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Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2023
Restricted Cash and Cash Equivalents Items [Line Items]  
Restricted Cash and Cash Equivalents
Cleco’s and Cleco Power’s restricted cash and cash equivalents consisted of the following:
Cleco
(THOUSANDS)AT MAR. 31, 2023AT DEC. 31, 2022
Current
Cleco Power’s storm restoration costs - Hurricane Ida$9,523 $9,409 
Cleco Securitization I’s operating expenses and storm recovery bond issuance costs and debt service6,056 14,140 
Total current15,579 23,549 
Non-current
Diversified Lands’ mitigation escrow23 23 
Cleco Power’s future storm restoration costs104,352 103,306 
Cleco Power’s storm restoration costs - Hurricane Ida6,129 6,086 
Total non-current110,504 109,415 
Total restricted cash and cash equivalents$126,083 $132,964 
Changes in Allowance for Credit Losses, Other
The tables below present the changes in the allowance for credit losses by receivable for Cleco and Cleco Power:
Cleco
(THOUSANDS)ACCOUNTS
RECEIVABLE
OTHER*
TOTAL
Balances, Dec. 31, 2022$1,147 $1,638 $2,785 
Current period provision1,240 — 1,240 
Charge-offs(1,637)— (1,637)
Recovery377 — 377 
Balances, Mar. 31, 2023$1,127 $1,638 $2,765 
* Loan held at Diversified Lands that was fully reserved at December 31, 2020.
(THOUSANDS)ACCOUNTS
RECEIVABLE
OTHER*
TOTAL
Balances, Dec. 31, 2021$1,302 $1,638 $2,940 
Current period provision391 — 391 
Charge-offs(1,089)— (1,089)
Recovery398 — 398 
Balances, Mar. 31, 2022$1,002 $1,638 $2,640 
* Loan held at Diversified Lands that was fully reserved at December 31, 2020.
Changes in Allowance for Credit Losses, Accounts Receivable
The tables below present the changes in the allowance for credit losses by receivable for Cleco and Cleco Power:
Cleco
(THOUSANDS)ACCOUNTS
RECEIVABLE
OTHER*
TOTAL
Balances, Dec. 31, 2022$1,147 $1,638 $2,785 
Current period provision1,240 — 1,240 
Charge-offs(1,637)— (1,637)
Recovery377 — 377 
Balances, Mar. 31, 2023$1,127 $1,638 $2,765 
* Loan held at Diversified Lands that was fully reserved at December 31, 2020.
(THOUSANDS)ACCOUNTS
RECEIVABLE
OTHER*
TOTAL
Balances, Dec. 31, 2021$1,302 $1,638 $2,940 
Current period provision391 — 391 
Charge-offs(1,089)— (1,089)
Recovery398 — 398 
Balances, Mar. 31, 2022$1,002 $1,638 $2,640 
* Loan held at Diversified Lands that was fully reserved at December 31, 2020.
CLECO POWER  
Restricted Cash and Cash Equivalents Items [Line Items]  
Restricted Cash and Cash Equivalents
Cleco Power
(THOUSANDS)AT MAR. 31, 2023AT DEC. 31, 2022
Current
Storm restoration costs - Hurricane Ida$9,523 $9,409 
Cleco Securitization I’s operating expenses and storm recovery bond issuance costs6,056 14,140 
Total current15,579 23,549 
Non-current
Future storm restoration costs104,352 103,306 
Storm restoration costs - Hurricane Ida6,129 6,086 
Total non-current110,481 109,392 
Total restricted cash and cash equivalents$126,060 $132,941 
Changes in Allowance for Credit Losses, Accounts Receivable
Cleco Power
(THOUSANDS)ACCOUNTS
 RECEIVABLE
Balance, Dec. 31, 2022$1,147 
Current period provision1,240 
Charge-offs(1,637)
Recovery377 
Balance, Mar. 31, 2023$1,127 

(THOUSANDS)ACCOUNTS
 RECEIVABLE
Balance, Dec. 31, 2021$1,302 
Current period provision391 
Charge-offs(1,089)
Recovery398 
Balance, Mar. 31, 2022$1,002