CLECO CORPORATION                     EXHIBIT 12(a)

Computation of Ratios of Earnings to Fixed Charges and of Earnings to Combined

Fixed Charges and Preferred Stock Dividends

	FOR THE THREE MONTHS ENDED			FOR THE SIX MONTHS ENDED			FOR THE TWELVE MONTHS ENDED
(THOUSANDS, EXCEPT RATIOS)				JUNE 30, 2006
Earnings from continuing operations	$	23,329		$	35,554		$	188,259
Less: undistributed equity income from investees		11,533			9,103			87,783
Plus: income taxes		13,459			19,573			116,981
Earnings from continuing operations before income taxes	$	25,255		$	46,024		$	217,457
Fixed charges:
Interest, long-term debt	$	10,551		$	20,912		$	37,540
Interest, other (including interest on short-term debt)		401			764			1,541
Amortization of debt expense, premium, net		451			903			1,887
Portion of rentals representative of an interest factor		87			171			347
Total fixed charges	$	11,490		$	22,750		$	41,315
Earnings from continuing operations before income taxes	$	25,255		$	46,024		$	217,457
Plus: total fixed charges from above		11,490			22,750			41,315
Plus: amortization of capitalized interest		102			204			407
Earnings from continuing operations before income taxes and fixed charges	$	36,847		$	68,978		$	259,179
Ratio of earnings to fixed charges		3.21	x		3.03	x		6.27	x
Total fixed charges from above		11,490			22,750			41,315
Preferred stock dividends		432			908			1,851
Total fixed charges and preferred stock dividends		11,922			23,658			43,166
Ratio of earnings to combined fixed charges and preferred stock dividends		3.09	x		2.92	x		6.00	x