Cleco Power Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Utility plant and equipment
Property, plant, and equipment	$ 4,991,574	$ 4,838,994
Accumulated depreciation	(1,050,376)	(924,624)
Net property, plant, and equipment	3,941,198	3,914,370
Construction work in progress	138,040	119,572
Total property, plant, and equipment, net	4,079,238	4,033,942
Current assets
Cash and cash equivalents	30,472	122,576
Restricted cash and cash equivalents	15,918	15,818
Other accounts receivable	23,979	30,518
Unbilled revenue	44,687	42,856
Fuel inventory, at average cost	95,810	68,387
Materials and supplies, at average cost	158,976	141,688
Energy risk management assets	11,294	8,129
Accumulated deferred fuel	457	11,627
Cash surrender value of company-owned life insurance policies	61,891	56,922
Prepayments	27,685	24,269
Regulatory assets	295,125	34,280
Other current assets	0	918
Total current assets	849,273	790,667
Operating lease right of use assets	14,905	20,070
Restricted cash and cash equivalents	116,493	113,573
Note receivable	0	11,990
Regulatory assets - deferred taxes, net	2,008	43,866
Regulatory assets	308,833	615,495
Other deferred charges	17,247	24,484
Total assets	7,369,606	8,100,393
Liabilities and member’s equity
Member’s equity	2,841,014	2,873,173
Long-term debt and finance leases, net	2,645,043	3,141,924
Current liabilities
Short-term debt	120,000	110,000
Long-term debt and finance leases due within one year	264,934	256,811
Customer deposits	58,002	56,982
Provision for rate refund	20,510	60,768
Taxes payable	59,629	19,963
Interest accrued	19,919	22,209
Energy risk management liabilities	256	15,786
Regulatory liabilities	8,327	21,939
Postretirement benefit obligations	26,439	35,520
Other current liabilities	29,565	24,378
Total current liabilities	771,445	808,136
Commitments and contingencies (Note 16)
Long-term liabilities and deferred credits
Accumulated deferred federal and state income taxes, net	748,246	801,397
Postretirement benefit obligations	166,702	196,321
Regulatory liabilities	1,500	0
Storm reserves	76,178	111,509
Asset retirement obligations	13,450	13,723
Operating lease liabilities	12,788	17,276
Provision for rate refund	19,896	0
Customer advances for construction	27,440	26,815
Credit deposits	14,750	7,000
Other deferred credits	31,154	27,186
Total long-term liabilities and deferred credits	1,112,104	1,277,160
Total liabilities and member’s equity	7,369,606	8,100,393
Securitization
Current assets
Intangible asset - securitization	384,908	398,658
Nonrelated Party
Current assets
Accounts receivable	47,520	48,949
Current liabilities
Accounts payable	125,483	119,801
Affiliate
Current assets
Accounts receivable	35,459	24,216
Current liabilities
Accounts payable	21,368	10,683
CLECO POWER
Utility plant and equipment
Property, plant, and equipment	6,113,217	5,969,355
Accumulated depreciation	(2,348,169)	(2,244,217)
Net property, plant, and equipment	3,765,048	3,725,138
Construction work in progress	136,217	118,249
Total property, plant, and equipment, net	3,901,265	3,843,387
Current assets
Cash and cash equivalents	23,714	49,211
Restricted cash and cash equivalents	15,918	15,818
Other accounts receivable	23,233	27,768
Unbilled revenue	44,687	42,856
Fuel inventory, at average cost	95,810	68,387
Materials and supplies, at average cost	158,976	141,688
Energy risk management assets	11,294	3,087
Accumulated deferred fuel	457	11,627
Cash surrender value of company-owned life insurance policies	10,123	9,792
Prepayments	23,524	17,375
Regulatory assets	287,390	26,545
Other current assets	0	918
Total current assets	743,820	468,564
Operating lease right of use assets	14,905	20,070
Restricted cash and cash equivalents	116,469	113,549
Note receivable	0	11,990
Regulatory assets - deferred taxes, net	2,008	43,866
Regulatory assets	209,028	505,623
Other deferred charges	16,366	23,835
Total assets	5,388,769	5,429,542
Liabilities and member’s equity
Member’s equity	2,107,407	2,063,237
Long-term debt and finance leases, net	1,546,624	1,697,152
Total capitalization	3,654,031	3,760,389
Current liabilities
Short-term debt	110,000	0
Long-term debt and finance leases due within one year	264,934	190,314
Customer deposits	58,002	56,982
Provision for rate refund	20,510	60,768
Taxes payable	13,422	23,709
Interest accrued	11,781	11,752
Energy risk management liabilities	256	15,112
Regulatory liabilities	8,327	21,939
Postretirement benefit obligations	21,701	30,777
Other current liabilities	17,131	14,617
Total current liabilities	647,814	534,735
Commitments and contingencies (Note 16)
Long-term liabilities and deferred credits
Accumulated deferred federal and state income taxes, net	788,016	806,560
Postretirement benefit obligations	109,464	132,321
Regulatory liabilities	1,500	0
Storm reserves	76,178	111,509
Asset retirement obligations	13,450	13,598
Operating lease liabilities	12,788	17,276
Provision for rate refund	19,896	0
Customer advances for construction	27,440	26,815
Credit deposits	14,750	7,000
Other deferred credits	23,442	19,339
Total long-term liabilities and deferred credits	1,086,924	1,134,418
Total liabilities and member’s equity	5,388,769	5,429,542
CLECO POWER | Securitization
Current assets
Intangible asset - securitization	384,908	398,658
CLECO POWER | Nonrelated Party
Current assets
Accounts receivable	47,520	48,949
Current liabilities
Accounts payable	110,361	95,565
CLECO POWER | Affiliate
Current assets
Accounts receivable	1,174	4,543
Current liabilities
Accounts payable	$ 11,389	$ 13,200