Operating revenue, net for the three and six months ended June 30, 2019, and 2018, was as follows:



	FOR THE THREE MONTHS ENDED JUNE 30, 2019
(THOUSANDS)	CLECO POWER				CLECO CAJUN				OTHER				ELIMINATIONS			TOTAL
Revenue from contracts with customers
Retail revenue
Residential ⁽¹⁾	$	97,927			$	—			$	—			$	—		$	97,927
Commercial ⁽¹⁾	68,013				—				—				—			68,013
Industrial ⁽¹⁾	34,845				—				—				—			34,845
Other retail ⁽¹⁾	3,476				—				—				—			3,476
Surcharge	2,201				—				—				—			2,201
Electric customer credits	(8,693		)		—				—				—			(8,693		)
Total retail revenue	197,769				—				—				—			197,769
Wholesale, net	54,529			⁽¹⁾	100,702				(2,420		)	⁽²⁾	—			152,811
Transmission	12,067				12,462				—				(2,954		)	21,575
Other	3,337			⁽³⁾	(38		)		—				—			3,299
Affiliate ⁽⁴⁾	337				—				23,012				(23,349		)	—
Total revenue from contracts with customers	268,039				113,126				20,592				(26,303		)	375,454
Revenue unrelated to contracts with customers
Other	4,933			⁽⁵⁾	17,486			⁽⁶⁾	—				—			22,419
Total revenue unrelated to contracts with customers	4,933				17,486				—				—			22,419
Operating revenue, net	$	272,972			$	130,612			$	20,592			$	(26,303	)	$	397,873

⁽¹⁾Includes fuel recovery revenue.

⁽²⁾ Amortization of intangible assets related to Cleco Power’s wholesale power supply agreements.

⁽³⁾ Includes $2.5 million of other miscellaneous fee revenue and $0.8 million of Teche Unit 3 SSR revenue at Cleco Power.

⁽⁴⁾Includes interdepartmental rents and support services. This revenue is eliminated upon consolidation.

⁽⁵⁾Includes realized gains associated with FTRs of $4.9 million.

⁽⁶⁾Includes $15.1 million in lease revenue related to the Cottonwood Sale Leaseback and $2.4 million of deferred lease revenue amortization.



	FOR THE THREE MONTHS ENDED JUNE 30, 2018
(THOUSANDS)	CLECO POWER			OTHER				ELIMINATIONS			TOTAL
Revenue from contracts with customers
Retail revenue
Residential ⁽¹⁾	$	107,805		$	—			$	—		$	107,805
Commercial ⁽¹⁾	71,865			—				—			71,865
Industrial ⁽¹⁾	40,679			—				—			40,679
Other retail ⁽¹⁾	3,793			—				—			3,793
Surcharge	6,193			—				—			6,193
Electric customer credits	(13,637		)	—				—			(13,637		)
Total retail revenue	216,698			—				—			216,698
Wholesale, net ⁽¹⁾	54,662			(2,420		)	⁽²⁾	—			52,242
Transmission	11,943			—				—			11,943
Other ⁽³⁾	6,742			—				—			6,742
Affiliate	220			17,273				(17,493		)	—
Total revenue from contracts with customers	290,265			14,853				(17,493		)	287,625
Revenue unrelated to contracts with customers
Other	11,636			—				—			11,636
Total revenue unrelated to contracts with customers	11,636			—				—			11,636
Operating revenue, net	$	301,901		$	14,853			$	(17,493	)	$	299,261

⁽¹⁾Includes fuel recovery revenue.

⁽²⁾ Amortization of intangible assets related to Cleco Power’s wholesale power supply agreements.

⁽³⁾ Other revenue from contracts with customers includes $4.1 million of other miscellaneous fee revenue and $2.6 million of Teche Unit 3 SSR revenue, net of $0.3 million of reserves for capital expenditures.



	FOR THE SIX MONTHS ENDED JUNE 30, 2019
(THOUSANDS)	CLECO POWER				CLECO CAJUN				OTHER				ELIMINATIONS			TOTAL
Revenue from contracts with customers
Retail revenue
Residential ⁽¹⁾	$	185,075			$	—			$	—			$	—		$	185,075
Commercial ⁽¹⁾	133,393				—				—				—			133,393
Industrial ⁽¹⁾	72,715				—				—				—			72,715
Other retail ⁽¹⁾	7,157				—				—				—			7,157
Surcharge	7,522				—				—				—			7,522
Electric customer credits	(16,853		)		—				—				—			(16,853		)
Total retail revenue	389,009				—				—				—			389,009
Wholesale, net	110,075			⁽¹⁾	158,893				(4,840		)	⁽²⁾	—			264,128
Transmission	24,645				21,190				2				(2,954		)	42,883
Other	10,189			⁽³⁾	(64		)		—				—			10,125
Affiliate ⁽⁴⁾	637				—				49,547				(50,184		)	—
Total revenue from contracts with customers	534,555				180,019				44,709				(53,138		)	706,145
Revenue unrelated to contracts with customers
Other	7,162			⁽⁵⁾	28,753			⁽⁶⁾	—				—			35,915
Total revenue unrelated to contracts with customers	7,162				28,753				—				—			35,915
Operating revenue, net	$	541,717			$	208,772			$	44,709			$	(53,138	)	$	742,060

⁽¹⁾Includes fuel recovery revenue.

⁽²⁾ Amortization of intangible assets related to Cleco Power’s wholesale power supply agreements.

⁽³⁾ Includes $6.9 million of other miscellaneous fee revenue and $3.2 million of Teche Unit 3 SSR revenue at Cleco Power.

⁽⁴⁾Includes interdepartmental rents and support services. This revenue is eliminated upon consolidation.

⁽⁵⁾Includes realized gains associated with FTRs of $9.8 million and the reversal of the Lost Contribution to Fixed Cost revenue of $(2.6) million.

⁽⁶⁾Includes $24.9 million in lease revenue related to the Cottonwood Sale Leaseback and $3.8 million of deferred lease revenue amortization.



	FOR THE SIX MONTHS ENDED JUNE 30, 2018
(THOUSANDS)	CLECO POWER			OTHER				ELIMINATIONS			TOTAL
Revenue from contracts with customers
Retail revenue
Residential ⁽¹⁾	$	199,195		$	—			$	—		$	199,195
Commercial ⁽¹⁾	138,560			—				—			138,560
Industrial ⁽¹⁾	78,065			—				—			78,065
Other retail ⁽¹⁾	7,594			—				—			7,594
Surcharge	11,431			—				—			11,431
Electric customer credits	(21,284		)	—				—			(21,284		)
Total retail revenue	413,561			—				—			413,561
Wholesale, net ⁽¹⁾	101,631			(4,840		)	⁽²⁾	—			96,791
Transmission	26,448			—				—			26,448
Other ⁽³⁾	14,432			1				—			14,433
Affiliate	428			32,942				(33,370		)	—
Total revenue from contracts with customers	556,500			28,103				(33,370		)	551,233
Revenue unrelated to contracts with customers
Other	24,788			—				—			24,788
Total revenue unrelated to contracts with customers	24,788			—				—			24,788
Operating revenue, net	$	581,288		$	28,103			$	(33,370	)	$	576,021

⁽¹⁾Includes fuel recovery revenue.

⁽²⁾ Amortization of intangible assets related to Cleco Power’s wholesale power supply agreements.

⁽³⁾ Other revenue from contracts with customers includes $8.6 million of other miscellaneous fee revenue and $5.8 million of Teche Unit 3 SSR revenue, net of $2.2 million of reserves for capital expenditures.