Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Operating revenue, net for the three months ended March 31, 2022, and 2021 was as follows:

	FOR THE THREE MONTHS ENDED MAR. 31, 2022
(THOUSANDS)	CLECO POWER			CLECO CAJUN			OTHER			ELIMINATIONS		TOTAL
Revenue from contracts with customers
Retail revenue
Residential (1)	$	112,423		$	—		$	—		$	—	$	112,423
Commercial (1)	76,534			—			—			—		76,534
Industrial (1)	46,274			—			—			—		46,274
Other retail (1)	4,129			—			—			—		4,129
Electric customer credits	(136)			—			—			—		(136)
Total retail revenue	239,224			—			—			—		239,224
Wholesale, net	55,364		(1)	103,633		(2)	(2,420)		(3)	—		156,577
Transmission, net	13,892			17,743			—			(2,690)		28,945
Other	5,193			—			—			—		5,193
Affiliate (4)	1,459			—			27,393			(28,852)		—
Total revenue from contracts with customers	315,132			121,376			24,973			(31,542)		429,939
Revenue unrelated to contracts with customers
Other	1,372		(5)	17,869		(6)	1			(1)		19,241
Total revenue unrelated to contracts with customers	1,372			17,869			1			(1)		19,241
Operating revenue, net	$	316,504		$	139,245		$	24,974		$	(31,543)	$	449,180

(1) Includes fuel recovery revenue.

(2) Includes $(3.6) million of amortization of intangible assets and liabilities related to Cleco Cajun’s wholesale power supply agreements.

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

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

(5) Realized gains associated with FTRs.

(6) Includes $15.5 million in lease revenue related to the Cottonwood Sale Leaseback and $2.3 million of deferred lease revenue amortization.

	FOR THE THREE MONTHS ENDED MAR. 31, 2021
(THOUSANDS)	CLECO POWER			CLECO CAJUN			OTHER			ELIMINATIONS		TOTAL
Revenue from contracts with customers
Retail revenue
Residential (1)	$	95,081		$	—		$	—		$	—	$	95,081
Commercial (1)	63,026			—			—			—		63,026
Industrial (1)	36,666			—			—			—		36,666
Other retail (1)	3,570			—			—			—		3,570
Electric customer credits	(20,976)			—			—			—		(20,976)
Total retail revenue	177,367			—			—			—		177,367
Wholesale, net	61,722		(1)	101,507		(2)	(2,420)		(3)	—		160,809
Transmission, net	13,982			15,257			—			(1,940)		27,299
Other	4,642			—			—			—		4,642
Affiliate (4)	1,655			—			27,156			(28,811)		—
Total revenue from contracts with customers	259,368			116,764			24,736			(30,751)		370,117
Revenue unrelated to contracts with customers
Other	7,095		(5)	17,782		(6)	1			—		24,878
Total revenue unrelated to contracts with customers	7,095			17,782			1			—		24,878
Operating revenue, net	$	266,463		$	134,546		$	24,737		$	(30,751)	$	394,995

(1) Includes fuel recovery revenue.

(2) Includes $(3.1) million of amortization of intangible assets and liabilities related to Cleco Cajun’s wholesale power supply agreements.

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

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

(5) Realized gains associated with FTRs.

(6) Includes $15.5 million in lease revenue related to the Cottonwood Sale Leaseback and $2.3 million of deferred lease revenue amortization.