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Revenue Recognition
 9 Months Ended
Sep. 30, 2020
Revenue from Contract with Customer [Abstract]  
Revenue Recognition
Note 5 — Revenue Recognition

Disaggregated Revenue
Upon the completion of the Cleco Cajun Transaction on February 4, 2019, Cleco Cajun became a reportable segment. For more information on the transaction, see Note 2 — “Business Combinations.”
Operating revenue, net for the three and nine months ended September 30, 2020, and 2019, was as follows:
FOR THE THREE MONTHS ENDED SEPT. 30, 2020
(THOUSANDS)CLECO POWERCLECO CAJUNOTHERELIMINATIONSTOTAL
Revenue from contracts with customers
Retail revenue
Residential (1)
$128,981 $— $— $— $128,981 
Commercial (1)
68,220 — — — 68,220 
Industrial (1)
32,809 — — — 32,809 
Other retail (1)
3,614 — — — 3,614 
Electric customer credits(16,534)— — — (16,534)
Total retail revenue217,090 — — — 217,090 
Wholesale, net 52,216 
(1)
99,956 (2,420)
(2)
— 149,752 
Transmission, net14,656 13,818 — (1,510)26,964 
Other 3,118 — — — 3,118 
Affiliate (3)
1,506 — 35,522 (37,028)— 
Total revenue from contracts with customers288,586 113,774 33,102 (38,538)396,924 
Revenue unrelated to contracts with customers
Other 3,013 
(4)
17,513 
(5)
1 — 20,527 
Total revenue unrelated to contracts with customers 3,013 17,513 1 — 20,527 
Operating revenue, net$291,599 $131,287 $33,103 $(38,538)$417,451 
(1) Includes fuel recovery revenue.
(2) Amortization of intangible assets related to Cleco Power’s wholesale power supply agreements.
(3) Includes interdepartmental rents and support services. This revenue is eliminated upon consolidation.
(4) Includes realized gains associated with FTRs of $3.0 million.
(5) Includes $15.2 million in lease revenue related to the Cottonwood Sale Leaseback and $2.3 million of deferred lease revenue amortization.
FOR THE THREE MONTHS ENDED SEPT. 30, 2019
(THOUSANDS)CLECO POWERCLECO CAJUNOTHERELIMINATIONSTOTAL
Revenue from contracts with customers
Retail revenue
Residential (1)
$142,265 $— $— $— $142,265 
Commercial (1)
84,816 — — — 84,816 
Industrial (1)
36,830 — — — 36,830 
Other retail (1)
4,234 — — — 4,234 
Surcharge170 — — — 170 
Electric customer credits(13,711)— — — (13,711)
Total retail revenue254,604 — — — 254,604 
Wholesale, net69,558 
(1)
114,426 (2,420)
(2)
— 181,564 
Transmission14,034 15,435 — (2,442)27,027 
Other4,452 
(3)
— — — 4,452 
Affiliate (4)
334 31 28,252 (28,617)— 
Total revenue from contracts with customers342,982 129,892 25,832 (31,059)467,647 
Revenue unrelated to contracts with customers
Other1,995 
(5)
18,329 
(6)
— — 20,324 
Total revenue unrelated to contracts with customers 1,995 18,329 — — 20,324 
Operating revenue, net$344,977 $148,221 $25,832 $(31,059)$487,971 
(1) Includes fuel recovery revenue.
(2) Amortization of intangible assets related to Cleco Power’s wholesale power supply agreements.
(3) Other miscellaneous fee revenue.
(4) Includes interdepartmental rents and support services. This revenue is eliminated upon consolidation.
(5) Includes realized gains associated with FTRs.
(6) Includes $16.0 million in lease revenue related to the Cottonwood Sale Leaseback and $2.3 million of deferred lease revenue amortization.
FOR THE NINE MONTHS ENDED SEPT. 30, 2020
(THOUSANDS)CLECO POWERCLECO CAJUNOTHERELIMINATIONSTOTAL
Revenue from contracts with customers
Retail revenue
Residential (1)
$308,525 $— $— $— $308,525 
Commercial (1)
190,905 — — — 190,905 
Industrial (1)
94,227 — — — 94,227 
Other retail (1)
10,416 — — — 10,416 
Surcharge2,440 — — — 2,440 
Electric customer credits(33,219)— — — (33,219)
Total retail revenue573,294 — — — 573,294 
Wholesale, net 140,139 
(1)
273,836 (7,260)
(2)
— 406,715 
Transmission, net38,273 
(3)
39,880 
(4)
— (4,966)73,187 
Other 10,416 — — 1 10,417 
Affiliate (5)
3,852 204 93,938 (97,994)— 
Total revenue from contracts with customers765,974 313,920 86,678 (102,959)1,063,613 
Revenue unrelated to contracts with customers
Other 6,272 
(6)
52,895 
(7)
2 — 59,169 
Total revenue unrelated to contracts with customers 6,272 52,895 2 — 59,169 
Operating revenue, net$772,246 $366,815 $86,680 $(102,959)$1,122,782 
(1) Includes fuel recovery revenue.
(2) Amortization of intangible assets related to Cleco Power’s wholesale power supply agreements.
(3) Includes $0.8 million of electric customer credits.
(4) Includes $0.2 million of electric customer credits.
(5) Includes interdepartmental rents and support services. This revenue is eliminated upon consolidation.
(6) Includes realized gains associated with FTRs of $6.3 million.
(7) Includes $46.0 million in lease revenue related to the Cottonwood Sale Leaseback and $6.9 million of deferred lease revenue amortization.
FOR THE NINE MONTHS ENDED SEPT. 30, 2019
(THOUSANDS)CLECO POWERCLECO CAJUNOTHERELIMINATIONSTOTAL
Revenue from contracts with customers
Retail revenue
Residential (1)
$327,340 $— $— $— $327,340 
Commercial (1)
218,209 — — — 218,209 
Industrial (1)
109,545 — — — 109,545 
Other retail (1)
11,391 — — — 11,391 
Surcharge7,692 — — — 7,692 
Electric customer credits(30,565)— — — (30,565)
Total retail revenue643,612 — — — 643,612 
Wholesale, net179,633 
(1)
273,256 (7,260)
(2)
— 445,629 
Transmission38,679 36,625 — (5,395)69,909 
Other14,640 
(3)
— 2 — 14,642 
Affiliate (4)
971 31 77,800 (78,802)— 
Total revenue from contracts with customers877,535 309,912 70,542 (84,197)1,173,792 
Revenue unrelated to contracts with customers
Other9,158 
(5)
47,081 
(6)
— (1)56,238 
Total revenue unrelated to contracts with customers 9,158 47,081 — (1)56,238 
Operating revenue, net$886,693 $356,993 $70,542 $(84,198)$1,230,030 
(1) Includes fuel recovery revenue.
(2) Amortization of intangible assets related to Cleco Power’s wholesale power supply agreements.
(3) Includes $11.4 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 $11.7 million and the reversal of the Lost Contribution to Fixed Cost revenue of $2.6 million.
(6) Includes $40.9 million in lease revenue related to the Cottonwood Sale Leaseback and $6.1 million of deferred lease revenue amortization.
Cleco and Cleco Power have unsatisfied performance obligations with durations ranging between 1 and 15 years that primarily relate to stand-ready obligations as part of fixed capacity minimums. At September 30, 2020, Cleco and Cleco Power had $75.7 million of unsatisfied fixed performance obligations that will be recognized as revenue over the term of such contracts as the stand-ready obligation to provide energy is provided.