EXHIBIT 12(b)

CLECO POWER
COMPUTATION OF EARNINGS TO FIXED CHARGES

 (UNAUDITED)

			For the			For the				For the
			three			six				twelve
			months ended			months ended				months ended
				June 30, 2004
				(Thousands, except ratios)
Earnings from operations			$	9,710			$	21,530		$	47,347
Federal and state income taxes				6,658				12,594			26,532
Earnings from operations before income taxes			$	16,368			$	34,124		$	73,879
Fixed charges:
		Interest, long-term debt	$	6,728			$	13,445		$	26,793
		Interest, other (including interest on short-term debt)		(606)				(116)			561
		Amortization of debt expense, premium, net		458				898			1,782
		Portion of rentals representative of an interest factor		76				160			305
Total fixed charges			$	6,656			$	14,387		$	29,441
Earnings from operations before income taxes			$	16,368			$	34,124		$	73,879
		Plus:  total fixed charges from above		6,656				14,387			29,441
Earnings from operations before income taxes
	and fixed charges		$	23,024			$	48,511		$	103,320
Ratio of earnings to fixed charges				3.46	X			3.37	X		3.51	X