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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue Operating revenue, net for the years ended December 31, 2022, 2021, and 2020 was as follows:
FOR THE YEAR ENDED DEC. 31, 2022
(THOUSANDS)CLECO POWERCLECO CAJUNOTHERELIMINATIONSTOTAL
Revenue from contracts with customers
Retail revenue
Residential (1)
$558,247 $ $ $ $558,247 
Commercial (1)
370,678    370,678 
Industrial (1)
229,634    229,634 
Other retail (1)
18,727    18,727 
Electric customer credits(7,674)   (7,674)
Total retail revenue1,169,612    1,169,612 
Wholesale, net331,906 
(1)
496,042 
(2)
(9,680)
(3)
 818,268 
Transmission63,545 77,187  (10,212)130,520 
Other21,966    21,966 
Affiliate (4)
6,377  109,015 (115,392) 
Total revenue from contracts with customers1,593,406 573,229 99,335 (125,604)2,140,366 
Revenue unrelated to contracts with customers
Securitization13,247    13,247 
Other 13,875 
(5)
71,636 
(6)
9 (1)85,519 
Total revenue unrelated to contracts with customers 27,122 71,636 9 (1)98,766 
Operating revenue, net$1,620,528 $644,865 $99,344 $(125,605)$2,239,132 
(1) Includes fuel recovery revenue.
(2) Includes $(14.4) 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) Represents realized gains associated with FTRs.
(6) Includes $62.4 million in lease revenue related to the Cottonwood Sale Leaseback and $9.2 million of deferred lease revenue amortization.
FOR THE YEAR ENDED DEC. 31, 2021
(THOUSANDS)CLECO POWERCLECO CAJUNOTHERELIMINATIONSTOTAL
Revenue from contracts with customers
Retail revenue
Residential (1)
$453,873 $— $— $— $453,873 
Commercial (1)
294,553 — — — 294,553 
Industrial (1)
175,134 — — — 175,134 
Other retail (1)
16,105 — — — 16,105 
Electric customer credits(41,007)— — — (41,007)
Total retail revenue898,658 — — — 898,658 
Wholesale, net250,987 
(1)
398,226 
(2)
(9,680)
(3)
639,534 
Transmission, net55,963 
(4)
61,500 
(5)
— (7,615)109,848 
Other18,791 — — 18,799 
Affiliate (6)
5,641 — 113,623 (119,264)— 
Total revenue from contracts with customers1,230,040 459,726 103,951 (126,878)1,666,839 
Revenue unrelated to contracts with customers
Other 11,597 
(7)
67,493 
(8)
— — 79,090 
Total revenue unrelated to contracts with customers 11,597 67,493 — — 79,090 
Operating revenue, net$1,241,637 $527,219 $103,951 $(126,878)$1,745,929 
(1) Includes fuel recovery revenue.
(2) Includes $(13.5) 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 $0.1 million of electric customer credits.
(5) Includes $0.2 million of electric customer credits.
(6) Includes interdepartmental rents and support services. This revenue is eliminated upon consolidation.
(7) Represents realized gains associated with FTRs.
(8) Includes $58.2 million in lease revenue related to the Cottonwood Sale Leaseback and $9.2 million of deferred lease revenue amortization.
FOR THE YEAR ENDED DEC. 31, 2020
(THOUSANDS)CLECO POWERCLECO CAJUNOTHERELIMINATIONSTOTAL
Revenue from contracts with customers
Retail revenue
Residential (1)
$402,050 $— $— $— $402,050 
Commercial (1)
256,964 — — — 256,964 
Industrial (1)
137,920 — — — 137,920 
Other retail (1)
14,235 — — — 14,235 
Storm recovery surcharge2,440 — — — 2,440 
Electric customer credits(52,208)— — — (52,208)
Total retail revenue761,401 — — — 761,401 
Wholesale, net192,187 
(1)
365,555 
(2)
(9,680)
(3)
— 548,062 
Transmission49,164 
(4)
51,449 
(5)
— (6,463)94,150 
Other15,162 — — 15,163 
Affiliate (6)
5,156 204 129,126 (134,486)— 
Total revenue from contracts with customers1,023,070 417,208 119,446 (140,948)1,418,776 
Revenue unrelated to contracts with customers
Other9,222 
(7)
70,145 
(8)
— 79,370 
Total revenue unrelated to contracts with customers 9,222 70,145 — 79,370 
Operating revenue, net$1,032,292 $487,353 $119,449 $(140,948)$1,498,146 
(1) Includes fuel recovery revenue.
(2) Includes $(12.4) 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 $(0.9) million of electric customer credits.
(5) Includes $(0.2) million of electric customer credits.
(6) Includes interdepartmental rents and support services. This revenue is eliminated upon consolidation.
(7) Represents realized gains associated with FTRs.
(8) Includes $60.9 million in lease revenue related to the Cottonwood Sale Leaseback and $9.2 million of deferred lease revenue amortization.