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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating revenue      
Electric operations $ 1,590,796 $ 1,370,893 $ 1,496,736
Other operations 195,767 180,524 182,832
Affiliate revenue 0 0 0
Gross operating revenue 1,786,563 1,551,417 1,679,568
Electric customer credits (40,634) (53,271) (39,963)
Operating revenue, net 1,745,929 1,498,146 1,639,605
Operating expenses      
Fuel used for electric generation 349,227 326,869 466,831
Purchased power 444,905 282,255 280,991
Other operations and maintenance 304,560 299,640 291,031
Depreciation and amortization 237,415 219,363 216,320
Taxes other than income taxes 64,509 61,321 61,870
Merger transaction and commitment costs 436 3,606 7,668
Total operating expenses 1,401,052 1,193,054 1,324,711
Operating income 344,877 305,092 314,894
Interest income 3,312 3,948 6,090
Allowance for equity funds used during construction 9,905 998 15,397
Other (expense) income, net (15,681) (14,156) 758
Interest charges      
Interest charges, net 137,050 139,272 147,346
Allowance for borrowed funds used during construction (2,714) (1,408) (6,037)
Total interest charges 134,336 137,864 141,309
Income before income taxes 208,077 158,018 195,830
Federal and state income tax expense 13,111 35,718 43,165
Net income 194,966 122,300 152,665
CLECO POWER      
Operating revenue      
Electric operations 1,202,249 1,015,018 1,130,928
Other operations 74,625 65,237 72,833
Affiliate revenue 5,641 5,156 3,125
Gross operating revenue 1,282,515 1,085,411 1,206,886
Electric customer credits (40,878) (53,119) (38,516)
Operating revenue, net 1,241,637 1,032,292 1,168,370
Operating expenses      
Fuel used for electric generation 396,279 293,492 385,317
Purchased power 194,818 100,698 111,208
Other operations and maintenance 223,257 221,146 207,164
Depreciation and amortization 173,498 166,987 172,471
Taxes other than income taxes 49,598 44,631 43,742
Total operating expenses 1,037,450 826,954 919,902
Operating income 204,187 205,338 248,468
Interest income 3,294 3,362 4,744
Allowance for equity funds used during construction 9,905 998 15,397
Other (expense) income, net (19,561) (12,259) (3,616)
Interest charges      
Interest charges, net 75,804 75,393 77,316
Allowance for borrowed funds used during construction (2,714) (1,408) (6,037)
Total interest charges 73,090 73,985 71,279
Income before income taxes 124,735 123,454 193,714
Federal and state income tax expense (9,353) 26,799 45,452
Net income $ 134,088 $ 96,655 $ 148,262