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Revenue Recognition
 3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Recognition
Note 4 — Revenue Recognition

Disaggregated Revenue
Operating revenue, net for the three months ended March 31, 2024, and 2023 was as follows:
FOR THE THREE MONTHS ENDED MAR. 31, 2024
(THOUSANDS)CLECO POWEROTHERELIMINATIONSTOTAL
Revenue from contracts with customers
Retail revenue
Residential (1)
$92,012 $— $— 92,012 
Commercial (1)
68,146 — — 68,146 
Industrial (1)
39,401 — — 39,401 
Other retail (1)
3,732 — — 3,732 
Electric customer credits(1,847)— — (1,847)
Total retail revenue201,444 — — 201,444 
Wholesale, net 49,855 
(1)
(2,323)
(2)
— 47,532 
Transmission13,894 — — 13,894 
Other 5,249 — — 5,249 
Affiliate (3)
8,869 29,667 (38,536)— 
Total revenue from contracts with customers279,311 27,344 (38,536)268,119 
Revenue unrelated to contracts with customers
Securitization revenue
8,074 — — 8,074 
Other 649 
(4)
— — 649 
Total revenue unrelated to contracts with customers 8,723 — — 8,723 
Operating revenue, net$288,034 $27,344 $(38,536)$276,842 
(1) Includes fuel recovery revenue.
(2) Amortization of intangible assets related to Cleco Power’s wholesale power supply agreements.
(3) Includes interdepartmental rents and support services. This revenue is eliminated upon consolidation.
(4) Realized gains associated with FTRs.
FOR THE THREE MONTHS ENDED MAR. 31, 2023
(THOUSANDS)CLECO POWEROTHERELIMINATIONSTOTAL
Revenue from contracts with customers
Retail revenue
Residential (1)
$107,196 $— $— $107,196 
Commercial (1)
77,657 — — 77,657 
Industrial (1)
49,410 — — 49,410 
Other retail (1)
4,574 — — 4,574 
Electric customer credits(651)— — (651)
Total retail revenue238,186 — — 238,186 
Wholesale, net56,683 
(1)
(2,420)
(2)
— 54,263 
Transmission12,530 — — 12,530 
Other5,549 — — 5,549 
Affiliate (3)
1,688 27,514 (29,202)— 
Total revenue from contracts with customers314,636 25,094 (29,202)310,528 
Revenue unrelated to contracts with customers
Securitization revenue9,226 — — 9,226 
Other826 
(4)
1 — 827 
Total revenue unrelated to contracts with customers 10,052 1 — 10,053 
Operating revenue, net$324,688 $25,095 $(29,202)$320,581 
(1) Includes fuel recovery revenue.
(2) Amortization of intangible assets related to Cleco Power’s wholesale power supply agreements.
(3) Includes interdepartmental rents and support services. This revenue is eliminated upon consolidation.
(4) Realized gains associated with FTRs.
Cleco and Cleco Power have unsatisfied performance obligations under contracts with wholesale and retail customers with durations between 2 and 11 years that primarily relate to stand-ready obligations as part of fixed capacity minimums. At March 31, 2024, Cleco and Cleco Power had $311.0 million of unsatisfied fixed performance obligations that will be recognized as revenue over the term of such contracts as the stand-ready obligation to provide energy is provided.