Regulatory Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2018

Regulatory Assets [Line Items]

Schedule of Regulatory Assets

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

(THOUSANDS)	AT SEPT. 30, 2018		AT DEC. 31, 2017
Total Cleco Power regulatory assets, net	$	158,742	$	146,774
Cleco Merger adjustments (1)
Fair value of long-term debt	140,812		147,145
Postretirement costs	19,884		21,375
Financing costs	8,365		8,623
Debt issuance costs	6,356		6,665
Total Cleco regulatory assets, net	$	334,159	$	330,582

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

CLECO POWER

Regulatory Assets [Line Items]

Schedule of Regulatory Liabilities

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

(THOUSANDS)	AT SEPT. 30, 2018			AT DEC. 31, 2017
Regulatory liabilities - deferred taxes, net	$	(135,911	)	$	(140,426	)
Regulatory liabilities - other	$	(2,718	)	$	—
Regulatory assets
Mining costs	$	1,912		$	3,823
Interest costs	4,271			4,499
AROs	2,961			2,762
Postretirement costs	133,584			142,764
Tree trimming costs	8,535			7,193
Training costs	6,435			6,552
Surcredits, net	289			2,173
AMI deferred revenue requirement	3,817			4,227
Emergency declarations	3,378			4,131
Production operations and maintenance expenses	5,039			8,625
AFUDC equity gross-up	71,530			71,205
Acadia Unit 1 acquisition costs	2,257			2,336
Financing costs	8,015			8,293
MISO integration costs	—			468
Coughlin transaction costs	945			968
Corporate franchise tax, net	1,001			153
MATS costs	—			2,564
Non-service cost of postretirement benefits	3,484			—
Other	20			484
Total regulatory assets	257,473			273,220
Accumulated deferred fuel	39,898			13,980
Total regulatory assets, net	$	158,742		$	146,774