CLECO CORPORATION EXHIBIT 12(a)

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

Fixed Charges and Preferred Stock Dividends

UNAUDITED (THOUSANDS, EXCEPT RATIOS)	2009			2008			2007			2006			2005
Earnings from continuing operations	$	106,308		$	102,141		$	151,789		$	74,670		$	182,978
Equity income (loss) and dividends from investees		19,023			10,648			(84,327	)		6,201			(77,765	)
Income tax expense		9,579			18,457			70,772			42,049			115,951
Earnings from continuing operations before income taxes	$	134,910		$	131,246		$	138,234		$	122,920		$	221,164
Fixed charges:
Interest, long-term debt	$	65,636		$	53,969		$	39,903		$	40,138		$	35,780
Interest, other (including interest on short-term debt)		9,695			15,831			9,236			5,111			3,260
Amortization of debt expense, premium, net		1,897			2,242			1,972			1,867			2,399
Portion of rentals representative of an interest factor		536			523			558			506			284
Interest of capitalized lease		1,545			-			-			-			-
Total fixed charges	$	79,309		$	72,565		$	51,669		$	47,622		$	41,723
Earnings from continuing operations before income taxes	$	134,910		$	131,246		$	138,234		$	122,920		$	221,164
Plus:  total fixed charges from above		79,309			72,565			51,669			47,622			41,723
Plus:  amortization of capitalized interest		407			407			407			407			407
Earnings from continuing operations before income taxes and fixed charges	$	214,626		$	204,218		$	190,310		$	170,949		$	263,294
Ratio of earnings to fixed charges		2.71	X		2.81	X		3.68	X		3.59	X		6.31	X
Total fixed charges from above	$	79,309		$	72,565		$	51,669		$	47,622		$	41,723
Preferred stock dividends		50			55			480			1,772			1,922
Total fixed charges and preferred stock dividends	$	79,359		$	72,620		$	52,149		$	49,394		$	43,645
Ratio of earnings to combined fixed charges
and preferred stock dividends		2.70	X		2.81	X		3.65	X		3.46	X		6.03	X