Regulatory Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2018

Schedule of Regulatory Assets and Liabilities, Net [Line Items]

Schedule of Regulatory Assets and Liabilities, Net

The following table summarizes Cleco’s net regulatory assets and liabilities:

(THOUSANDS)	AT JUNE 30, 2018		AT DEC. 31, 2017
Total Cleco Power regulatory assets, net	$	161,337	$	146,774
Cleco Merger adjustments (1)
Fair value of long-term debt	142,922		147,145
Postretirement costs	20,381		21,375
Financing costs	8,450		8,623
Debt issuance costs	6,459		6,665
Total Cleco regulatory assets, net	$	339,549	$	330,582

⁽¹⁾ Cleco regulatory assets include acquisition accounting adjustments as a result of the Merger.

CLECO POWER

Schedule of Regulatory Assets and Liabilities, Net [Line Items]

Schedule of Regulatory Assets and Liabilities, Net

The following table summarizes Cleco Power’s regulatory assets and liabilities:

(THOUSANDS)	AT JUNE 30, 2018			AT DEC. 31, 2017
Regulatory liabilities - deferred taxes, net	$	(136,447	)	$	(140,426	)
Mining costs	2,549			3,823
Interest costs	4,340			4,499
AROs	2,824			2,762
Postretirement costs	136,644			142,764
Tree trimming costs	8,015			7,193
Training costs	6,474			6,552
Surcredits, net	289			2,173
AMI deferred revenue requirement	3,954			4,227
Emergency declarations	3,781			4,131
Production operations and maintenance expenses	5,827			8,625
AFUDC equity gross-up	71,295			71,205
Acadia Unit 1 acquisition costs	2,283			2,336
Financing costs	8,108			8,293
MISO integration costs	—			468
Coughlin transaction costs	953			968
Corporate franchise tax, net	1,500			153
MATS costs	—			2,564
Non-service cost of postretirement benefits	2,136			—
Other	26			484
Total regulatory assets	260,998			273,220
Accumulated deferred fuel	36,786			13,980
Total regulatory assets, net	$	161,337		$	146,774