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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2021
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)202120202019
Income before tax$208,077 $158,018 $195,830 
Statutory rate21.0 %21.0 %21.0 %
Tax expense at federal statutory rate$43,696 $33,184 $41,124 
Increase (decrease)
Plant differences, including AFUDC flowthrough(356)5,100 (4,687)
State income taxes, net of federal benefit9,619 7,190 9,565 
Return to accrual adjustment(3,862)7,218 (3,963)
Amortization of excess ADIT(37,254)(16,667)— 
Other, net1,268 (307)1,126 
Total tax expense $13,111 $35,718 $43,165 
Effective rate6.3 %22.6 %22.0 %
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)202120202019
Current federal income tax (benefit) expense $(2)$(2,634)$1,600 
Deferred federal income tax (benefit) expense(9,581)21,865 37,963 
Amortization of accumulated deferred investment tax credits
(142)(159)(191)
Total federal income tax (benefit) expense $(9,725)$19,072 $39,372 
Current state income tax (benefit) expense(699)2,636 1,675 
Deferred state income tax expense
23,535 14,010 2,118 
Total state income tax expense
$22,836 $16,646 $3,793 
Total federal and state income tax expense
$13,111 $35,718 $43,165 
Items charged or credited directly to member’s equity
Federal deferred514 (2,202)(5,130)
State deferred(120)(720)(1,678)
Total tax expense (benefit) from items charged directly to member’s equity$394 $(2,922)$(6,808)
Total federal and state income tax expense $13,505 $32,796 $36,357 
Schedule of Deferred Tax Assets and Liabilities
The balance of accumulated deferred federal and state income tax assets and liabilities at December 31, 2021, and 2020 was comprised of the following:

AT DEC. 31,
(THOUSANDS)20212020
Depreciation and property basis differences
$(885,747)$(865,807)
Net operating loss carryforward195,488 109,819 
NMTC92,364 92,364 
Fuel costs(38,070)(8,906)
Other comprehensive income12,750 13,016 
Regulated operations regulatory liability, net
(93,990)47,060 
Postretirement benefits
34,683 25,775 
Merger fair value adjustments(49,806)(51,073)
Other(23,436)(23,624)
Accumulated deferred federal and state income taxes, net
$(755,764)$(661,376)
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)202120202019
Income before tax$124,735 $123,454 $193,714 
Statutory rate21.0 %21.0 %21.0 %
Tax expense at federal statutory rate
$26,194 $25,925 $40,680 
Increase (decrease)  
Plant differences, including AFUDC flowthrough
(356)5,100 (4,687)
State income taxes, net of federal benefit
6,343 6,303 11,683 
Return to accrual adjustment
(3,831)7,082 (2,008)
Amortization of excess ADIT(37,254)(16,667)— 
Other, net(449)(944)(216)
Total taxes$(9,353)$26,799 $45,452 
Effective rate(7.5)%21.7 %23.5 %
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)202120202019
Current federal income tax expense
$— $15,724 $14,781 
Deferred federal income tax (benefit) expense(23,071)(5,033)22,443 
Amortization of accumulated deferred investment tax credits
(142)(159)(191)
Total federal income tax (benefit) expense$(23,213)$10,532 $37,033 
Current state income tax expense
— 5,069 9,063 
Deferred state income tax expense (benefit)13,860 11,198 (644)
Total state income tax expense
$13,860 $16,267 $8,419 
Total federal and state income tax (benefit) expense$(9,353)$26,799 $45,452 
Items charged or credited directly to members’ equity
  
Federal deferred1,714 (576)(2,500)
State deferred338 (189)(818)
Total tax expense (benefit) from items charged directly to member’s equity$2,052 $(765)$(3,318)
Total federal and state income tax (benefit) expense$(7,301)$26,034 $42,134 
Schedule of Deferred Tax Assets and Liabilities
The balance of accumulated deferred federal and state income tax assets and liabilities at December 31, 2021, and 2020 was comprised of the following:
AT DEC. 31,
(THOUSANDS)20212020
Depreciation and property basis differences
$(744,594)$(725,034)
Net operating loss carryforward125,392 35,442 
Fuel costs(14,552)(7,072)
Other comprehensive income6,222 8,274 
Regulated operations regulatory liability, net
(93,990)47,060 
Postretirement benefits
20,649 11,951 
Other(6,606)(5,219)
Accumulated deferred federal and state income taxes, net
$(707,479)$(634,598)