EXHIBIT 12(b)
CLECO POWER LLC
COMPUTATION OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
		For the		For the				For the
		three		nine				twelve
		months ended		months ended				months ended
		September 30, 2003
		(Thousands, except ratios)
Earnings from operations		$           13,909			$           45,100			$           55,476
Income taxes		8,353			24,262			29,483
Earnings from operations before income taxes		$           22,262			$           69,362			$           84,959
Fixed charges:
	Interest, long-term debt	$             6,673			$           19,165			$           25,198
	Interest, other (including interest on short-term debt)	223			1,768			3,895
	Amortization of debt expense, premium, net	444			1,086			1,334
	Portion of rentals representative of an interest factor	111			388			504
Total fixed charges		$             7,451			$           22,407			$           30,931
Earnings from operations before income taxes
	and fixed charges	$           29,713			$           91,769			$         115,890
Ratio of earnings to fixed charges		3.99	x		4.10	x		3.75	x