Regulatory Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2011

The following chart summarizes Cleco Power’s regulatory assets and liabilities at September 30, 2011, and December 31, 2010:

	AT SEPTEMBER 30,			AT DECEMBER 31,
(THOUSANDS)	2011			2010
Regulatory assets – deferred taxes, net	$	213,847		$	203,696
Deferred mining costs	$	19,755		$	21,666
Deferred interest costs		6,758			7,033
Deferred asset removal costs		814			768
Deferred postretirement plan costs		113,538			117,651
Deferred tree trimming costs		9,057			11,086
Deferred training costs		7,525			7,642
Deferred storm surcredits, net		9,080			10,633
Deferred construction carrying costs		12,416			18,830
Lignite mining agreement contingency		3,781			3,781
AFUDC equity gross-up		74,496			74,859
Deferred rate case costs		1,252			1,654
Deferred Acadia Unit 1 acquisition costs		2,997			3,076
Deferred IRP/RFP costs		625			977
Deferred AMI pilot costs		185			283
Total regulatory assets – other	$	262,279		$	279,939
Deferred construction carrying costs		(40,298	)		(87,875	)
Deferred fuel and purchased power		9,162			10,348
Total regulatory assets, net	$	444,990		$	406,108