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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2020
Income Taxes [Line Items]  
Schedule of Effective Income Tax Rate Reconciliation The differences are as follows:
FOR THE YEAR ENDED DEC. 31,
(THOUSANDS, EXCEPT PERCENTAGES)202020192018
Income before tax$158,018 $195,830 $123,819 
Statutory rate21.0 %21.0 %21.0 %
Tax expense at federal statutory rate$33,184 $41,124 $26,002 
Increase (decrease)
Plant differences, including AFUDC flowthrough
5,100 (4,687)(401)
State income taxes, net of federal benefit
7,190 9,565 6,288 
Return to accrual adjustment
7,218 (3,963)(193)
NMTC
— — (1,578)
Amortization of excess ADIT(16,667)— — 
Other, net(307)1,126 (736)
Total tax expense $35,718 $43,165 $29,382 
Effective rate22.6 %22.0 %23.7 %
Schedule of Current and Deferred Income Tax Expense
Information about current and deferred income tax expense is as follows:

FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)2020 2019 2018
Current federal income tax (benefit) expense $(2,634)$1,600 $15,304 
Deferred federal income tax expense21,865 37,963 5,863 
Amortization of accumulated deferred investment tax credits
(159)(191)(236)
Total federal income tax expense $19,072 $39,372 $20,931 
Current state income tax expense2,636 1,675 7,771 
Deferred state income tax expense
14,010 2,118 680 
Total state income tax expense
$16,646 $3,793 $8,451 
Total federal and state income tax expense
$35,718 $43,165 $29,382 
Items charged or credited directly to member’s equity
Federal deferred(2,202)(5,130)1,408 
State deferred(720)(1,678)460 
Total tax expense (benefit) from items charged directly to member’s equity$(2,922)$(6,808)$1,868 
Total federal and state income tax expense $32,796 $36,357 $31,250 
Schedule of Deferred Tax Assets and Liabilities
The balance of accumulated deferred federal and state income tax assets and liabilities at December 31, 2020, and 2019 was comprised of the following:

AT DEC. 31,
(THOUSANDS)20202019
Depreciation and property basis differences
$(865,807)$(862,263)
Net operating loss carryforward109,819 120,955 
NMTC92,364 92,364 
Fuel costs(8,906)(3,984)
Other comprehensive income13,016 10,612 
Regulated operations regulatory liability, net
47,060 34,836 
Postretirement benefits
25,775 22,691 
Merger fair value adjustments(51,073)(52,957)
Other(23,624)(19,312)
Accumulated deferred federal and state income taxes, net
$(661,376)$(657,058)
CLECO POWER  
Income Taxes [Line Items]  
Schedule of Effective Income Tax Rate Reconciliation The differences are as follows:
 FOR THE YEAR ENDED DEC. 31,
(THOUSANDS, EXCEPT PERCENTAGES)202020192018
Income before tax$123,454 $193,714 $218,181 
Statutory rate21.0 %21.0 %21.0 %
Tax expense at federal statutory rate
$25,925 $40,680 $45,818 
Increase (decrease)  
Plant differences, including AFUDC flowthrough
5,100 (4,687)(401)
State income taxes, net of federal benefit
6,303 11,683 11,080 
Return to accrual adjustment
7,082 (2,008)483 
Amortization of excess ADIT(16,667)— — 
Other, net(944)(216)(1,056)
Total taxes$26,799 $45,452 $55,924 
Effective rate21.7 %23.5 %25.6 %
Schedule of Current and Deferred Income Tax Expense
Information about current and deferred income tax expense is as follows:

 FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)202020192018
Current federal income tax expense
$15,724 $14,781 $44,411 
Deferred federal income tax (benefit) expense(5,033)22,443 (9,033)
Amortization of accumulated deferred investment tax credits
(159)(191)(236)
Total federal income tax expense$10,532 $37,033 $35,142 
Current state income tax expense
5,069 9,063 23,293 
Deferred state income tax benefit
11,198 (644)(2,511)
Total state income tax expense
$16,267 $8,419 $20,782 
Total federal and state income taxes
$26,799 $45,452 $55,924 
Items charged or credited directly to members’ equity
  
Federal deferred(576)(2,500)797 
State deferred(189)(818)261 
Total tax expense (benefit) from items charged directly to member’s equity$(765)$(3,318)$1,058 
Total federal and state income tax expense
$26,034 $42,134 $56,982 
Schedule of Deferred Tax Assets and Liabilities
The balance of accumulated deferred federal and state income tax assets and liabilities at December 31, 2020, and 2019 was comprised of the following:

AT DEC. 31,
(THOUSANDS)20202019
Depreciation and property basis differences
$(725,034)$(705,423)
Net operating loss carryforward35,442 2,714 
Fuel costs(7,072)(5,608)
Other comprehensive income8,274 7,510 
Regulated operations regulatory liability, net
47,060 34,836 
Postretirement benefits
11,951 10,044 
Other(5,219)(1,907)
Accumulated deferred federal and state income taxes, net
$(634,598)$(657,834)