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Cleco Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenue    
Electric operations $ 251,471 $ 293,928
Other operations 27,218 27,304
Gross operating revenue 278,689 321,232
Electric customer credits (1,847) (651)
Operating revenue, net 276,842 320,581
Operating expenses    
Fuel used for electric generation 80,737 195,977
Purchased power 37,791 40,438
Other operations and maintenance 60,540 57,518
Depreciation and amortization 96,052 52,789
Taxes other than income taxes 16,099 16,787
Total operating expenses 291,219 363,509
Operating loss (14,377) (42,928)
Interest income 1,408 1,267
Allowance for equity funds used during construction 134 1,231
Equity income from investee before income tax 677 0
Other income, net 1,398 536
Interest charges    
Interest charges, net 42,792 40,005
Allowance for borrowed funds used during construction (2,030) (517)
Total interest charges 40,762 39,488
Loss from continuing operations before income taxes (51,522) (79,382)
Federal and state income tax expense 37,671 43,693
Loss from continuing operations, net of income taxes (89,193) (123,075)
Income from discontinued operations, net of income taxes 31,962 19,053
Net loss $ (57,231) $ (104,022)