, 1995, which is 
incorporated by reference in the Prospectus, which is part of such 
Registration Statement, and to the reference to us under the 
heading "Experts" in such Prospectus.


/s/ DELOITTE & TOUCHE LLP

San Diego, California
August 27, 1996







	EXHIBIT 23.3


CONSENT OF PILLSBURY MADISON & SUTRO LLP


	We hereby consent to the reference to our firm under the 
caption "Legal Matters" in the Prospectus of Enova Corporation 
comprising a portion of Post-Effective Amendment No. 2 to the 
Registration Statement on Form S-4 (Registration No. 33-59681).

/s/ PILLSBURY MADISON & SUTRO LLP

San Diego, California
August 28, 1996




	EXHIBIT 24.4

	POWER OF ATTORNEY



	KNOW ALL MEN AND WOMEN BY THESE PRESENTS, that the 
undersigned constitutes and appoints David R. Clark and David R. 
Snyder, and each of them, his true and lawful attorneys-in-fact 
and agents, each with full power of substitution and 
resubstitution, for him and in his name, place and stead, in any 
and all capacities, to do the following:

(1)	execute post-effective amendments to the registration 
statements of Enova Corporation, a California corporation 
("Enova"), which registration statements register common stock of 
Enova for issuance pursuant to Enova's common stock investment 
plan or various employee benefit plans of Enova; and

(2)	execute any further supplement or amendment to any of the 
foregoing, and to file the same, with exhibits thereto and other 
documents in connection therewith, with the SEC;

granting unto said attorneys-in-fact and agents, and each of them, 
full power and authority to do and perform each and every act and 
thing requisite and necessary to be done, as fully to all intents 
and purposes as he might or could do in person, hereby ratifying 
and confirming all that each of said attorneys-in-fact and agents 
or his substitute or substitutes may lawfully do or cause to be 
done by virtue hereof.



Dated: August 28, 1996	     /s/ Stephen L. Baum      
                            --------------------------
                   				     Stephen L. Baum